Harvey Weinstein has initiated a lawsuit against his brother, Bob Weinstein, and David Glasser of The Weinstein Company, alleging fraud and conspiracy. He claims he was misled into guaranteeing a $45 million loan intended to save the company, which was subsequently misappropriated for personal gains and unauthorized bonuses. Furthermore, Weinstein asserts that Bob and Glasser conspired to push him out of the company while relieving themselves of liability for the loan. As background, Weinstein has faced severe legal issues, including sexual assault allegations and multiple criminal convictions.
Harvey Weinstein was deceived by those closest to him, and secured a $45 million dollar loan under the pretense of saving The Weinstein Company.
The lawsuit claims Bob and Glasser negotiated with AI International Holdings to free themselves from liability for the loan in Harvey's name.
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