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Showing posts from June, 2012
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Atonement It's amazing how materialism can suck down higher intentions. During a nine-year stretch Vermont filmmaker Mac Parker said he was raising money to create a spiritual documentary. Prosecutors countered that he was engaged in a $28 million Ponzi scheme. So far no movie but there's a book by Parker, a work of fiction dealing with the theme of trust. Back in March Parker accepted a plea deal, saying he was guilty of conspiracy to commit wire fraud and tax fraud. Prosecutors said that only $700,000 of the millions raised for the proposed movie, "The Birth of Innocence," went towards the film project. As with a typical Ponzi scheme, prosecutors contend some of the money was used to pay back earlier investors. Parker's partner and mentor, chiropractor Louis Soteriou of Connecticut, was also indicted but pled not guilty to the charges. As part of the plea deal, Parker will help prosecutors with their case against Soteriou. Authorities say tha