In 2012, Rihanna filed a lawsuit against her former accountants at Berdon LLP, whom she hired in 2005, alleging that they had scammed her out of millions of dollars. According to The Hollywood Reporter, one of Rihanna’s grievances was that the accountants allegedly pocketed a substantial percentage of her Last Girl on Earth tour budget in 2009, even though that wasn’t a standard accounting practice. She also claimed that they withheld helpful financial advice concerning cutting tour costs so they could pocket higher commissions.
According to Page Six, the accountants also allegedly encouraged Rihanna to purchase a multi-million dollar mansion. “The defendants advised Ms. Fenty by email that purchasing a home in Los Angeles `would be a good investment’ despite knowing Ms. Fenty was experiencing financial difficulties,” shared Rihanna’s attorney, Edward Estrada, in court documents. The court filings also revealed that the home in question was littered with mold. “Ultimately [the house] was uninhabitable, and Ms. Fenty suffered a significant monetary loss when she ultimately sold the property for nearly $2 million less than what she paid,” continued Estrada.
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At the time, Rihanna’s former accountants denied that they were to blame for her losses, per TMZ. However, as reported by Reuters, all parties managed to reach a settlement by July 2014.
