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Susan Sarandon

My Moneyman Screwed Me Out of Millions

6/12/2014 5:17 PM PDT BY TMZ STAFF
EXCLUSIVE

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Susan Sarandon claims she was betrayed by her former business manager who lured her into investing more than $10 MILLION in a real estate deal the manager was using to line his own pockets.

Sarandon has filed a lawsuit -- obtained by TMZ -- in which she claims her moneyman Richard Francis convinced her to invest a huge sum of money in a real estate partnership.  Sarandon says unbeknownst to her ... Francis and his son had a huge stake in the venture.

Sarandon put more than half the value of her portfolio in the real estate venture -- sources tell us somewhere between $10 and $20 MILLION.

The actress fired Francis last year and then says she discovered 3 shocking things -- Francis had a secret stake in the deal, there was no liquid cash in the venture, and if she wanted out she would get only 50 cents on every dollar she invested.

So now she's suing Francis, claiming she's been duped and wants him to pay her millions.

91 COMMENTS

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16.

Cj    

Never invest money that your not afraid or can't afford to loose. Business 101...

77 days ago
17.

lcmb    

I thought she was very good in Team America.

77 days ago
18.

KicksandGiggles    

So I guess 10 million was not enough so she needed some more. Serves her greedy azz right.

77 days ago
19.

lisa c    

Well that is just STUPID!!!! 1/2 of the portifolio in a Real estate venture. Honey BooBoo's mom is smarter than that!

77 days ago
20.

tmon3ydadjmbr    

Well, only person who should handle "your" money is "you" 0_o duhhh!

77 days ago
21.

J5236    

On a irrelevant note, I love her necklaces.

77 days ago
22.

Anton Jackson    

Good.

77 days ago
23.

boo boo    

Wow, who would have imagined that real estate could be a risky investment.....uh EVERYONE! Be glad to get your fifty cents on the $.

77 days ago
24.

Jordan    

Susan a Free word of Advice. Never give your Check Book to Someone else.

77 days ago
25.

VonKitty    

I hope that she gets her money back <3 her.

77 days ago
26.

Emilio    

The hypocrite deserves it!...

77 days ago
27.

zombie    

Oh boo hoo. Guess she should have done her homework on the man she invested with a little more thoroughly.

77 days ago
28.

static    

Greedy 1%er problems.

77 days ago
29.

Chris    

These are rich people problems. How many millions did he make for her BEFORE one deal went bad, eh?

77 days ago
30.

marbles    

Boo-Hoo

77 days ago
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