Former Hollywood exec added to FBI's Most Wanted list as she's on the run over alleged $30 million fraud

A former Hollywood executive has been added to the FBI's 'most wanted' list of fraudsters.

Now 75-year-old who was CEO of the former Bellum Entertainment, a TV production company in Burbank, California, is wanted for allegedly scamming banks out of tens of millions almost 10 years ago.

Named by authorities as Mary Carole McDonnell, the FBI said she has been on the run since she allegedly bilked banks in Los Angeles and Orange counties out of nearly $30 million in 2017 and 2018.

It was alleged this happened while she was pretending to be the heiress of the McDonnell aircraft family.

This roughly $30 million fraud scheme led to a federal arrest warrant issued against McDonnell who was charged with bank fraud and aggravated identity theft.

She is on the most wanted list of fraudsters (FBI)

A reward of up to $150,000 has now been offered for information leading to her arrest and conviction, the FBI said.

She is currently thought to be in Dubai and has ties to Southern California and Montgomery, Alabama.

The notice issued by the FBI reads: "Mary Carole McDonnell is wanted for her alleged involvement in a fraud scheme in Los Angeles and Orange Counties in California.

"Beginning in approximately July of 2017, and continuing to May of 2018, McDonnell is alleged to have knowingly, and with the intent to defraud, devised and participated in a scheme to obtain money, funds, assets, and property owned by Banc of California.

The former exec is wanted by the FBI (Getty stock)

"Through this scheme, McDonnell allegedly and fraudulently obtained a total of approximately $14.7 million from the bank to which she knew she was not entitled and has not paid back.

"It is alleged that McDonnell also defrauded additional financial institutions in a similar fashion, with an estimated loss of over $15 million.

"McDonnell falsely claims to be an heir to the McDonnell Aircraft Family, with an $80 million secret trust to which she will have access.

"On December 12, 2018, a federal arrest warrant was issued for McDonnell in the United States District Court after she was charged with Bank Fraud and Aggravated Identity Theft. It is believed McDonnell is currently in Dubai."

Mary McDonnell's picture has also been circulated (FBI)

McDonnell was formerly CEO of Bellum Entertainment Group, a TV company first founded in 2004 that closed in 2017 after an investigation into misclassified workers and missed payrolls.

She is described as 5ft 7ins tall, weighing approximately 145 pounds. She has blonde hair and blue eyes, and detectives say she has a notable scar on her right knee.

However, the FBI said she may have changed her appearance over the years and has used a number of aliases, including Mary C. Caroll and Mary Carole Carroll, Mary Carol McDonnell, Mary Caroll McDonell and Mary Caroll McDonald.