Failed film deal leads to allegations of fraud, money laundering.

Indie producers typically raise money from a pool of investors, and look to partner with studios that can market and distribute their projects. But their movies often have trouble finding an audience in a marketplace dominated by big productions. It’s a bit of a gamble, and unlike a corporation, independent producers often don’t have the deep pockets necessary to weather a movie that bombs.

 

See, http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-hollywood-fraud-trial-20150131-story.html#page=1

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