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Hollywood Director CONVICTED: Drained $11M Netflix Cash on Crypto & Rolls-Royces 🚨
This is a stark reminder of the risks involved when passion meets massive sums of money. Director Carl Rinsch, known for "47 Ronin," has been found guilty of defrauding Netflix out of $11 million intended for his sci-fi series. Instead of finishing production, Rinsch allegedly gambled the funds on speculative stock options and cryptocurrency, even reportedly making heavy bets on $DOGE. The jury found he then splurged millions on luxury cars, watches, and high-end goods. While Rinsch claimed it was a dispute over reimbursement, prosecutors saw a clear scheme to defraud. This case highlights the wild swings of fortune and the critical need for responsible financial management, especially when dealing with significant capital.
#CryptoNews #Fraud #Netflix #Filmmaker #FinancialCrime 🚨
This is a stark reminder of the risks involved when passion meets massive sums of money. Director Carl Rinsch, known for "47 Ronin," has been found guilty of defrauding Netflix out of $11 million intended for his sci-fi series. Instead of finishing production, Rinsch allegedly gambled the funds on speculative stock options and cryptocurrency, even reportedly making heavy bets on $DOGE. The jury found he then splurged millions on luxury cars, watches, and high-end goods. While Rinsch claimed it was a dispute over reimbursement, prosecutors saw a clear scheme to defraud. This case highlights the wild swings of fortune and the critical need for responsible financial management, especially when dealing with significant capital.
#CryptoNews #Fraud #Netflix #Filmmaker #FinancialCrime 🚨
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