Monday, February 17, 2014

WINNING: Rihanna Bags $10M in Settlement Against Former Accountant

I can’t even imagine how salty Peter Gounis and the firm Berdon LLP must feel right now. While they’ve taken a major "L", Rihanna is rolling in the dough!

Rihanna's former accountant nearly drove her to bankruptcy after giving bad financial advice, and now the pop superstar is getting restitution in the form of $10 million. She sued accountant Peter Gounis and the firm Berdon LLP, claiming he gave her the go-ahead to buy a $7 million home, despite the fact she was bleeding cash at the time.

After being guided into buying the home and making other financial mistakes through her accountant, Rihanna was left with just $2 million at the end of 2009. Her lawyers claim that Gounis was aware that the home she bought was badly in need of repair, due to water and mold damage, leaving her to foot a $1 million bill to fix the place. She eventually sold the home at a $2 million loss, and later dropped the accountant, suing him for $35 million in 2012.

Berdon LLC has reportedly chose to settle for $10 million, and the papers are lined up to be signed this week.

Rihanna's financial situation has greatly improved over the years since dropping Gounis, with her net worth hovering around $43 million.

 
The lesson here kids is...ALWAYS do your own books!


 vlad


No comments:

Post a Comment