Kate Gosselin: Jon Took the Money and Ran

Octomom discusses the reality TV family's finances and any chance of future peace on the Today show

By Breanne L. Heldman Oct 05, 2009 1:22 PMTags

The family as a whole may have made major bucks from their hit TLC show, but Kate Gosselin is currently living hand-to-mouth.

Reports that Jon Gosselin removed $230,000 from the family's joint bank account, leaving her with only $1,000, are true, she tells Meredith Viera on the Today show this morning.

"I have a stack of bills in my purse I can't drop in the mail," she says, choking up. "The last thing I wanted was to do this show and end up not being able to pay our bills."

Given all the drama, the star of Jon & Kate Plus 8 admits, "Every morning, I don't know what I'm going to wake up to…[Jon] has gone way far off the trail."

The money melodrama started at the very beginning of the reality TV couple's split.

The couple's separation agreement won't allow either of them to withdrawl money from the joint "liquid money" account without mutual authorization. Kate, however, is authorized to write checks for the family's expenses.

Kate admits for the first time that she feared Jon might do something like this, and removed $100,000 from the account earlier in the divorce process.

"At some point, I removed it to keep it safe on the suggestion of my lawyer, but needed to put it back according to the arbitrator," she says. "I did that."

She claims she only did this because Jon had already removed funds from the account just before the divorce was filed, and she was afraid.

"I had taken $100,000 and put it aside safely so I could buy my kids food if this occurred," she says. "I was afraid. He was literally buying erratic purchases, randomly purchasing things. The last thing I wanted was to do this show and end up not being able to pay my bills."

When Kate came forward about it, the pair split the change 50/50, and she used it to pay bills, while he "did whatever with it."

In the meantime, Jon claims he took money he was entitled to and expects to be awarded even more in the future.

"It's wonderful to say he'll be awarded significant funds," she reacts. "However, there are not significant funds to be awarded."

As for Jon's claims that the eight kids no longer wish to participate in the reality show, Kate claims the children were "wailing and sobbing" not to be seeing the crew since last week's filming halt.

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