Hollywood producer charged with defrauding Covid-19 aid program, stealing from studio ...United Arab Emirates

Prosecutors in New York and Los Angeles have charged William Sadleir, former chair of Aviron Pictures, with defrauding both studio investors and the federal government’s Paycheck Protection Program to pay for personal expenses. Sadleir took more than $25 million from Aviron to buy a $14 million mansion in Beverly Hills, California and other personal expenses, according to a criminal indictment in New York. Another case, brought against him in Los Angeles, accuses the producer of taking $1.7 million in PPP loans – intended for small businesses to survive the Covid-19 pandemic – and using them to make car and credit card payments. Accor

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Hollywood producer charged with defrauding Covid-19 aid program, stealing from studio ...United Arab Emirates

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