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Director convicted of scamming $11M from Netflix and going on lavish spending spree

Carl Erik Rinsch, a Hollywood director, was convicted of defrauding Netflix out of $11 million intended for a never-completed sci-fi series titled 'White Horse.' Rinsch used the funds for extravagant purchases, including luxury cars and bedding, and now faces a lengthy prison sentence for his actions.

Director convicted of scamming $11M from Netflix and going on lavish spending spree

Credit: Livemint

Key Highlights

  • Rinsch was convicted of wire fraud and money laundering.
  • He secured $11 million from Netflix for a series that was never completed.
  • Rinsch's extravagant spending included Rolls-Royces and a Ferrari.
  • He faces a potential sentence of up to 90 years in prison.
  • Sentencing is scheduled for April 17.
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Sources

  1. Hollywood Director Is Convicted in $11 Million Scheme to Defraud Netflix
  2. Director convicted of scamming $11M from Netflix and going on lavish spending spree
  3. Director Carl Rinsch Found Guilty of Swindling Netflix Out of $11 Million
  4. Guilty! Director Who Scammed Netflix Out Of Millions Faces Decades Behind Bars

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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