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Film Producer David Raymond Brown Arrested on 21-Count Federal Fraud Indictment

He remains in federal custody in South Carolina pending transfer to Los Angeles for arraignment.

Overview

  • From December 2021 through August 2025, prosecutors allege Brown misappropriated more than $12 million from investors and film productions.
  • The indictment says he billed projects for COVID-19 testing that never occurred through Hollywood Covid Testing LLC to disguise diverted production funds.
  • Prosecutors accuse him of running a Ponzi-like financing operation via Film Holdings Capital and of concealing prior lawsuits and critical press coverage from prospective backers.
  • Alleged spending included a 2025 Mercedes-Benz G-Wagon, three Teslas including a 2024 Cybertruck, mortgage and remodeling costs such as a $99,000 pool, a house for his mother, surrogacy services, private school tuition, and nearly $970,000 tied to an unmade Patty Hearst project.
  • He is charged with nine counts of wire fraud, ten counts of transactional money laundering, and two counts of aggravated identity theft, with the FBI and IRS-CI investigating and statutory maximum penalties reaching decades if he is convicted.