Some of the money was used to make payments to American Express cards belonging to Sadleir and his wife, as well as to pay off a car loan, according to the charge sheet.
A separate criminal complaint filed in New York charged Sadleir with engaging in multiple fraudulent schemes relating to investments in Aviron Pictures and its affiliated entities. Prosecutors accuse Sadleir of illicitly transferring US$25 million in Aviron funds and using much of the money - US$14 million - to purchase a private residence in Beverly Hills.
"He allegedly even went so far as to pose as a female employee of the sham New York based company he created to further his illegal activity," said William Sweeney Jr, the FBI assistant director for New York. Prosecutors said Sadleir also illicitly sold and refinanced US$3 million in assets that had been used as collateral to secure loans to Aviron.The company has only five titles to its name, including
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