Two Georgia men have admitted to their involvement in a complex scheme that scammed New York state out of nearly $550,000 in film tax credits. The men, who have pleaded guilty to wire fraud charges, allegedly orchestrated a fake film production in the state, submitting false claims for tax credits that were meant to incentivize movie and TV production in New York. As part of the scheme, the men fabricated a film project, complete with fake production schedules, crew lists, and even a mock trailer. Their guilty pleas mark a significant development in the investigation, which has shed light on the growing issue of tax credit scams in the film industry.
Georgia men plead guilty to wire fraud in $550,000 New York film tax credit scheme CBS News
