Basketball Wives Star Evelyn Lozada Not Out Of The Woods In Former Fiancé's Completed Bankruptcy

Evelyn Lozada

According to TMZ, former NBA basketball player, Antoine Walker, who played for the Miami Heat, is off the hook in his $120,000,000 bankruptcy case in Florida. However, his former fiancée, beautiful "Basketball Wives" reality star and trouble starter, Evelyn Lozada, is still on the hook for $500,000 big ones.

Antoine Walker and Evelyn Lozada

It appears, the bankruptcy court trustee is still insisting Walker gave high maintenance Lozada $500,000, which could have been used to pay his priority creditors, rather than being used by his then fiancée to open a shoe store in Coconut Grove, Florida, called Dulce. Lozada maintains she sold her engagement ring for $50,000 and used the funds to open her shoe store. However, the trustee still isn't buying it. Stay tuned...

Evelyn Lozada and current fiancée Chad Johnson

Side Bar: Evelyn, why don't you do what you usually do, tell the trustee she is "a non-mother-f***ing factor" and wait for her to punch you in the face (secretly laughing). I'm kidding.

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Ruth Madoff Sued

Bernard and Ruth Madoff

Ruth Madoff, the wife of incarcerated ponzi schemer, Bernard Madoff, has been sued by a trustee, seeking $45 million dollars in damages, for defrauded investors.

Ruth Madoff, was allowed to keep $2.5 million as apart of a plea deal her husband struck with the federal government, in exchange for a confession.

However, that money is set to be wiped out via legal fees and judgments, from lawsuit after lawsuit, filed by fleeced investors. I think it is just desserts, as the Madoffs unlawfully lived lavishly off the proceeds of financial crimes. Investors should also sue Madoff's sons and their wives and ex-wives, who pocketed millions in fraud money.

Ruth Madoff sued for $45 million

Last Updated: July 29, 2009: 3:13 PM ET - Court-appointed trustee claims Ruth Madoff has $44.8 million and wants her to turn it over for victims. Her lawyer says suit is 'perplexing.'

NEW YORK (CNNMoney.com) -- Ruth Madoff, wife of imprisoned Ponzi schemer Bernard Madoff, was sued Wednesday by a court-appointed trustee seeking $45 million in funds to compensate victims.

Last month, federal authorities seized the Madoffs' assets but left Ruth Madoff with $2.5 million -- an amount they could not tie to her husband's massive and long-running Ponzi scheme.

But Irving Pickard, the trustee appointed by U.S. Bankruptcy Court in New York, said that Ruth received $44.8 million in "fraudulent" transfers during the six years leading up to the bankruptcy of her husband's investment firm.

"While Madoff's crimes have left many investors impoverished and some charities decimated, Mrs. Madoff remains a person of substantial means," Pickard wrote in the suit. "The inequity between Mrs. Madoff's continuing financial advantages and the economic distress of Madoff's customers compels the trustee to bring this action."

Ruth Madoff's lawyer described the trustee's lawsuit as "perplexing" and unwarranted...

http://money.cnn.com