The Good Samaritans

[bar1080]

Ah, that $30m Hollywood scam had CV-19 angle.

"Aviron Pictures Founder William Sadleir Arrested In $1.7M COVID-19 Scam"

"The ousted chairman of Aviron Pictures was arrested Friday on federal fraud charges for using $1.7 million in the federal government’s coronavirus-relief Paycheck Protection Program funds for his personal use."

"According to the affadavit, authorities have linked Sadleir to the three PPP loan applications made on behalf of the three Aviron entities. All three applications claimed each company had 33 employees and monthly payroll expenses of well over $200,000. On April 30, JPMorgan Chase approved the loan applications, and the next day money was wired to nearly-empty JPMorgan Chase bank accounts associated with the three entities."

"DOJ said Sadleir allegedly obtained the forgivable loans by falsely representing that the funds would be used to support payroll expenses, when, in fact, Sadleir intended to use and did use a significant portion of the funds for personal and non-business-related expenses."

"Following a late 2019 lawsuit alleging impropriety in the company structure, Sadlier exited from his role as the operating manager of Aviron Pictures, a subsidiary of Aviron Group, in January of this year. The feds said people associated with Aviron told investigators that Sadleir currently had no role in Aviron Pictures or the related entities. The affidavit notes that Aviron Group, Aviron Licensing and Aviron Releasing are not engaged in any ongoing operations."

https://deadline.com/2020/05/coronavirus-crime-aviron-pictures-william-sadleir-arrested-1202941935/