logoallthings.png

Court Documents Reveal Details About Lisa Vanderpump And Ken Todd’s Finances

Lisa

Secrets of Lisa Vanderpump’s businesses and finances are being revealed in new court documents obtained by RadarOnline. As we previously reported, former Villa Blanca employee Karina Bustillos was honored $100,000 after filing a sexual harassment lawsuit against the RHOBH star.

While dealing with the lawsuit, Vanderpump and Todd asked the judge to “exclude evidence, argument, and/or reference to [their] personal wealth/financial condition” from court, so as not to influence the jury in their decision.

According to court documents, Todd and Vanderpump filed “an unaudited Profit and Loss Statement [for 2013] claiming [Blanca Investments LLC] only made around $80,000 [per year] and that its net worth is a mere $200,000.”

That’s $50,000 less than the amount Ken Todd told the court he had invested from his own personal bank account when the company was founded in 2009. Although he is the principal investor, Ken seemed confused about the logistics of the company when he was questioned in court on June 6th.

“Well, the company was set up by Lisa,” he said. “I would have thought I would be the manager and the president, but I don’t know.”

In Lisa’s deposition, she also seemed confused about the operations of her business. When asked about the address for Blanca Investments, she said “Oh I haven’t been there, I don’t think… I don’t really get involved with .. All those kinds of legalities.”

Vanderpump was also unclear as to whether her company is named Villa Blanca LLC or Blanca Investments LLC, telling the court, “I’m not very good at all of this. Again, I just have to say I don’t know.”

When asked whether she held board meetings to get to the bottom of such issues, Lisa joked that she and Todd “meet in the bedroom, not the boardroom.”

Photo Credit: Bravo

AllThingsRH

AllThingsRH

My name is Nicki. I am 32 years-old and married to my best friend. I was previously in business for over 12 years, but I’ve always had a great passion for web and graphic design. Another one of my passions, of course, is to escape into the world of TV, which is where this journey began. My goal in starting AllThingsRH.com was to give fans, like myself, a place to catch up on all the latest news and gossip about The Real Housewives. I wanted to create a place where viewers could interact with each other, share their opinions, and get straight-forward and unbiased information about what’s going on. I am proud of the diversity this site has to offer.