Loved ones of Katie Price were reportedly taken aback by her response to a video showing her flaunting a stack of money while facing bankruptcy. The clip, released by her ex-husband Alex Reid, has stirred some surprise among those close to her.
Alex, now 50, who parted ways with Katie, now 47, in 2011 after a year of marriage, stated that “the truth will now be heard.” This move to unveil the video caught Katie off guard, given her history of bankruptcy.
Sources claim that Katie was caught off guard by the recent video release but is refraining from directly confronting Alex. Instead, she is said to be strategically planning her next steps and seeking legal counsel.
According to insiders, Katie’s close circle was astonished by her composed demeanor amidst the situation. They revealed that in the past, similar actions by her ex-partners had deeply affected her mental state, but this time, she appears to be handling it differently.
Despite being blindsided by the video release, Katie is choosing not to engage in a public feud with Alex. She is opting to remain patient and is exploring legal avenues to address the situation.
Acknowledging Alex’s threats to disclose more information in the future, Katie is reportedly staying calm and prepared. She is determined to respond at the right time and is currently focused on legal advice and patience.
The video, showing Katie casually handling money and responding to questions about her financial situation, has raised eyebrows. In the footage, she addresses financial concerns raised by her daughter Princess Andre, hinting at her bankruptcy status and past financial troubles.
The one-minute and 38-second video, believed to be filmed in late 2020, has been submitted to Katie’s bankruptcy trustee for review. Alex, who shared the footage, emphasized his intention to reveal the truth behind the scenes involving Katie and others.
In her response to the video release, Katie clarified that the cash displayed was not hers and that the mentioned property was addressed in her divorce settlement with Peter Andre. Her representative affirmed full cooperation with the bankruptcy trustee’s inquiries.
Having faced bankruptcy twice over substantial debts, Katie’s financial struggles have been widely publicized. The ongoing legal issues have involved various parties, including Alex Reid, who has also been entangled in legal disputes with Katie.
In a statement, Alex’s spokesperson addressed the unfolding events, emphasizing the need for accountability and setting the record straight regarding the narratives surrounding Alex’s character and the ongoing controversies.
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