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Joey Kelly Alleges Secret Swiss Account, Cash Hoard and Lavish 1990s Spending by the Kelly Family

He presented the podcast disclosures as statute-barred, with no independent confirmation or legal follow-up reported.

Overview

  • Speaking on the podcast 'Des Isses!', Joey Kelly said the family maintained an undeclared bank account in Switzerland.
  • He said the Kellys stored more than one million Deutsche Mark in coins on their Cologne houseboat and that he regularly carried the coins to the bank.
  • Kelly claimed the band's peak saw 3.5 million German sales of 'Over the Hump' and annual turnover of about 120 million Deutsche Mark.
  • He described wasteful outlays in the 1990s, citing private jets costing 30,000 to 40,000 Deutsche Mark that sometimes flew with only two passengers.
  • Reporting notes that finances ran through Kel-Life GmbH, which Joey took over in 1999 and which was dissolved in November 2024.