Veritas Trust

Cher Sues Financial Firm, Claiming $800,000 in Losses

Cher has sued a financial management partnership she claims defrauded her out of more than $800,000 in investments that went belly-up. The suit was filed Wednesday in Los Angeles County Superior Court on behalf of Veritas Trust, of which the singer is the sole trustee. It targets SAIL Venture Partners and related firms and accuses them of bundling Cher’s money…