Harvey Weinstein (screen shot)
Disgraced and imprisoned movie mogul Harvey Weinstein has unleashed a bombshell lawsuit, accusing his own brother, Bob Weinstein, along with top executives from their now-defunct film empire, of orchestrating a calculated betrayal. Weinstein alleges that in 2016, they manipulated him into personally guaranteeing a massive $45 million loan—only to secretly siphon off the funds for their own gain while laying the groundwork for his ultimate ruin. The lawsuit paints a picture of deception, greed, and a Shakespearean-level family betrayal, adding another dark twist to the already infamous Weinstein saga.
Weinstein’s lawsuit accuses his brother, Bob Weinstein, and David Glasser, the former chief operating officer of The Weinstein Company, of orchestrating a financial scheme that left him on the hook for a hefty loan. Glasser is now the chief executive of 101 Studios, the production company behind the popular Paramount series “Yellowstone.”
The lawsuit alleges that the pair misled Weinstein into guaranteeing a $45 million loan for The Weinstein Company, claiming the funds were needed to stabilize the struggling business. However, Weinstein claims they instead diverted millions of dollars for their own benefit, leaving the company cash-strapped and him personally liable for the loan’s repayment.
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This legal action adds another chapter to the ongoing saga surrounding Harvey Weinstein, whose downfall was triggered by numerous accusations of sexual assault and abuse. While he faces a retrial in New York on those charges, he is now also fighting a financial battle with his own family and former associates.
“Harvey Weinstein was deceived by those closest to him and secured a $45m (£35.8m) dollar loan under the pretense of saving The Weinstein Company”, said Harvey Weinstein’s lawyer, Imran Ansari, 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.”
In October 2017, numerous women came forward with allegations of sexual harassment and assault against Harvey Weinstein, dating back to the late 1970s. Over 80 women eventually made allegations against him, including actresses, models, and employees. The allegations sparked the #MeToo movement, a social media campaign against sexual abuse and harassment.
In February 2020, Harvey Weinstein was convicted in New York of rape and a criminal sexual act and sentenced to 23 years in prison. In December 2022, he was convicted in Los Angeles of rape, forcible oral copulation, and sexual penetration and sentenced to 16 years in prison.
