Director found guilty of scamming Netflix out of $11 million
TL;DR
Hollywood director Carl Erik Rinsch was found guilty of defrauding Netflix out of $11 million, using the funds for luxury purchases like Rolls-Royces and a Ferrari. The charges included fraud and money laundering related to a sci-fi series project.
Hollywood director Carl Erik Rinsch was convicted of scamming $11 million from Netflix to spend on luxury items, including five Rolls-Royces and a Ferrari, as reported earlier by Deadline. A New York jury found Rinsch guilty of several charges on Thursday, including fraud and money laundering.
Rinsch, who's known for directing 47 Ronin, was charged with fraud in March after prosecutors say he stole the $11 million he received from Netflix to complete an upcoming sci-fi series called White Horse (later renamed Conquest). The series followed a "genius who invents a humanlike species called the Organic Intelligent," and it all goes very wrong, …