Dennis Brouse: Guilty of Fraud

Dennis Brouse: Guilty of Fraud

 

Updated March 16, 2012

An Iowa jury convicted a Nebraska horse trainer and film producer of fraud.
Dennis Brouse was found guilty of fraudulent practices for securing millions of dollars in Iowa film tax credits for his video production company, Changing Horses Productions. He was acquitted on charges of theft and ongoing criminal conduct.
“I am grateful that the jury took a stand against the fraud that was perpetrated against Iowa taxpayers,” said Deputy Attorney General Thomas H. Miller, who prosecuted the case along with Assistant Attorney General Robert Sand.
Miller’s office accused Brouse of “knowingly making false statement or statements in writing, for the purpose of procuring state economic development assistance.”
From March 2008 through September 2009, Changing Horses applied for and received expenditure and investment tax certificates for five separate projects. According to a state audit, Iowa issued excess tax credit certificates totaling almost $9.2 million for Changing Horses’ projects.
Changing Horses Productions produced a series of five horse training shows for TV and DVDs in which Brouse was the star, including ‘Saddle Up with Dennis Brouse.’ According to the DesMoines Register, his show aired on as many as 170 PBS affiliates when the filming was suspended; it now airs on one public TV station.
Brouse will be sentenced on May 2 and faces up to ten years in prison and a $10,000 fine.