JAY STUART BERKMAN, A FRAUD has a history for over 20 year of committing fraud, forgery, and misrepresentation. He was arrested by the FBI on federal chargers for fraud and served a 1 year sentence. Now he has his sites set on a start ups, who will he steal from next? GodSpeed Emerald Coast Holding Company
A man was charged with fraud for penning a letter on Bank of New York stationery apparently to help the film get its completion bond. Jay Berkman’s name was on a missive to Worldwide Film Completion Co., promising an imminent $5.59 million wire transfer to be made by producer Jed Baron’s JAG Productions. Berkman claimed to be a BondNet veep, but was merely a marketing consultant, according to the complaint.
Why would the FBI exert manpower on a small pic? Since the investigation originated on Long Island, it could relate to Nassau County getting stiffed on rental fees for an abandoned warehouse leased for filming. Assistant U.S. Attorney Paul Schoeman wouldn’t elaborate on what prompted the investigation or how far it will go. Glasser and Horwitz said Berkman’s trouble has no effect on the finished print of “Devil” finally due Dec. 3. “Glasser has been outstanding in putting up the funds to complete the picture,” Horwitz said. “Frankly, it is one of the best loans we have on the books.”