Hollywood director arrested on charges of swindling Netflix out of $11M for a show that never aired
Source: Associated Press
Hollywood director arrested on charges of swindling Netflix out of $11M for a show that never aired
Updated 5:59 PM EDT, March 18, 2025
NEW YORK (AP) — A Hollywood writer-director was arrested Tuesday on charges that he swindled $11 million from Netflix for a sci-fi show that never aired, instead steering the cash toward cryptocurrency investments and a series of lavish purchases that included a fleet of Rolls-Royces and a Ferrari.
Carl Erik Rinsch — perhaps best known for directing the film “47 Ronin” — has been charged with wire fraud and money laundering over what federal prosecutors allege was a scheme to defraud the streaming giant.
It is unclear if Rinsch has hired an attorney. Netflix declined to comment.
Prosecutors said Netflix had initially paid about $44 million to purchase an unfinished show called “White Horse” from Rinsch, but eventually doled out another $11 million after he said he needed the additional cash to complete the show.
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Read more: https://apnews.com/article/netflix-rinsch-aea5fb149cb5846500c1ad262c26b0c5
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