Update!

Jon Gosselin: Sure, I Took the Money, but Kate's Hiding Even More!

Source says Gosselin took $230,000 to cover his living expenses, not to leave Kate and the kids in the poorhouse

By Josh Grossberg Oct 05, 2009 7:45 PMTags
Jon Gosselin, Kate GosselinINFphoto.com

Hey, if nothing else, Jon & Kate plus money squabbles will equal one helluva payday for the lawyers.

The respective legal crews for the battling octorents are on a conference call at this moment with the judge over whether Jon Gosselin was in contempt of a court order by withdrawing $230,000 from the estranged couple's joint bank account without permission, leaving Kate with about one grand, nary enough to pay her bills.

Following her tearful Today tattling this morning, Team Kate went straight to a Pennyslvania judge to file legal documents seeking immediate repayment of the funds.

Meanwhile, sources close to Jon insist to E! News that he did indeed take out the money over the course of "several months" to pay for his own living expenses, not to underwrite his jet-setting, playboy lifestyle.

In a statement to The Insider (which reportedly has paid for his exclusive services), Jon says as much, and claims Kate might have her own 'splaining to do.

"I've never taken any money out because over 10 years, Kate handled all the banking," he said. "She says in the past week I took $230,000. I have withdrawn roughly $177,000 over the course of a year, which is less than 10 percent of what we made. That's like my paycheck.

"She's hiding money. We have 11 bank accounts. That was just our joint account. She has a best-selling book. Where's that million dollars?"

Maybe it'll go toward a good therapist for the kids.

(Originally published Oct. 5, 2009, at 11:40 a.m. PT)

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