Courtney Love Sues Over Stolen Cash

• 8th Apr 2009

It seems that all the money left to her and daughter Frances Bean by Kurt Cobain has been siphoned off by the people who were supposed to be looking after her estate for her.

Love's lawyer Rhonda J Holmes told the New York Post: “I have never seen such greed and moral turpitude. This case is going to make Bernard Madoff look warm and fuzzy. We will be filing civil cases … within the next 30 days. There are many, many millions missing. We've only been able to track down $30 million, but there is more. And then there is the real estate. There is now a web of homes which were bought, flipped and used to launder money – up to $500 million worth”.

“Courtney noticed the money was gone when there wasn't any left”, continued Holmes. “It's no secret she struggled with substance-abuse issues, but in the last year she's taken a more serious approach to sobriety and started noticing things were wrong. She hired private investigators, accountants and me. When Mr. Cobain died in 1994, he left his enormously wealthy estate behind for the benefit of his mother, two sisters, a brother, his wife and young daughter. Many of those [involved with] the estate's coffers mismanaged, stole and outright looted it shamelessly”.