In court today: Flop filmmakers who met in Scientology face 75 years for Ponzi scheme - 2016-11-15

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F347.png In court today: Flop filmmakers who met in Scientology face 75 years for Ponzi scheme November 15, 2016, Tony Ortega, Underground Bunker

(Michelle Seward and Dror Soref)

In Los Angeles Superior Court today, a preliminary hearing is scheduled in the criminal prosecution of two defendants with ties to Scientology who face 75 years in prison each for a bizarre illegal scheme to fund a failed 2009 Simon Baker film, Not Forgotten.

Director Dror Soref and his insurer, Michelle Seward, face 72 criminal counts for running a Ponzi scheme by convincing investors to put up money for the movie that raised about $21.5 million, some of which was used to pay earlier investors. As the Los Angeles Times described it last year...

Wikipedia cite:
{{cite news | author = Tony Ortega | title = In court today: Flop filmmakers who met in Scientology face 75 years for Ponzi scheme | url = https://tonyortega.org/2016/11/15/in-court-today-flop-filmmakers-who-met-in-scientology-face-75-years-for-ponzi-scheme/ | work = Underground Bunker | date = November 15, 2016 | accessdate = August 21, 2017 }}