The Mirror quoted a friend as saying: “It"s no secret Kerry has been really hard up recently. She"s had to find the cash to pay off an 82,000-pound tax bill as well as being declared bankrupt. “All her assets have been frozen. So that regular payment from Brian, which is protected from the bankruptcy order, was a temptation she just couldn"t resist.
“She knew the money was untouchable. It goes towards the kids" school fees and clothing and feeding them. “Obviously, she hasn"t been spending every penny of it on drugs but she"s made no secret of the fact she"s been skimming off the top for herself."
McFadden is unaware of Katona"s antics and pals say he will be furious when he finds out how the kids" money is being spent. The friend said: “Brian will be absolutely furious when he finds out. “He might have been in a very famous band once but he"s not exactly rolling in it himself and will be disgusted to hear that he is funding Kerry"s habit. “He will think she is cheating the kids out of money that is rightfully theirs."
The revelation comes after frozen food chain Iceland sacked Katona as its face from advertisements. The 28-year-old lost out on 250,000 pounds a year because of the deal falling apart. Katona was axed after she was caught on camera snorting cocaine at her Cheshire home.
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