Reality television star Karen Read is embroiled in a lawsuit filed by her boyfriend and his relatives, accusing her of financial mismanagement and embezzlement within their relationship.
Court papers reviewed by our team show that Read’s boyfriend, who remains unnamed, has accused her of misappropriating his credit cards, securing loans under his name, and diverting his business funds for personal use.
The legal action, which was initiated in a Los Angeles court, charges Read with breach of fiduciary duty, conversion, and intentional infliction of emotional distress. The lawsuit also involves the boyfriend’s family as co-plaintiffs, who assert that they too have been negatively impacted by Read’s alleged financial misconduct and are pursuing compensation for their financial damages.
The filings detail that the couple’s romantic involvement started in 2020, a period during which Read had access to his financial details and reportedly began executing unapproved financial dealings. According to allegations, she used her partner’s credit for personal benefits, funding opulent holidays and extensive shopping trips with the misappropriated funds.
The family of Read’s boyfriend alleges attempts have been made to rectify the financial discrepancies, but Read has allegedly remained uncooperative, continuing to mishandle their financial resources. They are seeking an unknown amount in damages and a detailed account of the funds Read is purported to have misappropriated.
Karen Read is known for her appearances on various reality TV shows but has remained silent regarding the allegations. Her agents also have refrained from making statements due to the ongoing legal conflict.
The forthcoming trial will see both parties presenting their evidence and arguments in court, as they attempt to resolve this contentious matter.
