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Kylie Jenner may face fraud charges


Supersonic

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Supersonic

Kylie Jenner could face a criminal investigation over alleged exaggerations of her company's value, a top financial fraud attorney has revealed.

The cosmetics entrepreneur was kicked off the coveted Forbes Billionaire list by the wealth magazine on Friday in a shock move, after the outlet said financial filings with the Securities Exchange Commission (SEC) show she may have been lying about the success of her cosmetics company.

In an exclusive interview with DailyMail.com, internationally renowned lawyer Jan Handzlik, who served five years as a federal prosecutor in LA and now defends celebrities and big companies in financial fraud cases, said the alleged exaggerations could land Jenner in a world of legal trouble.

'My guess is that at a minimum the SEC will begin what they call an informal inquiry and then perhaps elevate that to a formal investigation, which gives them subpoena power,' Handzlik said.

He added: 'In this matter you've got a mixture of things that may lead to both civil and criminal scrutiny early on: obviously the celebrity aspect, the large amount of the alleged exaggeration, and the highly public nature.  All of this is like catnip to a prosecutor or the SEC, because it will lead to very heavy coverage of what takes place.' 

Handzlik said that after a possible grilling by the SEC, Kylie could also face a criminal investigation by the Department of Justice.  ‘If the Department of Justice decides to make this a criminal case… if there were to be a conviction, that could include jail time for any individuals who were responsible.’

https://www.dailymail.co.uk/news/article-8371033/Kylie-Jenner-face-criminal-investigation-alleged-exaggerations-companys-value.html

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NFRatwell

Yes this is exactly what the department of justice needs to be putting the attention to 

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Skabi

damn the new kuwtk seasons is about to be epic, kris jenner really did THAT

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Bonkers

I almost tried to marry her! I would have felt so scammed at the divorce when I tried to take half of her money.  :cryga:


 

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raragaga

giphy.gif

there are bigger, more disgusting fish to fry

xoxo
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gumzy3000

I doubt she will go to jail, she 100% has some of the best lawyers money can buy so ya'll who think she will go to jail are dreaming :lmao:

trolly troll troll
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Varys
2 minutes ago, melodichard said:

Lock her up! :laughga:

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Banned 04/19/2020 - 04/19/2020
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7 minutes ago, Supersonic said:

that could include jail time for any individuals who were responsible.’

Celebs never go to jail, please

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