Harvey Weinstein Files Fraud Lawsuit Against Brother and Former Executives Over $45M Loan
Weinstein alleges financial misconduct and misappropriation of funds, claiming he was left solely liable for millions in debt.
- Harvey Weinstein has sued his brother Bob Weinstein and former Weinstein Company executives, alleging they misappropriated funds from a $45 million loan intended to support the company.
- The lawsuit claims that the funds were used for personal expenses, unauthorized bonuses, and unrelated ventures, leaving Weinstein solely responsible for repaying $30 million plus interest.
- Weinstein accuses the defendants of fraudulent settlement negotiations with AI International Holdings that released them from liability while increasing his financial burden.
- The lawsuit seeks compensatory and punitive damages, recovery of misappropriated funds, and legal costs, along with an injunction to prevent further financial misconduct.
- Weinstein, currently incarcerated and awaiting retrial for his overturned 2020 rape conviction, has cited health concerns in requesting an earlier trial date.