Ex-Producer Pleads Guilty In Tax Credits Scheme

BATON ROUGE, La. (AP) — A former Baton Rouge film producer has pleaded guilty to a charge of wire fraud.

Gregory Walker admitted Wednesday he received over $971,000 for bogus Louisiana film tax credits.

The 46-year-old Walker could be sentenced to up to 20 years in prison, fined $250,000 and required to forfeit more than $971,418.

Walker entered his plea before U.S. District Judge James J. Brady.

Brady did not immediately schedule a sentencing hearing.

Walker was allowed to remain free on bail while he waits for his sentence.