Heading into the weekend business associates of Envision Entertainment were reeling in light of scandalous allegations to emerge involving the founders of the financier-producer.

According to an investigative article last week in LA Weekly, Remington Chase and Stefan Martirosian have a colourful history involving arrests, prison time, FBI drug stings, criminal acquaintances, the black diamond trade and informant activity.

US-born Chase and Armenian immigrant Martirosian deny certain activity outlined in the report or at least specific elements contained therein.

Nonetheless the full impact of the development on the independent space is yet to play out. The revelations will have shocked those who have benefited from the deep pockets of Envision, backed by Russian oligarch Vitaly Grigoriants.

Mark Damon’s Foresight Unlimited handled sales on the Envision projects 2 Guns – the hit of the EFM back in 2012 – and current release Lone Survivor.

Foresight’s sales pipeline includes Justin Timberlake starrer Spinning Gold, another Envision project that awaits the start of production, as well as And So It Goes.

Damon was in Indonesia at time of writing and declined to comment on the matter or the future of Spinning Gold.

Randall Emmett and George Furla’s Emmett/Furla Films also partnered with Envision, working alongside Foresight on 2 Guns and Lone Survivor as well as Spinning Gold.

A spokesperson for Emmett/Furla declined to comment, while a representative for Envision was unavailable for comment.

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