Jun 15, 2021
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Investor in Michigan film studio charged in fraud

GRAND RAPIDS – The main investor in a project to turn a former western Michigan auto parts plant into a film production studio has been charged in what authorities say is an attempt to fraudulently obtain a $10 million state tax credit.

Michigan Attorney General Mike Cox announced today that 46-year-old Joseph Peters of Ada was charged with attempted felony false pretenses over $20,000.

A message seeking comment from Peters was left with a spokeswoman for Hangar42.

Cox says Peters falsely claimed in an application to the Michigan Film Office for an infrastructure tax credit that his company bought Hangar42 in Walker for $40 million. The application was later denied.

Cox is one of five Republicans running for governor in Tuesday’s primary.

Source: Detroit Free Press

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Headline, Industry News

Investor in Michigan film studio charged in fraud

GRAND RAPIDS – The main investor in a project to turn a former western Michigan auto parts plant into a film production studio has been charged in what authorities say is an attempt to fraudulently obtain a $10 million state tax credit.

Michigan Attorney General Mike Cox announced today that 46-year-old Joseph Peters of Ada was charged with attempted felony false pretenses over $20,000.

A message seeking comment from Peters was left with a spokeswoman for Hangar42.

Cox says Peters falsely claimed in an application to the Michigan Film Office for an infrastructure tax credit that his company bought Hangar42 in Walker for $40 million. The application was later denied.

Cox is one of five Republicans running for governor in Tuesday’s primary.

Source: Detroit Free Press

Leave a Reply

Your email address will not be published. Required fields are marked *

Headline, Industry News

Investor in Michigan film studio charged in fraud

GRAND RAPIDS – The main investor in a project to turn a former western Michigan auto parts plant into a film production studio has been charged in what authorities say is an attempt to fraudulently obtain a $10 million state tax credit.

Michigan Attorney General Mike Cox announced today that 46-year-old Joseph Peters of Ada was charged with attempted felony false pretenses over $20,000.

A message seeking comment from Peters was left with a spokeswoman for Hangar42.

Cox says Peters falsely claimed in an application to the Michigan Film Office for an infrastructure tax credit that his company bought Hangar42 in Walker for $40 million. The application was later denied.

Cox is one of five Republicans running for governor in Tuesday’s primary.

Source: Detroit Free Press

Leave a Reply

Your email address will not be published. Required fields are marked *

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