Overview
- In a new E! News interview, he says a venture he launched left him in double‑digit millions of debt after he was defrauded.
- He credits Nikki Reed with negotiating their exit from the deal during the crisis.
- To repay creditors, he says the couple sold houses, paintings, cars and watches.
- He points to Brother’s Bond Bourbon, a whiskey brand he co‑founded with Paul Wesley, as a healthier business now.
- The reports rely on his account in the interview and a 2021 Instagram post, with no independent confirmation cited.