Music industry insiders are suggesting that 39-year-old Kanye West’s recent psychiatric breakdown which has seen him being hospitalized at The UCLA Medical Center, may be a classic case of FRAUD!
A source says that West may be on a ‘psychiatric hold’ in order to recoup insurance money in the millions for cancelling his ‘San Pablo’ tour. The source says: “He had just canceled for no reason, no injury, no force majeure, so they were going to lose a bunch of money. Kanye is crazy, but not crazy enough to not get his insurance money. [He] knows what he is doing.”
West’s insurer is allegedly supposed to pay him in the case of “accident or illness that prevents any Insured Person from appearing or continuing to appear.” The hospitalization may even be a way for West to prevent damaging his image even further; the source continues: “He (Kanye) went too far off with the rants. It was going to alienate his core fan base. There are real business people around him, including Kris Jenner and Kim Kardashian, who want the payday. They needed to preserve the brand this way.”