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Filmmaker admits to defrauding film tax credit program

3 years 6 months 3 days ago Wednesday, May 13 2015 May 13, 2015 May 13, 2015 7:00 AM May 13, 2015 in News
Source: Associated Press
By: Associated Press

BATON ROUGE- A Baton Rouge movie maker has admitted in a federal courtroom that he falsified invoices to receive Louisiana's film tax credits.

U.S. Attorney Walt Green said in a news release that 46-year-old George Kostuch pleaded guilty Tuesday to one count of wire fraud that accused him of penning checks for nearly $540,000 in false expenses, which led to his company - K2 Pictures - receiving more than $161,000 in tax credits from the state in 2010 and 2011.

U.S. District Judge Shelly Dick did not set a sentencing date for Kostuch. She ordered a presentence investigation and report.

The film tax credit program has come under increasing scrutiny in recent years, both for the ballooning cost and a smattering of criminal cases accusing participants of defrauding the state.

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