A “once-in-a-lifetime” business venture between Shark Tank star Daymond John and a pair of entrepreneurs turned ugly after the duo allegedly absconded with “at least tens of millions of dollars” in commissions they owed the apparel-and-branding mogul, according to court filings obtained by The Independent.
In a lawsuit filed April 3, John, the FUBU founder, accuses product sourcing experts Lisa Kornman Avila and Rashmi Budhram of making off with his money after he cut them in on an opportunity to make vast sums by selling PPE to state governments during the early days of Covid.