Actress Alena Mikhailova details a troubling real estate experience and ensuing financial strain
In a candid online message, actress Alena Mikhailova revealed that she became entangled in a real estate arrangement she now regards as a scam. She says the seller promised payment terms that included a period of interest-free installments stretching over three to four years, but the agreement required an overpayment of 16 percent. Mikhailova admits she did not scrutinize the contract terms carefully, acknowledging that even legal counsel offered little help after the fact.
“This is my problem and I am responsible for it. I also took out a mortgage to buy this apartment. So I was deceived twice. I was deceived myself,” she stated. The remarks underscore a sense of personal accountability, yet also point to an arrangement that she feels was misrepresented at the outset.
At the time of speaking, Mikhailova said she was without a steady job, predicting that demand for her work would rebound in due course. She anticipated renewed invitations to shoots and appearances, but described herself as currently struggling to find support or steady opportunities—her financial concerns mounting as she navigates this setback.
“I’m going to run out of food in three days. I can’t exist like this anymore. I don’t want to,” the artist confided. Her comments highlight a precarious financial situation that can accompany sudden changes in professional visibility and income, amplified by a large, unfulfilled financial commitment.
She also spoke about the emotional toll of the situation, noting that she had relied on borrowing from colleagues and had maintained a public persona that hid the strain she was under. The decision to reveal this struggle marks a pivot away from the “bohemian facade” she previously maintained, as she seeks a more transparent approach to her career and finances.
Earlier reports had noted that Mikhailova’s fees for corporate appearances were a known factor in her professional life, a reminder that income streams for public figures can be highly variable and susceptible to disruption when projects slow or contracts fall through. The episode appears to be shaping into a broader discussion about financial literacy, contract terms, and the pressures facing performers who juggle multiple income sources in uncertain markets. [Source attribution provided in media coverage]