Scottish producer and DJ Calvin Harris (real name Adam Wiles) has accused his financial advisor of stealing $22.5 million to fund a Hollywood real estate project.
The allegations:
Harris alleges that in 2023 his advisor, Thomas St. John, asked him to help fund the CMNTY Culture Campus real estate project in Hollywood, which had run low on funds.
The project was to be a 460,000 square foot development with recording studios, office space and artists’ lounges.
Harris’ attorneys allege St. John asked the DJ to sign documents without providing information on the project.
Harris reportedly made a $10 million loan to the project and a $12.5 million equity investment.
Money trail:
Shortly after, Harris alleges that St. John caused the company to distribute $11.7 million to an entity St. John controlled, which his lawyers have denied.
Harris’ lawyers claim their client has no idea where his investment went and what it’s been used for.
Redevelopment:
In 2024, project developers opted to pursue a residential project on the site of the proposed CMNTY Culture Campus, citing “shifting market dynamics.”
St. John’s lawyers claim Harris is one of several investors in the 750-apartment project, with attorney Sasha Frid telling Variety that Harris “actively pursued this development opportunity.”
Overdue payments:
Harris’ team allege the $10 million loan was made on the condition it was repaid by the end of January 2025.
Both principal and interest remain unpaid.
St. John resigned as Harris’ financial advisor in April.