- Carl Erik Rinsch, Director 47 RoninIt faces accusations for fraud in wires, money laundering and involving in cash transactions in the property obtained from the aforementioned illegal activity.
- He allegedly requested $ 11 million to finance the completion of the TV show on which he worked, but instead used money on luxury items, shares markets and crypto currencies.
- According to the indictment, Rinsch never finished the show and “never returned falsely obtained funds.”
The federal prosecutors of the Hollywood film were charged with federal prosecutors of theft of more than $ 11 million from Streaming, which they will use for personal expenses, instead of creating a show, according to the authorities.
On Tuesday, March 18, the US lawyer, South District of New York, announced in an informative edition that writer and director Los Angeles Carl Erik Rinsch, 47, was arrested and charged with a point of fraud of wire, one dot of money laundering and five points of engagement in monetary transactions from certain invalid activities.
According to the indictment, Rinsch reached an agreement with the Streaming service – which Netflix identified as New York Times – To end science fiction called White horse. Netflix allegedly paid Rinsch about $ 44 million between 2018 and 2019 for “existing episodes” that were already recorded and also “Fund’s Completion of the rest of the show” Nyt pointed out later renamed in Conquest.
The director allegedly asked Netflix for more money to finance the project between 2019 and 2020. The indictment claims that Streaming Service “eventually agreed to pay” an additional $ 11 million to Rinsch to the company on March 6, 2020.
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Director Carl Erik Rinsch in Los Angeles on September 2, 2015.
John Sciulli/Getty
“The whole of these funds had to be spent on the end White horse“The US lawyer’s office claimed in the issue.” But Rinsch did not use these funds to complete White horse. ”
According to the indictment, Rinsch allegedly transferred the funds he received “through several different bank accounts before combining them in the account for personal brokerage,” and then used funds for personal costs, including shares trading – which were “unsuccessful”.
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The director allegedly “lost more than half of” $ 11 million “less than two months” after receiving funds from Netflix. The indictment then claims that the rest of the money was later used on “Crypto Currency” and “personal costs and luxury cases”.
According to the law office, he allegedly spent more than $ 3.7 million on furniture and antiques, more than $ 2.4 million to buy luxury cars, including five rolls and one Ferrari, and more than $ 600,000 on watches and clothing.
Authorities also claim that 47 Ronin The director spent $ 1.7 million on credit card accounts and over $ 1.4 million on lawyers and lawyers to sue Netflix for “even more money”.
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According to the indictment, Rinsch never finished the show and “never returned falsely obtained funds.”
Netflix canceled the development of Rinsch’s show in early 2021 after he began to exhibit unusual behavior in messages sent to a company, he states Nyt. After the director was informed that Streaming Service would stop funding the show, he allegedly went to consumption with the remaining money money.
According to NytHe claimed that the luxury items he had bought were to be used in the show, but an arbitrator and a former higher court judge in Los Angeles, Rita Miller, ruled that no one of the purchase needed to produce. Netflix eventually wrote off $ 55 million he gave to the director.
“Carl Rinsch allegedly stole more than $ 11 million from a prominent streaming platform for financing of purchases and personal investment instead of completing the promised television series.
Rinsch faces a maximum sentence of 90 years in prison, and charges of fraud and money laundering from each have carried a maximum of 20 years, while each of the five points involved in a monetary transaction in the property obtained from a certain illegal activity to result in 10 years of prison time.
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Source: HIS Education