Larry King Divorce Drama: Cheating Scandal, Prenup, Shannon Engemann

Other than what we do know for sure - that Larry King and wife Shawn Southwick King both filed for divorce -- there are tons of different rumors out there about what went on and what is still going between these two. Here's a quick look at the latest rumblings on Larry King's divorce:

• Back in December 2009, we published a report about Larry allegedly having an affair with his wife's sister Shannon Engemann. The National Enquirer claimed Larry was lavishing Shawn's younger sister Shannon with gifts -- very expensive gifts, including a $160,000 car.
  
• When Shawn confronted him, Larry reportedly signed a document transferring prime real estate (one in Beverly Hills, two in Utah) to Shawn Southwick, to show her he was not cheating and was committed to the marriage. The document was signed more than 2 years ago.
  
• Shawn was assured by Larry that the gifts [to Shannon] had stopped, but she recently found evidence to the contrary -- which triggered a run to the courthouse.
  
• Larry's sister-in-law Shannon Engemann denied the whole affair story saying, "This is so ludicrous. She's [Shawn] singling me out, but Larry has been nothing but generous to our entire family, including me."
  
• The Enquirer reported late last year that Southwick had an affair with her son's baseball coach, a 29 year-old aspiring actor named Hector Penate. Shawn denied it. But when asked about the alleged infidelity, Hector, told a TMZ cameraman: "one thing led to another..."
  
• Reports surfaced yesterday that Larry and Shawn are having second thoughts about divorcing after the two were spotted looking happy together at their son's baseball game. Reports also suggest that they might be sitting down with a marriage counselor next week. However, King's lawyer says that "there is very little chance for reconciliation in this marriage."
  
• Despite having multiple divorces under his belt, Larry does not have a prenuptial agreement with soon-to-be ex-wife Shawn Southwick. Larry's net worth is an estimated $144 million, and California law dictates that marital assets are split 50/50 unless otherwise specified.
  
• Larry will reportedly fight to regain title to his Beverly Hills mansion and the two other homes from his estranged wife.

Photos of Shannon Engemann, Hector Penate, Larry King and Shawn Southwick King below.