ENTERTAINMENT
03/18/2010 05:12 am ET | Updated May 25, 2011

Jon Gosselin: Kate Is Lying, Hiding Money

Jon Gosselin is trying his best to debunk his estranged wife's claims that he drained the family bank account, leaving them unable to pay the bills. The Insider released the following statement:

October 5, 2009 (Los Angeles, CA)-- Jon Gosselin is speaking exclusively to THE INSIDER on today's panel about his estranged wife Kate's claims that he withdrew $230,000 from their joint account without notifying her.

Gosselin tells THE INSIDER that Kate's claims are "a total fabrication. I withdrew $22,000 last Thursday. I have the paper trail to prove it."

He goes on to say, "I've never taken any money out because over ten years, Kate handled all the banking. Over the past four years of doing the show, we accrued $2,250,000. 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 I have withdrawn roughly $177,000 over the course of a year, which is less than 10% of what we made. That's like my paycheck."

On why Kate would make these claims, "I believe she's incriminating herself and not thinking clearly. She's wanting me to look bad."

Does he believe Kate is having problems paying her bills? "No. She's hiding money. We have 11 bank accounts. That was just our joint account. She had a best-selling book. Where's that million dollars?"

Gosselin insists, "I didn't want these things to come public. I didn't want this to be embarrassing for her."

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