Kurt Cobain Estate Blows $750 Million

I have never seen such greed and moral turpitude. This case is going to make Bernard Madoff look warm and fuzzy. – Rhonda J. Holmes, Lawyer.

The $750 million that was left by Kurt Cobain to his widow Courtney Love and daughter Frances Bean has been lost by his estate in what is alleged to have been a money laundering scam in which houses were bought sold and used to launder up to $500 million.

According to Courtney Love’s lawyer Rhonda J. Holmes:

There is now a web of homes which were bought, flipped and used to launder money – up to $US500 million worth.

To date, Love’s lawyers have only been able to track down $30 million in cash. The real estate is likely to present different hurdles.

[New York Post via News.com.au]