By Karen Ruiz and Adam S. Levy for Dailymail.com
Released: 10:48 p.m. BST, October 13, 2020 | Updated: 10:58 pm BST, October 13, 2020
Dr. Dre’s estranged wife, Nicole Young, is reportedly under investigation by police after alleging she embezzled more than $ 385,000 from the rapper’s business account.
Young is accused of stealing money from Dre’s Record One recording studio twice, including a $ 353,571.85 payout in August.
The LAPD is reportedly investigating the matter after the studio’s co-founder Larry Chatman filed a police report against Young, TMZ reported Tuesday.
Young, who got divorced from Dr. Dre had previously claimed in proceedings that she was entitled to the money as she was the trustee of the account.
Nicole Young (pictured right) is accused of twice taking money from Dr. Dre’s Record One, including a payout of $ 353,571.85 in August
Young filed for divorce from the artist earlier this summer after 24 years of marriage. The couple were at odds over a marriage agreement and the rapper’s $ 800 million net worth
However, Chatman’s attorneys say her name was removed after the initial trigger, meaning she did not have legal access to the funds.
DailyMail.com has reached out to LAPD and Young attorneys for comment.
Dr. Dre and his legal team sent notices to Young and her team last month demanding that the money be returned to the account immediately, otherwise she would take legal action.
Young’s attorney, Bryan Freedman, called the move “a clear attempt to smear Nicole’s name” and told TMZ she was authorized to withdraw the money as part of the marital separation.
“As people know, banks don’t give money to people who aren’t eligible to receive it,” Freedman told the outlet.
He had previously informed TMZ that Dr. Dre stunted the first transaction as a “stunt” intended to distract from the details of the divorce.
“This is just an inferior public relations stunt by Andre and his team to try to change the fact that he was caught red-handed and sued for trying to cheat Nicole of the community’s property on the she is entitled, ”he said.
Young is reportedly under investigation after Dre’s business partner Larry Chatman filed a police report
‘There is no question that Nicole had both contractual and legal rights to take this action, and Andre’s team is aware of that fact. Any suggestion to do something unusual is absurd and pathetic. ‚
The investigation comes after a Los Angeles judge ruled that Dr. Dre Young didn’t have to pay $ 6.5 million in expenses related to their breakup.
Young had asked her estranged husband to raise $ 5 million for legal fees and $ 1.5 million for incidental expenses, including security, as her legal team said she was threatened during the breakup.
A judge denied her application earlier this month, ruling that Young had previously fired a security detail that the rapper hired for her, according to TMZ.
Young filed for divorce from the artist earlier this summer after 24 years of marriage because they share two children – son Truice Young, 23, and daughter Truly Young, 19.
Dre and Young were at odds about their marriage agreement. Nicole, who was previously married to NBA player Sedale Threatt, said she initially signed one but Dre later destroyed it in the better times of the marriage.
Beats Electronics founder in court documents has claimed full ownership of the $ 1 billion and family property, prompting Young to demand $ 1 million to “maintain the financial status quo.”
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