Livent Fraud Trial: Contractor Says He Was Told To Inflate Ticket Sales
A witness tells the court that Livent officials ordered the men to charge "what has been claimed as up to $1.7 million on their personal credit cards to purchase tickets for the Los Angeles run of Ragtime. This was done, the Crown Attorney claimed, not only to paint an exaggerated portrait of the show's success, but also to increase the amount of fixed assets on the Livent balance sheet." Variety 05/12/08

Posted May 13, 2008 07:17 AM