Friday, December 9, 2011

LA Filmmaker Charged With Movie Tax Credit Fraud In Massachusetts

News reviews saywriter-director Daniel Adams was arraignedtoday with defrauding Massachusetts around $5 million in inflated tax credits he acquired for your Golden Boys as well as the Lightkeepers.Adams came out today in Boston Municipal Court and bought held on $100,000 bail. He was arrested Thursday andcharged quickly because government physiques desire to keep him from flying to La. His attorney mentioned government bodies had rushed to judgement. Production companies are qualified for just about any 25% tax credit for payroll and filmmaking expenses incurred in Massachusetts. Prosecutors allege La-based Adams deliberately inflated expenses when finishing forms for your tax credit andthe condition overpaaid some $4.7 million to his production companies. Among Adams’ alleged false claims waspaying Richard Dreyfuss $2.5 million for your Lightkeepers when the actor’s actual fee was $400,000. Maximum penalty if billed is five years jail time. Both movies were written and directed by Adams andset at the begining of 20th centuryalong the Cape Cod coast.The Golden Boys (2008) starred David Carradine, Rip Torn and Bruce Dern. The Lightkeepers (2009) starred Dreyfuss, Julie Harris, and Blythe Danner.Adams most recently directed The Big Valley, starring Jessica Lange since the matriarch from the California family using the TV series that starred Barbara Stanwyck.

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