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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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31.

Cynic    

i always thought fraud was a criminal offense punishable by jail time, apprently i am wrong

507 days ago
32.

fishy won ton    

a ju screwing over a ju...sounds ju-dicial

507 days ago
33.

Chief Gall    

SUPER MAXIMUM LOL!!!
This is a good one!! Will haters be saying Lindsay has a DIRECT involvement??? LOL!!!!!!!!!!!!!!

507 days ago
34.

Mrugowsky    

The lawsuit seems fishy. Plus Lindsay is insulted the insurance wasn't a quarter million. She's mayhem.

507 days ago
35.

Marvin    

Look at that, this proves that if you throw a plastic bone to a Hater they will only chase it five hundred times before they realize there isn't anything to be interested in. Not really a story here and a Lindsay losing a lawsuit story is replaced by a Liz and Dick LiLO billboard. We don't know what the contracts were and it was a speculative investment that was most likely high risk and high return......anyway....go hat dogman and his jacking of LiLO's name to make money off of her trademark.

507 days ago
36.

notalawyer    

"I knew Liz Taylor... Lindsay Lohan is no Liz Taylor"

Everything the Lohan family touches is a LIE, FAKE or DAMAGING TO OTHERS....

507 days ago
37.

LW    

WHY is this waste of skin hired to do anything more then scrub a toilet??

507 days ago
38.

Mrugowsky    

She used to have potential. She chose to party and here we are. That movie "I Know Who Killed Me" was so bad it qualified as a comedy.

507 days ago
39.

tellmeaboutit     

He was Lindsay Lohan adjacent? WTH does that mean? Horizontally adjacent or vertically?? LMAO Could that crap called a movie be anymore of a trainwreck?

507 days ago
40.

Violent Pope    

Mmmmmmmm... Fire crotch.

507 days ago
41.

Good riddance!    

Grifters of a feather......

507 days ago
42.

windfly    

Cool. Very cool indeed. And it's readable by Search engines.

507 days ago
43.

DaveT    

If you're mad that Lindsay's more popular than you are, click Hate

507 days ago
44.

Sam    

Times that by the other 20 people Schwartz hit up for $100,000 and we now have a clearer picture of how much Lindsay made on Liz & Dick.

Looks like Gump really is a G-damn genius

507 days ago
45.

Sam    


Smells like a 70-30 split to me

507 days ago
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