MIAMI (CBSMiami/AP) – Two South Florida men pleaded guilty to participating in a $60 million movie financing fraud scheme.
One of the men is a former Wells Fargo banker and the other a film producer.READ MORE: Broward Commissioner Dale Holness To Run For Late Rep. Alcee Hastings’ Congressional Seat
The Justice Department says 30-year-old Benjamin Rafael admitted Wednesday in Miami to conspiracy to commit wire fraud, and 37-year-old Benjamin McConley pleaded guilty to the same charge last week. They each face up to 20 years in prison.READ MORE: Wynwood Comes Alive On First Night Countywide Curfew Is Lifted
McConley’s partner in Weathervane Productions, Jason Van Eman, remains scheduled for trial in February. Van Eman has 26 production credits, including for films starring Cynthia Nixon and Laura Dern, according to the Internet Movie Database.
Prosecutors say McConley and Van Eman offered to match other movie investors’ contributions, but actually stole the money, while Rafael deceived victims about the security of their funds.MORE NEWS: Stimulus Check Update: Is A Fourth Relief Payment Coming?
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