10 Movies Made For Terrible Reasons

6. To (Allegedly) Scam Investors - Legends Of Oz: Dorothy's Return

House of the Dead
Clarius Entertainment

Film fans often joke about awful movies being blatant fronts for money laundering, but in the case of 2014's animated film Legends of Oz: Dorothy's Return, that's basically true.

Producers Roland and Ryan Carroll began raising funds for the film in 2006, taking payments as high as $100,000 from a reported 1,800 investors, who were told that the film was expected to gross anywhere from $700 million to $2 billion. Optimistic much?

While raising funds, the pair were reportedly sent cease-and-desist letters from six U.S. states which accused them of violating financial laws, and given that the end product certainly didn't reflect its $70 million budget, it was easy to see why.

In addition to being panned by critics, Legends Of Oz: grossed just $21.7 million - a mere fraction of its budget.

In 2019, a civil lawsuit was filed against the Carrolls and fellow producer Greg Centineo for allegedly scamming their investors.

The suit claimed that the trio actually ended up raising a total of $122 million, and that they pocked more than $50 million before committing the rest to the movie's production budget. However, there's been no further news on the legal proceedings since 2019.

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Stay at home dad who spends as much time teaching his kids the merits of Martin Scorsese as possible (against the missus' wishes). General video game, TV and film nut. Occasional sports fan. Full time loon.