Redondo Beach man charged in TV production company fraud scheme

  • 📰 ladailynews
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 59%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Prosecutors said the defendant in 2016 began using the “Desilu” name – the same name used by Lucille Ball and Desi Arnaz’s company for shows such as “I Love Lucy” and “Star Trek.”

A 68-year-old Redondo Beach man has been charged in a fraud scheme in which he is accused of luring investors by using the name of a famous television production company for sham investments that he then used for personal expenses including trips to Las Vegas, authorities said.

From August 2017 to May 2018, Hensley pitched investments in his companies that he operated out of offices in Manhattan Beach and other locations in Southern California, alleging they were real and successful, and that he was backing the company with his personal funds. However, Hensley had few assets and repeatedly bounced checks and overdrew bank accounts, according to the U.S. Attorney’s Office.

Hensley was also accused of misrepresenting that his companies had acquired intellectual property, distribution agreements, subsidiaries and development rights, claiming they were actively developing projects. This included new films and television projects under the Delisu name.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 332. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines