Bizarre Detail Unfolded Behind Venus and Serena Williams’ Stepmother’s $500,000 Bankruptcy Claim

Richard Williams’ ex-wife has been embroiled in a lengthy legal battle to save Venus and Serena Williams’ childhood home. Lakeisha Graham, the ex-wife of Richard, is on the verge of losing their $1.45 million Florida Mansion, as she failed to pay off her debts. According to reports, the Williams sisters’ father accused his former wife of forging his signature in order to claim the property.

Additionally, Lakeisha is also said to have borrowed a significant amount of money from a lender, David Simon. Later, the creditor accused Richard’s former wife of defaulting on the amount owed to him. Notably, according to court docs, further details about Lakeisha’s expenses have been revealed amid her $500,000 bankruptcy case.

Details about Serena Williams’ stepmother’s expenses revealed

Venus and Serena Williams’ father, Richard Williams, initially bought the mansion from his first wife, Oracene Price, in 1995. Reportedly, Richard paid $355,000 to Oracene to buy the property. Later, during his relationship with Lakeisha, he allegedly gave the childhood home to her for a mere $10. However, Lakeisha was accused of forging Richard’s signature in order to claim the home.

READ MORE- Serena Williams Sends a Priceless Gift to a Little Girl

She further took out a mortgage amounting to $255,000 from David Simon. However, later on, Simon accused Lakeisha of misusing the mortgage amount for her own expenses. Since then, she has been involved in a lengthy court battle in order to save the crumbling house in Florida. Additionally, the court docs have recently revealed that Lakeisha used the mortgage amount on her failed trucking business.

The court docs further stated that Serena Williams’ former stepmother was also using that borrowed amount on “fast food and frivolities”. Meanwhile, Simon has been involved in a lengthy legal battle to get his money back from Lakeisha. Additionally, Simon wants to force the court to auction off the Williams sister’s childhood home in order to recover the amount.

The recent court hearing on Lakeisha’s case

The ‘hard lender,’ David Simon, has been constantly trying to convince the court to auction off the Williams family’s childhood house. However, despite his attempts to recover the debt amount, the court has given Lakeisha, possibly, one last chance to pay off her debts.

The recent court ruling announced that Richard Williams’ former wife will be given a chance to pay off her debts. Another hearing has been announced that will be held on December 1, which will take the final decision on the fate of the Florida mansion.

Watch this story: Will Smith Shows How King Richard Cast Trained Like Serena and Venus Williams