SINGAPORE - Well-known aesthetics doctor Georgia Lee is being sued by a movie and TV producer who claims she had been misled into investing $2 million in Dr Lee's brand of skincare products in return for a 5 per cent stake.
In wooing Ms Hatta's investment, Dr Lee painted a rosy picture of the three companies -DRGL, DRGL Spa and CIEL - she had set up to package, market and sell her line of DrGL products, said lawyer Wendell Wong in his opening statement. Ms Hatta said she invested $2 million after Dr Lee claimed to have invested about $14 million in the companies, that sales have exceeded $5 million, and that the companies were worth $40 million. There was no formal contract, but Ms Hatta claimed there was a mutual"understanding" that she would be consulted on key business decisions.However, financial statements revealed that total sales from 2009 to 2012 only amounted to $1.