Rihanna Allegedly Lost Millions; Sues Accountants

Rihanna is suing her former accountants for not taking good care of her finances and causing her to lose millions of dollars since they were hired in 2005.

To add insult to injury, she now says the faulty bookkeeping of her former money managers has also caused her to be audited by the IRS. Rihanna was apparently never informed that her 2009 tour, Last Girl on Earth, was “bleeding money.” Therefore, according to the federal complaint she filed under her real name, Robin Fenty, she was not able to correct the problem, and this resulted in quite a large amount of money lost.

Furthermore, Rihanna accused Berdon, her former accounting firm, of being “lazy” with her tax returns from 2008-2010, which has caused her to be audited for those years. The singer also claims that she got poor financial advice from the firm that resulted in her buying a $6.9 million house in 2009 that caused the singer stress and frustration. The suit states:

“Despite having earned millions of dollars in revenues during Berdon’s tenure, Fenty learned that her net income after payment of expenses and exorbitant commissions to the defendant, was a fraction of that amount.”

Berdon has yet to comment on the suit.


Photo: Wikipedia

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