Calvin Harris accuses financial adviser of stealing $ 22.5 million

Calvin Harris claims that his former financial adviser stole $ 22.5 million from him to finance a Hollywood “boondoggle” real estate project.

The need for arbitration, which was submitted at the Superior Court of California, the county of Los Angeles, on Friday 12 September and obtained by people, claims that Thomas St. John-who worked for Harris from about 2012 to April 2025 and his co-meetings “systematically” utilized Harris, whose real name is Adam Richard Wiles.

According to arbitration demand, in the early 2020s, St. John, and his co -operatives created a real estate development project coined “CMNTY Culture Campus” which was supposed to be a 460,000 square meter development “in the heart of Hollywood, California for musicians, recording engineers, entertainers and creative and was for recording studies, artists and artists.

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St. John started seeking investments from entertainers and other financiers in early 2021. 2023, when he is alleged to be short with cash for the project, he was enough for Harris.

The need for arbitration claims that St. John “did not reveal his real intentions” to Harris or gave him any information about the investment.

With the privilege of being Harri’s financial advisors at that time, the need for arbitration claims that St. John created the applicant Lewsi LLC for Harris to invest a total of at least $ 22.5 million in the project.

The investment would be divided into two parts: $ 10 million that would come from a loan from Lewis LLC to Hollywood LLC (which would control CMNty Culture Campus) and $ 12.5 million through a Hollywood LLC equity investment.

The need for arbitration claims that St. John “provided any context or information at all” and instead just sent Harris Docusign form to sign which was “substantially misleading.”

After the investment was made, the need for arbitration claims that St. John got the Hollywood LLC to distribute $ 11.7 million to Dun & Dun LLC (the Hollywood LLC unit that St. John only controls).

“Until today, applicants do not know where the applicant’s investment has gone or what it has been used for,” claims Harris lawyers, with reference to the investment, “at best a full boondoggle and, in the worst case, a complete fraud.”

“Mr. Wiles has not received a single penny in return for that investment, and really has not even started developing or building the project,” the demand claims.

2024, The purpose of the project changed To create “residential buildings” due to “changing market dynamics”, a change in the requirements of the arbitration claims was not discussed with Harris immediately.

Sasha Frid, St. John’s lawyer, said in a statement to Amount That Harris is one of “several investors” in the new real estate project that will include 750 apartments in two towers with 34 and 38 stories. The residential building will also include 90 low-income units “as well as outdoor, creative and retail space”, per Amount.

Peace customs Amount The Harris “continued actively this development opportunity.”

“Unhappy with the pace of the project, he chose to pursue private arbitration to assert his dissatisfaction. It is no secret that due to interest and other market factors such as real estate projects takes longer to build. But the development is very viable and is expected to have a $ 900+ million valuation when he is finished. Mr. St. John denies all errors.

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In the meantime, Harri’s lawyers claim that the loan of $ 10 million would be repaid to Harris by January 31, 2025, but that the principal and interest remain unpaid.

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When Harris asked for information about his funds, the respondents were claimed to be “scarce (and sometimes contradictory) information”, the demand claims.