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."
Sued Over Pricey Condo
3/18/2010 7:49 PM PDT BY TMZ STAFF
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