Jamie Lynn and her husband also have three bank mortgages which can be extended up to a total of $150 million.
I’M A CELEB’S Jamie Lynn Spears said on the reality show that she’s never taken “anything” from her superstar sister – yet official records show that her husband’s firm was paid $187k (over £147k) by Britney’s estate, The Sun can reveal.
The huge payments were made while Jamie Lynn, who has just sensationally quit the ITV reality show, was allegedly a trustee of her famous sister’s estate.
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Jamie Lynn told campmates she’d never taken anything off her famous sisterCredit: Eroteme
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Records show Britney’s estate paid Jamie Lynn’s husband thousands of dollarsCredit: Getty
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Jamie Lynn with her husband Jamie WatsonCredit: Getty
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Jamie has been opening up about her relationship with Britney on the showCredit: Getty
Britney previously accused her father of taking more than $36 million of her fortune during a longrunning legal battle over his conservatorship over her.
Legal documents filed during the case show that Jamie Lynn’s husband Jamie Watson’s firm – Advanced Multimedia Partners – was allegedly paid $178,071.28 for “professional services fees, repairs and maintenance” from 2012 to 2020 at Britney’s Louisiana home.
The estate also allegedly paid a further $9,000 for similar work at a warehouse in Britney’s hometown of Kentwood, LA, where Britney’s dad was living at the time, according to the documents, filed at Los Angeles Superior Court.
The allegations were made in the court papers by an ex-FBI agent named Sherine Ebadi, a specialist in fraud and corruption cases, who had been hired by Britney’s lawyers to investigate the conservatorship. While Britney’s dad Jamie Spears always denied any wrongdoing, the conservatorship was ended in 2022.
In August 2020, court docs showed that Jamie Lynn had been appointed a trustee of Britney’s SJB Recoverable Trust, which controls Britney’s assets, in 2018, yet Jamie later claimed that she “declined it [role of trustee] nicely” and there was “no me overseeing funds or something like that”.
The revelations come after it was announced that Jamie Lynn left I’m A Celeb on medical grounds.
During her time on the show, Jamie Lynn opened up to campmate Sam Thompson about her relationship with older sister Britney – claiming she had never taken a penny off her.
She said: “I’ve never, ever… I’ve been the one person in her life – and she can say this – I’ve never taken anything from her, you know? I’ve been the one person in her life who’s always said, ‘I just want to be your sister’.
She concluded: “We just had a really weird life so we can’t explain it to many people, but at the end of the road I know that that’s my family, I love them.”
Jamie Watson’s companies have benefitted from several payouts in recent years, not just from Britney, but his trucking firm took over $230k in Covid PPP loans, which he didn’t have to pay back.
Jamie’s trucking business Fluker Transportation LLC also took PPP loans of $116,496 and $115,504 in February and April 2021 respectively. Both were forgiven a few months later.
The Payment Protection Program was set up for desperate businesses hit by the Covid pandemic and cost the US taxpayers $953 billion.
While he’s raked in all this cash, Jamie, 41, and wife of nine years Jamie Lynn, 32, have been buying up real estate across Louisiana – and saddling some of the properties with colossal mortgages while being chased by the IRS for unpaid taxes.
Advanced Multimedia Partners was being chased by the IRS and Tangipahoa Parish Council for a combined $134,781 in 2019 for unpaid taxes spanning a number of years, according to public records.
The latter’s $49,674 was paid in March 2020, while the IRS had to wait until June this year before the $85,107 debt was eventually cleared.
The site of Fluker Transportation, in Fluker, was bought by the company of the same name in 2016 for $37,000 and, a year later, transferred to Jamie’s other company JP3 Investments.
COVID CASH
Official Tangipahoa Parish Council records show that on the same day the property was shifted to JP3, it took out a mortgage for $273,036 with Gult Coast Bank and Trust Company.
In 2021, JP3 and Jamie and Jamie Lynn took out a further loan for $2,325,000 with Customers Bank, which was guaranteed by three parcels of land they co-own, including the truck business and the site of a former post office.
In February 2022, JP3 bought a strip of forest land from Philip Monteloeone for $100k, putting down $11k, then contractually agreeing to pay $1k a month for the next 89 months.
Earlier this year, JP3 bought an auto-repair shop from Euro Imports in Hammond for $255k, borrowing $204,000 from The First Bank.
It comes after The Sun had reported the couple purchased a vast plot of 180 acres of forest land in March 2020 and to finance the deal, they obtained a mortgage with The First, A National Banking Association for $397,800.
MORTGAGED UP
Three of the mortgages mentioned, including the last one, come with the facility for the loan to be extended up to $50,000,000, meaning in theory the pair could borrow up to $150M.
The couple are currently building their dream house in the woods after court papers showed they spent three years living in a noisy lorry park next door to a portable toilet cleaning firm.
Before her dramatic departure from the jungle, Jamie Lynn had made several revelations about Britney including that she and her sister had lived at Disney World when they were younger.
I’m A Celeb viewers had been convinced Jamie Lynn was on the brink of quitting the jungle after a series of meltdowns on the show.
Last night she was accused of “crying wolf” after threatening to quit once again, with Made In Chelsea star Sam saying she will never leave.
“I’m not crying wolf, I mean it every single time I say I want to leave,” she replied.
Today a show spokesperson confirmed her departure, saying: “Jamie Lynn Spears has left I’m A Celebrity…Get Me Out Of Here! on medical grounds.
“She’s been a fantastic campmate who has triumphed at trials and bonded well with her fellow celebrities.”
The Sun reached out to representatives for Jamie Lynn for comment.
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