Close Menu
The Financial News 247The Financial News 247
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
What's On
The ‘Blaze Star’ May Be Days Away From Erupting Into View

The ‘Blaze Star’ May Be Days Away From Erupting Into View

June 2, 2026
Using Purpose-Built AI For Mental Health To Protect You From Questionable Psychological Advice By Ordinary AI Chatbots

Using Purpose-Built AI For Mental Health To Protect You From Questionable Psychological Advice By Ordinary AI Chatbots

June 2, 2026
Apple Update Fixes Charging Bug On iPhone 17 And iPhone Air

Apple Update Fixes Charging Bug On iPhone 17 And iPhone Air

June 2, 2026
Jose Ramirez Can Lead Cleveland Guardians Through Tough June Schedule

Jose Ramirez Can Lead Cleveland Guardians Through Tough June Schedule

June 2, 2026
LA strip club boss war intensifies as chilling new allegations surface

LA strip club boss war intensifies as chilling new allegations surface

June 2, 2026
Facebook X (Twitter) Instagram
The Financial News 247The Financial News 247
Demo
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
The Financial News 247The Financial News 247
Home » LA strip club boss war intensifies as chilling new allegations surface

LA strip club boss war intensifies as chilling new allegations surface

By News RoomJune 2, 2026No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn WhatsApp Telegram Reddit Email Tumblr
LA strip club boss war intensifies as chilling new allegations surface
Share
Facebook Twitter LinkedIn Pinterest Email

The battle over one of Los Angeles’ most popular strip clubs is intensifying, as allegations of drugs, racism and death threats have emerged in the latest lawsuit pinning two industry bosses against each other. 

Last week, The California Post reported on a lawsuit that read like an episode of HBO’s “Euphoria” — alleging Craig Franze, owner of the infamous Body Shop strip club on the iconic Sunset Boulevard, engaged in a “fraudulent bait-and-switch” scheme to seize control of two rival clubs — 4Play and Plan B — from his former “best friend” Mike Galam. 

Craig Franze, owner of LA strip club called The Body Shop, is suing his former friend and business partner Mike Galam.
At the center of the dispute between the two strip club bosses is the ownership of Plan B.

Now, Franze is pushing back, filing a counter suit on Tuesday that alleges a shady business history with Galam, and claims he agreed to purchase only 30% equity interest in both clubs in exchange for a capital investment of $2.5 million. 

Throughout the duo’s business adventures, which began back in early 2014 and came to a screeching halt in 2025, Galam embezzled club funds, abused drugs, skirted liquor laws, and made death threats against Franze, according to the lawsuit. 

Galam alleges Franze took part in a “bait-and-switch” scheme to take full ownership of two gentlemen’s clubs

The lawsuit claims the former friends first went into business together around early 2014, when Galam purchased four nightclubs for Franze to co-own and manage in Florida, but the pair quickly had a falling out. 

They rekindled their relationship during COVID, when Galam asked Franze to help manage the Bare Elegance strip club in Los Angeles, but again, Franze walked away when Galam failed to meet his financial obligations, according to the lawsuit. 

But Galam, who filed a lawsuit against his former business partner last week, claimed Franze was “systematically embezzling” funds while he was the manager at Bare Elegance estimated to be over $1 million to finance his lavish lifestyle. 

However, the two friends seemingly hashed out their differences in 2023. 

Franze, who planned on purchasing the Body Shop, accepted a $1.2 million investment from Galam to help solidify the deal “as a show of good faith” and to repay the debt he was owed, the lawsuit stated. 

Franze claims in his lawsuit that Galam was a heavy drug user who failed to meet his financial obligations.
Franze is the owner of the infamous strip club Body Shop, located on Sunset Boulevard.

Later the pair reached another agreement that would guarantee Franze and his business partner Archie Donovan a weekly salary of $2,500 as long as Bare Elegance was in operation in exchange for Galam to have the rights to invest in 4Play and Plan B, according to the lawsuit. 

The agreement to transfer minority ownership of the two clubs ultimately failed, when Galam allegedly couldn’t come up with the promised $2.5 million investment to Franze and Donovan. 

The lawsuit later acknowledged Galam did deliver the full amount, but never fulfilled the obligations of the $2,500 weekly salary causing the pair to pull out of the deal, the lawsuit states. 

“In light of this conduct, it became clear that Galam was on an uncontrolled and increasingly destructive path,” according to the lawsuit. “Plaintiffs had no choice but to try and separate from him.” 

Galam filed a lawsuit last week seeking full ownership of 4Play and Plan B from Franze.

The lawsuit goes on to detail allegations of sexual abuse, heavy drug use and racism.  

