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Courtney Love, Ryan Adams, and trust fund scandal

Posted about 1 year ago

You gotta love the Love. Courtney Love that is. I just got the memo that yeah, she's pretty much still insane. Her latest stunt? On Saturday, an angry Love blogged on her Myspace, accusing Adams of emptying Frances Bean Cobain's trust fund through fraudulent credit card charges that amounted to $850,000. How does one steal $850,000 from right under someone else's nose? Apparently, the card in question was one of 29 American Express cards out of the 74+ credit cards in her bony possesion. Love accuses Ryan of using her card to pay for extravagant dinners, and instruments and studio time for the making of his album Rock and Roll.

She writes:"...does that makje youf eel like a big man ? stealing from a suicide? A MARTYRED HERO? ... as God Is My Witness Ryan you will pay back every fucking penny of this. 858,000 dollars for Rock n Roll ? wow you were living large- most people reading this dont even know what record or even artist im referring to , as your just this cult americana wanna be dylan thing-still shooting smack? hows that going for you?"

Spell check anyone? Though Adams could not be reached, lawyers have been called, and Love says she is willing to work out a payment plan while she scrounges to put bread and butter on the table for poor Frances Bean. For more on the story and the blog, read here.

Comments (9)

  1. contrabandwidth says

    I feel so sorry for her daughter - not because of this, but because her mom is psycho.  Didn't love just realis like a year ago, like 12 million was missing because someone stole her check book?  What a loon.

    Permalink posted 07/22/2008
  2. Petey Lapides says

    That's not the Ryan I know.

    Permalink posted 07/22/2008
  3. Charley Rogulewski says

    she shouldn't have so many credit cards. the bank must call her all the time!

    Permalink posted 07/22/2008
  4. brittanybf says

    frances bean seems pretty level headed given, well, her entire life. i believe in her. how good are courtney's blogs? she's nuts and i love it.

    Permalink posted 07/22/2008
  5. Joxley says

    Hmmm, that's gonna be either one hell of  fraud case, or one hell of a libel battle...

    Permalink posted 07/22/2008
  6. Jonh Ingham says

    79 credit cards?? The woman can save the American economy single handed! Stop complaining about Ryan, girl! Praise him instead and get out there and spend!spend!spend!

    Permalink posted 07/22/2008
  7. Rawkkiddoh says

    anyone else feel like she is on the verge of a complete break down, this is pretty sad

    Permalink posted 07/22/2008
  8. DaveCromwell says

    She's already turned her kid into a "money grubber" as well.  In a recent interview with Frances Bean - all she could talk about was "designer this" and "expensive clothing" that - a spoiled little rich kid already.

    Better get that money back, Courtney - yer gonna need it!

    Permalink posted 07/23/2008
  9. pinkertonwasbetter says

    Haha. I think I read that article. She was in a fashion shoot recently wearing dressed that cost more than a house

    ~Roxy

    Permalink posted 07/23/2008

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