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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.

92 COMMENTS

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31.

hbk72777    

Just give it to him, isn't that what you Libs love to do,? spread the wealth

42 days ago
32.

Numapass    

What is this leftie - so quick to tell you how to live your life - doing investing in something like real estate - sounds like a bit of speculation too ! - well we have a good idea why and on the level of hypocrisy among your pals as well - but even so - dammit Janet I love you

42 days ago
33.

HumanNature    

EVERYONE SHOULD TAKE A ECONOMICS AND ACCOUNTING CLASSES!!!!

42 days ago
34.

HumanNature    

IF YOU CAN'T MANAGE YOUR OWN $$$$$$$ THEN YOU DON'T DESERVE TO KEEP IT!!!

42 days ago
35.

mel719    

Who gives a crap, damn liberal!!

42 days ago
36.

BannedTriceIsNice    

Isn't there a murderer in jail you need to free? Go hug a tree.

42 days ago
37.

Susan62509    

If people don't read their own contracts or monitor their own banks accounts/investments, then they need to be held responsible for their ignorance along with the person that scammed them. In this day and age, anyone who believes/trusts a verbal agreement is stupid.

42 days ago
38.

01void    

I always like her but what a dumb a$$ sucker.

42 days ago
39.

KatM32    

None of these idiots went to college. Maybe if they had, they wouldn't make uneducated decisions.

42 days ago
40.

Jbaby    

Well since she stands behind Obama while he's giving everyone else's money away, the guy probably took it as consent to help himself to hers

42 days ago
41.

Marcus    

"...No moneyman can win my love, it's sweetness that I'm thinking of..."

42 days ago
42.

cementmixer    

HA HA HA!!!

42 days ago
43.

Truth    

100% PROOF ACTORS ARE RETARDED. Y DO THEY BELIEVE EVERY MONEY WHORE WITHOUT DOING RESEARCH?? NO DIFF. THAN TMZ ---> POST A FAKE STORY AND ASSUME EVERYTHING IS TRUE. THEN FIND OUT LATER U BEEN CONNED . #TRUTH!!

42 days ago
44.

backfire    

He didn't put a gun to her back and force her to invest. She invested because she took the bet. Old story.

42 days ago
45.

Brian    

She sure isn't smart with her money. If you're investing millions in something you better personally look into it. Don't trust some financial person. I'm sure a lot of them are scammers. Looking for an easy way to make millions off of fools.

42 days ago
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