Hollywood director found guilty of scamming Netflix out of $11m for phantom show
NegativeWorld Affairs

- Carl Rinsch, a Hollywood director known for the film 47 Ronin, was found guilty of defrauding Netflix out of $11 million for a non-existent show. He was convicted on charges of wire fraud and money laundering, with evidence showing he used the funds for extravagant purchases, including luxury cars and bedding.
- This conviction highlights significant issues within the entertainment industry regarding financial oversight and accountability. It raises concerns about how funds are managed and the potential for similar fraudulent activities, impacting trust between production companies and streaming services like Netflix.
— via World Pulse Now AI Editorial System
