This is not what Calvin Harris came for.
The DJ (real name Adam Wiles) has accused his financial adviser Thomas St. John of stealing over $22.5 million to fund a “boondongle” real estate project.
In a demand for arbitration obtained by Variety, lawyers for Harris allege that his former adviser—with whom he worked for 13 years—had “run low” on cash and thus turned to the DJ for an emergency fund.
Harris’ attorneys state that the 41-year-old was given no information about the project—called the CMNTY Culture campus, a stalled development for entertainment, recording studios and offices—but was “handed over documents” to sign. The demand further alleges that Harris gave a $10 million loan to the project as well as a $12.5 million equity investment, but that he does not know where the money went or what it was used for “to this day.”
“Respondents had no intention of Mr. Wiles actually receiving back the full value of his investment, through distributions or otherwise,” the document alleges, arguing that the CMNTY campus “has been, at best, a complete boondoggle, and, at worst, a complete fraud.”