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Hollywood Producer David Brown Arrested on 21-Count Indictment Alleging $12 Million Film-Finance Fraud

He awaits transfer to Los Angeles for arraignment after an initial court appearance in South Carolina.

Overview

  • Prosecutors say a grand jury charged Brown with nine counts of wire fraud, 10 counts of transactional money laundering, and two counts of aggravated identity theft.
  • According to the indictment, he diverted production money by routing payments to Hollywood Covid Testing LLC using false or duplicative invoices for tests that never occurred or were already paid for.
  • The filing also alleges a Ponzi-like vehicle called Film Holdings Capital that took funds from an investor, used to sustain Brown’s lifestyle and repay earlier victims, with claims he shared another person’s IMDb profile and concealed prior fraud accusations.
  • Alleged spending detailed by prosecutors includes a 2025 Mercedes-Benz G‑Wagon, three Teslas including a 2024 Cybertruck, mortgage and $99,000 pool costs, a house for his mother, more than $70,000 for surrogacy, private school tuition, and $970,263 tied to an unmade film project.
  • The FBI and IRS Criminal Investigation are leading the probe, the alleged conduct spans December 2021 to August 2025, and Brown remains in custody and is presumed innocent.