Tuesday, July 22, 2014

Target Deal Digital Domain Florida Home fraud investigations

Actions despicable venture capitalist John Textor , CEO ousted the digital domain, and finally under investigation by the state of Florida. Textor and will remember our coverage a few years ago, was the leader of the fiasco that destroyed hundreds of lives , tore the citizens of the State of Florida is about $ 130 million , and tries to help students enforce labor agreements animation illegal.

John Textor and was the former CEO of Digital Domain.

He was governor of Florida Rick Scott working group led by Bill Shearer appointed advocates over a hundred million dollars in public funds, most of what and for an investigation of the causes of the digital domain for the state the pockets Textor . Of this amount, Textor has promised to open a school with the name of the Institute for Digital Domain, and the creation of the new film studio, and traditions, for the production of high-end animation.

Has performed in any of these projects. At the time of the collapse of the amazing digital realm in 2012 and was the only thing he has done to create more employment incentive program in the history of the collapse of the State of Florida.

The goal of a new survey is to "identify all available legal action against the company and other misconduct in this bad business involved context," according to the General Counsel to Governor Peter Antonacci. The state plans to announce a lawsuit in the coming weeks.

The theme will be no easy task. While it is clear that Textor overcome process regularatory by offers to get the money, and the report of the State in 2013 (read here ) to the conclusion that it alleged violations of the "law, rule or regulation in the price" of the money incentive, economic development of Digital Domain.

"It seems that the governor had not read the report" Textor for a new trial. "IG report makes it clear that Digital Domain was fully controlled by the Enterprise Florida and the Legislative Budget Committee and duly approved for funding. Given the time measurement is highlighted by the election authorities corrupt from comb."

Lear more about the mismanagement Textor digital domain, and read the Miami New Times and fxguide piece.

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