Russell Simmons is suing his ex-wife, Kimora Lee Simmons, and her new husband, Tim Leissner, for allegedly transferring and using his shares of an energy drink company to pay legal fees for Leissner. He claims his shares of Celsius, the energy drink, are being used as collateral to pay a bond in connection with criminal charges filed against Kimora's new husband by the feds.
In court documents obtained by The Blast, the entertainment mogul claims he, his ex-wife, and her husband invested tens of millions of dollars in the Celsius energy drink company. Kimora and Leissner allegedly "conspired with each other, aided and abetted each other and together engaged in fraud by causing an unlawful conversion and fraudulent transfer" of the Celsius shares without Russell's consent or knowledge. He claims that Kimora and her new husband transferred his shares to themselves. Russell claims his new accountants discovered a "substantial unexplained change" in his interests in Celsius... something that didn't sit well with him and his lawyers.