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Director Convicted of $11M Netflix Scam
11 Dec
Summary
- A director was found guilty of defrauding Netflix of over $11 million.
- The charges stem from a never-completed sci-fi series titled 'White Horse'.
- He faces a potential maximum sentence of 90 years in prison.
Director Carl Rinsch has been found guilty by a New York jury for defrauding the streaming giant Netflix out of over $11 million. The conviction relates to the development of his sci-fi series, "White Horse," which was never completed.
Rinsch was charged with wire fraud, money laundering, and engaging in illegal monetary transactions. Prosecutors indicted him in March, alleging he scammed the streamer. The jury's verdict now places him at risk of a significant prison sentence.
He faces a maximum of 90 years behind bars for the various charges. This includes 20 years for wire fraud and another 20 years for money laundering, with an additional 10 years for each of the five counts of engaging in unlawful monetary transactions.
