CELEBRITY
‘RHOC’ alum Vicki Gunvalson sued by 74-year-old woman for financial elder abuse and fraud
Vicki Gunvalson is being sued for financial elder abuse, negligence, fraud and other claims in a lawsuit filed by a 74-year-old woman who was a client of hers and her Coto Insurance company.
Diane Field alleges in the suit filed in May at the Superior Court of California in Orange County and obtained by Page Six Wednesday that she was taken advantage of by the Bravo star and her business partner Ali Hashemian.
Field claims in the docs that she and her late husband, George Field, had a combined net worth of $6 million due in part to investments they had made in stocks and funds she inherited from her deceased mother in 2002.
When George became “seriously injured” in a bicycle accident that same year, Diane took control of managing both their finances as well as her inheritance.
In 2016, she was advised to put the funds into an Allianz 222 annuity, which is when an insurance company offers a contract that should help reduce an individual’s taxes and ensure a steady flow of income.
“Diane has always left the money in this account (never been touched) for the sole purpose of growing it for her daughter,” the complaint states.
Then in 2019, Diane met Gunvalson at a dinner hosted by her company, Coto Insurance and Financial Services, in which the “Real Housewives of Orange County” alum allegedly took an interest in her fortune.
Gunvalson, 62, allegedly promised Diane a “safer diversified plan” that would also “help lower the taxes she had been paying” and increase “future/potential financial capital for her children.”