FBI Hunts Mary Carole McDonnell Over $15 Million Fraud as Ex-TV Executive Believed in Dubai
Updated
Updated · Fox News · Aug 30
FBI Hunts Mary Carole McDonnell Over $15 Million Fraud as Ex-TV Executive Believed in Dubai
1 articles · Updated · Fox News · Aug 30
Summary
$15 million in alleged fraud has put former Bellum Entertainment CEO Mary Carole McDonnell at the center of an FBI manhunt, with investigators saying she is believed to be in Dubai.
Prosecutors say McDonnell used fabricated trust-company documents and false claims to an $80 million family trust to secure about $14.7 million from Banc of California and defraud other lenders.
A federal grand jury indicted her in 2018 on five bank-fraud counts and two aggravated identity-theft counts, tied to conduct in Los Angeles and Orange counties from July 2017 to May 2018.
Antonio Sabato Jr., host of Bellum's former makeover show "Fix It & Finish It," said he learned of the case only this week and now sees the show's abrupt cancellation in a different light.