Calvin Harris claims financial advisor stole millions from him

Scottish music producer and DJ, Calvin Harris is accusing his financial advisor of stealing $22.5 million from him.

Allegedly, Thomas St. John convinced him to invest in CMNTY Culture Campus, which is a 460,000 square foot development. The location was meant to feature recording studios, office space and artists’ lounges.

Having been Harris’ advisor for 13 years, the project began development in 2020, going on to run low on funds in 2023, after which St. John asked the DJ for an emergency cash infusion.

Without giving any information, the advisor allegedly only handed over the documents to be signed, following which Harris gave a $10 million loan a $12.5 million equity investment.

His attorneys write, “To this day, Claimants do not know where Claimants’ investment has gone or what it has been used for. In any event, Respondents had no intention of Mr. Wiles actually receiving back the full value of his investment, through distributions or otherwise.”

After Harris’ investment, St. John allegedly disturbed the $11.7 million to an entity owned by him.

The invest “has been, at best, a complete boondoggle, and, at worst, a complete fraud,” add the attorneys.

St. John’s attorney denied any wrongdoing, saying the DJ “actively pursued this development opportunity,” continuing, “Unhappy with the pace of the project, he chose to pursue private arbitration to assert his discontent. It’s no secret that due to interest rates and other market factors real estate projects are taking longer to build. But the development is very much viable and expected to have a $900+ million valuation when completed. Mr. St. John denies any wrongdoing.”

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