Home Hollywood SEC Fees Hollywood Film Government With Fraud

SEC Fees Hollywood Film Government With Fraud


The Securities and Exchange Fee on Friday filed fraud charges versus a Hollywood movie govt for thieving revenue from a BlackRock Inc. fund.

The regulator alleges that William Sadleir diverted some $25 million from the BlackRock Multi-Sector Money Trust, a approximately $600 million fund that financed his film distribution holding business, Aviron Team. The SEC mentioned Mr. Sadleir siphoned the income into a phony corporation he produced.

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