Spector Sues Agent For Embezzlement
Record producer PHIL SPECTOR, who is awaiting trial for murder, is suing his financial agent MICHELLE BLAINE, claiming she stoles thousands of dollars from his bank accounts.
Spector, 64, filed suit in Los Angeles Superior Court on Thursday (22SEP05), alleging Blaine admitted to him that she had taken money from his accounts and had spent it with her son.
The music mogul alleges Blaine took out a loan from his pension plan to use in two companies, BT Productions and 3:15 Productions, which she co-owned with a second defendant, NORI TAKEI.
Spector claims he never gave her authorisation to take out a loan and only discovered Blaine's alleged dealings on Monday (19SEP05) during a conversation with his accountants.
The suit also states Blaine used cheques and a debit/cheque card from Spector's accounts to withdraw money.
Spector is demanded repayment of the money and unspecified damages.
Spector, who has worked with top stars, including IKE and TINA TURNER, GEORGE HARRISON and JOHN LENNON, has pleaded not guilty to the fatal shooting of actress LANA CLARKSON in his Alhambra, California mansion in February 2003 and is on $1 million (GBP555,000) bail as he awaits trial.