I came into contact with Mr. Lane while working as a producer and investor on a feature film in Arizona. During this time Mr. Lane had become involved with one of my partners and was supposedly coming on as an investor on the film.
Mr. Lane had claimed to be a Wall Street Investment Banker and successful entrepreneur on many business ventures. He expressed his desire to become more involved with film and suggested to my partner that he gets involved with the films production as well as being an investor. During this time Mr. Lane had also approached me about investing some additional money in a new deal that he was setting up for the film. He wanted about $50,000 to complete the project and purchase a shell for the new company that was going to release the film. He claimed that he would pay for it himself but that he was having some trouble with his accounts and had recently hit some bad luck with the economic downturn.
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