Frankel recalled Jayne saying on an episode of Real Housewives of Beverly Hills that she spends $50,000 a month on hair and makeup and had two private planes. Frankel said she couldn't believe the amount, which would add up to $600,000 a year.
"You know, I was like, that's rolling really deep and that's just a number that would be hard to sustain," she said. "And Dennis said to me, 'He doesn't have it like that. He owes me money. He owes me half a million dollars, I know this other guy he owes $1.5 million. He doesn't have money. He owes everybody money.'"
"And I go, 'What are you talking about? How is she flying around on the big plane, on the small plane?'" she continued. "He said, 'Because he's using people's money to support her lifestyle. He's using the company's money to support her lifestyle.' ... Dennis was like, 'He owes me money and it aggravates everybody.' I said, 'Why would he do that?' He goes, 'He can't say no to her.'"
Frankel claimed that other prominent lawyers were aware of Girardi's money issues.
"Things take a long time to come out, but everybody in that industry knew about it," she claimed. "All these major lawyers, and I'm talking about around the country, that are in this industry, they all knew about it, and I ... told [her makeup artist] Kristofer Buckle about it, I told Andy Cohen about it, just to say, 'It's not what you think.'''
ET has reached out to reps for Jayne, Girardi and Cohen.
On her podcast, Frankel also claimed that a lot of Real Housewives stars lie about how wealthy they are.
"My experience is, especially with the Housewives — but everywhere, as well — but really, particularly with the Housewives, if someone's flaunting their money, they don't really have it," she said. "That's happened with a lot of the girls on all of the shows, and I can tell you on New York, people write that they have $50, $70 million, all the girls have probably between $4 and $8 million. ... particularly on Beverly Hills there have been a lot of 'all show and no go' girls. And the more that they flaunt it and, you know, the more that they brag about it, usually there's something wrong. I've always found, if you're really flaunting your money, you probably don't have it."
Last December, a lawsuit was filed against the pair on behalf of several families who lost loved ones in the Lion Air Flight 610 crash, which occurred in October 2018. Girardi allegedly embezzled settlement money that was supposed to go to the family members of the victims. Girardi and Jayne are accused of using that money to fund their own lavish lifestyles and allegedly pay off loans to keep Girardi's law firm, Girardi Keese, afloat.
Jayne has adamantly denied knowing anything about the embezzlement allegations leveled against Girardi and his law firm, and has slammed claims that their divorce was part of a scheme to hide assets from those suing Girardi. In July, Jayne told paparazzi that she didn't "give a f**k" if her fellow Real Housewives of Beverly Hills stars believed her.