Jim Jones Gets Sued

Did you know rapper Jim Jones was suppose to do a movie called "Vampire Life III"? me either, but I'm sure you have heard of his clothing line Vampire Life, right. That seems to be the problem when the investors for the movie gave Jimmy $200K and he can't even return a call or email.

 


TMZ reported, Bitter investors have sued Jones claiming he lined his own pockets with the money that was supposed to be used for the movie. Short story ... Jones was supposed to produce a movie called "Vampire Life III." He was also going to provide the soundtrack for the movie. The investors plunked down $200,000 with high hopes ... hopes that were dashed when Jones stopped returning their phone calls and emails.

 The investors were PISSED when they learned ... Jones allegedly used some of the money to make mix tapes that were supposed to go in the movie but Jones was releasing them independently. The investors were doubly upset when they found out Jones allegedly used the rest of their seed money to produce and release a Vampire-Life clothing line that was supposed to be merchandising for the movie.
Bottom line -- the investors feel like they were had -- the movie with a cool soundtrack and clothing line was a fiction ... the only thing that was real was Jones using their money to profit from the music and the threads.

 Will they get their money back? I'm sure some sort of "payment arrangement" will be made if they got this agreement in writing. LOL. If not, HARLEM for the Win!

 -ForeverMeah Keep up w/ME(ah) -@ForeverMeah