5 Convicted Of Inventing Movie To Hide Tax Fraud

6:15 AM, Mar 15, 2013   |    comments
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LONDON (AP) - Five people in Britain face jail sentences after being convicted this week of attempting to bilk the government of 2.8 million pounds ($4.2 million) in a moviemaking scam reminiscent of Academy Award-winning hit "Argo" - without the heroic hostage rescue.

Prosecutors and tax authorities say the fraudsters claimed to be producing a made-in-Britain movie with unnamed A-list actors and a 19 million-pound budget supplied by a Jordanian firm.

In fact, officials say, the project was a sham, set up to claim back millions of pounds in tax.

When the five were arrested in April 2011 they decided their best shot at avoiding criminal charges was to hastily make a film. "A Landscape of Lies" was released straight to DVD.