Bruce Willis Sues Over Rubber Check
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Bruce Willis has learned a valuable lesson about rubbers.
Willis is suing a Malaysian company and the guys who run it after investing $2 million in what the suit calls "a revolutionary technology to produce devulcanised 'green rubber.'" The product is non-toxic and recyclable.
Short story -- Willis claims Elastomer Technologies and The Petra Group, run by HRH Prince Imran Ibni Tuanku Ja'afar and Datuk Vinod B. Sekhar (both common spelling) guaranteed that it was a "no risk" investment. In the lawsuit filed in Federal Court, Willis says he had a "put option," meaning he could demand his money back at any time.
Willis says he got $1,1000,000 back and is still owed $900,000.