Randall Emmett Slams Jax Taylor for “Threatening” Him Over Money.
Randall Emmett Slams Jax Taylor for “Threatening” Him Over Money.
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00:00 Hello Gays welcome back to new video. Let's start the interesting video.
00:06 Randall Emmett has accused Jax Taylor of threatening him after the Vanderpump Rules alum publicly
00:10 blasted the movie producer for allegedly owing him $75,000 from a loan.
00:15 Emmett claimed that Taylor actually invested $300,000 of his own money into one of his
00:20 unspecified film projects, but when it fell apart, the reality star was out $75,000.
00:26 He then went on and started threatening me that if I didn't pay him the balance back,
00:30 me, personally, not the company, that took the money for a project, that he was gonna
00:34 out me publicly and this and that," Emmett said on Tuesday's episode of his "It's a Racket"
00:39 podcast.
00:40 But Irishman producer claimed he was caught off guard because at the time, he considered
00:44 Taylor to be one of "his" best friends.
00:46 "I was like, 'Dude, we're friends why are you threatening me?' It's disgusting. So then
00:53 he's acting like he doesn't know what happened, he didn't know what was going on," he continued.
00:58 Emmett claimed that Taylor "exaggerated the truth" and that he's "playing a victim," which
01:02 he said is "a bunch of bulls, t. I wanted him to be taken care of and I wanted to get
01:06 his balance of $75,000 back, but I don't owe him that personally," he said.
01:11 "I'm doing that because I always considered him a friend."
01:15 The dad-of-three also claimed that Taylor begged to invest in Emmett's movie projects
01:19 and had previously made a profit after he invested $100,000 and $200,000 in other films.
01:25 "At a time when Jax didn't have a job, he… came to me in a sincere way and just said,
01:30 'Can I invest with you?' And I said, 'Yes, an investment is an investment, it's not a
01:35 loan to me personally, it's an investment.' So he said, 'Can I invest in your films?'
01:41 And he knows as a grown man that an investment is a risk," he said.
01:45 Emmett argued that the bottom line is that Taylor is a grown man whose investment didn't
01:49 work. "The part where Jax goes off and says 'I took and…' tries to keep bashing me
01:53 in the press, like, 'You know that that's not the story, and you know that that version
01:57 is a fairy tale, and that's it,'" he added.
02:00 Taylor previously revealed that he had invested in three movies, but he claimed they were
02:04 bridge loans, which meant that he would get a producer credit.
02:07 "I invest in the movie, I wait until the movie airs and then I would get my money back,"
02:12 Taylor claimed on a May episode of his podcast, When Reality Hits.
02:15 "There's really no losing in this, it's a pretty easy thing."
02:19 The Vanderpump Rules alum said that Emmett had paid him back for his past two loans.
02:23 However, he claimed that Emmett was the one who approached him to invest $100,000 in