Director Rinsch convicted of scamming $11M from Netflix
The director used $11 million from Netflix for luxury cars and $1 million in high-end mattresses, according to court records from the conviction this week.
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A Hollywood director was convicted of joi because he hired Netflix with 11 million dollars for a series that never materialized, while he used money for extravagance purchases, including more Rolls-Royce and a Ferrari. About $1 million were used to buy luxury salads and leather.
Director convicted of scamming $11M from Netflix
NEW YORK — A Hollywood director was convicted Thursday on charges that he scammed Netflix out of $11 million for a show that never materialized, while he instead used the cash for lavish purchases that included several Rolls-Royces, a Ferrari…
Who Is Carl Erik Rinsch? Keanu Reeves’ 47 Ronin Director Convicted in $11 Million Netflix Fraud Case, Faces Up to 20 Years
With the latest reports on the developing wire fraud case against filmmaker Carl Erik Rinsch, most famous for making 2013’s 47 Ronin, he has just been convicted of the aforementioned charge and many others (via LA Times). And according to his lawyer, Benjamin Zeman, Netflix is setting a bad precedent in the film industry for creative individuals. He said: I think the verdict was wrong and I fear that this could set a dangerous precedent for arti…
Hollywood Director Convicted After $11M Netflix Funds Diverted to Crypto Bets
Hollywood director Carl Erik Rinsch was convicted in Manhattan federal court for defrauding Netflix of $11 million intended for a science fiction television series that never materialized. A federal jury found the 48-year-old director guilty of multiple counts of wire fraud and money laundering, after prosecutors said he siphoned the funds for personal use, including high-risk stock trades, cryptocurrency investments, luxury cars, watches, and f…
The case involving Director Carl Erik Rinsch gained international prominence by bringing together the universe of entertainment, large amounts of audio-visual investment and serious criminal charges. At the age of 48, the filmer was considered guilty of fraud, money-laundering and illegal monetary transactions in the United States, after the irregular use of resources received for the... The post Director is convicted of stealing US$ 11 million …
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