Wednesday, May 21, 2014

Michael Lohan Sued For $500K

Never believe anything Michael Lohan says when it comes to business. That should be the first rule you live by.  This guy has had more schemes to make money, but still relies on his bread and butter of selling stuff to the tabloids. Lohan is being sued by a former investor who claims that Michael had some visionary ideas like a cleaning product and a new reality show but needed money to make it happen. The man suing Lohan said in court papers that Lohan said because Lindsay Lohan is a huge movie star that it is safe to invest with Michael. I guess perhaps he was trying to convince the guy that Lindsay would cover him if things went bad or that producers love the idea of working with Michael because he might bring Lindsay along with him. I love that the guy is suing Michael, but some due diligence would have told him that Lindsay is crappy with money, never has any unless she is meeting guys and no producers want to do her or her family any favors.

25 comments:

Bacon Ranch said...

Obviously the guy had more dollars than cents ;)

Has Michael filed for bankruptcy yet? If not you know that will be his next step.

sandybrook said...

When Michael Lohan finds himself a mark a man should be ashamed of how stupid he is. Good luck getting paid moron, you'll spend more on legal fees and court costs than you will ever see back.

Kat has left the building said...

...or Michael promised the guy that Lindsay would sleep with him but then she refused

Vera L- said...

Is the guy on the R his illegitimate son? (would explain the lack of brains)

Violet said...

It's a bit like my dad saying Violet is a government worker so come invest in my ice cream making business. It just isn't likely to work (not least of all because he died 20 years ago - but possibly even then a better chance of succeeding than Mr L).

Vera L- said...

Violet fwiw, I would totally trust you with my ice cream business

Murphy said...

Obviously this guy never reads anything on the internet.

Violet said...

Ah, Vera but you have no idea what I squander my 'hard earned' civil service salary on.

Vera L- said...

~snerk~

Alita said...

Industrial volumes of that chocolate stuff that sets on top of the icecream? And sprinkles?

Civil service salary would totally cover sprinkles. Good quality ones and all.

I think you spend your money on sprinkles, and I don't want to hear any denials. Shan't believe them.

Alita said...

Sorry but that wasn't OT - Michael Lohan is a massive sprinkles fan. People front them to him because Lindsay's a massive movie star, so it makes sense.

Violet said...

If sprinkles are the same as cocaine, and hot chocolate fudge sauce the same a vodka then I think we're probably all talking the same language.

Violet said...

Oh, and the civil service salary the same as pimp payments.

The Enquirer said...

That whole family is a complete mess.

Sherry said...

LOL Alita. No worries we're with you on this.

texas rose said...

$500K??? That is probably $499 more than he is worth. Ten (maybe 20 now) yacht trips for Lindsay.

QueenAnne Guido said...

Wait someone named Blohan lied. Geez, what is the world coming to?

Shelly Shell said...

I think he's already declared Bankrupcy a few times.

AndrewBW said...

Somebody get me this guy's name and number! I've got several bridges, tunnels, and skyscrapers I'm willing to sell cheap!

derek harvey said...

Can't get blood from a stone...

aemish said...

lol @Andrew

Seven of Eleven said...

The guy really thought Lindsay Lohan would be a good name to be associated with a cleaning product? What will he call it? Yacht Wipes? No Blow?

Rose said...

This guy was just asking for his money to be taken if he believed any of this. He should consider it a lesson learned.

auntliddy said...

This guy was an idiot. My three tear old grandaughter wldnt do business with him. Go ahead, sue him, he has no money, and will prob throw himself on mercy of the court because he is a single father, lol

Zeeky_Boogy_Doog said...

Talking about sprinkles... you know those little marshmallows that live in hot chocolate envelopes? They sell them separately now, in plastic jars. Om nom nom!!