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.
The U.S. Attorney's Office, Southern District of New York announced in a news release on Tuesday, March 18 that Los Angeles writer and director Carl Erik Rinsch was arrested on wire fraud and money laundering charges after allegedly using $11 million from Netflix to fund his luxurious lifestyle inst…
Hollywood director Carl Erik Rinsch was arrested on Tuesday on wire fraud and money laundering charges. Rinsch is being accused of swindling $11 million from Netflix.
Carl Rinsch allegedly defrauded Netflix of $11 million intended for a series that was never finished. Arrested in West Hollywood, he faces trial in New York.
Carl Erik Rinsch, known for directing the film "47 Ronin," is charged with wire fraud and money laundering for allegedly spending millions meant to fund a Netflix sci-fi series.