CHICAGO (CelebrityAccess MediaWire) — Lawyers for R&B singer R. Kelly have filed suit against a concert promoter, claiming that the promoter Leonard Rowe was selling non-existent "shares" of a recent R. Kelly tour.
According to a report by CNS, the lawsuit contends that promoter Leonard Rowe, of Rowe Entertainment had been promising "unwary investors were promised half of the profits from three Kelly concerts in late December and early January, in return for a cash investment of $440,000." The investors, perhaps unsurprisingly, didn't receive anything for their investment after Rowe allegedly told them untruthfully, that the concerts had lost money.
"After the concerts, the investors were allegedly presented with what was described as a false accounting showing that the concerts had lost money, as a result of which there were no profits to be paid out." said Kelly in a statement.
"I agreed to let Leonard Rowe promote my tour because he convinced me he was an underdog who deserved a chance to prove himself." Kelly added
Kelly also filed another suit against Rowe in February, claiming that the promoter had yet to pay Kelly "several million dollars in tour proceeds he was owed." – CelebrityAccess Staff Writers