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Kurt's mother, sister may lose their homes: Courtney Love

thecheers.org    2008-03-31 04:16:23    




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New York, March 31 : Courtney Love says that her late husband Kurt Cobain's mother and sister are at risk of losing their homes, for two thieves have bilked his estate of more than 200 million dollars.

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Courtney Love says that her late husband Kurt Cobain's mother and sister are at risk of losing their homes, for two thieves have bilked his estate of more than 200 million dollars.

Earlier this month, Love alleged that a con man and a con woman used Cobain's Social Security number to open up more than 188 credit cards in his name, though she did not reveal any names.

She said that the two cheats even refinanced several homes, including Kurt's mother's, Wendy Fradenburg Cobain O'Connor.

"It's insane. In Kurt's will, his mom was left 15 percent of his estate - the rest went to me and (daughter) Frances Bean. But we had to wait until the estate closed and probate was over. But it's been open 14 years! It's criminal," the New York Post quoted Love as saying in a voice-mail message.

Love said that it was years ago that she met the alleged cheats through friends, and since then, the con artists had bought homes in New Jersey and upstate New York, taken private planes to and from Westchester, and bought convalescent homes.

"I don't expect in a recession Americans to feel sorry for a person who's lost about 200 million dollars, but this is nuts. I had (only) a 500-dollar limit on my ATM card for years," Love said.

"Kurt's mother's home is in arrears and his sister Kim's home was repossessed by the bank . . . Investigators found 62 bank accounts I never opened. His mom should have 163 million dollars by now with amortization from her part of the will. It's so frustrating. I was promised (by financial managers and lawyers) that 'before a penny drops in the wrong direction, we will be there. You will never be embezzled from.' I was.

"My own house was refinanced four times. I have never done this. I've owned one Toyota and one Prius in my life. There are auto loans on Kurt's (Social Security number) for a Mercedes and a Bentley. Someone applied online and got 27 American Express cards and 74 Visas on Kurt's Social (Security number). Everything has been forged. There is a piece of paper with a forged signature where I supposedly declared myself incompetent and they took over everything," she said.

It all became so irksome for Love that she once decided to take her own life.

"I tried to commit suicide and went to rehab. I'm better now and the FBI in Orange County (Calif.) and Scotland Yard are handling this," she said. (ANI)
© 2007 ANI

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