According to RadarOnline.com’s exclusive Bill Cosby is desperate to salvage what’s left of his $500 million fortune. Cosby is converting cash into “virtual currency” so he can keep it away from his creditors, the government and wife Camille.
“He moved close to $5 million in Bitcoin after an expert told him it’s practically untraceable and impossible for anyone but him to retrieve,” an insider revealed to Radar. “The expert said it couldn’t be taken in a divorce, bankruptcy or by the government in any liens.”
Cosby is a convicted sex offender who owes $25 million in unpaid legal bills for his failed criminal defense and has taken out mortgages on his New York and California homes to improve his cash flow.
According to RadarOnline.com a source inside Cosby’s camp revealed the fallen comic has “no intention” of paying his legal fees.
Cosby is confined to his Cheltenham estate where he’s wearing an ankle bracelet.Sources within his inner circle confirmed Cosby locks himself in a makeshift prison cell in his mansion’s third floor attic. Cosby eats prison-style meals prepared by his chef and demands his staff scold him if he goes off schedule.
“He moved a bed, a television, a table and a telephone into an old storage space,” an insider revealed. “He comes out of the ‘cell’ six times a day!” The 81-year-old Cosby will be sentenced on September 24 and faces up to 30 years behind bars.
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