Teyana Taylor Accuses Ex Iman Shumpert Of Diminishing Marital Estate By Over $3.7 Million

Teyana Taylor and her estranged husband, Iman Shumpert's divorce drama reaches new heights with severe accusations against the former NBA star.

According to new legal documents obtained by The Blast, the sensational choreographer accused her ex-lover of diminishing their marital estate by over $3.7 million. Shumpert allegedly took out loans behind her back, and now, Taylor wants payback.

On March 28, the dancer filed an urgent motion for contempt against Shumpert for violation of the court's automatic domestic standing order.

Usually, when a person files for divorce in Georgia, they are issued automatic domestic standing orders designed to protect both parties’ interests and prevent specific actions, such as a spouse disposing of marital assets while the divorce is ongoing.

However, Taylor claims her former beau broke this order by taking loans from their marital accounts — a crime her counsel allegedly discovered when Shumpert submitted current statements for certain investment accounts on or about March 7, 2024.

The choreographer's team noticed a sharp decrease in some of the values compared to the figures on the statements that Shumpert shared in October 2023. Since they couldn't tell if market forces caused the decrease, the counsel hired Mike Bean, a certified divorce financial analyst, to solve the mystery.

During his investigations, Mr. Bean reportedly discovered a loan of $44,000 was taken on December 7, 2023, from a marital Merrill Lynch account. Shumpert took a second loan of $886,285 from another marital Merrill Lynch account in 2023.

The withdrawals from the couple's estate didn't end there. The divorce financial analyst found the former NBA star guilty of making withdrawals of $878,760 from a marital Park Avenue throughout 2023.

Additionally, Mr. Bean claimed loans of $1,883,899 against a second-marital Park Avenue account, and another loan of $105,000 from the Mass Mutual Life insurance policy was taken in 2023.

Based on Taylor's information, these withdrawals allegedly diminished the duo's marital estate by $3,797,944 in 2023—all violating the court's automatic domestic standing order.

The accusations against Shumpert continued in the filing, with Taylor calling him out for failing to pay the taxes on their marital property in Miami, Florida. She noted the taxes were due on January 31, 2024. However, her ex didn't do his part despite being in charge.

The model explained that Shumpert always paid the real estate taxes on all of their properties until he suddenly made the “unilateral decision to stop paying” despite the automatic domestic standing order.

Given his alleged crimes, Taylor hopes the court will find her estranged husband guilty of contempt for violating the automatic domestic standing order. She also wishes to resolve the issue by making Shumpert adhere to her demands.

One of her requests was for the court to order Shumpert to start paying monthly child support for the maintenance of their minor children as of October 3, 2023, in the amount deemed necessary by the law.

Another demand was for the court to fine Shumpert $1,000 for each contempt of the court's automatic domestic standing order. Taylor also asked that he cover her attorney fees and all litigation costs incurred by filing the motion.

Finally, she implored the court to award her further relief as it deems just and equitable to her case. She also reserved her right to amend her motion if Shumpert continues violating the automatic domestic standing order.

Last November, sources claimed Taylor was mad at Shumpert for publicizing their divorce. The drama began when the former basketball player revealed their names in a court filing while his ex protected their identities by using their initials in her documents.

Insiders noted she was "incredibly disappointed and frustrated" with Shumpert for revealing their identities in his divorce filing. The issues didn't end there, as they claimed the former couple lived apart.

Taylor previously addressed the leaked court documents in a lengthy social media rant, clarifying that she never shared details about her divorce. “I mind my business, don't bother nobody & y'all know I've never played about my children, family & our privacy,” she explained, “I have not spoken on this private matter to any media outlets or blogs, etc.”