VANDERPUMP Rules notable Randall Emmett has made some eye-opening claims against Jax Taylor and it has to do all with money.
The 52-year-old accused the former VPR star of making threats after losing a $75,000 investment.
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Vanderpump Rules' Randall Emmett made startling claims against Jax TaylorCredit: Getty
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The movie producer claimed Jax threatened him over a lost investmentCredit: Bravo
On Tuesday's episode of Randall's It’s a Racquet podcast, the movie producer claimed Jax invested $300,000 of his own cash into one of his film projects.
However, when the project fell apart, Jax was out $75,000.
Randall claimed on the podcast: “He then went on and started threatening me that if I didn’t pay him the balance back- me, personally, not the company that took the money for a project- that he was gonna out me publicly and this and that."
“I was like, ‘Dude, we’re friends why are you threatening me? It’s disgusting.’ So then he’s acting like he doesn’t know what happened, he didn’t know what was going on,” Randall continued.
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Randall - who faced foreclosure back in May - then added the 44-year-old “exaggerated” the truth and that he’s “playing a victim,” which he said is a “bunch of bulls**t.”
"I wanted him to be taken care of, and I wanted to get his balance of $75,000 back, but I don’t owe him that personally,” the ex reality star said. “I’m doing that because I always considered him a friend.”
Randall also claimed that the dad of one “begged to invest” in his movie projects and had once made a profit of $100,000 and $200,000 from two other investments.
“At a time when Jax didn’t have a job, [he] came to me in a sincere way and just said, ‘Can I invest with you?’ And I said, ‘Yes, an investment is an investment, it’s not a loan to me personally, it’s an investment.’
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"So he said, ‘Can I invest in your films?’ And he knows as a grown man that an investment is a risk,” Randall claimed during the podcast episode.
“The part where Jax goes off and says I took and [tries] to keep bashing me in the press, like, you know that that’s not the story, and you know that that version is a fairytale, and that’s it,” Randall - once married to Lala Kent - added.
The U.S. Sun has reached out to Jax's rep for comment.
MONEY WOES
Back in May, Jax shared that he had invested in three films, but claimed they were “bridge loans,” which meant that he would get a “producer credit.”
“I invest in the movie, I wait until the movie airs and then I would get my money back,” Jax - who is married to Brittany Cartwright - claimed on an episode of his podcast, When Reality Hits.
“There’s really no losing in this, it’s a pretty easy thing.”
While the ex TV personality did credit Randall for paying him back for his two past loans, he claimed that it was the dad of three who approached him to invest $100,000, not $300,000.
All this comes months after Jax paid off his huge $1.6million tax debt after the government put a lien on the Los Angeles mansion he shares with his wife Brittany, 34.
In January, The U.S. Sun exclusively revealed that the star paid off all of his federal and state taxes from 2014 to 2021 in the amount of $1,602,923.46.
Back in December 2020, Bravo announced Jax and Brittany would not return to the reality show.
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Jax was the highest-paid earner on VPR with an alleged salary of $25,000 per episode.
He was accused of “racist and transphobic” comments as fans quickly called for his firing.
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'Why are you threatening,' Randall - once married to Lala Kent - asked Jax of the alleged exchangeCredit: Getty
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This comes months after Jax - here with wife Brittany Cartwright - paid off all of his $1.6million tax debtCredit: Getty Images - Getty
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Jax and Brittany share one son, CruzCredit: brittany/Instagram
