KAABOO co-founder Bryan Gordon is facing a new lawsuit over the California festival he launched in 2015, this time from his ex-wife, who accuses him of misappropriating $22 million from a fund the two set up after their divorce in 2011.Lawyers for Molly Kingston, who was married to Gordon for 12 years, accuse the 58-year-old chairman of the Denver-based Madison Companies of transferring millions out of a holding company the two created named Kingoschu Family Partners.
Gordon allegedly used the money to pay for the KAABOO festival, defend against a lawsuit filed by a former business partner and buy a $1.6 million house in Vail, Colorado.“Over the last four years, Gordon has engaged in a brazen, and at times surreptitious, unauthorized.
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