Stan Lee’s Fraudulent Manager Winds up in Prison for This Shocking Reason
Stan Lee. The man, the icon, the legend. Where would the comics world be without his genius brain? Lee has given us some of the most incredible superhero flicks of all time including Spider-Man, Iron Man, Thor, Doctor Strange, Black Panther, the Hulk and so many more.
In November last year, the whole world came to a standstill after the news of Lee’s death swept the entertainment world with grief. We’d lost one of the best brains the world has ever had to offer. And now we can only marvel at how Stan Lee’s mind worked. See what we did there?
Without his brilliant mind, we would have never had the Marvel Cinematic Universe. And just imagine how much we would be missing out on! May our hero rest in eternal peace.
Considering Stan Lee’s contributions to the entertainment world, it must have broken a lot of people’s hearts to learn that his manager had allegedly been taking advantage of the old man.
According to the LAPD, the comic book writer’s former manager mishandled his client’s money. Based on the charges leveled against Keya Morgan, he had pocketed $262,000 of Stan Lee’s money, earned from sessions spent signing autographs last year.
The LAPD charged Morgan with elder adult embezzlement, theft, and fraud, along with elder adult false imprisonment.
In a press statement released by the police department, they said that Stan Lee’s $50 million estate had no protection from anyone who’d jump at the opportunity to rip the old man off, inserting themselves in his life just for financial gain. The insinuation here, or rather accusation, was that ripping Stan Lee off was what his manager was doing.
In June 2018, Morgan moved Stan Lee from his residence in Hollywood Hills to a Beverly Hills condominium to assert more control over his client.
A restraining order was then taken out by Lee’s attorney against Morgan, who was later let off as the legend’s manager since he was manipulating him.
He would often make fake 911 calls, leading the man to believe that his life was in danger. For this, the LAPD had arrested him, although he was later released.
During the filing of that restraining order, J.C. Lee (Stan’s daughter) alleged that Morgan had tried to keep her father from seeing his friends and family, in addition to keeping him away from any of the comic creator’s business affairs. Thanks to the arrest in June, Stan Lee was finally free from Morgan’s grasp.
Investigations against Morgan’s criminal activity in running Stan Lee’s affairs were opened in March last year, and that they’ve gone on for this long shows that there’s definitely something that’s amiss.
However, Morgan vehemently denies any and all allegations leveled against him, terming them all as a witch-hunt led by the late chairman’s daughter.
Lee and her father’s lawyer. Speaking to TMZ, the manager insinuated that J.C. must have been jealous of the relationship he had with her father. Apparently, Stan Lee liked him so much, a fact that J.C. couldn’t stand.
More in Lifestyle
Here’s Your Personal Guide to Making Nearly-Perfect Financial Decisions
Everyone makes dozens of financial decisions every day. From paying household utility bills to signing critical documents at work, in some...September 1, 2020
A Drink from the Fount of Investment Master, Warren Buffett
If you’re knee-deep in the world of investment and finances, you’d be well aware that Warren Buffett’s name is synonymous with...August 29, 2020
Financial Tips to Sail Through 2020 Without Drowning
Caution advisory: We don’t mean to scare you, but we just might (only a little bit, though)! When you realize that...August 28, 2020
Hear It From The Horse’s Mouth – Self-Made Millionaires Reveal Their Richness Secrets
Making money isn’t a child’s play. But regardless of how challenging business gets, you can’t give up if you want success....August 25, 2020
Financial Advice You Want to Make Your Clients Stay Away From
Ever heard of someone who didn’t want a luxurious life? Sounds laughable, right? But the truth is that while most people crave to...August 22, 2020
Financial Advice: Is the year 2020 Favorable for Investment in Residential Property?
The year 2020 has taken an unexpected turn, leaving everyone baffled. Individuals had different goals and plans for the New Year,...August 21, 2020
Three Critical Thing You Need to Know to Build a Diversified Investment Portfolio
If you’re new to investing, complex terms like “diversification of portfolio” could leave you a little baffled. Well, take respite for...August 14, 2020
The Year Ahead Looking Bleak? Here Are a Few Investing Tips that will Give You Some Hope
The world is at war against a global pandemic. Over 600,000 people have been lost to the fight. Yet, it doesn’t...August 11, 2020
It’s Never Too Late! Learn How To Build Your Wealth in Your 70s.
As you enter your 70s, it isn’t uncommon to want to change your investment strategies. Long gone are the days when...August 11, 2020