• Man pleads guilty in film fraud case
    April 20,2013

    A man has pleaded guilty in Vermont federal court to charges connected to a scheme to defraud hundreds of investors in a movie.

    Louis Soteriou of Middlebury, Conn., pleaded guilty as part of a plea deal in Rutland on Thursday to charges of money laundering and conspiracy to commit mail fraud.

    The Burlington Free Press reported that prosecutors agreed to drop 16 other counts against him.

    Prosecutors said people invested $28 million in the film, called “Birth of Innocence.” They said Soteriou had partnered with Vermont filmmaker Malcolm “Mac” Parker on the deal.

    Parker, of Addison, was in court Thursday. Last year, he pleaded guilty to charges of conspiring to commit wire fraud and filing a false tax document. He awaits sentencing.

    MORE IN Vermont News

    BURLINGTON — The University of Vermont has offered scholarships to the daughters of a... Full Story

    Vermont’s teachers union plans to actively support Bernie Sanders’ presidential... Full Story

    WATERBURY — Sue Minter is banking on her leadership after Tropical Storm Irene to... Full Story

    Minter touts big names on her side: Kunin, Irene
    More Articles
    • VIDEOS
    • PHOTOS