Rita Ora loses a fortune in €2.7m financial investment SCAM


Former X Factor judge and current America's Next Top Model host Rita Ora has lost a small fortune in an alleged fraud.

The pop star is a financial investor in a company that has potentially been the victim of financial crime.


A photo posted by @fleekinspo_ on

The shareholders, made up of companies and individuals, are reported to have collectively lost around €2.74m.

 Rita Ora is said to have lost tens of thousands of pounds in the scam. 

Claims have been made that the scam was orchestrated by an accountant who "lived like a Saudi prince."

“One of the companies in which she has an interest is a potential victim of fraud." the star's lawyer Graham Shear told The Sun.

“Any loss suffered by the company in which Ms Ora has an interest will be recoverable from insurance policies which protect against this sort of professional misappropriation, fraud and other claims.”

Well thank goodness for that, as the swindle comes just one year after over €200,000 worth of items were stolen from the singer's home.