Disney Star Sues Dad for Stealing His Money

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Lab Rats star Billy Unger is suing mad – after his manager (um, his dad, William) allegedly mismanaged money the Disney star earned last year. Oh, and he took out a life insurance policy on Billy too.

According to E! Online, Billy and his dad made a verbal agreement in 2013 for his father to be his manager, business and financial advisor. Business 101 here – business and family don't mix. In the lawsuit documents, Billy claims that his dad "utterly and completely lacks at all times lacked the skill, knowledge, experience to act either as an entertainment talent manager and or business manager."

Billy said his dad mishandled his $400,000 in earnings last year, using funds for his girlfriend's rent, vacations, and living expenses. William also paid for a $1 million dollar life insurance policy on Billy with dad listed as the beneficiary.

Billy's father also, according to the Disney star, took larger commissions than is standard in the industry.

So shady.

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