For years, I kept saying that something in the milk ain’t clean about the financials of Jamie Spears’ management of his daughter’s fortune. For years, I said that I believed Jamie Spears had been skimming from Britney’s fortune. People always yelled at me that it was impossible, that the court was monitoring everything, that Jamie would never. Thirteen years later, and Britney’s new lawyer is basically confirming all of my theories about Jamie. Mathew Rosengart has already called for a comprehensive audit of Britney’s finances because he believes Jamie Spears has been taking her money for more than a decade. This is a huge reason why Jamie doesn’t want to step down as conservator too: not only will he not have access to Britney’s money anymore, an independent audit will reveal the extent of Jamie’s financial crimes. Speaking of, Rosengart claims Jamie is attempting to extort Britney for her nominal “freedom.”
Britney Spears’ lawyer is keeping up his blistering attacks on her father, accusing Jamie Spears of trying to “extort” $2 million in payments in exchange for stepping down from her conservatorship.
The attorney, Mathew Rosengart, has been seeking since July to have Jamie Spears removed from his position of control over her finances. Earlier this month, Jamie Spears agreed that it would be best for him step down from the conservatorship, saying he did not want a public fight with his daughter. However, he did not provide a timetable for his resignation, and appeared to open the door to a negotiated resolution.
In a filing on Monday, Rosengart argued that Jamie Spears is seeking to use his leverage to compel his daughter’s estate to pay $1.3 million in attorneys’ fees, $500,000 to Spears’ former management company, as well as additional payments to Jamie Spears himself. Rosengart’s filing makes it clear that he has no interest in negotiating Jamie Spears’ departure, and is looking instead to Judge Brenda Penny to order his removal at the next court hearing, on Sept. 29.
“The status quo is no longer tolerable, and Britney Spears will not be extorted,” Rosengart wrote. “Mr. Spears’s blatant attempt to barter suspension and removal in exchange for approximately $2 million in payments, on top of the millions already reaped from Ms. Spears’s estate by Mr. Spears and his associates, is a non-starter.”
Rosengart had earlier accused Jamie Spears of enriching himself at the expense of his daughter’s estate, and of “dissipating” her fortune. Jamie Spears has denied wrongdoing and defended his handling of her financial affairs.
“Having finally acknowledged that his time as Conservator should end, Mr. Spears is obligated to step down without condition and without seeking to extract anything further from his daughter,” Rosengart argued.
He has asked the court to appoint an accountant to replace Spears’ father as the conservator of her estate.
Again, while I have no doubt that Jamie Spears gets off on physically and emotionally controlling Britney, the biggest “prize” of the conservatorship was always Jamie’s plundering of Britney’s fortune. I’m thinking back to Kevin Federline filing for an increase in child support payments in 2018 and basing the request on Britney’s increased income from her Vegas residency. Jamie was so mad and he tried to smear K-Fed ten different ways. K-Fed and his lawyer calmly asked the court for an audit of Britney’s recent finances and suddenly Jamie shut the hell up and negotiated everything quietly. Kevin ended up getting more than he asked for. That’s how badly Jamie wanted to avoid any kind of audit. All that to say, it doesn’t surprise me that Jamie is trying to extort Britney and get paid on his way out the door.
Photos courtesy of Britney’s IG and Avalon Red.
Jamie is such a scumbag. I can’t wait to see the results from an independent audit. There is no doubt he and others stole millions from Brit.
Extorting money from your daughter.
The only comparison that comes to my mind is Joe Jackson.
That’s how bad it is.
Honestly, if I had that kind of money my mother would do exactly the same. Some parents are just vile.
If that was my child, I would keep my day job, hire all the best people, and protect my kid’s assets at all costs. I would also be helping her to get out of the conservatorship and tie the majority of her assets up in trusts and investments and let her make her own choices and decisions living off the interest (to keep the bulk of her earnings safe and intact)
I had a co-worker whose brother and cousins took advantage of her elderly senile mother, draining her bank account. I thought, how terrible that family members do things like that to each other.
Then my mom died, and holy crap, my sister revealed a very ugly side of her personality. My mom’s total assets weren’t even mid-five figures, but my sister wanted every bit of it. Wanted our brother and me to ship mom’s furniture to her at our own expense (um, no). Brought up everything she and her husband had done for my parents over the years (even though our brother was supporting them in their final years and spent at least 10x what my sis/BIL ever did). Demanded that we give her my mom’s car so that she could turn around and give it to her slacker son (I reminded her that our brother paid for the car, it was his, and if he wanted to drive it off a cliff, that was his prerogative). Because she was struggling financially (due to her poor spending habits and laziness career-wise), our brother the executor finally gave her the little that was left in our mom’s bank account, along with an email telling her never to bother either of us about money ever again. I still don’t understand how family can treat each other like this, but I’m not so glib when I hear about it happening.
He’s playing games as usual. Right out of the abusers handbook. Her father will never willingly give up control. Thank goodness she finally has her own lawyer. Conservatorship regulations need a serious overhaul.
Huh? For years everybody has known Jamie Spears was a top notch a-hole who has been using his daughter to gain financially. I can’t wait to see the audit process.
my perspective: that corrupt judge needs to order an official audit!!!
Fingers crossed that judge does the right thing and throw him out – Brit’s lawyer has such a strong case that she really has no choice. Daddy is arrogant enough to think he will get what he wants, cuz he has been for that past 13 years. I don’t think he quite realises that the court is no longer in his pocket.
I’ve always wondered if K.F. asked to have the books open on Britney’s behalf, as he must have known some of what was going on and guessed the rest. But I bet you the one thing he knew FOR DAMN SURE was the dad was taking her money. I’d love to know what their relationship is like? She never even implies anything negative about him.
Kevin has custody of the kids, so he decides if Britney gets to see them or not. She stays far away from criticizing him for that reason.
Once her kids can no longer be used against her, it’ll be interesting to see what comes out.
Absolutely. And great point, it will be interesting to see what she really feels when she feels free to talk, and thankfully her kids are older now ans can speak for themselves. But I still think KFed knew that Britney’s dad was doing more then skimming to her money.
Jamie Spears is absolutely disgusting (the whole family, really). I really hope they’ll do the audit so that he -and everyone else who profited off her- can be punished and pay everything back, even if he’d be left in only his underwear.