’70s Show’ Star–I Got Nailed In Real Estate Scam!
’70s Show’ Star — I Got Nailed in Real Estate Scam!
Danny Masterson — who played Hyde on “That ’70s Show” – tried to dabble in a little real estate back in 2007 … but claims he was duped into holding the bag on a $3.2 million condo that was never even finished.
Masterson — who considers himself “unsophisticated” in real estate — claims he went into business with a company called TomatoBank … and agreed to co-sign a $3.2 million loan for a fancy 4-story condo in Toluca Lake, CA in 2007.
But according to docs filed in L.A. County Superior Court, Masterson claims the builders ran into some permit issues — so TomatoBank secretly approved a 3-story structure instead … all without telling Danny.
Of course, Masterson eventually found out — and now claims he’s screwed because he’s on the hook for a $3.2 million loan … but only has an unfinished 3-story building to show for it … which obviously doesn’t cover his debt.
So, Danny is asking the court to force TomoatoBank to cover his losses — and wants his loan agreement tossed in the garbage.
Source: TMZ
Read the original review at: ’70s Show’ Star–I Got Nailed In Real Estate Scam!