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HomeU.S.AActuality TV CEO Jonathan Lee Smith sentenced to jail for $2M fraud...

Actuality TV CEO Jonathan Lee Smith sentenced to jail for $2M fraud scheme

A CEO of two Hollywood manufacturing corporations specializing in actuality tv reveals was sentenced to a 12 months and a day in federal jail for bilking buyers out of $2 million and falsifying paperwork, the US Lawyer’s Workplace for the Central District of California introduced.

Jonathan Lee Smith, who owned Hoplite Leisure Inc. and Hoplite Inc., was initially dealing with a most sentence of 20 years however acquired the a lot decrease sentence after he pleaded responsible final month to felony wire fraud.

 “[Smith] is an skilled businessman within the leisure trade,” prosecutors stated in a sentencing memorandum. “He knew it was incorrect to misinform safe a $2 million mortgage however did it anyway. And relatively than make only one misrepresentation, [Smith] backed up his lie with counterfeit paperwork to indicate pretend accounts receivable and fictitious incoming funds.”

In response to US legal professional officers, Smith cast paperwork and satisfied buyers to mortgage him $2 million in September 2020 by falsely representing he had license agreements value about $3.3 million. 

“The end result was simple and predictable: [Smith’s] monetary circumstances had been insufficient to repay the mortgage he acquired from the non-public lender, and the sufferer has misplaced $2 million due to [Smith’s] false pretenses,” federal prosecutors stated.

Smith pleaded responsible final month to felony wire fraud.
CEO of reality TV production companies Jonathan Lee Smith
Smith, who owned Hoplite Leisure Inc. and Hoplite Inc., was dealing with a possible 20-year sentence.

Smith informed buyers that he would repay the mortgage and emailed pretend information exhibiting a $100,000 wire fee from Hoplite Inc. The mortgage was by no means paid, officers stated.

In response to his IMDb web page, Smith has labored within the leisure trade for greater than 15 years and labored on “a number of unscripted reveals on over 4 continents.”

“Engaged on unscripted, animated, narrative and have content material, Smith is understood for being very fingers on with an aggressive method to storytelling,” Smith’s IMDb reads.

Hoplite Leisure produced a number of actuality reveals, together with “Wrecking Plan,” “Ink Remedy,” “Geared Up,” “Culinary Escapes,” “Charged and Disbarred” and “Sizzling Spots,” based on Deadline.

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