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‘RHOA’ Peter Thomas Slapped with $150K Lawsuit For Defrauding Investor—Court Papers Reveal Bravo Spin-off Show!

Nancy Zhāng is an Entertainment Blogger for All About The Tea. Nancy covers hot topics, recaps and celeb news. She loves to multi-task as a writer and a private chef. She received a B.S. in Mass Communications from LSU. Nancy's married and the proud mom of 2 German Shepherds.

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Peter Thomas Slapped with $150K Lawsuit For Defrauding Investor

It’s history repeating for Real Housewives of Atlanta star, Cynthia Bailey’s soon-to-ex husband, Peter Thomas!

AllAboutTheTea.Com has obtained legal documents that show, Thomas has been slapped with a new lawsuit on Thursday, in a North Carolina court.  

The lawsuit alleges Peter scammed, Tony Taylor, an Atlanta-based investor, out of more than $150,000 for a deal involving a Charlotte-based nightclub. 

Peter celebrated the grand opening of his Charlotte-based nightclub, Club One, in April and fellow RHOA househusband, Todd Tucker, attended the event.

 

Taylor maintains Peter convinced him to invest the money into a Charlotte nightclub — but the deal did not materialize as promised.

The lawsuit details how Taylor was told by Peter, he would invest between $2 to $3 million of his own money into the new club. Reportedly Peter claimed Bravo would film at the new club — the reality star supposedly,

[otw_shortcode_quote border=”bordered” border_style=”bordered” color=”#3366ff”]“arranged with producers of the Bravo network series ‘Real Housewives of Atlanta’ to have multiple segments of different episodes of the television show filmed at Club 1.”[/otw_shortcode_quote]

Allegedly Peter told Taylor, he was getting a spin-off show called “What’s Peter Doing Now,” that would focus specifically on his nightclubs and investments in the Charlotte-area, which would eliminate the need for marketing and advertising.

In the court filing, Peter promised Taylor would take an “active role in management from time to time as Thomas was required to travel extensively.”

Taylor asserts Thomas contacted him several times about investing in Club 1 and eventually the two struck a deal — $150,000 investment in exchange for 15% ownership. Peter promised Taylor access to the books at “any time,” and routine updates.

Taylor says he was defrauded — stating he has “nothing evidencing an ownership or equity interest in Club 1,” and is now suing for fraudulent inducement, securities fraud, unjust enrichment, constructive fraud, obtaining property by false pretense and violation of punitive damages.

Taylor’s requesting his money back plus a jury trial.

As reported, Thomas was also slapped with a $100,000 lawsuit in 2014 after he “breached a lease agreement by failing to pay rent and other fees including late fees, bank charges, real estate property taxes and unpaid utilities,” for the former Atlanta-based, Bar One, as well as on property used for Bailey’s modeling agency and talent company.

 

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