Hollywood producer who scammed $30 million pleads guilty
Hollywood producer who scammed $30 million pleads guilty
By Chris Dolmetsch | Bloomberg
Hollywood producer William Sadleir will have to give up his 10,000-square-foot Beverly Hills mansion and other assets after admitting to scamming a BlackRock Inc. trust out of more than $30 million it had invested in his business.
The 67-year-old Sadleir pleaded guilty in New York on Wednesday to two counts of wire fraud and reached a forfeiture agreement with…