Hollywood director arrested on charges of swindling Netflix out of $11M for a show that never aired

APNews - 18/03
A Hollywood writer-director has been arrested on charges that he swindled $11 million from Netflix for a sci-fi show that never aired, instead steering the cash toward cryptocurrency investments and a series of lavish purchases that included a fleet of Rolls-Royces and a Ferrari.

NEW YORK (AP) — A Hollywood writer-director was arrested Tuesday on charges that he swindled $11 million from Netflix for a sci-fi show that never aired, instead steering the cash toward cryptocurrency investments and a series of lavish purchases that included a fleet of Rolls-Royces and a Ferrari.

Carl Erik Rinsch — perhaps best known for directing the film “47 Ronin” — has been charged with wire fraud and money laundering over what federal prosecutors allege was a scheme to defraud the...
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