Katie’s ex Alex Reid has vowed that “the truth will now be heard”.
Katie Price has found herself at the centre of more scandal today(Image: Kate Green/Getty Images)
A video has been leaked of bankrupt Katie Price counting a wad of cash, leading to further questions on her financial situation. Bankrupted twice over debts totalling more than £3m, the video shows Price lounging on a sofa, saying that she is “enjoying counting” the pile of cash in front of her, adding: “there’s loads here … I’m just sorting it out”.
Then asked by her daughter Princess if she would contribute towards her school fees and those of her second child with ex-husband Peter Andre, the TV personality says “Your dad can sit on that” and lifting her middle finger.
Wearing white jodhpurs and sat next to a Christmas tree, she goes on: “Does he go on about it a lot? Well it’s tough because I’m in bankruptcy to next May now.”
Price also refers to a property – “my London flat” – which she claims to own but which does not appear to have been traced by her bankruptcy trustees, reports the Mirror.
Alex Reid has hit out at Katie Price with a video of her counting cash(Image: Jon Furniss/WireImage via Getty Images)
The video was released today, August 18, by Price’s ex, former cage fighter Alex Reid, who said in a statement that “the truth will now be heard”.
It is believed that the one minute and 38 second video, believed to have been filmed in late 2020, has been sent to Price’s bankruptcy trustee who continues to “seek realisations from various third parties”.
Price has been celebrating the end of six years of “hell” after being discharged from two bankruptcies and claiming it is a ”great achievement”.
But a source said: “A number of people have said that Katie deals in cash but this appears to be the first solid proof. There are lots of people owed a lot of money who now realise they are unlikely to ever get it. Katie gloating about it has stuck in the throat but this is not over.”
Price was bankrupted twice – first in 2019 over debts totalling £3.5m, including £970,639 to HMRC and then again last March over a second £761,994 unpaid HMRC demand for money earned while she was already bankrupt.
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Creditors include Alex Reid who is owed £175,000 in High Court damages and costs he was awarded after Price revealed a sex tape he says was filmed without his consent.
In the video, Price is heard claiming that she has “extended” the bankruptcy “because Alex Reid wants money from me and he won’t be able to get it… he’s an a***hole”.
Peter Andre also hit out at Katie Price last week(Image: Dave Hogan/Getty Images)
In a video statement released today, Reid said: “Over the years you have seen countless stories by Katie Price directed at me, Peter, Kieran and others. Today I want to be clear.
“I am spear-heading a campaign to expose the truth. This isn’t about gossip but about evidence. It’s not about rumour, it’s about reality. After years of silence, the time has finally come to reveal all.”
He is seen watching the leaked video of Price and reacting, with comments like “this is unbelievable”, “she just admitted she lied” and “has my legal team seen this?”
Price said earlier this year on The Katie Price Show podcast: “I’m not bankrupt anymore! I’m out of it, I’m out of both of them. The last six years have been hell – mentally and personally – everything has been hell. I’ve worked so hard to communicate and get rid of what caused all the trouble and I’m out of it. It’s such a nice feeling not to be bankrupt anymore. I’m in control of everything now.”
Farheen Qureshi, who was made Price’s bankruptcy trustee in April 2023, told the Mirror: “You should be aware that, notwithstanding that Ms Price has been discharged from both her first and second Bankruptcies, both Bankruptcies are still live and continuing and, in my capacity as her Trustee, I am seeking realisations from various third parties for the respective Bankruptcy estates. I would not wish to prejudice in any way either the outcome of that hearing or the further investigations being undertaken.”
Alex Reid’s post today marks the latest escalation between Price and her exes, after an equally damning statement against her was made by Peter Andre last week.
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