Malcolm ("Mac") Parker Pleads Guilty to Conspiracy to Commit Wire Fraud and Filing a False Tax Document in Connection with the "Birth of Innocence" Movie Project
Burlington, VT – The Office of the United States Attorney for the District of Vermont stated today that on April 11, 2012, Malcolm ("Mac") Parker, 54, of Addison, Vermont entered a plea of guilty to conspiring to commit wire fraud and filing a false tax document with the IRS before Chief United States District Court Judge Christina Reiss in Rutland, Vermont. During the hearing Parker admitted to conspiring with Louis Soteriou, of Middlebury, Connecticut, to defraud investors in the "Birth of Innocence" movie project.
Parker admitted, among other things, that he raised money for this project at the behest of Soteriou without disclosing Soteriou's involvement in the project to investors, and that there were several millions of dollars of losses attributable to the fraud. Parker also admitted he knowingly failed to disclose the payments he made to Soteriou in 2008 to the Internal Revenue Service.
Parker has agreed to cooperate with the United States in connection with the prosecution of Soteriou. Soteriou has been charged with mail fraud, wire fraud, conspiracy, and money laundering in an 18-count Indictment arising out of the "Birth of Innocence" project. A sentencing date for Parker has not yet been scheduled.
Parker is represented by John Pacht, Esq., of Burlington. Soteriou is represented by Steven Barth, Esq., of Burlington. The prosecutor is Assistant United States Attorney Michael Drescher.
Information for Victims
The law will require that Parker (and, if he is convicted, Soteriou) be responsible for paying restitution to the victims of the scheme described in the charging documents. Persons who believe they may be victims of this scheme and who wish to be kept informed of case developments in these matters should contact the United States Attorney's Office Victim-Witness coordinator, Aimee Stearns at Aimee.Stearns@usdoj.gov.