"A Manhattan federal jury on Thursday found Carl Rinsch guilty on charges that he scammed Netflix out of $11 million in a lavish spending spree. After less than five hours of deliberation, the jury said it found Rinsh guilty on all seven counts, including fraud, money laundering, and illegal money transmission. He faces up to 90 years in prison, but is expected to be sentenced to far less."
"The case centered on the millions of dollars Netflix paid Rinsch to film "White Horse," a sci-fi epic about a world where clone-like beings, after a schism with humankind, create their own society walled off from the rest of the world. Rinsch testified in his own defense earlier this week. Rinsch - a Ridley Scott protege who previously directed the Keanu Reeves-starring "47 Ronin" - shot footage for "White Horse" on two continents."
A Manhattan federal jury convicted Carl Rinsch on seven counts, including fraud, money laundering, and illegal money transmission, over an $11 million Netflix payment. The jury deliberated less than five hours before reaching the verdict. Rinsch directed footage for the sci-fi project "White Horse" on two continents and exceeded the original $44 million budget, prompting negotiations and an additional $11 million from Netflix in March 2020. Rinsch testified in his own defense and described his franchise ambitions for the project. He faces statutory maximum penalties far exceeding likely sentencing outcomes.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]