Published 1 year ago

Former MoviePass executives face fraud charges

Summary by Ground News

J. Mitchell Lowe and Theodore Farnsworth allegedly schemed to defraud MoviePass investors. The men each face one count of securities fraud and three counts of wire fraud with a maximum of 20 years in prison. Farnsworth had a first appearance in DC District Court Friday after he voluntarily turned himself in.

0 Articles

All

Left

Center

Right

CNN

Former MoviePass executives face fraud charges

MoviePass's former CEO and the leader of its former parent company have been indicted on securities fraud charges for deceiving investors on the sustainability and profitability of the company's movie-a-day subscription model, according to a Department of Justice release on Friday.

1 year ago·Atlanta, United States

Read Full Article

KRDO

Former MoviePass executives face fraud charges

By Jennifer Korn MoviePass’s former CEO and the leader of its former parent company have been indicted on securities fraud charges for deceiving investors on the sustainability and profitability of the company’s movie-a-day subscription model, according to a Department of Justice release on Friday. J. Mitchell Lowe, previous CEO of the movie ticket subscription service,

1 year ago·Colorado Springs, United States

Read Full Article

WISH-TV

Former MoviePass executives face fraud charges

(CNN) -- MoviePass's former CEO and the leader of its former parent company have been indicted on securities fraud charges for deceiving investors on the sustainability and profitability of the company's movie-a-day subscription model, according to a Department of Justice release on Friday. J. Mitchell Lowe,

1 year ago·Indianapolis, United States

Read Full Article

Pittsburgh Post-Gazette

Former MoviePass executives face fraud charges

MoviePass's former CEO and the leader of its former parent company have been indicted on securities fraud charges for deceiving investors on the sustainability...

1 year ago·Pittsburgh, United States

Read Full Article