Some countries have VERY generous laws about permitting huge write-offs on investments in movies that fail...
I am strongly reminded of The Producers.
Basic idea: Vastly oversell shares in your production (say, like 8,000%). Make sure your production is a flop - since it is a flop, everyone *assumes* you lost all the money, and nobody looks too closely at the books, allowing the producers to take off with a chunk of cash.
Of course, if the production is a success despite your best efforts, and everyone starts looking for their share of the profits, wackiness ensues.