Brooklyn Movie House Owner Charged in Fraud

Home Live Wire Brooklyn Movie House Owner Charged in Fraud

Norman Adie, the former owner of the Brooklyn Heights Cinema, was charged in connection with a scheme to defraud investors of more than $500,000.  A court complaint says Adie told his investors that he planned to turn the Brooklyn theater into condominiums, promising up to 13.5 percent in returns. According to the New York Times, Adie used the money to pay off personal expenses.

Leave a Reply

Your email address will not be published.