Not only does this guy owe his investors, he probably owes Mel Brooks royalties.
Roland Scahill claimed to be the lead producer of a new Broadway show and scammed $165,000 from seven would-beI wonder, were little old ladies involved?
Scahill, 41, told his he had secured the rights to opera star Kathleen Battle’s life story and that Lupita Nyong’o had signed on to star in a production about her at Broadway’s Booth Theatre, prosecutors said. He also told them Netflix would film the bogus show, dubbed The KB Project, and make it available online, according to prosecutors.
Scahill told his victims he was raising money for the show at a rate of $15,000 per share to fund the first stages of production, prosecutors said.
After a while, the investors wanted their money back, and Scahill sent them checks which bounced, prosecutors said. He had already spent it on stocks, options, credit cards, rent as well as food, alcohol and entertainment, according to prosecutors. in less than three months, according to District Attorney Cyrus Vance’s office.