Insiders Claim Bill Cosby in ‘Financial Turmoil’ as He Fights Civil Lawsuits

*Bill Cosby is said to be in “financial turmoil” and is “liquidating” assets to pay for legal fees related to civil lawsuits. 

According to RadarOnline, a source revealed that Cosby, whose net worth was once estimated at $400 million, is “taking out second mortgages,” and he and his wife Camille are “selling off their artwork.”

The couple is in a “bad situation financially” from a slew of Cosby’s lawsuits brought on by women in several states, which has caused “major issues” for the couple, per Radar.

“It’s never going to end,” the insider said of Cosby’s legal drama. 

“They are in financial turmoil right now,” the source added.

According to The Blast, Cosby has also been hit with two tax liens — one for $88,566.88 and the other for $559,573.77. 

Last year, a California civil jury awarded $500k in damages to Judy Huth after finding Cosby assaulted her at the Playboy Mansion in 1975 when she was 16 years old.

We reported previously that Cosby is facing another sexual assault lawsuit from nine women that was filed in Nevada. A recent law in the state removed the statute of limitations for civil cases. As NBC News reports, the lawsuit accuses the 85-year-old of using his “enormous power, fame and prestige” to sexually assault each of the accusers.

Former supermodel Janice Dickinson is among those named in the lawsuit. The other women are Lise-Lotte Lublin, Janice Baker Kinney, Lili Bernard, Heidi Thomas, Linda Kirkpatrick, Rebecca Cooper, Pam Joy Abeyta and Angela Leslie, per NBC News.

Andrew Wyatt, his spokesperson, said Cosby’s accusers are motivated by their “addiction to massive amounts of media attention and greed.” 

More than 60 women have publicly accused Cosby of sexual abuse; many of the allegations are decades old.

Cosby served three years in a Pennsylvania prison for the 2004 sexual assault of Andrea Constand and was released in 2021 over a technicality.

READ MORE: Bill Cosby Faces New Sexual Abuse Lawsuit from 9 Women

We Publish News 24/7. Don’t Miss A Story. Click HERE to SUBSCRIBE to Our Newsletter Now!