Harvey Weinstein says he was duped into guaranteeing $45M loan, sues brother and other movie execs

Jailed and disgraced movie mogul Harvey Weinstein alleges in a new lawsuit that his brother, Bob Weinstein, and other executives at their now-defunct film company duped him into guaranteeing a $45 million loan in 2016, but diverted funds for their own personal use while setting the stage for his downfall.Harvey Weinstein, 72, filed the claims Thursday in a long-running civil case in New York City involving a lender accusing him of defaulting on the loan.He is currently detained while awaiting a retrial on sex crimes charges in New York.“Harvey Weinstein was deceived by those closest to him, and secured a $45 million dollar loan under the pretense of saving The Weinstein Company,” Imran Ansari, Harvey Weinstein’s lawyer, said in a statement.“While Harvey personally guaranteed the loan, others within The Weinstein Company enriched themselves and strategically undermined him, leaving him ‘holding the bag’ of debt while ‘lining their pockets’ when the company was in crisis.”Ansari alleged Bob Weinstein and others at The Weinstein Co.

were in on a plot to position Harvey Weinstein for a downfall in an attempt to seize control of the company, which went bankrupt in 2018 as the sexual misconduct scandal surrounding Harvey Weinstein exploded.An attorney for Bob Weinstein, Brian Kohn, replied with a brief statement Friday saying, “Harvey’s allegations are entirely without merit,” in an email to The Associated Press.Former Weinstein Co.chief operating officer David Glasser, now chief executive of 101 Studios, known for its production of Paramount’s popular series “Yellowstone,” is also named in Harvey Weinstein’s lawsuit.He did not immediately return a phone message left at his office Friday.AI International Holdings loaned the money to two affiliates of The Weinstein Co.

and Harvey Weinstein, and later sued when it said they defaulted.Harvey Weinstein alleges that his brother, Glasser and others duped him into guaranteeing the $45 million lo...

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Publisher: New York Post

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