Posted on Fri, Sep. 23, 2005
Man charged with raising millions for fake TV show
Associated Press
LOS ANGELES - Authorities arrested a man Friday for allegedly bilking investors out of $5.5 million by fraudulently claiming to be producing a government-backed television show about the Department of Homeland Security.
The U.S. attorney's office said Joseph M. Medawar, 43, solicited the money over the past 2 1/2 years from more than 70 investors, including some churches, and spent most of it on cars, housing, clothes and expensive meals for himself and associates.
Medawar allegedly told investors he was producing a drama series and had permission from the government to use the Department of Homeland Security's seal and name.
According to authorities, he also said President Bush personally endorsed the project and told later investors his show, "D.H.S.," would be a reality show and, still later, that it would be a weekly news program.
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