NY Times Details Fraud in Financing Stuttering John's "Gotti" Film

Discussion in 'The Howard Stern Show' started by Rupert Pupkin, Dec 13, 2014.

  1. Rupert Pupkin

    Rupert Pupkin That Ass is Attached to Daniela Lopez Gold

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    On Planned Mob Films, Multimillion-Dollar Fraud Is Alleged Before Cameras Ever Roll

    DEC. 12, 2014

    Complete Article > http://www.nytimes.com/2014/12/13/n...ed-before-cameras-ever-roll.html?ref=nyregion


    In September 2010, Fiore Films announced it had acquired the rights to the story of John A. Gotti and his relationship with his father, who died in prison in 2002.

    Later, Fiore Films announced that Mr. Travolta would star as the elder Mr. Gotti, news releases show, with production to begin in fall 2011 and a theatrical release scheduled for late 2012.

    Mr. Keogh said that Mr. Devlin, “recognizing that he needed expert advice because he was a neophyte investor,” had Fiore Films retain Greenberg Traurig throughout the discussions.

    Through the associate, a meeting was set up with the client, a company called Treasures FZE.

    Mr. Devlin and Fiore Films’ general counsel traveled to New Jersey to meet with Mr. Carpanzano, who claimed to represent Treasures FZE. The complaint says that during the meeting, Mr. Carpanzano called the man whom prosecutors describe as his co-conspirator, apparently the head of Treasures FZE, who had access to the financing.

    Mr. Carpanzano told Mr. Devlin and the general counsel that to obtain $200 million in financing, they would have to place $1.3 million in an escrow account in an investment company tied to Mr. Carpanzano, according to the government’s account.

    An agreement was reached, and on July 25, 2011, Mr. Devlin wired about $1.3 million into the account. Shortly thereafter, he, Mr. Carpanzano and the Fiore Films’ general counsel, Michael Froch, boarded a plane to Zurich to close the deal, the complaint says.

    While they were in flight, a banker for Mr. Devlin became aware that someone was trying to transfer the $1.3 million out of the escrow account, the government says. The banker called Mr. Keogh, who ordered the funds frozen.

    When the plane landed in Switzerland, Mr. Devlin was told of the transfer attempt. He confronted Mr. Carpanzano, asking what was going on......


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  2. Caffeinated

    Caffeinated Well-Known Member

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  3. chapped

    chapped Well-Known Member

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    you know what to do

    you know what to do
     
  4. JonnySoul

    JonnySoul Well-Known Member

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    I remember Howard being really irrationally angry about John being involved in this project. I wonder why
     
  5. DarkFriday

    DarkFriday Fired as a MOD...Twice. Gold

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    Shenanigans with Italians and Mob stuff?
    Shocking o_O

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    h89fvh8dfha8hfv9a0 and Bye You! like this.
  6. Beths Arab

    Beths Arab Well-Known Member VIP Gold

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