LOS ANGELES — The CEO of two Hollywood production companies that specialize in reality television programming has been sentenced to a year and a day in federal prison for obtaining a $2 million business loan
Jonathan Lee Smith, 41, of West Hollywood, on Thursday was also ordered to pay restitution in the amount of the loan, according to the U.S. Attorney’s Office.Smith managed and owned two production companies, Hoplite Entertainment Inc. and Hoplite Inc.
To convince the lender to give him additional time to repay the loan, Smith falsely stated that payment was imminent and he also emailed a fake record showing a $100,000 wire payment from Hoplite Inc. to the lender.
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