Film Producer Convicted In U.S. Of Investment Fraud

(Reuters) A California movie producer who headed a boutique merchant bank has been convicted on charges he defrauded investors in hedge funds overseen by a New York-based investment adviser out of $26 million, prosecutors said on Friday. David Bergstein, who served as executive producer of the 2015 film“In the Heart of the Sea,” was found guilty by a federal jury in Manhattan on Thursday of charges including investment adviser fraud and securities fraud.

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