Danny Masterson from "That 70s Show" is now an official victim of the housing collapse -- he's being sued for nearly $3 mil over a condo deal gone very bad.
Danny took out an astounding $3.2 million loan for construction of a condo unit in Los Angeles -- maybe that sounded like a bargain back in 2007.
Anyway ... the housing market imploded and Danny allegedly stopped making payments.
So TomatoBank has sued him in L.A. County Superior Court for the balance -- $2,911,586.11, plus interest.
Danny's rep says the filing is "nonsense" and "has no merit" and says the bank "breached their loan agreement with Danny and his partners."
Celebrity Justice3/18/2010 7:49 PM PDT BY TMZ STAFF
Danny Masterson Sued Over Pricey Condo
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Reader Comments
(Page 1 of 3) | 1 | 2 | 3 | Most Recent | Next 15 Comments8.
Maybe $cientology will bail him out.
Yeah sure, he'll probably have to pay for even more auditing!
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9.
Let's pap Harvey and his know it all cynic dreadhead.
I'd rather the blonde dishrag sell me what he's smoking instead of reporting this crap.
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10.
Anyone who takes a loan out with some place called "Tomatobank" deserves to go bankrupt lol.
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12.
"Masterson frequently DJs at Los Angeles night clubs under the name DJ Mom Jeans, formerly DJ Donkey Punch" according to Wikipedia. Hard to make those home payments when your career is less relevant than Gary Burghoff.
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14.
He must not have gone for his auditing sessions. Better ask cult leader Tom Cruise for an advance. lol Karma babydoll. Karma.
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