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Director Carl Rinsch Sentenced to 30 Months Over $11 Million Netflix Fraud Scheme
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Director Carl Rinsch Sentenced to 30 Months Over $11 Million Netflix Fraud Scheme

The Hollywood Reporter·Winston Cho·3 months ago
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Logo text 47 Ronin director Carl Erik Rinsch was sentenced Monday to 30 months in prison for defrauding Netflix out of $11 million from a deal with the company to make a sci-fi series he never delivered. A Manhattan jury last year found Rinsch guilty of wire fraud, money laundering and multiple counts related to engaging in illegal monetary transactions. He had spent funds earmarked for a series titled White Horse on risky securities trades, using profits from those investments to sue Netflix for further payments to finish the show and purchase luxury goods. Rinsch faced a maximum term of 90 years, with federal prosecutors recommending a 60-month prison sentence. Instead, U.S. District Judge Jed Rakoff issued a sentence on the lower end of the sentencing guidelines after evidence of an untreated mental health condition emerged. “The perhaps improper medication Mr. Rinsch received may have played a role,” Rakoff said at the hearing, according to Inner City Press.…

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