Filmmaker Accused of Misusing $11M From Netflix on Crypto, Stocks

The Department of Justice (DOJ) has arrested filmmaker Carl Erik Rinsch, alleging he misused $11 million from Netflix — intended for a sci-fi series — to gamble on stocks and cryptocurrency instead. According to a press release by the U.S. Attorney’s Office for the Southern District of New York, Rinsch was taken into custody on March 18 in West Hollywood, California, following allegations that he defrauded Netflix out of millions intended for a sci-fi series source: https://news.shib.io/2025/03/20/filmmaker-accused-of-misusing-11m-from-netflix-on-crypto-stocks/?utm_source=rss&utm_medium=rss&utm_campaign=filmmaker-accused-of-misusing-11m-from-netflix-on-crypto-stocks