We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Kerry Katonas spent the lot

2456710

Comments

  • dopester
    dopester Posts: 4,890 Forumite
    You didn't give the link to the full article.

    Here is one from The Mirror. That girl surely has been through a lot of money in her time. :eek:
    Kerry Katona has discovered FOUR secret bank accounts set up by dumped husband Mark Croft. The stunned star was furious when the news about the accounts was broken to her by financial experts – and at first wanted to call in police.

    Former I’m A Celebrity! winner Kerry, 28, is dumbfounded after finding she has barely a penny left – and is mystified about losing more than £3million in less than two years.

    She has told friends: “I fear he has bled me dry.”
    Kerry – who announced she was divorcing Croft on Friday – was dumbfounded when she found she had barely a penny left this week, after an investigation by her new financial adviser Frank Cochran.

    Although she was made bankrupt last year she had believed it was a technicality and didn’t really grasp she had run out of money.
    But a source close to the star – who wed Croft on Valentine’s Day 2007 – said: “Two years ago Kerry was mortgage-free and had enough money in a Coutts bank account to live off the interest.

    “But Croft has helped her spend millions in the last few years and she is now struggling to pay the bills.”
    Friends also said they were amazed when Croft introduced Kerry to David McHugh, a financial adviser who was jailed for deception in 2004.

    Croft became close friends with McHugh, and he became Kerry’s accountant two years ago. Croft and McHugh ploughed money into a property development company they set up with Kerry called Modena, as they tried to invest cash in the Orkneys.
    http://www.mirror.co.uk/celebs/news/2009/03/14/kerry-katona-s-lost-3million-in-two-years-115875-21198370/
  • Zelie
    Zelie Posts: 773 Forumite
    What a stunningly unprofessional financial adviser. Sounds like he's loving the limelight to the detriment of his client. Perhaps time she went for somebody better!
  • dopester
    dopester Posts: 4,890 Forumite
    Zelie wrote: »
    What a stunningly unprofessional financial adviser. Sounds like he's loving the limelight to the detriment of his client. Perhaps time she went for somebody better!

    The guy giving the statement is the newly appointed guy of Celebrity Financial Planning Ltd.

    Something like £70 million under management I just read.

    I think they arrived at her house in a porsche. The younger guy is his son I think. Didn't think much of the spokesman's suit though. Looks a bit cheap to me, but I'm no expert, and the material around the upper button looks worn.

    http://www.thesun.co.uk/sol/homepage/showbiz/tv/article2319267.ece
  • shirlgirl2004
    shirlgirl2004 Posts: 2,983 Forumite
    Part of the Furniture Combo Breaker
    dopester wrote: »
    The guy giving the statement is the newly appointed guy of Celebrity Financial Planning Ltd.

    Something like £70 million under management I just read.

    I think they arrived at her house in a porsche. The younger guy is his son I think. Didn't think much of the spokesman's suit though. Looks a bit cheap to me, but I'm no expert, and the material around the upper button looks worn.

    http://www.thesun.co.uk/sol/homepage/showbiz/tv/article2319267.ece
    Quite possibly. If he's Old Money he won't feel the need to prove he's got it by buying new suits when there's plenty of life left in the old ones. I'd say the Porsche doesn't fit with that, but then men and their cars are a mystery to me.
  • jamespir
    jamespir Posts: 21,456 Forumite
    i dont see why people would care i hate her and jade goody but i would rather spend all day reading about jade goodys cancer ordeal (as i feel sorry for the lass) than spend a minute caring about druggie kerry katona didnt she get voted model mum of the year or something what an absolute farce no wonder we have a load of pregnant teenage chavs in this country what have they got to look up to
    Replies to posts are always welcome, If I have made a mistake in the post, I am human, tell me nicely and it will be corrected. If your reply cannot be nice, has an underlying issue, or you believe that you are God, please post in another forum. Thank you
  • Bankrupt Kerry Katona? ...Ah, I see.....'So that's why mums go to Iceland'
  • kaya
    kaya Posts: 2,465 Forumite
    Part of the Furniture Combo Breaker
    welcome to the world of cocaine addiction coupled with marrying an ahole miss katona
  • paulsad
    paulsad Posts: 1,315 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Anyone could see what a p*ick her hubby was - but they deserved each other - she deserves to lose the lot for being a bimbo of the worst kind. Off her head on coke most of the time (allegedly!) Great example for her kids and Iceland for that!!
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    Its not fair on Kerry, I have been following this story and have a great deal of sympathy for this poor woman. Shes only a couple of years younger than me and born quite close to where I was born.

    This poor lass didnt stand a cat in hells chance, her mother is a drug addict and fed Kerry drugs, Kerry raised in and out of the care system, and has had mental health problems associated with this since childhood. She dropped lucky to have found herself in the Kittens, and then Brian decided he couldnt handle her issues, so left her. Kerry battling with mental health issues and drug addiction and her mother constantly hanging around peddling drugs to her. Brian tries ( pretty unsuccessfully Id say) to have the children in his care as shes not coping.
    MArk croft is a scummy little addict that has done her no favours. He has manipulated this young woman and stolen her money. His twisted freind as her "advisor" has !!!!ed her over. kerry barely even knows what day it is.
    This is domestic violence, I cant believe we all sit around and laugh about it .
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • ^!£$&
    ^!£$& Posts: 1,929 Forumite
    Well hopefully now that her a hole husband has left she can pick herself up, dust herself off and start a fresh!!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.4K Work, Benefits & Business
  • 601.2K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.