(EXCLUSIVE) R&B Singer Teddy Riley Accused of Conspiracy & Fraud, Sued For $1.9 Million
R&B singer Teddy Riley is accused of creating a complex online scam to screw investors out of hundreds of thousands and now he has been hit with a $1.9 million dollar federal lawsuit for conspiracy and fraud, theJasmineBRAND.com exclusively reports.
Reportedly, the online investment company, The Receivables Exchange, explains that they are an electronic marketplace where sellers can auction off eligible receivables for sale to investors – which essentially is a company selling off debt owed to them and then the buyer can legally collect on the money owed by the debtor.
[READ MORE ON THE NEXT PAGE.]
1 2

Previous Article
Next Article
Custom Grillz Designer Claims He Was Escorted Out Of Jay-Z’s Yankee Stadium Show Despite Spending $3K On Front Row Seats
Actress Meagan Good Pregnancy Rumors Shut Down After Viral Baby Bump Photo Exposed As AI
D.C.’s Rat Birth Control Program Appears To Be Working As Rodent Population Drops
Concerned Father Shares Footage Of Son Being Followed By An Officer & Then Handcuffed For Reportedly Looking Suspicious While Wearing Hooded Jacket: This ‘Hurts My Heart’
YIKES! Indiana Man Arrested After Allegedly Cutting Off His Penis & Setting It On Fire, Causing Garage To Go Up In Flames
Savannah James Defends Husband LeBron, Says Critics Have “Made Careers” Out Of Talking About
[UPDATE] No Evidence Of Crime Found In Nolan Wells’ De@th So Far, Sheriff Says
Condolences: George E. Johnson, Pioneer Of Black Hair Care Products Such As Ultra Sheen & Afro Sheen, Passes Away At 99