Dr. Dre's Business Partner Claims Estranged Wife Stole Even More Cash From Company

Dr. Dre's business partner accuses Nicole Young of pulling out an additional $30K on top of the $353K check she wrote to herself.

BYAron A.
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Dr. Dre and his wifey's marital problems have been on display for the world to see. It hasn't been a clean separation at all and things got even messier in the past few days. Nicole Young accused Dre of hiding assets while she allegedly ran off after draining the primary business account of Record One studio, a company he launched with Larry Chatman. She had reportedly taken out $353K out of the account but apparently, that wasn't all.

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According to TMZ, Chatman claims that Nicole pulled out an additional $30K on top of the money she had already taken out. Chatman added that she took out $31,457 right after they removed her name from its association from the company. Remember, she was listed as a trustee and signatory on the business checking account. 

They previously accused her of "blatant and unjustifiable criminal embezzlement" for the $353K but now, Chatman and his attorneys are claiming that she committed grand theft. 

Nicole Young's attorney previously shut down the accusations as "low-grade PR stunt" to stir up a distraction from the divorce itself. "This is a clear attempt to smear Nicole's name.  As people are well aware, banks do not give out money to people who are not authorized to receive it," Bryan Freedman, Nicole Young's attorney, told the publication.

[Via]


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Aron A. is a features editor for HotNewHipHop. Beginning his tenure at HotNewHipHop in July 2017, he has comprehensively documented the biggest stories in the culture over the past few years. Throughout his time, Aron’s helped introduce a number of buzzing up-and-coming artists to our audience, identifying regional trends and highlighting hip-hop from across the globe. As a Canadian-based music journalist, he has also made a concerted effort to put spotlights on artists hailing from North of the border as part of Rise & Grind, the weekly interview series that he created and launched in 2021. Aron also broke a number of stories through his extensive interviews with beloved figures in the culture. These include industry vets (Quality Control co-founder Kevin "Coach K" Lee, Wayno Clark), definitive producers (DJ Paul, Hit-Boy, Zaytoven), cultural disruptors (Soulja Boy), lyrical heavyweights (Pusha T, Styles P, Danny Brown), cultural pioneers (Dapper Dan, Big Daddy Kane), and the next generation of stars (Lil Durk, Latto, Fivio Foreign, Denzel Curry). Aron also penned cover stories with the likes of Rick Ross, Central Cee, Moneybagg Yo, Vince Staples, and Bobby Shmurda.