Michael Jackson’s Finances at the center of Civil Suit
A year after Michael Jackson was acquitted of child molestation charges, a lawsuit by a former associate is headed for a trial that will put Jackson’s chaotic financial dealings in the spotlight. The pop star is not expected in court but he will be seen through videotaped depositions
Jackson is being sued by F. Marc Schaffel for $3.8 million in what Schaffel says are unrepaid loans and expenses, unpaid salary for work on a charity record and his share of proceeds from two TV specials that were produced to bolster Jackson’s battered reputation after child molestation allegations surfaced.