Hollywood director accused of swindling $11M from Netflix for unreleased series

Director Carl Erik Rinsch was arrested for allegedly defrauding Netflix of $11 million meant for his sci-fi show “White Horse.” Prosecutors claim Rinsch diverted funds to cryptocurrency investments and personal purchases, including multiple Rolls-Royces, a Ferrari, luxury furniture, and designer goods. After losing half the money in investments, he reportedly used crypto profits to fund his lavish spending spree.READ FULL