Tax credit promoter sentenced for fraud - KNOE 8 News; KNOE-TV; |

Tax credit promoter sentenced for fraud

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BATON ROUGE, La. (KNOE 8 News/AP) - Longtime film tax credit promoter Gregory M. Walker has been sentenced in Baton Rouge to nearly six years in federal prison for a $1.83 million wire fraud against 24 victims.

U.S. District Judge James J. Brady on Thursday imposed the prison term of 70 months, ordered Walker to serve an additional three years under post-prison supervision by federal investigators and directed him to repay the $1.83 million.

Walker pleaded guilty last year to one count of wire fraud and admitted that he sold at least $1.4 million in state film tax credits he did not own.

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