Under the shocking headline “EXCLUSIVE: Feds Investigating SAG P&H Plan Embezzlements And Cover-Ups Allegations,” Finke yesterday afternoon outlined details of a possible embezzlement scandal. Her sources indicated that testimony delivered late last year at the Federal Building in Westwood by former fund exec Craig E. Simmons was the spark that lit this fuse.
In an attempt to mitigate the fallout from Finke’s reports (another was published Tuesday), the fund released a statement to the media today, first tipped to Hollywood Reporter legal correspondent Jonathan Handel. The statement has also been provided to FishbowlLA and can be read in full at the bottom of this article.
Although the Producers Plans statement does not explicitly name Deadline.com as the offending outlet, it’s clearly who they are talking about. Included in Finke’s sensational report are a pair of PDF-ed letters from Simmons.
Here’s the media statement from SAG-PPHP: