October 06, 2023
A Manhattan federal judge on Thursday refused to prematurely release a Hollywood executive sentenced to six years' imprisonment for looting $30 million from BlackRock Inc., calling his request an "outrageous nonstarter" and his crime one of the most "brazen" and "disappointing" fraud schemes the judge said he had ever witnessed.
September 09, 2022
A Manhattan federal judge sentenced a former Hollywood executive to six years in prison Friday for pilfering millions from a BlackRock Inc. fund backing his company, including $14 million he used to purchase and decorate a Beverly Hills, California, estate.
June 09, 2022
A former Hollywood executive deserves a nine-year prison sentence for the "uncommon brazenness and greed" reflected in his guilty plea for defrauding a BlackRock Inc. investment fund of nearly $30 million intended for film distribution and advertising, federal prosecutors have said.
January 20, 2022
Hollywood executive William Sadleir admitted to defrauding a BlackRock Inc. investment fund of nearly $30 million by misappropriating part of the fund's investment in his film production and distribution company.
July 01, 2020
The former chief of a film company that distributed movies including "Kidnap" with Halle Berry on Wednesday denied charges in Manhattan that he embezzled $14 million of BlackRock investment dollars and used it to pay for his Beverly Hills, California, estate.