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Erik Kabik/Retna/ErikKabik.com
Eva Longoria Parker unveils her Madame Tussauds wax figure at Eve in MGM CityCenter’s Crystals on Oct. 13, 2010.
Tuesday, Jan. 11, 2011 | 3:49 p.m.
"Desperate Housewives" co-star Eva Longoria is being sued for at least $4 million over her financially troubled Las Vegas nightclub at CityCenter on the Strip.
A former partner in the Beso club, Mali Nachum, claims Longoria violated California usury laws.
The suit was filed Monday in Los Angeles County Superior Court.
Longoria lent Nachum $1 million for the venture in 2009 and was promised repayment at 8 percent annual interest and a large stake in the club.
But according to the suit, Nachum discovered in December that the terms violated California usury laws.
He estimates damages of at least $4 million and is seeking three times that figure.
A statement from Longoria's publicist calls the suit meritless and blames her former partners for forcing the nightclub into bankruptcy protection last week.
I have trouble understanding why successful entertainers and sports stars are so easily persuaded to invest in business ventures totally outside their area of expertise.
My guess is that most such stars are too busy working in their own field, and therefore give their investment advisors carte blanche. I suppose greed creeps its way in to the equation as well.
Just look at the bad publicity and unnecessary stress that results from such risky ventures.
Without meaning to be too harsh, these stars are just as gullible as dentists in falling for the stupidest of "investment" schemes.
I hope this Mali Nachum has a better lawyer THIS time around than the one hired when this deal originally went thru when receiving that million dollars in '09.
And it took ONE YEAR to find a discrepancy????
Yeah, right......
How is this related to the attempted takeover of the premises several months ago?
Nachum is gonna lose.