{"id":6855,"date":"2022-07-30T10:00:00","date_gmt":"2022-07-30T15:00:00","guid":{"rendered":"https:\/\/hoorfarlaw.com\/blog\/?p=6855"},"modified":"2022-07-29T12:20:03","modified_gmt":"2022-07-29T17:20:03","slug":"ceo-of-reality-tv-production-companies-sentenced-to-one-year-in-federal-prison-for-defrauding-private-lender-out-of-2-million","status":"publish","type":"post","link":"https:\/\/hoorfarlaw.com\/blog\/?p=6855","title":{"rendered":"CEO of Reality TV Production Companies Sentenced to One Year in Federal Prison for Defrauding Private Lender Out of $2 Million"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignright size-full\"><a href=\"https:\/\/hoorfarlaw.com\/blog\/wp-content\/uploads\/2022\/07\/hollywood.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"275\" height=\"183\" src=\"https:\/\/hoorfarlaw.com\/blog\/wp-content\/uploads\/2022\/07\/hollywood.jpg\" alt=\"\" class=\"wp-image-6856\"\/><\/a><\/figure><\/div>\n\n\n<p>The CEO of two Hollywood production companies that specialize in reality-television programming was sentenced to 12 months and one day in federal prison for fraudulently obtaining a $2 million business loan using fabricated documents and by misrepresenting his companies\u2019 financial circumstances, according to a DOJ press release. Jonathan Lee Smith was also ordered to pay $2 million in restitution. Smith managed and owned two production companies, Hoplite Entertainment Inc. and Hoplite Inc. Smith falsely represented that his companies had accounts receivable of $3,348,000. He also submitted falsified license agreements and other forgeries in order to convince a private lender to fund a $2 million loan in 2020. In an attempt to convince the lender to give him additional time to repay the loan, Smith claimed that payment was imminent, emailing a false record showing a $100,000 wire payment. The loan, however, was never repaid. Smith filed for chapter 7 bankruptcy relief in March of 2021.<\/p>\n\n\n\n<p><strong>Considering bankruptcy? Call our office at 816-524-4949 or <a href=\"https:\/\/calendly.com\/hoorfarlaw\">click here<\/a> to schedule a consultation to discuss your options. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CEO of two Hollywood production companies that specialize in reality-television programming was sentenced to 12 months and one day in federal prison for fraudulently obtaining a $2 million business loan using fabricated documents and by misrepresenting his companies\u2019 financial &hellip; <a href=\"https:\/\/hoorfarlaw.com\/blog\/?p=6855\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1117,1],"tags":[],"class_list":["post-6855","post","type-post","status-publish","format-standard","hentry","category-bankruptcy","category-general"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/6855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6855"}],"version-history":[{"count":1,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/6855\/revisions"}],"predecessor-version":[{"id":6857,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/6855\/revisions\/6857"}],"wp:attachment":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}