Real Housewives of Beverly Hills: Divorce, Investment Scam

The stars of the “Real Housewives of Beverly Hills” are not only involved in a divorce, but also in an investment scam. Taylor Armstrong and her soon-to-be ex-hubby are being accused of shady business dealings. Only a week after Armstrong filed for divorce, she and her husband, Russell Armstrong were both accused of allegedly misleading investors into buying shares of a company named NuWay Digital Systems, Inc., where Armstrong was CEO.

Real Housewives of Beverly Hills

However, the man also seems to have held interest in another company, called MyMedicalRecords.com and in the lawsuit, this particular company accused Armstrong of making millions of dollars out of people who only bought NDS shares, thinking they were actually buying shares for MMR.

What did the couple do with the money? Well, it seems that the two redecorated their house (go figure!) and they also invested with Eva Longoria in a very fancy restaurant. So it is all about divorce and investment scam for these “Real Housewives of Beverly Hills.” Still, it seems that the two parts, the Armstrongs and MMR, reached an accord and it seems that MMR wants about $1.5 million just to make things right. Russell Armstrong’s attorney, however, said that MMR is currently struggling from an economical point of view and from where he is standing, this trial is only a “shakedown.” The Real Housewives of Beverly Hills Season 2 premiere is scheduled for Sept.5, 2011 and should attract a lot more viewers with the latest divorce and investment scam drama.


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