The TELEGRAPH reports:
Patricia Kluge, a 62-year-old socialite, winemaker and one-time adult film actress, reported debts with her third husband of about £30 million, despite selling her 300-acre estate in Virginia.
She admitted defeat after a £10 million fire-sale last year of paintings, Roman statues, Qing dynasty antiques, a Chippendale commode, a four-poster bed from Hedingham Castle and a George III crystal chandelier.
Liquidating jewellery including 64 carats worth of diamonds, platinum and diamond earrings, and a sapphire-and-diamond Cartier watch, also failed to keep her afloat.
Asked last night where all her money had gone, Miss Kluge would only say: "That's a very long story". Her husband, Bill Moses, has said: "We spent too much, too fast." Read the rest of the article here.