Johnny Depp: My ex-managers took out $40,000,000 loans behind my back!

Johnny Depp had no idea his former management team used his assets to secure $40 million worth of loans to cover up years of mishandling his money according to new legal documents.

The Pirates of the Caribbean actor is suing TMG, his ex-business managers, for fraud and he says the damage was astronomical. In documentss, Johnny says TMG started taking out the loans in 2006. The largest was $22,000,000 from City National Bank and Depp says the real screwjob was using HIS properties as collateral.

Besides the loans, Depp says, in the suit, TMG played fast and loose with his cash including the time they forgot to cancel the lease on a hospice home for his ailing mother. He says that cost him $350,000.

One of Johnny's neighbors might be thrilled with his managers though. In documents, he says TMG paid the neighbor $3,000 per month starting in April 2007 to resolve a property dispute. Depp's pissed they never lifted a finger to see if there was even a real issue, they just kept paying to the tune of $320,000.

According to the documents, Johnny only discovered there was a problem when TMG told him in 2015 he would have to unload a chunk of his French property just to "remain solvent."

Depp's suing to get back at least $25,000,000 from TMG.