Dr. Dre, his soon-to-be ex-wife, Nicole Young and a man named Larry Chatman founded a recording studio back in 2015 and now, it looks like Nicole could be facing some legal issues regarding money that supposedly belongs to the studio.
According to a report from TMZ this morning (Sept. 21), attorneys for Record One recording studio have accused Nicole of emptying out the business’ bank account and even hit her with claims of embezzlement. In a letter reportedly written to the legendary beatmaker’s estranged wife, attorney Ed McPherson who represents the studio, alleged that Nicole “decimated” the company’s business bank account last month of $363,571.85. The outlet has also obtained an image of a check written to Nicole, dated for Aug. 27 in the amount of $353,571.85.
The letter additionally accuses Nicole of “blatant and unjustifiable criminal embezzlement of corporate funds” and breaching her fiduciary duties, which is her role of acting in the best interest of the company.
Dr. Dre and his partner, Chatman, are demanding that Nicole return the money that she allegedly took from their company’s business account no later than a week from tomorrow (Sept. 22), which would be Sept. 29. If she fails to do so, the attorneys for the recording studio say they’ll be filing a lawsuit against her.