Lawsuit dogs Shark Tank stars

Advertisement

Advertise with us

Kevin O’Leary, star of Shark Tank, and co-star Kevin Harrington are being sued by several people who claim the famed businessmen were part of a scam to defraud entrepreneurs.

Read this article for free:


or

Already have an account? Log in here »

To continue reading, please subscribe:

Subscribe and receive a limited-edition Free Press branded hat or tote.

Digital Subscription

One year of digital access for only $205*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles

*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.

To continue reading, please subscribe:

Add Free Press access to your Brandon Sun subscription for only an additional

$1 for the first 4 weeks*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles
Start now

*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.

Hey there, time traveller!
This article was published 08/09/2021 (1800 days ago), so information in it may no longer be current.

Kevin O’Leary, star of Shark Tank, and co-star Kevin Harrington are being sued by several people who claim the famed businessmen were part of a scam to defraud entrepreneurs.

In a 102-page lawsuit filed in Los Angeles Superior Court, over 20 plaintiffs allege the crowdfunding companies InventureX and Ideazon, which touted O’Leary and Harrington’s involvement, took advantage of them through the alleged use of “fictional executives, false promises of financial success, and even illusions of being on the show Shark Tank itself.”

According to the lawsuit, InventureX and Ideazon claimed to help up-and-coming entrepreneurs launch their businesses but were “facades designed to lure in unsuspecting victims, extract their money and then virtually disappear under the guise of delays, minimal to no performance, and no results.”

“Each and every victim’s story is virtually the same,” the complaint adds. “Relying on these Shark Tank powerhouses, Plaintiffs bought into the dream, paid their money, and then went through agonizing months, if not years, of frustration and distress of trying to get their products launched and businesses started with no results.”

In a statement provided by his lawyer Andrew B. Brettler, O’Leary denied knowing about the alleged scheme, saying that “it appears that someone has been using my name and likeness without my knowledge, permission, or consent.”

“I’ve never heard of any of these purported companies and have never conducted business with any of the plaintiffs who filed this suit,” he added. “Obviously, I want to get to the bottom of it too, as my rights have been violated. We will make sure that the bad actors are held accountable.”

USA Today has reached out to Harrington’s rep for comment.

Tre Lovell, a lawyer representing the plaintiffs, responded to O’Leary’s comment, saying videos of the Shark Tank star discussing the companies in question suggest otherwise.

“The statements of Mr. O’Leary came directly from videos where he discusses both InventureX and Ideazon, and specifically endorses principals (sic) of each company, by name,” Lovell said in a statement. “The transcriptions of each video are in the complaint.”

Lovell added that Harrington was “prominently featured as a partner on the IventureX website” and that plaintiffs were provided personalized videos of Harrington saying he was told about their product and that he was “in” and wanted to “partner up” with them.

— USA Today

Report Error Submit a Tip

More Stories

Long-awaited supervised drug consumption site opens quietly after months of loud opposition

Malak Abas 11 minute read Preview

Long-awaited supervised drug consumption site opens quietly after months of loud opposition

Malak Abas 11 minute read Tuesday, Aug. 11, 2026

After three years of planning, delays and constant controversy, Manitoba’s first supervised drug consumption site quietly opened its doors Tuesday morning.

Read
Tuesday, Aug. 11, 2026

Transcona councillor faces new sex assault charge

Erik Pindera 5 minute read Preview

Transcona councillor faces new sex assault charge

Erik Pindera 5 minute read Tuesday, Aug. 11, 2026

A city councillor charged with sex assault earlier this year faces new sex charges in a separate incident, in a case Winnipeg’s mayor called “deeply concerning.”

Transcona Coun. Russ Wyatt, 56, was charged Monday with sexual assault and administering a noxious thing with intent to aggrieve or annoy over an October 2023 incident.

Allegations of a 2023 assault were reported to the Winnipeg Police Service in April, a month after Wyatt was charged with sex assault in relation to a 2025 incident.

In the 2023 incident, a man told police he become acquainted with Wyatt through a website in July of that year and said they met in person on more than one occasion.

Read
Tuesday, Aug. 11, 2026

Talent of Blue Bombers’ Ceresna shines through all the way from Div. 3

Taylor Allen 5 minute read Preview

Talent of Blue Bombers’ Ceresna shines through all the way from Div. 3

Taylor Allen 5 minute read Yesterday at 7:45 PM CDT

Jake Ceresna looks exactly how you’d imagine a professional football player would.

The 6-5, 290-pound defensive end for the Winnipeg Blue Bombers has a hulking, broad-shouldered frame built on a pair of tree-trunk legs.

But considering where he came from, it’s rather remarkable that he’s been giving opposing quarterbacks nightmares in the pros for a decade.

For starters, he hails from New Fairfield, Conn. The list of pro football players from the town of approximately 14,000 people starts and ends with Ceresna.

Read
Yesterday at 7:45 PM CDT

Fun drop-in last chance to mentor grads of inner-city school with excellent track record

Maggie Macintosh 5 minute read Preview

Fun drop-in last chance to mentor grads of inner-city school with excellent track record

Maggie Macintosh 5 minute read Yesterday at 2:00 AM CDT

Summer break may be in full swing, but Gonzaga Middle School invited graduates back to the building for water balloon fights and academic, employment and support services this week.

Roughly 30 alumni, including teenagers and twentysomethings, stopped by the grades 6-8 school in North Point Douglas on Tuesday afternoon. They were greeted with slime-making kits, ice cream sundaes and staff ready to answer questions.

The initiative — the final grad drop-in organized this summer — is a new extension of the mentorship and holistic programming baked into the funded independent school’s mandate.

“We have 22- and 23-year-olds coming back and checking in and asking for help on their university papers,” principal Rex Ferguson-Baird said.

Read
Yesterday at 2:00 AM CDT

‘Exciting news’ on rail relocation coming

Carol Sanders 4 minute read Preview

‘Exciting news’ on rail relocation coming

Carol Sanders 4 minute read Tuesday, Aug. 11, 2026

Premier Wab Kinew is expected to make an announcement concerning long-awaited Winnipeg rail relocation later this week.

Former federal transport minister and Manitoba MP Lloyd Axworthy, who Kinew tasked in October 2024 with leading a two-year rail relocation feasibility study, confirmed there would be an announcement Wednesday.

“We’ve had this rail study group which I’ve chaired and we’ve been responsible for developing recommendations,” Axworthy said Monday.

The longtime champion for Winnipeg rail relocation, who is vacationing at his cottage on Lake Winnipeg, deferred to the premier’s office for information, but confirmed he will attend Wednesday’s news conference.

Read
Tuesday, Aug. 11, 2026

Western Manitoba communities begin return to normalcy after deluge

Alex Lambert 5 minute read Preview

Western Manitoba communities begin return to normalcy after deluge

Alex Lambert 5 minute read Yesterday at 10:51 PM CDT

BRANDON — Municipal officials in Western Manitoba say their communities are slowly getting back to normal after severe flooding earlier this summer.

“A lot of people have gotten to the point where it’s no longer a disaster. It’s just really annoying and has to be dealt with,” Swan Valley West Reeve Bill Gade said.

There are still a lot of bridges and roads that are out of commission due to two rounds of flooding in June and early July, he said, but noted residents are able to go about their lives without much interruption.

“People have, for the most part, got their houses cleaned up to the point where they can go to work and not worry about them during the day,” Gade said.

Read
Yesterday at 10:51 PM CDT