[Blind Gossip] Here is a preview of an industry story that is going to break in the next few days!
This movie producer was on a hot streak. We remember a time when everyone was buzzing about him because he had two hit movies in the Top 10 in the same week. That is incredibly rare air.
Then he got greedy. And he got stupid. And now he may go down in a financial scandal!
You see, his career cooled off after a few big hits. He lost his way. He got desperate for money to maintain his extravagant lifestyle. So he started bringing on investors for some new movie projects.
He promised each investor an Executive Producer credit in return for financing his new movie. Since he was a known producer with a few hits under his belt, none of the investors suspected that they were being scammed.
We are not sure how he managed to swing it, but he allegedly conned seventeen different parties – SEVENTEEN – into signing agreements with him for just one of his films!
Each investor believed that they were now his partner and that they were going to receive an Executive Producer credit on a big Hollywood film.
He kept the millions of dollars they gave him.
He never made the movie.
The investors never got their E.P. credits.
He is about to get sued.
Similar: Stacks Of Money
His Hit Movies:
[Optional] Have you ever been scammed?