One of the Charlie Angel’s - Kate Jackson is looking at ‘financial ruin’
May 11th, 2010 - 11:45 pm ICT by Aishwarya BhattLos Angeles, May 11 (THAINDIAN NEWS) One of the original stars of the ‘Charlie’s Angels’ – Kate Jackson is looking at financial ruin. And the worst part is that she herself is not responsible for her state. Instead she holds her financial advisor responsible for her bad state. She had met her financial advisor through Farrah Fawcett.
The original star of the Charlie Angel’s – 61-year-old Kate is now not taking things lying down and has sued her financial advisor, and she alleges that he has cheated her out of more than $3000,000. The lawsuit has been filed in the LA County Superior Court, and in it Kate claims that Farrah’s former business manager Richard B. Francis used his influence with the star to get Kate as a client. She also alleges that Francis told her that her value was around $5.4 million and she could easily have a lavish lifestyle from the interests that were accumulating in her accounts. But later Kate realized that her net worth was not in the range of $5.4 million, but rather it was drastically less and was in the range of just $3 million.
However Francis denies all these claims and according to TMZ, says that, “This case will end at the deposition stage. It will never go to court.”
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Tags: business manager, charlie angel, charlie s angels, county superior court, deposition, farrah fawcett, financial ruin, kate jackson, la county superior court, lavish lifestyle, net worth, old kate