A major Hollywood executive pleaded guilty on Thursday to two counts of wire fraud in connection with a pair of schemes that allowed him to con his way into $30 million.
William Sadleir pleaded guilty in the Southern District of New York for defrauding an investment fund called the Fund, according to a press release from U.S.
Attorney’s Office. As a result, Sadleir is currently scheduled to face sentencing on May 10, 2022 by U.S. District Judge Paul A Engelmayer.
U.S. Attorney Damian Williams said: "William Sadleir used his talent for selling stories to con a New York investment fund out of over $30 million using a fake company, fake documents, and even a fake identity.
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