Rihanna recently lost $9 million due to misplaced trust in friends, causing fans’ outrage (video)

Entertainment January 6, 2024 · 0 Comment
The scam was allegedly a trap set by her financial advisors to embezzle $9 Million from her.

Celebs are always defined by the fans who can recognize them from a mile away or the sheer amount of financial resources that they have at their disposal.

When we talk about the music industry, there are a lot of stars like the celebs mentioned above, but Rihanna may be at the top of that list among others.

Being one of the most commercially and critically successful singers of all time doesn’t necessarily mean that you’ll be having a cushy life.

On the contrary, it might just prove harder to maintain yourself when you’re in that position, especially financially.

The musician learned this the hard way when she was scammed for $9 Million when she was still a teen pop star in the industry.

How Rihanna Was Scammed For Millions By Her Accountants

Being a celebrity can be quite a challenging task even for those who have received fame and fortune when they’re already full-grown adults, so think about what kind of difficulties these young teenage stars in the entertainment business would have to go through. Rihanna was an upcoming star in the music scene since the age of 16, which is why she almost faced financial ruin at the hands of her accountants.

Since she was a non-native of The US, she came to the States from her home country of Barbados when she was discovered by American producer Evan Rodgers. With her songs becoming smashing hits one after the other, she gained both tremendous fame and fortune with little knowledge about what to do with them, especially the fortune.

Thus, she put all her trust in her accountants when she hired them to take care of her finances. But instead of proving good on her trust, they decided to swindle her hard-earned money. In 2014. when the Love The Way You Lie singer sued them for scamming her of her money, it was revealed that they had once made her buy property as a financial asset.

Little did she know that the property was absolutely inhabitable, which prompted her to sell it for a $2 Million loss, incurring a total loss of $9 Million in the process. This was still in the early days of her career, and especially around the time she was somewhat struggling with her finances, which makes it even more appalling to know.

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