Wall Street

Movie Producer Heads To Prison For Taking $60 Million From Investors And Buying Cars, Designer Clothes

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Knewz

By Alex Lang New York (Knewz) — A movie producer will spend the next two decades in federal prison for his role in a scam that took $60 million from investors. A Florida federal judge sentenced Jason Van Eman to more than 20 years in prison for the scam. He was also ordered to repay $9 million in restitution. A federal jury previously convicted Van Eman of conspiracy, wire fraud and money laundering. Federal prosecutors said Van Eman made himself out as a film producer and financier. He offered to fund independent motion pictures, Broadway shows, music festivals and other productions. Van Eman…

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