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Calvin Harris Accuses Financial Adviser Of Stealing $22.5 Million For Dubious Real Estate Venture

The chart-topping producer calls the deal a complete fraud as new legal documents surface. Calvin Harris, the internationally renowned DJ and producer behind hits like ‘Summer’ and ‘One Kiss’, is making headlines for reasons far removed from the dancefloor. According to multiple reports and legal filings, Harris has accused his former financial adviser of misappropriating a staggering $22.5 million to fund a Hollywood-based real estate development without his full understanding or consent.

The Allegations

According to arbitration documents filed earlier this month, Harris claims that Thomas St. John, a financial consultant who previously worked with him, used Harris’s funds to bankroll a high-profile real estate project known as CMNTY Culture Campus. The development, which was pitched as a 460,000-square-foot creative campus in Hollywood, was marketed as an ambitious hub for music studios, artist lounges, and recording spaces. However, Harris says he never knowingly agreed to invest in the project.

“This investment has been, at best, a complete boondoggle, and, at worst, a complete fraud”

Harris states in legal documents, as cited by Variety and People.
Calvin Harris Accuses Financial Adviser Of Stealing $22.5 Million For Dubious Real Estate VentureCalvin Harris Accuses Financial Adviser Of Stealing $22.5 Million For Dubious Real Estate Venture

What Went Wrong

Harris allegedly provided a $10 million loan and a $12.5 million equity investment, totalling $22.5 million, to the project. Legal filings claim that much of this occurred through DocuSign, often with vague or misleading context. The British artist says he believed the funds were being managed for standard financial growth, not funneled into an unproven and speculative real estate development.

According to reporting by the New York Post, Harris became aware of the unauthorized financial activity only after his team launched an internal audit. The audit revealed that money intended for personal investments had instead been transferred into a business entity tied to the real estate project, without any formal agreement.

To complicate matters further, the $10 million loan had a repayment deadline of January 31, 2025, which reportedly passed without payment. Meanwhile, the real estate project pivoted from its original music industry focused use into a broader residential concept, allegedly without Harris’s approval.

Developer Denies Allegations

Representatives for St. John, including attorney Sasha Frid, deny all wrongdoing and claim the CMNTY Culture Campus project is viable, having received over $100 million in funding from multiple investors. Frid told People that the project has been valued at over $900 million and suggested that Harris’s claims are “misguided.”

As the case moves forward in arbitration, the situation raises broader questions about transparency and accountability in celebrity financial management. Harris, who has amassed a fortune from years of international touring and production, is just the latest high-profile artist to become entangled in a financial dispute of this magnitude.

EDMTunes will continue to monitor this story as more information becomes public.

Photo credit: Daily Mail
Sources: Variety, People, NBC News, Digital Music News, Bisnow, New York Post

The post Calvin Harris Accuses Financial Adviser Of Stealing $22.5 Million For Dubious Real Estate Venture appeared first on EDMTunes.

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