Explosive Fallout: Katie Price's 'Cash Counting' Video Sparks Legal Threat & Public Statement

A recently leaked video showing reality television personality Katie Price counting a large wad of cash has ignited further scrutiny into her complex financial affairs. Price, who has been declared bankrupt twice with total debts exceeding £3 million, is seen in the footage lounging on a sofa, claiming she is “enjoying counting” the money and “just sorting it out.” The video has drawn significant public attention and raised questions, particularly given her ongoing bankruptcy proceedings.
The controversial clip, reportedly filmed in late 2020, captures a moment when Price’s daughter, Princess, asks if she would contribute towards her and her brother Junior’s school fees, to which Price famously retorts, “Your dad can sit on that,” while raising her middle finger. Dressed in white jodhpurs and seated by a Christmas tree, Price also states, “it’s tough because I’m in bankruptcy to next May now.” During the video, she references owning a “London flat,” a property that her bankruptcy trustees reportedly have not yet traced.
The video was released by Price’s ex-husband, former cage fighter Alex Reid, who declared that “the truth will now be heard.” Reid, who is owed £175,000 in High Court damages and costs after Price allegedly revealed a sex tape filmed without his consent, explicitly stated he is “spear-heading a campaign to expose the truth,” focusing on “evidence” and “reality” rather than gossip. Price herself is heard in the video claiming she has “extended” her bankruptcy because “Alex Reid wants money from me and he won’t be able to get it... he’s an a***hole.”
Another of Price’s ex-husbands, Peter Andre, was reportedly left “stunned” by the remarks made in the video, especially Price’s comment calling his children with current wife Emily “irrelevant.” A source close to Andre indicated he is seeking legal advice, expressing shock at Price’s actions in front of their child. This incident marks the latest escalation in a series of public disputes between Price and her former partners.
Katie Price’s financial woes are well-documented. She was first declared bankrupt in 2019 over debts totaling £3.5 million, including £970,639 owed to HMRC. A second bankruptcy declaration followed in March of the previous year, with an additional £761,994 owed to HMRC for money earned while already bankrupt. Despite Price announcing earlier this year on “The Katie Price Show” podcast that she was “not bankrupt anymore” and had been discharged, calling the six years “hell” and her discharge a “great achievement,” her bankruptcy trustee, Farheen Qureshi, clarified the situation.
Ms. Qureshi, who was made Price’s bankruptcy trustee in April 2023, confirmed that “notwithstanding that Ms Price has been discharged from both her first and second Bankruptcies, both Bankruptcies are still live and continuing.” She added that in her capacity as trustee, she is “seeking realisations from various third parties for the respective Bankruptcy estates” and would not wish to prejudice further investigations. Price’s representatives have issued a statement asserting that the cash seen in the video “did not belong to Katie” and that the referenced London property was addressed in the financial settlement proceedings from her divorce with Peter Andre, with the trustee being fully aware and having investigated the matter.
This ongoing financial saga, exacerbated by the leaked footage, continues to draw criticism, with sources noting that many creditors are unlikely to recover their owed money. The video and Price’s comments within it have intensified public and legal scrutiny, keeping her financial affairs at the forefront of media attention.
Recommended Articles
Giuliani in Crisis: Former NYC Mayor Hospitalized in 'Critical but Stable' Condition, Trump Shares Sorrow

Rudy Giuliani, the former New York City mayor, has been hospitalized in critical but stable condition, according to his ...
Major Shake-Up: Main Street Sports Network Shutting Down, Affecting NBA and NHL!

Main Street Sports Group, operating as FanDuel Sports Network, is set to cease operations at the end of the NBA and NHL ...
NBA Launches Major Probe into LA Clippers Conduct

The NBA's 'enormously complex' investigation into the LA Clippers and Kawhi Leonard's $28 million endorsement deal with ...
Major Movie Theater Chain iPic Declares Bankruptcy!

iPic Theaters has filed for Chapter 11 bankruptcy protection for the second time, seeking a court-supervised sale amidst...
Shock Waves Hit 'Bachelorette' Franchise as ABC Pulls Controversial Season

ABC has canceled the upcoming season of “The Bachelorette” after a video of lead Taylor Frankie Paul’s 2023 domestic dis...
Disney Faces $20M Hit to Axe 'The Bachelorette', Content Strategy Under Scrutiny

Disney's plans to revive its Bachelorette franchise hit a major obstacle when a 2023 video of new lead Taylor Frankie Pa...
You may also like...
Amazon's Mysterious 'Bee' Wearable: Intrigue and Creepiness Unveiled

Bee, Amazon's AI wrist gadget, offers promising capabilities as a personal assistant for recording and summarizing conve...
Tinubu's Unstoppable Rise: APC Presidential Primary Dominates Headlines

President Bola Tinubu secured an overwhelming victory in the All Progressives Congress (APC) presidential primaries acro...
High Stakes: Iran-US Peace Deal Hangs in Balance Awaiting Crucial Approval

A proposed peace deal between the US and Iran is reportedly largely negotiated, offering sanctions relief and asset unfr...
Europe Outraged: Russia Unleashes Hypersonic 'Oreshnik' Missile in 'Deranged' Kyiv Attack

Russia launched a massive missile and drone attack on Kyiv, deploying its powerful hypersonic Oreshnik ballistic missile...
Springbok Sensation Kolbe Set for Blockbuster Return: Stormers Seal Shocking Heist

Cheslin Kolbe is returning to the Stormers in Cape Town by July 1, a move made possible through a complex multi-party de...
Horror in Kruger: Murdered Tourists Found, Park Officials React to Brutal Double Killing

A police manhunt is underway after two tourists were found murdered with stab wounds in Kruger National Park's remote Cr...
Tinubu's 2027 Vision Unveiled: APC Endorses Presidential Candidate After Decisive Primary Victory

President Bola Tinubu secured an overwhelming victory in the APC presidential primary elections for the 2027 general ele...
Rivers State Erupts: ADC Governorship Primary Embroiled in Chaos and Imposition Claims Against Amaechi

The ADC gubernatorial primary in Rivers State has sparked significant controversy, with Dr. Gabriel Pidomson declared th...