Vt moviemaker Mac Parker admits fraud in civil suit - WCAX.COM Local Vermont News, Weather and Sports-

Vt moviemaker Mac Parker admits fraud in civil suit

Posted: Updated:
File photo File photo
MONTPELIER, Vt. -

First, he pleaded guilty to orchestrating a Ponzi scheme, now filmmaker Mac Parker of Addison is barred from selling securities, too.

In April, Parker pleaded guilty in federal court to conspiracy to commit wire fraud and tax crimes. Prosecutors say Parker and a friend raised $28 million from investors for a movie Parker was making called "The Birth of Innocence." But only about $700,000 went toward making the film.

The state of Vermont sued Parker in civil court. The judge in that case found Parker guilty Wednesday of securities fraud and unlawfully offering investment advice. The state did not seek a fine so that Parker could pay back his victims.

Related Stories:

Vt moviemaker pleads guilty in film fraud scheme

Chiropractor pleads not guilty in Vt. to fraud

Plea deal for Vt filmmaker in financing controversy

New twist on filmmaker's financing controversy

Regulators: Addison filmmaker committed fraud

Vt. moviemaker's film financing investigated

Mac Parker responds to legal action

Storyteller investigated for violating state investment law

  • Local NewsMore>>

  • Police investigate Hinesburg woman shot by male relative

    Police investigate Hinesburg woman shot by male relative

    Thursday, April 24 2014 10:08 PM EDT2014-04-25 02:08:02 GMT
    Vermont State Police and Hinesburg police were on the scene at a shooting in Hinesburg at 8:45 p.m. Thursday night.Officials say a 71-year-old man shot a female relative. She was shot in the hand and chest and taken to Fletcher Allen Health Care where she is currently in stable condition.The man is in custody and police say there is currently no motive for the shooting and that there were no prior issues with the relatives.Police are currently still investigating the shooting.More >>
    Vermont State Police and Hinesburg police were on the scene at a shooting in Hinesburg at 8:45 p.m. Thursday night.Officials say a 71-year-old man shot a female relative. She was shot in the hand and chest and taken to Fletcher Allen Health Care where she is currently in stable condition.The man is in custody and police say there is currently no motive for the shooting and that there were no prior issues with the relatives.Police are currently still investigating the shooting.More >>
  • Robber hits the same bank twice?

    Robber hits the same bank twice?

    Thursday, April 24 2014 7:01 PM EDT2014-04-24 23:01:18 GMT
    A security guard and bank manager at the People's United in St. Albans held a would-be robber until police arrived. And investigators think he is the same man who robbed the bank Monday.More >>
    A security guard and bank manager at the People's United in St. Albans held a would-be robber until police arrived. And investigators think he is the same man who robbed the bank Monday.More >>
  • Man shot by Vt. cop faces charges

    Man shot by Vt. cop faces charges

    Thursday, April 24 2014 7:31 PM EDT2014-04-24 23:31:24 GMT
    A man shot by an officer inside the Bennington police station faces charges of aggravated assault with a deadly weapon.More >>
    A man shot by an officer inside the Bennington police station faces charges of aggravated assault with a deadly weapon.More >>
  • Man charged in Vt. teacher killing wants confession tossed

    Man charged in Vt. teacher killing wants confession tossed

    Thursday, April 24 2014 2:29 PM EDT2014-04-24 18:29:39 GMT
    A Vermont man charged with killing a popular St. Johnsbury teacher is asking a judge to exclude from his upcoming trial a detailed confession he gave to police investigators.More >>
    A Vermont man charged with killing a popular St. Johnsbury teacher is asking a judge to exclude from his upcoming trial a detailed confession he gave to police investigators.More >>
  • 2 Vermont men charged in guns and drug case

    2 Vermont men charged in guns and drug case

    Thursday, April 24 2014 2:13 PM EDT2014-04-24 18:13:57 GMT
    Two Vermont men are facing federal charges stemming from the left of firearms from a Hardwick gun store and the trading of some of those guns for drugs.More >>
    Two Vermont men are facing federal charges stemming from the left of firearms from a Hardwick gun store and the trading of some of those guns for drugs.More >>
  • Drug bust in Burlington's Old North End

    Drug bust in Burlington's Old North End

    Thursday, April 24 2014 6:18 PM EDT2014-04-24 22:18:27 GMT
    Police made a drug bust Wednesday night in Burlington's Old North End.More >>
    Police made a drug bust Wednesday night in Burlington's Old North End.More >>
  • Maine wire fraud trial of Vt. man set to conclude Friday

    Maine wire fraud trial of Vt. man set to conclude Friday

    Thursday, April 24 2014 5:49 PM EDT2014-04-24 21:49:11 GMT
    The wire fraud trial of a Vermont man convicted for the 2010 explosion that killed two workers at a New Hampshire gunpowder plant is nearing conclusion.More >>
    The wire fraud trial of a Vermont man convicted for the 2010 explosion that killed two workers at a New Hampshire gunpowder plant is nearing conclusion.More >>
  • 150 doctors targeted by tax fraud in NH, Vt.

    150 doctors targeted by tax fraud in NH, Vt.

    Thursday, April 24 2014 4:45 PM EDT2014-04-24 20:45:08 GMT
    New Hampshire Sen. Jeanne Shaheen has asked the Secret Service and Internal Revenue Service to investigate reports of tax fraud affecting more than 150 doctors and health care providers in the state and in Vermont.More >>
    New Hampshire Sen. Jeanne Shaheen has asked the Secret Service and Internal Revenue Service to investigate reports of tax fraud affecting more than 150 doctors and health care providers in the state and in Vermont.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.