Court records detail Kelleys' financial troubles - FOX 10 News |

Court records detail Kelleys' financial troubles

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TAMPA (FOX 13) -

The Kelleys have had a lot of money pass though their hands over the past few years and have racked up some big debts. They have been involved in more than a half-dozen civil lawsuits in Hillsborough County since 2010, fighting off banks and credit card companies.

Court records show they lost a three-story office business building to foreclosure and still owe the bank $2.15 million, plus $38,139 in attorney fees.

In 2010, they almost lost their home on Bayshore Boulevard after defaulting on a line of credit for more than $250,000, according to documents filed with the Hillsborough County clerk of court. They have changed attorneys and are now in the middle of litigation on the house.

Court records show Scott Kelley sued high-profile lawyer Barry Cohen's law firm several times. The cases were dismissed.

Records reviewed by FOX 13 also show several credit card default cases.

In 2007, the Kelleys operated a charity out of their home called the Doctor Kelley Cancer Foundation. The mission was to conduct research studies to discover ways to improve the quality of life for terminally ill adult cancer patients.

They started with $157,000. Based on the tax forms we reviewed, the charity fell far short of its mission and is now defunct.

According to 990 tax forms, travel, meals and entertainment were the biggest expenses: $43,317 for meals and entertainment and $38,610 for travel

We asked CharityWatch to review the documents, and here is what analyst Laurie Styron concluded:

"Based on the very limited information in the charity's 2007 tax form, it is not clear that the Kelleys were doing anything illegal. What is clear is that none of the money raised was spent on cancer research grants. The charity did not report that any of the travel, meals, or other expenses were related to granting wishes to terminally ill adult cancer patients, as was its mission. With only three people on the charity's board, two of them husband and wife, there was not enough independent oversight in place to ensure proper or efficient use of funds."

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