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Director Carl Erik Rinsch arrested for swindling Netflix out of $11M

Hollywood writer and director Carl Erik Rinsch has been arrested for allegedly cheating Netflix out of $11 million. Rinsch was arrested in West Hollywood, California, on Tuesday on wire fraud and money laundering charges for allegedly running a scheme to defraud the streaming service, according to The Associated Press.  He is being accused of spending … Read more

‘47 Ronin’ director arrested on charges of swindling Netflix out of $11 million he used on crypto, a fleet of Rolls-Royces and a Ferrari

A Hollywood writer-director was arrested Tuesday on charges that he swindled $11 million from Netflix for a sci-fi show that never aired, instead steering the cash toward cryptocurrency investments and a series of lavish purchases that included a fleet of Rolls-Royces and a Ferrari. Carl Erik Rinsch — perhaps best known for directing the film … Read more

Crypto influencer sentenced to 45 months for swindling $2m from investors

Thomas John “T.J. Stone” Sfraga was sentenced in federal court for scamming real estate and crypto investors through a business inspired by the 90s TV show Seinfeld. According to a press release from the U.S. Attorney’s Office, Sfraga was sentenced to 45 months in prison and ordered to pay nearly $1.4 million in forfeiture to … Read more

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