«Breaking News» Police investigating the alleged theft of assets from Aretha Franklin's estate

Police are investigating the alleged theft of assets belonging to the late singer Aretha Franklin.

Police Lieutenant Timothy Abbo told Detroit Free Press late Thursday an active theft investigation is underway involving the Queen of Soul's suburban mansion, but that it started before Franklin's death. He offered no further details.

TMZ also reported that the criminal probe involves  someone inappropriately using her funds, although it is not clear how much, if any, money was taken. 

Franklin died of pancreatic cancer in August in her Detroit riverfront apartment at the age of 76.

Cops in Chicago are investigating the allege theft of assets from the estate of the Queen of Soul Aretha Franklin (pictured) 

At the time of her death, she still owned her 4,148-square-foot Colonial-style home in Bloomfield Township, which has drawn scrutiny by the Internal Revenue Service.

The theft investigation was first reported by The Blast, which also claimed that Franklin's estate is locked in a battle with Franklin’s 61-year-old son, Edward, who was born when the singer was just 14.

The Blast reported that Edward has been trying to get a court order to force the estate to produce monthly financial documents to Franklin’s heirs.

However, the estate won't turn over the information because, it claims, that could negatively impact the criminal investigation involving missing assets from the estate.

 Her estate  paid at least $3 million in back taxes to the IRS since her death in August, an attorney for the late Queen of Soul’s estate said in December.

The estate is being audited by the IRS, which filed a claim this month in a county probate court north of Detroit, David Bennett told The Associated Press.

Just weeks after her death, Franklin's Bloomfield Township home (pictured) was listed for sale for $800,000, but it has since been taken off the market, according to Realtor.com

The Blast reported that Aretha's son Edward (left)  has been trying to get a court order to force the estate to produce monthly financial documents to his mother's heirs

TMZ reported that legal documents it obtained showed the IRS claimed the singer owes more than $6.3 million in back taxes from 2012 to 2018 and $1.5 million in penalties.

'We have a tax attorney. All of her returns have been filed,'  Bennett told the AP. 

'We have disputes with the IRS regarding what they claim was income. We claim its double-dipping income because they don’t understand how the business works'. 

He added that Franklin had a lot of expenses whenever she toured. 

'She had to pay for transportation, hotel rooms, backup singers, musicians. When she did that the IRS was questioning the returns she filed,' Bennett said. 

'We’re going through audits. Returns were filed as timely as we could get them filed'. 

At the time of her death, Franklin owned a home in Oakland County’s Bloomfield Township. The IRS filed the claim this month in Oakland County Probate Court in Pontiac.

Documents filed in an Oakland County court after Franklin’s death did not mention the value of her estate, which could run into the tens of millions.

Franklin’s estate also has paid money to the state of Michigan and other jurisdictions 'where she would have had some income,' Bennett said.

Franklin had been the target of a number of lawsuits by creditors during the late 1980s and 1990s.

In 2008, the singer said an attorney’s mistake caused her $700,000 mansion in Detroit to slip into foreclosure over $445 in 2005 taxes and late fees. 

The Detroit Free Press reported then that Franklin owed a total of $19,192 in back taxes on the property through 2007.

 

 

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Main photo article Police are investigating the alleged theft of assets belonging to the late singer Aretha Franklin.
Police Lieutenant Timothy Abbo told Detroit Free Press late Thursday an active theft investigation is underway involving the Queen of Soul’s suburban mansion, but that it started before...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

Dianne Reeves US News HienaLouca





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