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Kevin Spacey accused of trying to ‘extort’ $100K to move out of Baltimore home which was bought by real estate investor

Kevin Spacey has been accused of demanding $100,000 to move out of his Baltimore home, although it was sold to someone else.

Published on: Sep 12, 2024, 12:10:21 IST
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It has been reported that Kevin Spacey is demanding $100,000 to move out of his Baltimore home, although it was sold to someone else. Back in July, Spacey’s 9,000-square-foot, five-floor condo in a gated community was foreclosed on and auctioned off. This happened after the actor fell behind in payments because he had no work following #MeToo accusations.

Kevin Spacey accused of trying to ‘extort’ $100K to move out of Baltimore home which was bought by real estate investor (AP Photo/Alberto Pezzali, File) (AP)
Kevin Spacey accused of trying to ‘extort’ $100K to move out of Baltimore home which was bought by real estate investor (AP Photo/Alberto Pezzali, File) (AP)

Real estate investor Sam Asgari (no relation to Britney Spears’ ex-husband Sam Asghari) reportedly purchased the property for $3.24 million. He has now accused Spacey of “extorting” money from him. “He asked me for $100,000 to leave the property on November 17 and I said no but he said that was his final offer,” Asgari told New York Post. “He’s saying I’m bullying him to play the sympathy card. He wants to use the negative publicity to paint himself as the victim. Well, I don’t plan to be a victim of his.”

Asgari added, “We’re going to fight and we’re fight him legally. If he overstays I will sue him for every day he’s stayed.”

‘He’s not giving any reason for why he won’t leave’

Asgari revealed that he already has to pay $40,000 a month for the homeowners fees, taxes, utility bills and other charges. Spacey reportedly tried to block the original sale of the property last week. He paid $5.65 million for the home in 2017.

Emails in the court filings showed that Asgari had offered to pay Spacey $50,000 if he moved out by September 15. Spacey’s camp has said that he could stay until February as long as he did not interfere with the sale. Spacey has accused Asgari of “bullying” him and trying to force him out of the home.

Asgari and his broker are allegedlt not allowed to get past the gatehouse to access the property. Asgari’s associate, Compass real estate broker Sam Sheibani, said that even though they have tried to remain cordial, Spacey isn’t.

“He’s not giving any reason for why he won’t leave, like he’s homeless or something,” Sheibani said.” It’s really odd. On what planet is it OK for you to hold someone’s property and demand crazy money if they want to get it back? It really feels like extortion now, like he’s holding onto the property for ransom.”

Legally, however, Spacey is not squatting. Following a foreclosure auction, the court has to approve the sale before the highest bidder officially signs the deed. This process can take several months. During this time, the former homeowner can stay at the property. A buyer, however, can offer a payoff for the ex-homeowner to leave quickly – known as a ‘cash-for-keys’ offer.

  • Sumanti Sen
    ABOUT THE AUTHOR
    Sumanti Sen

    Sumanti Sen covers everything that’s happening in the US, from politics to entertainment, but her expertise lies in covering crime news. She has comprehensively chronicled the Idaho student murders, the Laken Riley and Iryna Zarutska cases, and the killing of Charlie Kirk, among other incidents. Over the years, she has interviewed several victims/families of victims of crimes seeking justice. She digs up stories that might otherwise remain unheard, and does her bit to ensure that victims and survivors’ voices are heard. Sumanti’s many years of experience also include interviews with Hamas attack survivors and mental health experts, among others. Her coverage of the October 7 Hamas attack on Israel and interviews with survivors of the tragedy, coupled with her other works including the Titan submersible coverage, earned her the Digi Journo of the Quarter award during her first year at Hindustan Times. Sumanti actively tracks missing person cases in the United States, and peruses Reddit and other social media platforms to bring to light cases that frequently elude public attention. She has extensively covered the disappearances of Nancy Guthrie, Thomas Medlin, Beau Mann, and Sudiksha Konanki, among others. When not at work, you will either find her with her novels, or with her beloved rescue pooches.Read More