A Hollywood film financier has been indicted by a grand jury. The individual is allegedly involved in a Ponzi scheme, with reported losses of $100 million. The financier is known for producing notable movies.

Further details about the indictment and alleged scheme are available from Fox 26 Houston. Limited information is currently available about the specifics of the case, but it is reported that the financier solicited money from investors for personal use. For more information, readers can refer to the original source.