Overview
- Brown, 39, was arrested in South Carolina and made an initial federal court appearance in Columbia, with an arraignment in Los Angeles expected in the coming weeks.
- The indictment alleges more than $12 million in losses and charges nine counts of wire fraud, ten counts of transactional money laundering, and two counts of aggravated identity theft.
- Prosecutors say he routed production payments to Hollywood Covid Testing LLC for testing that never occurred by using false or duplicate invoices.
- Separate investor schemes allegedly funneled funds into personal spending and to repay earlier victims in Ponzi-like fashion, including through Film Holdings Capital.
- Alleged expenditures include a 2025 Mercedes-Benz G‑Wagon, three Teslas including a 2024 Cybertruck, mortgage and pool costs, a house for his mother, surrogacy and private school payments, and about $970,000 tied to an unmade “Untitled SLA” project; the FBI and IRS Criminal Investigation are investigating with three Assistant U.S. Attorneys prosecuting.