Zurik: State IG to investigate Horizon credits - FOX 8 WVUE New Orleans News, Weather, Sports, Social

Zurik: State IG to investigate Horizon credits

NEW ORLEANS (WVUE) -

The state's inspector general will investigate a film company at the center of a probe by FOX 8 Investigations  of the state's film tax credits.

The IG's office confirms to FOX 8 that it has launched an investigation into Horizon Entertainment and its owner, Jason Sciavicco. 

Since last week, we've detailed how Horizon has claimed almost $3 million in state film tax credits - credits insiders have questioned. We showed how Horizon got almost $1 million in tax credits for producing a reality TV show on the Saintsations, even though the show never aired. The total show budget for that was $5 million.

Horizon claimed a similar budget for producing "The Sean Payton Show." We uncovered pay stubs where Horizon paid an employee $1,300 a week, but claimed double that amount when applying for the tax credits.

The state inspector general says the reports raise some serious questions and the allegations need to be investigated.

Greg Phares, administrative program director at the IG's office, tells us officials have met with the Economic Development Department and will open an investigation of the allegations contained in those stories. Phares says investigators and auditors will gather evidence and evaluate whether anything violated criminal statute, either state or federal.

FOX 8's reporting on Horizon came as we examined the state's Motion Picture Investors Tax Credits, part of our "Easy Money" series on Louisiana's incentives programs. Louisiana has handed out as much as $250 million in one year in tax credits to film and TV projects produced in the state, primarily in the New Orleans, Baton Rouge and Shreveport areas.

Copyright 2015 WVUE. All rights reserved.

  • Zurik: State IG to investigate Horizon creditsMore>>

  • Easy Money

    Easy Money web section

    Incentives. Subsidies. Corporate welfare. Call them what you will, but the state writes the checks every year, and everyone from oil and gas giants to film and TV producers is getting millions from Louisiana tax coffers.more>>
    Incentives. Subsidies. Job Creators. Corporate welfare. Call them what you will, but the state writes the checks every year, and everyone from oil and gas giants to film and TV producers is getting millions from Louisiana tax coffers.more>>
  • Most Popular StoriesMost Popular StoriesMore>>

  • Livestream ends violently inside N.O. restaurant, owner blames trolls

    Livestream ends violently inside N.O. restaurant, owner blames trolls

    A man's social media live stream turned destructive after he walked into a New Orleans restaurant on April 20th and the store owner smashed his camera.  

    more>>

    A man's social media live stream ended violently after he walked into a New Orleans restaurant on April 20 and the restaurant owner smashed his camera. 

    more>>
  • Parents make heartbreaking decision over son with autism

    Parents make heartbreaking decision over son with autism

    Wednesday, May 24 2017 11:10 AM EDT2017-05-24 15:10:16 GMT
    KMOV has chosen not to identify him by name or show pictures of what he currently looks like. (Credit: Wallens)KMOV has chosen not to identify him by name or show pictures of what he currently looks like. (Credit: Wallens)

    A parent's love knows no bounds. But what happens when you truly believe your child is going to harm himself or someone else? One family tells News 4 they made a heartbreaking decision about their son with autism, all because they felt they had no other options. 

    more>>

    A parent's love knows no bounds. But what happens when you truly believe your child is going to harm himself or someone else? One family tells News 4 they made a heartbreaking decision about their son with autism, all because they felt they had no other options. 

    more>>
  • Zurik: Small town struggles after former mayor's questionable practices

    Zurik: Small town struggles after former mayor's questionable practices

    What would happen if 20 percent of New Orleans didn't pay its water bill? One mayor says that actually happened in his town. An auditor slapped the town with 23 findings of mismanagement, abuse and possible wrongdoing.

    more>>

    What would happen if 20 percent of New Orleans didn't pay its water bill? One mayor says that actually happened in his town. An auditor slapped the town with 23 findings of mismanagement, abuse and possible wrongdoing.

    more>>
Powered by Frankly