Stripe Studios Director Alex Breingan Faces Fraud Accusations

The head of a failed Auckland TV production firm, Alex Breingan, faces 33 fraud charges tied to nearly $15 million in misappropriated public and private funding. He has relocated to an upscale suburb in Los Angeles, specifically Sunflower Court in Calabasas, where he lives in a home valued at nearly $2 million. This new life in the movie-making capital contrasts sharply with his past, as he leaves behind numerous creditors in New Zealand. However, recent developments have cast a shadow over his new beginnings.

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