A Hollywood Fraud

Number 26979
Subject Fraud
Source CBS News
State
Year 2014
Publication Date Feb. 18
Summary CBS News investigated a securities scam by movie producers who convince Americans across the country to invest their savings in risky movie investments with the promise of huge returns. The story originated with a tip from a longtime law enforcement source about how people were being ripped off to the tune of hundreds of millions of dollars for years through movie investment scams.
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