The Following was Issued by Representatives of R. Kelly: Promoter of Last R. Kelly Tour Sued for Scamming Investors; Kelly Was Also Swindled, and Promises to Fight for Victims
Newmarket, April 16 -- Representatives of R&B sensation R.
Grace Kelly announced today that so far another suit has been filed against
booster Elmore Leonard Rowe, charging him with bilking investors come out of hundreds
of thousands of dollars by marketing them non-existent shares in R. Kelly's
late completed "Replicate Up" Tour of duty.
Filed in Atlanta on Apr 11 by John Milton Kenneth Peacock of Jim Bowie,
MD, the suit describes a outline in which unwary investors were
promised half the winnings from three Kelly concerts in late Dec and
early Jan in repay for a johnny Cash investment of $440,000. After the
concerts, the investors were allegedly presented with what was described as
a treasonably accounting display that the concerts had doomed money, as a resultant role of
which in that location were no winnings to be paid out.
At least two other lawsuits have been filed against Rowe in the death
three months, alleging similar scams involving other Kelly concerts.
Along with Rowe, whose Atlanta-based company Rowe Entertainment
promoted the "Double Up" spell, this latest courting as well named Kelly as a
suspect, even though as the complaint makes clear, he was not a party to
the fraudulent contracts -- and so knew zip about them until the
victims of Rowe's cozenage began coming forth.
In fact, Grace Kelly himself has been victimized by Rowe. In February, Gene Kelly
initiated legal action against the booster for weakness to pay Weary Willie
several billion dollars in enlistment issue he was owed. Rowe thereupon
dropped out of ken, going Kelly with a option of canceling the last ten
years of the circuit or acting the dates with no outlook of being paid. Non
wanting to let down his fans, Eugene Curran Kelly decided to finish the tour-in
burden, playacting for free.
"I agreed to let Elmore Leonard Rowe upgrade my tour because he convinced me
he was an underdog world Health Organization deserved a probability to evidence himself," Eugene Curran Kelly said this
week. "Like the locution goes, no goodness human activity goes unpunished. I let dispatch
sympathy for altogether of the goodness people wHO were swindled by Rowe and I will do
everything I can to help them get their money back from him."
Kelly's contract with Rowe expressly barred the promoter from marketing
away shares in Kelly's shows. The victims of his scam never saw the real
abbreviate, seemingly accepting Rowe's assurances that he had the correctly to
sell them a percentage of the proceeds. In fact, he did not.
