tldr; Filmmaker Carl Rinsch was found guilty of defrauding Netflix out of $11 million, which he used to invest in cryptocurrencies, luxury goods, and personal expenses. Rinsch, commissioned to produce the sci-fi series ‚Conquest,‘ misappropriated funds meant for production. He faces up to 90 years in prison for wire fraud, money laundering, and other charges. Netflix canceled the series in 2021 after production milestones were unmet, writing off $55 million in funding.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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They can make a movie about it.
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tldr; Filmmaker Carl Rinsch was found guilty of defrauding Netflix out of $11 million, which he used to invest in cryptocurrencies, luxury goods, and personal expenses. Rinsch, commissioned to produce the sci-fi series ‚Conquest,‘ misappropriated funds meant for production. He faces up to 90 years in prison for wire fraud, money laundering, and other charges. Netflix canceled the series in 2021 after production milestones were unmet, writing off $55 million in funding.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
They can make a movie about it.