Actor Johnny Depp is suing his old business managers, The Management Group, for $25 million in losses. TMG claims that it was Johnny's own over spending that loss him those monies and more. Johnny claims that TGM concealed the actual state of his finances, driving him deeper and deeper into financial trouble.
The lawsuit filed Friday alleges that the managers failed to pay his taxes, made unauthorized loans and overpaid for other services, like continuing a lease on a home where his mother lived temporarily after she moved out and dishing out a whopping $8 million on security over a three year period.
The company and its owners, attorneys Joel and Robert Mandel, also received $28 million for their services over a period of roughly 16 years while they managed his finances. The group received a cut of 5% from some of Depp's largest films, including the "Pirates of the Caribbean" franchise, "Alice in Wonderland," and the 2005 "Charlie and the Chocolate Factory."
The company "did everything possible to protect Depp from his irresponsible and profligate spending," Kump wrote.
Kump also claims Depp, 53, actually owes The Management Group $4.2 million from a $5 million loan they took out on his behalf.
News of the suit came on the same day that Depp's divorce from Amber Heard, 30, was finalized.
The terms of the divorce call for the "Cry-Baby" star to pay the actress $7 million in a series of installments, which she noted would be donated to various charities. I wouldn't be donating my divorce settlement to charity, especially if my ex hubby had been abusing me! Oh HELL TO THE NO!!! Such bullshit! Amber!!! Now I am thinking that he never abused her. What do you think?
Also, if I thought Johnny was worth like $400 million dollars, what's $25 million when you have $375 million still in the bank? Something is just not right here. Where is Johnny's money?
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