“His conduct included racial harassment of employees, the sale of drugs within the venues, sexually abusing employees, efforts to interfere with Plaintiffs’ employment relationships, and attempts to obtain confidential business information through improper means,” the lawsuit states. 

Franze also alleges Galam has made multiple threats against his life, forcing his family to relocate to a gated community and hire private security. 

“Every occasion on which Franze has encountered Galam in a public setting, Galam has been carrying the bag in which the firearm is concealed,” the lawsuit states. “In the context of Galam’s ongoing campaign of threats and escalating conduct against Franze, this practice constituted a direct and credible threat that substantially and reasonably amplified Franze’s fear for his life and the lives of his family members.” 

Franze alleges Galam was only promised 30% ownership stake in the two clubs.

Galam said the allegations “show their extreme desperation,” telling The Post, “I had a chuckle when I read it, to be honest.

“He’s always responded to his problems by ignoring, fabricating ,distracting and deflecting, gaslighting, blaming other others,” he said in a statement to The Post. “That’s what I saw in his counter-complaint — trying to get everyone to ‘look at this, not that.’”

Galam claims he has “mountains of evidence” against Franze that validate his case, telling The Post that “soon the truth will come out in court.”


Download The California Post App, follow us on social, and subscribe to our newsletters

California Post News: Facebook, Instagram, TikTok, X, YouTube, WhatsApp, LinkedIn
California Post Sports Facebook, Instagram, TikTok, YouTube, X
California Post Opinion
California Post Newsletters: Sign up here!
California Post App: Download here!
Home delivery: Sign up here!
Page Six Hollywood: Sign up here!


Business California crime death threats drugs embezzling lawsuits los angeles Metro strip clubs strippers US News
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related News

Anthropic confidentially files for IPO as it races OpenAI for public debut

Anthropic confidentially files for IPO as it races OpenAI for public debut

June 2, 2026
Fox News star Peter Doocy announces wife Hillary Vaughn is pregnant with third child

Fox News star Peter Doocy announces wife Hillary Vaughn is pregnant with third child

June 2, 2026
Walmart worker claims female boss sent naked photos, texted ‘we are having sex’: suit

Walmart worker claims female boss sent naked photos, texted ‘we are having sex’: suit

June 1, 2026
Saudi Arabian Crown Prince’s  trillion, desert-city dream in tatters as megaproject halted

Saudi Arabian Crown Prince’s $12 trillion, desert-city dream in tatters as megaproject halted

June 1, 2026
Oil prices jump after US and Iran exchange strikes; Exxon exec warns inventories could reach ‘unheard of’ lows

Oil prices jump after US and Iran exchange strikes; Exxon exec warns inventories could reach ‘unheard of’ lows

June 1, 2026
Elite corporate lawyers accused of earning millions on decades-long insider trading plead not guilty

Elite corporate lawyers accused of earning millions on decades-long insider trading plead not guilty

June 1, 2026
Add A Comment
Leave A Reply Cancel Reply

Don't Miss
Using Purpose-Built AI For Mental Health To Protect You From Questionable Psychological Advice By Ordinary AI Chatbots

Using Purpose-Built AI For Mental Health To Protect You From Questionable Psychological Advice By Ordinary AI Chatbots

News June 2, 2026

In today’s column, I examine the emerging use of purpose-built AI for mental health in…

Apple Update Fixes Charging Bug On iPhone 17 And iPhone Air

Apple Update Fixes Charging Bug On iPhone 17 And iPhone Air

June 2, 2026
Jose Ramirez Can Lead Cleveland Guardians Through Tough June Schedule

Jose Ramirez Can Lead Cleveland Guardians Through Tough June Schedule

June 2, 2026
LA strip club boss war intensifies as chilling new allegations surface

LA strip club boss war intensifies as chilling new allegations surface

June 2, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks
New Apple YouTube Page Goes Live With Updated Animation

New Apple YouTube Page Goes Live With Updated Animation

June 2, 2026
NFL Blockbuster Trades Send Players’ Tax Bills Soaring By Millions

NFL Blockbuster Trades Send Players’ Tax Bills Soaring By Millions

June 2, 2026
Anthropic confidentially files for IPO as it races OpenAI for public debut

Anthropic confidentially files for IPO as it races OpenAI for public debut

June 2, 2026
NYT ‘Pips’ Hints, Answers And Walkthrough For Tuesday, June 2

NYT ‘Pips’ Hints, Answers And Walkthrough For Tuesday, June 2

June 2, 2026
The Financial News 247
Facebook X (Twitter) Instagram Pinterest
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact us
© 2026 The Financial 247. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.