Seven Arts Pictures controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2015
Peter Hoffman convicted over tax-credit claims
Hoffman was found guilty of fraudulently claiming approximately $1.13 million in Louisiana state tax credits.
2014
Louisiana tax-credit fraud allegations
Peter Hoffman and Michael Arata were accused in New Orleans of conspiracy and wire fraud relating to claims for Louisiana tax credits allegedly based on equipment purchases and renovation work that did not occur.
Liquidation of related UK entities
Several UK companies connected with the Seven Arts structure were reported to have entered liquidation, with reference material alleging significant unpaid investor obligations.