By Carolina Bolado (September 14, 2021, 5:42 PM EDT) — A Florida federal judge on Tuesday sentenced one of the masterminds of a $60 million fraud scheme to 13 years in prison for helping steal funds from investors and producers seeking financial backing for movie and theater productions.
In a proceeding held over Zoom, U.S. District Judge Raag Singhal sentenced Benjamin Forrest McConley, 38, to 156 months in prison with three years of supervised release after he pled guilty to stealing money from film and theater investors to fund his lavish lifestyle. The judge also entered a $69 million forfeiture judgment against McConley.
The sentence matched the request from federal prosecutors, who…
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!