RUTLAND, Vt. (AP) - Three investors who say Vermont storyteller Malcolm "Mac" Parker fraudulently persuaded them to lend him money for a $28 million movie project have filed court papers aimed at recouping what they've lost.
Parker has pleaded guilty to federal criminal charges of conspiring to commit wire fraud and filing a false tax document. He's awaiting sentencing. A partner, Louis Soterio, faces fraud and money laundering charges.
The Burlington Free Press reports the investors are pursuing a seldom-used involuntary bankruptcy process against Parker that could allow them seize his assets, including the still-unfinished film, "Birth of Innocence."
Investor Robert Melik Finkle of Rochester said the three are acting as trustees for all of the investors. Finkle says he's owed nearly $800,000.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
File photo
