William Sadleir, the ousted chair of indie distributor Aviron Pictures, was arrested Friday and charged with federal crimes on both coasts, alleging that he swindled an investor out of $30 million …
, was arrested Friday and charged with federal crimes on both coasts, alleging that he swindled an investor out of $30 million and defrauded the federal Paycheck Protection Program.
Meanwhile, Los Angeles prosecutors accused Sadleir of taking $1.7 million in PPP loans under fraudulent pretenses. According to prosecutors, he used some of the money to pay his and his wife’s American Express bills, and to make a $40,000 car payment. Prosecutors allege that he went so far as to pose as “Amanda Stevens,” a female employee of the fake entity, in email communications assuring the investor that the media credits had been reserved.Aviron Pictures Hit With Layoffs, Joel Kinnaman Action Movie 'The Informer' in Limbo
In December 2019, BlackRock Multi-Sector Income Trust filed suit in state court in New York, accusing Sadleir and Aviron of obtaining fraudulent lien releases, and seeking at least $3 million in damages.The Los Angeles charges allege that Sadleir obtained PPP loans in April through three Aviron entities, even though he had been removed from the company months earlier.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Aviron Pictures Founder William Sadleir Arrested In $1.7M COVID-19 ScamThe ousted chairman of Aviron Pictures was arrested today on federal fraud charges for using $1.7 million in the federal government’s coronavirus-relief Paycheck Protection Program funds for …
Consulte Mais informação »
Team Whistle Buys Entertainment Marketing Firm Tiny Horse in $30 Million DealTiny Horse is now in Team Whistle’s stable. Team Whistle, the New York-based digital-media company, on Thursday announced the acquisition of Tiny Horse, a marketing services firm focused on o…
Consulte Mais informação »
How to find out and what to do if someone fraudulently filed for unemployment under your nameA Nigerian fraud ring is siphoning millions in unemployment insurance money, according to federal authorities.
Consulte Mais informação »
Moderna execs dumped nearly $30 million of stock after news of promising coronavirus vaccineModerna's stock price skyrocketed as much as 30% after the biotech company announced promising early results for its coronavirus vaccine. Then, two top executives dumped nearly $30 million in stocks.
Consulte Mais informação »
The Old-School Denim Brand Sarah Jessica Parker and Blake Lively Love Has Never Been So AffordableThe old-school denim brand Sarah Jessica Parker and Blake Lively love has never been this affordable.
Consulte Mais informação »
Man who filmed Ahmaud Arbery's death arrested on murder, false imprisonment chargesWilliam Bryan had previously said he was trying to be a 'good Samaritan' by recording the slaying and has been in 'complete shock' since witnessing Arbery's alleged murder.
Consulte Mais informação »