Film Producer Gets Indicted in Multi-Decade Tax Fraud Conspiracy

A film producer and an Australian accountant were indicted for crimes related to their roles in a multi-decade conspiracy to defraud the United States by concealing the producer’s income and assets offshore, the Justice Department announced Friday.

According to the DOJ, Nigel Sinclair co-owned film production company Intermedia and held half of his shares in the name of a Maltese nominee entity that he controlled. When the company was listed on a foreign stock exchange, Sinclair caused his shares held by the Maltese company to be sold for approximately $25 million.

He and an accountant, Anthony Stewart, then conspired ...