Hollywood filmmaker Carl Erik Rinsch scammed Netflix out of $11 million and blew the cash on crypto memes making some profits with Dogecoin

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"Carl Erik Rinsch, who directed the 2013 Keanu Reeves film “47 Ronin,” was on Thursday found guilty of defrauding the streaming service into giving him the cash to make a science fiction show called “White Horse.” After receiving $44 million, Rinsch, 48, persuaded Netflix to give him another $11 million in 2020. But instead of using the money to fund the show, Rinsch transferred the money to a personal brokerage account and lost most of it speculating on “extremely risky” securities, according to court documents."

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Spencer420

After receiving $44 million, Rinsch, 48, persuaded Netflix to give him another $11 million in 2020.

But instead of using the money to fund the show, Rinsch transferred the money to a personal brokerage account and lost most of it speculating on “extremely risky” securities, according to court documents."

Maven

So what's his fate 😅?

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Hollywood filmmaker Carl Erik Rinsch scammed Netflix out of $11 million and blew the cash on crypto memes making some profits with Dogecoin

More coverage

Explore the topic

More on Netflix

Paramount Skydance signs $110B deal to acquire Warner Bros. Discovery after outbidding Netflix, exec confirms at townhall

Carl Rinsch, director of 47 Ronin, was found guilty of defrauding Netflix and diverting $11M into crypto speculation and luxury purchases. He faces up to 90 years as prosecutors detail losses, Dogecoin bets, and extravagant spending.

Quantum breakthroughs from Microsoft, Google & IBM suggest the long-promised tech is finally near, yet most firms are unprepared. Nvidia’s Jensen Huang now says quantum is at an “inflection point,” but corporate America risks a Blockbuster-vs-Netflix moment.

New crypto documentary about the $240m Malone Lam crypto heist set to debut on Netflix soon

Netflix announces "The Altruists," a limited series based on SBF and Caroline Ellison

Paramount Skydance signs $110B deal to acquire Warner Bros. Discovery after outbidding Netflix, exec confirms at townhall

Carl Rinsch, director of 47 Ronin, was found guilty of defrauding Netflix and diverting $11M into crypto speculation and luxury purchases. He faces up to 90 years as prosecutors detail losses, Dogecoin bets, and extravagant spending.

Quantum breakthroughs from Microsoft, Google & IBM suggest the long-promised tech is finally near, yet most firms are unprepared. Nvidia’s Jensen Huang now says quantum is at an “inflection point,” but corporate America risks a Blockbuster-vs-Netflix moment.

New crypto documentary about the $240m Malone Lam crypto heist set to debut on Netflix soon

Netflix announces "The Altruists," a limited series based on SBF and Caroline Ellison

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More on Netflix

Paramount Skydance signs $110B deal to acquire Warner Bros. Discovery after outbidding Netflix, exec confirms at townhall

Carl Rinsch, director of 47 Ronin, was found guilty of defrauding Netflix and diverting $11M into crypto speculation and luxury purchases. He faces up to 90 years as prosecutors detail losses, Dogecoin bets, and extravagant spending.

Quantum breakthroughs from Microsoft, Google & IBM suggest the long-promised tech is finally near, yet most firms are unprepared. Nvidia’s Jensen Huang now says quantum is at an “inflection point,” but corporate America risks a Blockbuster-vs-Netflix moment.

New crypto documentary about the $240m Malone Lam crypto heist set to debut on Netflix soon

Netflix announces "The Altruists," a limited series based on SBF and Caroline Ellison

Paramount Skydance signs $110B deal to acquire Warner Bros. Discovery after outbidding Netflix, exec confirms at townhall

Carl Rinsch, director of 47 Ronin, was found guilty of defrauding Netflix and diverting $11M into crypto speculation and luxury purchases. He faces up to 90 years as prosecutors detail losses, Dogecoin bets, and extravagant spending.

Quantum breakthroughs from Microsoft, Google & IBM suggest the long-promised tech is finally near, yet most firms are unprepared. Nvidia’s Jensen Huang now says quantum is at an “inflection point,” but corporate America risks a Blockbuster-vs-Netflix moment.

New crypto documentary about the $240m Malone Lam crypto heist set to debut on Netflix soon

Netflix announces "The Altruists," a limited series based on SBF and Caroline Ellison

Hollywood filmmaker Carl Erik Rinsch scammed Netflix out of $11 million and blew the cash on crypto memes making some profits with Dogecoin

More coverage

Explore the topic

More on Netflix

Paramount Skydance signs $110B deal to acquire Warner Bros. Discovery after outbidding Netflix, exec confirms at townhall

Carl Rinsch, director of 47 Ronin, was found guilty of defrauding Netflix and diverting $11M into crypto speculation and luxury purchases. He faces up to 90 years as prosecutors detail losses, Dogecoin bets, and extravagant spending.

Quantum breakthroughs from Microsoft, Google & IBM suggest the long-promised tech is finally near, yet most firms are unprepared. Nvidia’s Jensen Huang now says quantum is at an “inflection point,” but corporate America risks a Blockbuster-vs-Netflix moment.

New crypto documentary about the $240m Malone Lam crypto heist set to debut on Netflix soon

Netflix announces "The Altruists," a limited series based on SBF and Caroline Ellison

Paramount Skydance signs $110B deal to acquire Warner Bros. Discovery after outbidding Netflix, exec confirms at townhall

Carl Rinsch, director of 47 Ronin, was found guilty of defrauding Netflix and diverting $11M into crypto speculation and luxury purchases. He faces up to 90 years as prosecutors detail losses, Dogecoin bets, and extravagant spending.

Quantum breakthroughs from Microsoft, Google & IBM suggest the long-promised tech is finally near, yet most firms are unprepared. Nvidia’s Jensen Huang now says quantum is at an “inflection point,” but corporate America risks a Blockbuster-vs-Netflix moment.

New crypto documentary about the $240m Malone Lam crypto heist set to debut on Netflix soon

Netflix announces "The Altruists," a limited series based on SBF and Caroline Ellison

Comments

Total stats

How to Earn

More on Netflix

Paramount Skydance signs $110B deal to acquire Warner Bros. Discovery after outbidding Netflix, exec confirms at townhall

Carl Rinsch, director of 47 Ronin, was found guilty of defrauding Netflix and diverting $11M into crypto speculation and luxury purchases. He faces up to 90 years as prosecutors detail losses, Dogecoin bets, and extravagant spending.

Quantum breakthroughs from Microsoft, Google & IBM suggest the long-promised tech is finally near, yet most firms are unprepared. Nvidia’s Jensen Huang now says quantum is at an “inflection point,” but corporate America risks a Blockbuster-vs-Netflix moment.

New crypto documentary about the $240m Malone Lam crypto heist set to debut on Netflix soon

Netflix announces "The Altruists," a limited series based on SBF and Caroline Ellison

Paramount Skydance signs $110B deal to acquire Warner Bros. Discovery after outbidding Netflix, exec confirms at townhall

Carl Rinsch, director of 47 Ronin, was found guilty of defrauding Netflix and diverting $11M into crypto speculation and luxury purchases. He faces up to 90 years as prosecutors detail losses, Dogecoin bets, and extravagant spending.

Quantum breakthroughs from Microsoft, Google & IBM suggest the long-promised tech is finally near, yet most firms are unprepared. Nvidia’s Jensen Huang now says quantum is at an “inflection point,” but corporate America risks a Blockbuster-vs-Netflix moment.

New crypto documentary about the $240m Malone Lam crypto heist set to debut on Netflix soon

Netflix announces "The Altruists," a limited series based on SBF and Caroline Ellison