A new report claims Britney Spears’ father received a loan of at least $40,000 days before putting his pop star daughter under a conservatorship in 2008.
The report, published in The New York Times, claims that the Spears family patriarch got the loan from the embattled business manager Lou Taylor’s firm, “Tri Star Sports & Entertainment Group,” around the time his pop star daughter was in crisis. She was hospitalized on an involuntary psychiatric hold.
Days after securing the money and while Britney was still hospitalized, the outlet alleges Jamie petitioned a California court to take control of the singer’s estate and her personal affairs, arguing that she was vulnerable and struggling with mental health issues.
A judge promptly approved Jamie’s request, and in turn, he employed Tri-Star as the manager of Britney’s estate the following year.
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