Calvin Darden Jr., son of Darden Media Chairman Calvin Darden Sr., was charged with a multimillion-dollar fraud tied to the purchase of Maxim magazine, Manhattan U.S. Attorney Preet Bharara said.
Darden, 39, of Staten Island, New York, is accused of “lying extensively” in several schemes, including one in which he allegedly impersonated his father in e-mails and on telephone calls and tricked lenders into providing him more than $8 million for the acquisition of Maxim, the bawdy men’s title.
The younger Darden also defrauded an unidentified Taiwan company into paying him $500,000 by claiming that a company his father would arrange for a National Basketball Association exhibition game in Asia, the U.S. said. Darden falsely claimed that he and his father had met with the owners of the New York Knicks and NBA officials, impersonated his father in e-mails to the company and forged his father’s signature on documents, according to a criminal complaint.
To convince lenders interested in Maxim’s purchase they would receive sufficient collateral for their loans, Darden allegedly provided a fabricated bank account statement purportedly to be from an account held by his father. The statement falsely reported his father’s holdings in stocks of at least three publicly traded companies of which the elder Darden is a director, prosecutors said