Friday, January 13

Money Managers Steal $1.1 Milli From Tae Bo Guru!

Two broad who worked for Billy Blanks are headed to the slammer for stealing big bucks from their former boss.

Demetria Gutierrez and Rhenee Foster are headed to federal prison for 3 years for stealing  more than $1.1 million from Billy Jean.

According to the United States Attorney's Office, Blanks hired Foster and Gutierrez to handle his personal and professional finances and these broads were ballin' like a MF blowing his money on things like fancy clothes, vacations and "down payments on several Range Rovers."

This is why you need to keep an eye on your own cash. LaToya Jackson once said that Michael would hire people with no known assets, and three months later, they're pulling up in a brand new BMW.
Officials say the women were feeding Blanks false statements to conceal their scheme.

The women both pled guilty to bank fraud last year -- but yesterday, they were each sentenced to 33 months in federal prison and ordered to pay $1,119,000 in restitution.

Ateecha!

PS: If you're looking to get into shape and really lose some weight... get the basic version of Tae Bo... that thang there will have you shaped like unpregnant Beyonce in 30 days.

2 comments:

Young@hard....hla said...

U just have to have eyes for your own $$$$$.

Simple put ..require two signatures on all checks ...one being your.

Anonymous said...

Glad they were caught!