Emmy-Winning TV Exec Gets 5 1/2 Years For String Of Frauds

Law360, New York (November 29, 2012, 8:16 PM EST) -- A Hollywood executive described by prosecutors as “a dangerous economic menace who cannot be trusted” was sentenced to a total of 5 1/2 years in two cases in California federal court Wednesday for orchestrating a stock fraud scheme and bilking a series of investors out of millions of dollars.

The sentence follows a plea agreement Drew Stavitch Levin, an Emmy-winning producer, reached with federal authorities in September 2011 over his financial shenanigans.

The deal covered a scheme through which prosecutors said Levin fraudulently inflated the revenue...
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