Jim Jones Sued For Embezzling $200,000 Of Vampire Funds
Resentful movie investors are now suing Jim Jones for stealing capital from a Vampire flick. TMZ reports that the rapper lined his own pockets with the money that was supposed to go toward film production.
Jones, who was supposed to produce a movie called Vampire Life III and provide the soundtrack, stopped returning phone calls when investors put down $200,000 in movie funds. Jones has allegedly used some of the money to finance independent mixtapes.
Reportedly, Jones used the remaining funds to produce and release a Vampire Life clothing line that was supposed to be allocated for the movie merch.
The investors are seeking $700K minimum. Calls to Jones have not yet been returned.