Millions Reportedly Looted From Kurt Cobain Estate
- Posted on Apr 7th 2009 3:00PM by John D. Luerssen
- Comments (31)
Courtney Love has come to the realization that handlers of the estate of her late husband, Kurt Cobain, have allegedly lost all the money that the Nirvana frontman had left for her and their daughter Frances Bean. A team of lawyers, forensic accountants and investigators have reportedly determined that Cobain's estate has been looted of more than $30 million in cash, and up to $500 million in real estate."I have never seen such greed and moral turpitude. This case is going to make Bernard Madoff look warm and fuzzy," Love's lawyer, Rhonda J. Holmes, of Gordon & Holmes in San Diego, told the New York Post. "We will be filing civil cases ... within the next 30 days. There are many, many millions missing. We've only been able to track down $30 million, but there is more. And then there is the real estate."
"Courtney noticed the money was gone when there wasn't any left," says Holmes. "It's no secret she struggled with substance-abuse issues, but in the last year she's taken a more serious approach to sobriety and started noticing things were wrong. She hired private investigators, accountants and me."
Bank accounts established with the Social Security numbers of Cobain, Love and Frances Bean were set up and used to buy and sell real estate. "There is now a web of homes which were bought, flipped and used to launder money -- up to $500 million worth," Holmes claims. "Any of the property we can get back will be donated to people who have lost their homes in foreclosures."
"We are also working with local and federal authorities," Holmes said. "When Mr. Cobain died in 1994, he left his enormously wealthy estate behind for the benefit of his mother, two sisters, a brother, his wife and young daughter. Many of those [involved with] the estate's coffers mismanaged, stole and outright looted it shamelessly."
Wondered why Love hasn't Twittered this yet.
Kurt Cobain Rewind
Nirvana photographed in 1991.
Youri Lenquette, Retna
Kurt Cobain of Nirvana at a taping of "MTV's Live & Loud" at Pier 48 in Seattle, Washington on December 13, 1993.
Alice , Retna
Kurt Cobain of Nirvana backstage after a gig at the Motorsport Garage, Seattle, WA. 23 September 1990
Ian Tilton, Retna
Courtney Love, Frances Bean Cobain, and Kurt Cobain of Nirvana at the 1993 MTV Video Music Awards
Jeff Kravitz, FilmMagic
Kurt Cobain of Nirvana during the taping of MTV Unplugged at Sony Studios in New York City, 11/18/93.
Frank Micelotta, WireImage
Kurt Cobain of Nirvana at the 1992 MTV Video Music Awards
Kevin Mazur, WireImage
Kurt Cobain of Nirvana performing in a dress at Maxwell's in Hoboken, NJ on April 28, 1990.
Steve Double, Retna
Kurt Cobain of Nirvana during Nirvana in New York, New York, 1990
Kevin Mazur, WireImage
Kurt Cobain of Nirvana performing at the Plaza de Toros de Valencia in Valencia, Spain. July 2, 1992.
Steve Double, Retna
Kurt Cobain of Nirvana during Nirvana in New York, New York. January 1, 1990
Kevin Mazur, WireImage










Reader Comments(1 of 2)
pbcivitanat 4-09-2009
How many millions did she blow up her nose?
Red Doulfhat 4-10-2009
courtney is a user, but KURTS music u have to say was inspiring to alot of newcomers after his death, wether he was doing drugs or not.........there are moochers out there and I am sure it wasnt just Courtney spending all that cash
raystowntransitat 4-09-2009
who cares!!!! druggies should all die a slow miserable death
unkloydat 4-09-2009
yea maybe rush limbaugh could step up first!
mdiverou812at 4-09-2009
hey ray your a asshole
iameyes137at 4-10-2009
Every biological function of raystowntransit is based upon chemical and electrical reactions, which if synthesized in a laboratory become drugs. Biology is a result of "drugs" interacting and being interfaced with an outside world.
raystowntransitat 4-09-2009
who cares!! druggies should all die a slow miserable death
itsmeburtat 4-09-2009
Although I don't support Courtney Love's live style, I do feel bad for her. I have seen cases in which people who barely know the deceased took advantage of the surviving loved ones. Hopefully she will continue to keep her act together and move forward.
mimsyscat 4-09-2009
She stayed so messed up, she probably blew it herself, how would she make a living now,,, poor daughter, hopefully something is in trust for her, otherwise her mother wasted that is well.
Ms. Jaydaat 4-09-2009
Hey Raystowntransit. You've obviously never had a close relative or friend who fell under the spell of drug addiction. Yes, they are often criminals in the fact they will steal for their addiction, and often from family members. But I can assure you, most of them hate themselves because their minds become chemically enslaved. I've never met anyone who is glad to be an addict. You should have some compassion and encouragement for these people, instead of wishing them dead.
sirb1azeemat 4-09-2009
Oh well, I guess it's time for her to fall back on her college degree's and talents to bring in her own millions...........ummmmm
wazzifamat 4-09-2009
She has too have that money....lol...She not gonna make it selling her records!!!! That's 4 sure!!!!
tperri71at 4-09-2009
500 million in real estate??? no way in hell. that's a b/s number.
dascaulat 4-09-2009
Court I feel for you babe they kiss you on the cheek and asure you everything going to be all right while digging in you purse Your not the only one out there to have had this happen too. Then they get off with a slap on the wrist picking up trash, and no pay back of funds stolen
maestro62at 4-09-2009
raystowntransit is an asshole. All assholes should die a slow miserable death!!!! Anyone agree?
Marleneat 4-09-2009
Definitely! Ignorance is only bliss if you can keep your stupidity to yourself. LOL
Hey, raystowntransit, try a little bliss and a little less stupidity.
SaneAsylumat 4-09-2009
raystowntransit you are a stupid ignorant piece of crap for saying all druggies should die a slow painful death. there's something really wrong with you if you think that i think you should have your ass beat.
joecbaseballat 4-09-2009
HAHAHAHAHAHAHA. If you weren't a drunken, drug addicted whore bum and took control of your life, you and your child would have been on easy street financially for the rest of your life. You have no one to blame but yourself!
augustgschwartzat 4-09-2009
Always,
Truth is stranger than fiction.
svssr95at 4-10-2009
looks like moos poop to me