LOS ANGELES - The former head of a Hollywood production and distribution company was arrested Friday on federal charges alleging he attempted to swindle the coronavirus-relief Paycheck Protection Program out of about $1.7 million.
HOLLYWOOD, CA - JULY 31: William Sadleir, Chairman, Aviron Capital attends the premiere of Aviron Pictures' "Kidnap" at ArcLight Hollywood on July 31, 2017 in Hollywood, California. (Photo by Todd Williamson/Getty Images) William Sadleir, 66, was taken into custody without incident and was expected to make his initial federal court appearance Friday afternoon in downtown Los Angeles, according to the U.S.