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Rita Ora Is In The Middle Of A Fraud Scandal

Pop star Rita Ora has lost thousands of pounds in an alleged fraud.

The former X Factor judge, who now hosts America's Next Top Model, is an investor in a company that is a potential victim of financial crime.

The shareholders, made up of companies and individuals, are reported to have collectively lost around STG2.3 million ($A3.9 million), and Ora has lost tens of thousands.

Police are now investigating claims that an accountant who "lived like a Saudi prince" siphoned off the money, according to The Sun.

The alleged fraud comes just over a year after luxury items worth STG200,000 were stolen from Ora's home, including phones, computers and a designer doggy bag.

Chanel perfume, Tiffany earrings and eight pairs of Louis Vuitton shoes were also taken from the singer's four-bedroom property in northwest London.

Source: AAP

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