DiscoverBitcoin & Crypto News Today | 2 Min News | The Daily News Now!Filmmaker Guilty of Netflix Fraud, Luxury Spending
Filmmaker Guilty of Netflix Fraud, Luxury Spending

Filmmaker Guilty of Netflix Fraud, Luxury Spending

Update: 2025-12-12
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Filmmaker Carl Rinsch faces up to ninety years in prison after being found guilty of defrauding Netflix and misusing eleven million dollars meant for a science fiction series. He diverted the funds into personal accounts, investing in securities, cryptocurrency, and luxury items like cars and watches. Netflix canceled the series and wrote off the fifty-five million dollars invested. Rinsch is scheduled for sentencing in April 2026.

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Filmmaker Guilty of Netflix Fraud, Luxury Spending

Filmmaker Guilty of Netflix Fraud, Luxury Spending