Calvin Harris says that the financial advisor stole 22 million dollars through real estate fraud

Calvin Harris He takes legal action against his long financial advisor to reportedly investing in investing in the amount of $ 22.5 million in the real estate project “to simply steal” funds from the DJ star.

The allegations are revealed in new court documents submitted on Friday (12. September) Harris (Adam Viles) against Thomas st. JohnThe financial advisor of the Scottish Music Prodector of more than a decade. Harris filed a petition to apply a temporary ban in his current arbitration against St. John, and he published details of that private arbitration, which took place behind closed doors since June.

Harris ’28. June Arbitration Demand, obtained BilbordLevels of more than a dozen civil requirements against Saint John and the Group of Alleged Co-Spare, including a violation of contract, fraud and abuse.

“From Necessity, Mr. Viles is surrounded by professionals, including the TSJ, in which Mr. Viles put his trust in that his earnings are protected, his investment is smart, and his family and future are safe”, chimental arbitration demand. “However, instead of acting in the best interests of Mr. Viles, the TSJ and other respondents fully and absolutely violated that trust.”

According to documents, para. John bought a land tract in Hollywood in 2021. years with plans for the development of recording studies and creative business premises. Harris says St. John later became tied to cash and used their relationship to sign $ 22.5 million in DJ in 2023 years. Years.

Of this investment in the amount of $ 22.5 million, $ 10 million was in the form of a loan, which St. John reportedly did not return. The other $ 12.5 million was a capital proportion of real estate project – but Harris says this investment “at best was complete boondoggle and in the worst case of complete fraud.”

“Mr. Viles did not receive any pennies for returning for that investment, and, indeed, respondents did not even begin to develop or build a project,” read arbitration demand. “In fact, soon after Mr. Viles reportedly performed this cartridge in the amount of $ 12.5 million, the TSJ … distributed over $ 11 million for himself.”

Harris says there is no “no idea what exactly happened” with your money. According to Petition, Saint John has crossed the focus of its real estate project far from the study of recording and to housing development.

At the beginning of August, Retired Judge Michael R. Vilner is set to monitor the dispute as an arbitrator. Harris and St. John agreed on a temporary ban that freezes certain assets while the matter is tentally, leading a judicial petition to confirm and implement this ban on Friday.

Lawyer for St. John, Sasha Fridsays in a statement provided Bilbord Monday (15. September) that his client “denies any injustice” and that Harris “actively conducted” investment in the Hollywood real estate project.

“Dissatisfied with the pace of the project, he decided to follow private arbitration that his dissatisfaction claims,” ​​said Frid. “It’s not a secret that real estate projects last for interest rates and other market factors. But development is very sustainable and 900+ million dollars are expected to be completed.”

The installation of Harris did not return the comment request immediately.