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“JT Leroy” Guilty of Fraud

This image comes courtesy our siblings at FishbowlNY, who reported that Laura Albert, architect of the elaborate JT Leroy hoax, was found guilty last Friday of fraud and breach of contract. Albert is being fined $110,000 in economic damages and $6,500 in punitive damages.

The New York Times’ Alan Feuer had more on the story, including an unexpected twist of sorts: Steven Shainberg, the proposed director of the film, testified that when he learned who had truly written SARAH an inspiration came to him to make a “meta-film,” a triple-layered movie that would blend the novel with the lives of its real and purported authors in a project he took to calling SARAH PLUS. In other words, everything’s meta and fair game now..

Mediabistro Event

Explore the Future of Virtual Currency

Inside BitcoinsDiscover why countless investors and businessmen, including the Winklevoss twins, are becoming big supporters of virtual currencies at Inside Bitcoins on July 30 in New York. You’ll hear from speakers like Charlie Shrem, Vice Chairman at Bitcoin Foundation, who runs one of the largest alternative payment companies. Every paid registrant will receive a Bitcoin paper wallet with 0.01 Bitcoin. Register today.