Katie Price's Ex Accused of Conning Man Out of $200,000 Life Savings

Katie Price's estranged husband, Lee Andrews, is facing accusations of conning a businessman out of his $200,000 life savings, leaving the man reportedly forced to live in his car. The businessman, Nicholas Fiaschetti, 40, claims he invested in a business promoted by Andrews in 2024, expecting a significant return.

Fiaschetti told The Sun that Andrews cultivated his trust over a prolonged period, even invoking shared beliefs and values. He recounted a meeting at Dubai's Four Seasons Hotel on the Palm Jumeirah where Andrews allegedly promised him double his investment back, plus 20% of the company shares. Fiaschetti also stated that Andrews' father, Peter, who has himself been jailed on fraud allegations, posed as an international lawyer when Fiaschetti inquired about his missing funds.

Andrews, who remains in a Dubai jail, recently appeared on Good Morning Britain via a voice note from prison, where he claimed to possess $50 million in a crypto wallet and suggested his split from Price was "for the best." Price, however, has publicly stated that she feels "scammed" by Andrews, not for money, but for trust and emotional deception. She revealed during her appearance on the show that she discovered Andrews had only $3 (£2.22) in his account, despite his claims of being a multimillionaire.

"I feel embarrassed because I feel he scammed my heart," Price told hosts Susanna Reid and Ed Balls. "I feel like he scammed my heart and stole my trust that I had and me defending a man constantly because he made me believe that, 'Kate, come on, you know I'm not like this.'" She added that Andrews "fabricated a person that doesn't exist."

Price also recounted instances where she suspects Andrews misled her, including a ring he claimed was worth £72,000, later valued at £5,000, which contained lab-grown diamonds. She also questioned his claims of owning a lavish property in Dubai, which she was shown photos and videos of, and even driven to, but was never allowed inside due to alleged civil matters.

Andrews, who married Price for eight months, has a history of legal troubles, including prison stints and accusations of scamming exes. Despite reports of his release in July, sources indicate he remains in jail, with fellow inmates reportedly frustrated by his alleged constant falsehoods. Price has vowed to hold him accountable for "hurting other people."