KATIE Price's ex husband Alex Reid has released a bombshell video appearing to show the model counting piles of cash – while bankrupt.
In a shock statement, Alex, 50, told fans he plans to reveal the truth about Katie and has vowed to no longer be silent.
Katie, 47, was declared bankrupt twice in 2019 and then again last year over a huge unpaid tax bill.
In the clip, which is believed to have been filmed in 2020, Katie is seen sitting with daughter Princess, telling her she is "enjoying counting" the wads of money in front of her.
She boasts "there's loads here … I'm just sorting it out".
Katie can then be heard quizzing Princess about what Peter Andre says about her paying school fees.
Holding up her middle finger, she tells Princess: "Your dad can sit on that" Laughing, she continued: "Does he go on about it a lot? Well it's tough because I'm in bankruptcy to next May now."
Katie married MMA fighter Alex in Las Vegas in February 2010, but the pair split the following year.
Alongside the footage, Alex told his followers: "For years, I've watched as stories — many false, exaggerated, or deliberately twisted — have been pushed out into the public. Fake news isn't just a headline, it destroys lives, reputations, and families.
"This has been years in the making. Countless hours of collaboration, gathering evidence, and finding the strength to finally stand up and say: enough is enough.
"I have stayed quiet long enough. Now is the time to speak. This isn't about gossip, this isn't about drama — this is about the truth.
"The announcement I'm about to make will challenge the false narratives and shine a light where it has been needed for far too long.
"The time for speculation is over. The truth is about to come out."
It comes after Katie's ex Peter Andre accused her of making "baseless accusations" against him, and claimed their children Princess and Junior have been in his care since 2018 'for their safety.'
Peter finally snapped after Katie moaned about being frozen out of her daughter Princess's blossoming career – and claimed that their kids live with both Pete and her.
Revealing his own plans to take legal action, Peter said: "Unfortunately, there are many more lies and baseless accusations that I have yet to address. Those will be dealt with in the coming months."
Earlier today it was revealed that another of Katie's ex's Kieran Hayler, 38, is said to be consulting lawyers in a bid to stop her explosive Sky documentary airing next year.
Now Kieran and Alex are in contact via an intermediary after a tell-all documentary was announced.
A spokesman for the mum of five told The Sun: "Kate is in a much better and clear headspace and is at peace with the situation.
"This was in the past and she doesn't feel the need to bring up tit for tat comments, but more importantly she's dealing with this the right way and it's now in her lawyers hands.
"Kate will no longer be gaslighted and bullied as she once was…"
Katie Price's missing millions
At the peak of her career Katie had an estimated fortune of £45m, thanks to her lucrative modelling career, book deals, and TV appearances.
The cash-strapped mum-of-five was first declared bankrupt in 2019 over unpaid debts of £3.2 million.
In a podcast interview earlier this year, she blamed her exes who include Peter Andre, Alex Reid and Kieran Hayler and lawyers for her money woes.
She insisted that funding her exes' lavish lifestyles with cars, watches, luxury holidays and homes left her finances in tatters.
She added: "I went through a breakdown, this is how mine started – lawyers and exes, that is my bankruptcy thing.
"And obviously a bit of HMRC.
"When I had my breakdown, if anyone has been depressed… I don't know if you've ever had depression.
"It starts with depression and you just want to sleep all day and not talk to anyone, the phone would ring and you wouldn't answer it.'
In March, Katie was declared bankrupt for a second time over an unpaid tax bill of £761,994.05.
The demand for payment was made by HMRC last October.
Katie was due to give evidence about her finances at the High Court but failed to turn up – holidaying in Cyprus with her new man JJ Slater instead.
Her Mucky Mansion was a bomb site for years after it was burgled, flooded and swamped by an overflowing septic tank.
She finally moved out at the end of May and is renting a four-bed mansion in Sussex.
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