WATCH video Katie Price’s husband Lee Andrews uses to convince women he’s worth millions… & the clues that expose truth
AN eye-watering amount of cash is stuffed into suitcases, with Katie Price’s husband Lee Andrews’ name printed onto a label stuck on top of the thousands upon thousands of $100 bank notes.
But rather than a show of his apparent wealth, today The Sun can reveal Lee’s boastful videos share the hallmarks of high-level scams – with his ex-fiancee Alana Percival warning that his time evading the heavy hand of the law may be running out.
Former glamour model Katie, 48, flew back to Dubai over the weekend to join Andrews, 41, in the country at a £36million mansion which he claims he bought in cash.
It will be the first time she has seen the businessman since he boasted he was buying a majority stake in Chelsea Football Club for £2billion.
The shameless brag, like most that come from his lips, is not true and the London football club have had no dealings with Andrews.
No doubt, like many women, Katie may have seen the suitcases stuffed to the brim with what appears to be millions of pounds in cash.
His alleged vast fortune is, he claims, from complex deals with foreign embassies and treasuries that he’s spent the past nine years developing.
Sharing the two videos with The Sun to prove his “wealth”, Lee alleges he ships the cash to Africa for institutional investment.
However, our analysis found that the clips are almost identical to the dubious proof-of-funds videos often used by fraudsters to convince people they have large sums of money.
In one video, Lee’s name is written on a sheet of A4 paper along with the date, while the man filming references a fictitious code that The Sun has discovered does not exist in the real world banking system.
The wads of $100 notes are bound by plain bands labelled “BEP” (Bureau of Engraving and Printing).
To the untrained eye, it would seem Lee is sitting on a fortune.
But those BEP labelled bands are most commonly found on film sets, binding together fake wads of cash seen in blockbuster movies.
Authentic BEP bands include the institution’s name, a routing number, and a branch ID.
Andrews’s bands include none of those.
The videos are known as “Black Money Scams” – and are often seen in fraud cases.
Metal briefcases, locked with padlocks, labelled “FRAGILE – HANDLE WITH CARE” — are designed to look like a secure, official shipment of cash.
Stacks of $100 bills are then laid out in an open case with a note to make it look personalised and real.
In fact, where these scams exist it’s all faked – the money is not real.
Andrews’ former fiancee Alana has warned the net may be closing in on him and claimed last week that a warrant was out for his arrest in Dubai.
And now those close to Katie tell The Sun they hope she can finally start to see what is happening.
“Alana is saying a warrant is out for Lee’s arrest in Dubai, he still appears to be taking money off women, but Katie still can’t see what he’s doing,” a friend tells The Sun.
“It’s exasperating. Those around her think Lee is bad news.
“The brags about his wealth, the videos of the fake cash, the claims he’s bought a £36million mansion in cash – it’s all laughable.
“Kate is usually shrewd but when it comes to matters of love, she thinks with her heart and not with her brain.
“It is painful for her friends and family watching her consort with this man.”
Alongside the videos supposedly proving his income stream, Andrews also provided three documents.
One of these is a payment guarantee letter for a $100m transaction, the first payment of a proposed $5bn.
It is signed by Mr Sikakaew, allegedly from the Thai bank Kasikorn, who holds a “Supreme SSID License”—a term not recognised in banking, as SSID is actually a name for a Wi-Fi network.
In the document, a scanned image of Lee’s passport appears to have been digitally manipulated and features glaring mistakes such as an upside-down photo and backward font.
A second document is a Memorandum of Understanding, which is a non-legally binding statement of intent to work with another party.
It mentions a “UN license for a mixed currencies redemption program”, something that also does not exist.
The letter, which outlines the transfer of $5bn to the Royal Thai Embassy in Kenya, is signed by American Joseph John Garrity, with no record of such a person being involved in high-level international finance.
The third document is a Capital Readiness Program prepared for Lee by Hachi Capital LLC — a business with no legitimate record.
A similarly named UK company called Hachi Capital Ltd was dissolved in 2013 and coincidentally featured Craig Boddington as director, the same name managing Lee’s account.
The program promises financial returns well beyond any realistic measure, claiming a 500 per cent return on investment per monthly cycle and as much as 100 per cent per 10-day cycle on “bullet trades”.
Further red flags include the business not being licensed or regulated by any major financial authority and has hallmarks of investment scams with six-figure set up fees designed to get clients to part with cash before realising any profits.
A number of women have spoken to The Sun after falling for such Andrews’ investment promises.
One woman, Crystal Janke, invested £123,000 in his Aura Worldwide Holdings Ltd, after being promised a return of up to £1m.
The money has since disappeared, with Crystal filing a police complaint in the US.
Andrews denies the claims but Crystal to date is still insistent she’s not had a penny, after sharing with The Sun her bank statements which prove the transactions into Andrews’ account.
Earlier this year The Sun revealed that his company, Aura Worldwide Holdings Ltd, was actually dissolved in 2024.
But Andrews is still claiming it is open, despite paperwork proving otherwise, and is pushing his schemes upon women he meets on social media and women he knows through business.
Last month, another woman came forward to tell The Sun she had invested $1,000 but still had no return.
When she confronted Andrews, she claims he fobbed her off and made excuses about the whereabouts of her funds.
A friend of Katie’s told The Sun: “Why Katie cannot see what is going on under her nose is scary.
“None of this is legitimate and everyone is just praying for the moment the penny finally drops and she gets the hell out of this marriage.”
Andrews previously denied all the allegations brought against him by The Sun.
He later claimed his inflated LinkedIn CV was the result of errors by his former assistant and swiftly removed some of his false work history.
Among them was that he was a Member of the Board of Advisors for the Labour Party and Director of Philanthropy at The King’s Trust.
He said: “I think that’s been hyped up and made to look better than what it is and it needs to come down.
“I can’t take the showmanship of it, but I’ll take the accountability.
“The PA no longer works for me now anyway, for other reasons — probably because of that.”
More recently he claimed to have made secret “back and forth” visits to the UK where he met wife Katie’s eldest children Harvey, Junior and Princess.
He told us: “People don’t know I’ve met Harvey and two of the kids, I haven’t seen the young ones.
“I’ve been back and forth, I just don’t f***ing tell anyone. I lead a very private life. I tell people what they want to hear, the rest they can make up, you know.”
A representative for Katie later told The Sun this claim was a lie and that Andrews had never met her children.
