Original “Real Housewives of Atlanta” Star DeShawn Snow Accused Of Fraud

DeShawn Snow

Original Real Housewives of Atlanta Star DeShawn Snow Accused Of Fraud

DeShawn Snow has been laying low since she starred in the first season of Bravo’s The Real Housewives of Atlanta more than 10 years ago.

But now, she’s back in headlines as she’s been accused of fraud concerning more than $157,000 in a civil lawsuit, according to the AJC.

Snow, who now works as a real estate agent, is being sued by cash advance company Thrivest. Thrivest provides advances for real estate commissions that have not been completed yet. Thrivest sued Snow in the U.S. District Court for the Northern District of Georgia’s Atlanta division on August 27.

‘RHOA’ Season 1 cast

According to the lawsuit, Snow’s issues began when

“[her] expenditures outpaced her ability to earn funds as a real estate agent.”

In an attempt to recover the debt, Snow allegedly sold a diamond brokering commission to Thrivest. But Thrievst now claims,

“Snow’s commodity related deals were dubious and she never earned the commission she was selling in exchange for the advance.”

Thrivest claims it gave Snow’s company, DSE Holdings $157,895.74 based on a supposed commission of $746,859.96 for the purchase of 22,632.12 carats of diamonds. But Thrivest said it’s convinced the deal was

“a sham, meant only to provide Snow with a basis to secure another advance to fund her lifestyle.”

DeShawn Snow

The loan was reportedly not used for DSE Holdings but for Snow to allegedly pay down her own debts that have no connection to her company. The lawsuit also alleges,

“Subsequent to obtaining the advance from Thrivest, DSE Holdings ceased conducting any apparent business activity.”

Things seemed to be going in the right direction when DSE Holdings allegedly agreed to an arbitration award of $264,129.37, but Thrivest said it hasn’t received any of it, which is why it’s suing now. Thrivest said DSE Holdings owes it $345,000 in compensatory damages plus an additional $1 million in punitive damages.

Snow has responded to the lawsuit and said it’s a

“bogus lawsuit to harass me and discredit my name and good standing within the business community. The company’s contention that I committed fraud is a bald-face attempt to paint a picture of artifice and deceit where none exist and I dispute their assertions.”

She added,

“Because of my celebrity, the company not only hopes to come after me personally, but also threaten my business relationships as well as generate unwanted and unpleasant media exposure.”

Snow also said she will file a counterclaim for defamation

“and will use the resources available to me to fight this lawsuit to the fullest extent of the law.”

Fans might remember Snow starred in RHOA when she was married to her now ex-husband, retired NBA player Eric Snow. The two divorced in 2010.

Eric Snow, DeShawn Snow


What do you think about the accusations against DeShawn? Tell us in the comments.

Source: Atlanta Journal Constitution

Authored by: Char Patterson