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View Full Version : William Sadleir busted for fraud of PPP loan




Pauls' Revere
05-22-2020, 10:17 PM
https://www.yahoo.com/entertainment/william-sadleir-ousted-aviron-pictures-193108296.html

William Sadleir, the ousted chair of indie distributor Aviron Pictures, was arrested Friday and charged with federal crimes on both coasts, alleging that he swindled an investor out of $30 million and defrauded the Paycheck Protection Program.

Prosecutors in New York alleged that Sadleir transferred more than $25 million from the company, and used much of the money for personal expenses, including to buy a $14 million mansion in Beverly Hills.

https://variety.com/2020/biz/news/william-sadleir-aviron-pictures-ppp-arrest-1234614600/

William Sadleir, Ousted Aviron Pictures Chair, Arrested in Alleged $30 Million Fraud