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'Liz & Dick' Lawsuit

Allegations of

Epic Scam

2/21/2013 6:02 PM PST BY TMZ STAFF
EXCLUSIVE

0221_lindsay_lohan_liz_and_dick

A producer who is Lindsay Lohan adjacent is accused of scamming an investor out of $110,000 -- the amount the producer claimed was necessary to insure LiLo on "Liz & Dick."

Michael Braun claims in 2012 ... he was approached by a Hollywood producer named Rick Schwartz, who said he was trying to drum up money for the upcoming "Liz & Dick" production.  Braun claims in his lawsuit ... Schwartz told him he needed $110,000 to get an insurance policy for the high-risk actress.

After some discussion, Braun claims he anted up the cash. 

Fast forward to completion of the film, when Braun asked Schwartz to repay the loan.  Braun says in the lawsuit it quickly became obvious... Schwartz had scammed him -- that Schwartz had NOTHING to do with the film and he was just out to fleece an unsuspecting rich guy.  

Braun says after confronting Schwartz, he got back a measly $36,313.67.  Now he wants the rest, plus punitive damages for alleged fraud.

But we did some checking and it turns out Schwartz does have a Lindsay connection.  Although his credits do not include "Liz & Dick," he did work with Lindsay as a producer on "Machete."  He was also a producer on Lindsay's non-Emmy winning movie, "Labor Pains."

95 COMMENTS

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1.

KittyKittyKitty    

Yikes!

420 days ago
2.

Raymond    

Enough material for another film I guess. Plus a sex tape, for good measure.

420 days ago
3.

Fezfez    

...do no include..."? Really guys?

420 days ago
4.

LLsez    

FFS!

420 days ago
5.

Grandma Cracker    

Ha! Wait until they link Lindsay to this scam!

420 days ago
6.

bring back recent posts    

....scam artists are everywhere in this world...Hollywood no diff....usually smart men with a lot of coin are smarter....just saying..that is why they have it..

420 days ago
7.

Ozzie X    

The movie would have made more money as a porn.

420 days ago
8.

Vinsetta    

I agree GC, wait 'till it comes out that Blo is in on some scam, or scamola with this travesty.

420 days ago
9.

Vinsetta    

Nice jab TMZ.

-

He was also a producer on Lindsay's non-Emmy winning movie, "Labor Pains."

420 days ago
10.

LISA    

I thought she would cost way more than that to insure? By the way, how did that movie do at the box off .... oh, right!!

420 days ago
11.

Andyconda#LITTLESTAR    

did anyone believe that anything about a lohan would be on theup and up?? they are all a walking list of lies

420 days ago
12.

SLH    

Boring! God any excuse to use Lohan's name for a headline.

420 days ago
13.

Andyconda#LITTLESTAR    

big question..how much would it be to insure her 1 or 2 million??

420 days ago
14.

Black Dirt Goodness    

Lame story. Just like the rest of the crowd in here.

420 days ago
15.

tdr9    

Who cares

420 days ago
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