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Judge won't increase bond for R. Kelly or give $100,000 back to woman who posted his bail

Source: Chicago Tribune / Getty

According to The Blast, R. Kelly is being accused by prosecutors of hiding a boatload of cash in his childhood friend’s bank accounts.

Court documents show that prosecutors believe the R&B singer is flat-out lying about being broke and that he has been diverting his music royalty payments to a third party.

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Prosecutors state:

“The defendant’s contention that he has “almost no financial resources” is also misleading. In fact, the defendant continues to receive hundreds of thousands of dollars in connection with royalties he is owed for his music.

The government’s investigation has revealed that earlier this year, the defendant re-directed those royalties to the bank account of a childhood friend. Regardless of where those funds are being held, however, they belong to the defendant and, at any time, the defendant can redirect those funds – and future royalty proceeds earned – to an account in his name.”

PHOTO: AP

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