‘Shark Tank’ Investors Kevin O’Leary and Kevin Harrington Are Slapped with a Lawsuit

Star of the hit show “Shark Tank,” Kevin O’Leary and former star Kevin Harrington, have been sued for fraud.

Both men are facing allegations of fraud according to a lawsuit that was filed by 20 people from across the U.S.

The men are being accused of scamming and manipulating hopeful entrepreneurs.

According to court documents obtained by ET, O’Leary and Harrington are accused of working together to defraud people through the alleged use of “fictional executives, false promises of financial success, and even illusions of being on the show Shark Tank itself.”

The lawsuit specifically notes that the two allegedly employed a “predatory fraud scheme to induce inventors and entrepreneurs to hire one of two companies, InventureX or Ideazon.”

The entrepreneurs allege that they had been “promised that they would receive help with crowd funding to start their businesses” if they invested financial resources into them.

After the entrepreneurs paid InventureX and Ideazon they claim that they didn’t receive any of the help that had been guaranteed.

The lawsuit also claims that the companies may not even really exist and that they could be a “front” for scamming upstart investors.

In documents were first reported on by TMZ reveal that Harrington is “a partner and primary executive of InventureX,” and O’Leary allegedly “endorsed and recommended” the same two companies.

The lawsuit asks for Harrington and O’ Leary to pay for damages, economic loss, emotional distress and legal fees.

O’Leary has been a part of Shark Tank since 2009 and Harrington appeared regularly in the first two seasons of the show.

Disclaimer: We have no position in any of the companies mentioned and have not been compensated for this article.