Last month a report came out that Jacqueline Laurita‘s bankruptcy fraud case had been settled for a $1 million dollars. But it turns out – settled?! – not so much! An update reveals that the trustee is seeking more time to investigate.
I personally have been digging into this story, since we’ve been hearing so many conflicting reports, and the Signature Apparel Bankruptcy fraud case involving Jacqueline, Chris Laurita, and his brother, Joseph is raging on – no matter how much Jacqueline wants to pretend it’s over and done with!
The Lauritas, the former owners of Signature Apparel, LLC, are accused of misappropriating company funds, to the tune of $8 million, for personal use – including vacations, cars, private jets, homes, and shopping – but then filed bankruptcy in 2009 to avoid paying back debts. At that time Signature Apparel was also boasting millions in revenue. Creditors protested the bankruptcy to the trustee, who after investigation, then filed a claim against the Lauritas, resulting in years of court back and forth for the Real Housewives Of New Jersey stars.
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