Johnny Depp files $25 million fraud lawsuit against business managers
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Johnny Depp believes he’s been the victim of some very bad accounting and it could end up costing him one of his homes.
The Pirates Of The Caribbean star filed a lawsuit against his own business managers at The Management Group on Friday, according to court documents obtained by Deadline.
Depp is asking for more than $25 million in a jury-seeking suit, alleging fraud among several other claims, including breach of contract and professional negligence.
The filing also alleges that the management firm is trying to foreclose on Depp’s primary home through a loan he claims came from the management company.
“As a result of years of gross mismanagement and sometimes outright fraud, Mr. Depp lost tens of millions of dollars and has been forced to dispose of significant assets to pay for TMG’s self-dealing and gross misconduct,” reads the complaint.
“In essence, TMG treated Mr. Depp’s income as their own, available to either TMG or third parties to draw upon…