October 23, 2005
Maybe This Could Be A Movie?
The US Attorney for the Central District of California has indicted an individual for an alleged investment scam of claiming to be producing a television series on Homeland Security. In a press release here "the owner of Steeple Entertainment, was named in a 23-count indictment that accuses him of mail fraud, wire fraud and money laundering in relation to a scheme that raised more than $5.5 million from at least 70 investors." A second defendant, the CFO, is pleading guilty. (Isn't it interesting how the CFO's tend to get the best deals --could it be because they have the most information to offer the government?)
According to the press release, "As part of the alleged scam, [the indicted individual] falsely claimed that the 'DHS' television series had the endorsement of President George W. Bush and the real Department of Homeland Security, and that Steeple had 26 episodes of 'DHS' in post-production."
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