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Aviron Pictures founder William Sadleir, an executive producer on projects including Kidnap, A Private War and Serenity, was sentenced Friday to six years in prison for swindling a BlackRock investment fund out of over 30 million.
A federal judge in New York delivered the sentence after Sadleir pleaded guilty to two counts of wire fraud relating to stealing millions of dollars the fund had invested in Aviron, according to court documents. He was also ordered to pay 31.6 million in restitution.
Sadleir was ousted from the indie film distributor in January 2020 after he and the company were sued by BlackRock for fraud. He was subsequently charged by federal prosecutors and the Securities and Exchange Commission. The 68-year-old producer has also pleaded guilty to money laundering and fraud charges for pocketing nearly 1 million in Paycheck Protection Program loans meant to help Aviron stay afloat during the...
Aviron Pictures founder William Sadleir, an executive producer on projects including Kidnap, A Private War and Serenity, was sentenced Friday to six years in prison for swindling a BlackRock investment fund out of over 30 million.
A federal judge in New York delivered the sentence after Sadleir pleaded guilty to two counts of wire fraud relating to stealing millions of dollars the fund had invested in Aviron, according to court documents. He was also ordered to pay 31.6 million in restitution.
Sadleir was ousted from the indie film distributor in January 2020 after he and the company were sued by BlackRock for fraud. He was subsequently charged by federal prosecutors and the Securities and Exchange Commission. The 68-year-old producer has also pleaded guilty to money laundering and fraud charges for pocketing nearly 1 million in Paycheck Protection Program loans meant to help Aviron stay afloat during the...
- 9/9/2022
- by Winston Cho
- The Hollywood Reporter - Movie News
• We might still be lamenting the fact that Tom Hiddleston will not be appearing in The Avengers: Age of Ultron as the tormented Loki, but at least it frees him up to work with some other actors. Hiddleston has signed on to replace his War Horse co-star Benedict Cumberbatch in Guillermo del Toro’s thriller Crimson Peak, alongside Jessica Chastain, Mia Wasikowska, and Charlie Hunnam. [THR]
• Before taking her seat at the judges table for American Idol, Jennifer Lopez is going micro-budget and a little risqué. She’s signed on to star in The Boy Next Door, a thriller about...
• Before taking her seat at the judges table for American Idol, Jennifer Lopez is going micro-budget and a little risqué. She’s signed on to star in The Boy Next Door, a thriller about...
- 9/7/2013
- by Lindsey Bahr
- EW - Inside Movies
The Mark Gordon Co. and writers-producers Gretchen J. Berg and Aaron Harberts (ABC’s Revenge) have sold two hourlong projects, including one to ABC based on an original idea by actor Josh Duhamel. Both hail from ABC Studios, where the Mark Gordon Co. and Berg & Harberts have deals. The untitled ABC project takes place behind the scenes of a daytime soap and explores the loves, lives, and lunacy at an on-the-bubble series, where the antics of the cast and crew are crazier than any of the plot lines they broadcast. Set during a time when the daytime drama genre is faltering, this larger-than-life “workplace family” fights a never-ending, desperate battle to keep their show on the air, their egos secure, and their relationships intact. Duhamel can certainly draw on personal experience, having started off on the ABC soap All My Children. He co-created the show with Berg and Harberts, who will write the script.
- 11/13/2012
- by NELLIE ANDREEVA
- Deadline TV
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