Kylie Jenner 'could face jail over billionaire business lies'

A legal expert has suggested that the Keeping Up With The Kardashians star could be in a whole lot of legal trouble amid allegations she lied about her wealth and tax returns.Kylie Jenner could face a criminal investigation and even jail time if allegations she was dishonest about her tax returns are true.

The reality star has seen a spectacular fall from grace after she was kicked out of Forbes Magazine Billionaire list– just two years after they declared her the youngest self made billionaire of all time.

The magazine alleges that the Keeping Up With The Kardashians star – who created a cosmetic company called Kylie Cosmetics in 2015 – may have filed false information to exaggerate the success of her cosmetics company after examining evidence from Kardashian family accountants.

Forbes claims that accountant reports suggest Kylie Cosmetics jumped in value from zero to $300 (£244 million) in the space of a year, leading the magazine to grow suspicious.

While in November last year, beauty giant Coty bought a 51 per cent stark in Kylie’s business for an astonishing $600 million (£487 million) – which would have valued Kylie Cosmetics at $1.2 billion (£970 million).

source:mirror.co.uk