Randall Emmett calls Jax Taylor “disgusting” for “playing victim” and “threatening” him over money drama.
According to Randall, Jax Taylor actually invested $300,000 into one of his projects, but when it “fell apart,” Jax was out $75,000.
“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,” Randall said of his “It’s a Racquet” podcast, according to Page Six.
Randall claims that he was shocked by Jax’s comments as he considered him “one of [his] best friends.”
“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,” he continued.
Emmett then claimed that Jax Taylor “exaggerated” the truth and was “playing a victim.” He added that Jax’s antics are 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,” he said. “I’m doing that because I always considered him a friend.”
The movie producer notes that Jax Taylor previously “begged to invest” in his projects and had made “profits” on other investments but needs to accept that investments don’t always work out as one would hope.
“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.’ So he said, ‘Can I invest in your films?’ And he knows as a grown man that an investment is a risk,” he said.
Randall added that Jax is a “grown man” whose investment “didn’t work,” and he needs to accept it “bottom line.”
“So, mind you, I’m not Sony. Okay, I am not a studio. I’m not Paramount, where I have these huge budgets, where I have insurance that covers things like this. I am Jax Taylor, a family man that you took money from. A family man who I need to support my family. I gotta pay my mortgage. You took from me. It’s not like I’m going out partying, I’m going out doing all this, or I’m just gonna blow this money in the car.”
“I need to feed my family. That is why I made these investments, to make money to support my family. [Investing] is one of [the] things that I do. So the fact that you’re taking from a family man and you think it’s funny, and then now I’m watching you on Instagram, going to Miami, having a new girlfriend, spending money, buying new cars, doing all this. It’s so shitty. Where the fuck is my money? Yeah. And I hate to blow this outta the water, and I said I wasn’t gonna talk about it, but it’s been [hell].”
Vanderpump Rules returns to Bravo in 2024.