Dorit Kemsley and her hubby Paul ‘PK’ Kemsley are rumored to be down and out in Beverly Hills. Ouch!
It’s no secret that PK allegedly owes millions in unpaid loans but it turns out he’s not the only Kemsley will some very naughty borrowing habits.
The Real Housewives of Beverly Hills star has her own financial issues that revolve around her Beverly Beach swim line. Dorit is being sued by he former Beverly Beach business partner Ryan Horne, who claims he fronted Dorit and PK “nearly $130k in merchandise plus $75k for other expenses.”
However, Horne insists he never saw a dime after the Kemsley’s “sold the bathing suits for a huge profit and lined their pockets without paying him back.”
— QUEEN OF THE DAMNED (@Jasminelennard) August 17, 2018
As for PK, he reportedly owes $1.7M to the Bellagio Hotel and Casino in Las Vegas for a gambling debt and $1.2M to Nicos Kirzis for a personal loan he gave the British businessman years ago.
The RHOBH couple also owes $1M in back taxes according to the IRS.
Life & Style now reports that Dorit and PK are in a terrible financial bind and don’t know how to turn it around.
“Dorit and her husband PK, are in a bad place. They don’t know where to turn,” reveals a source, adding that the pair “are seriously struggling right now.”
AllAboutTRH previously reported that, according to a Life & Style source, the Real Housewives of Beverly Hills star, “acts like she’s on the same level as Gwyneth Paltrow or Jennifer Lopez. She’s hired a glam squad she can’t afford and is dropping a fortune on designer clothes.“
“He finds it hard to say no to Dorit’s demands,” says the source, “but the whole money situation is causing tension between them.”
Dorit addressed the lawsuits during an episode of Watch What Happens Live with Andy Cohen last month.
“As far as the lawsuits go, those are in the proper hands and I can’t really discuss much but you should stay tuned because there is more to that story,” Dorit explained.
Dorit and PK are still attempting to off-load their Beverly Hills home but with very little luck. And it turns out they may want to be careful because their home and assets could be seized by the government in order to pay off their mounting debts.
Despite the financial turmoil in their life, Dorit and PK continue to present a united, and lavish, front on camera and on social media.
Talk about more money more problems!