Hollywood Director Jailed for Defrauding Netflix of $11 Million
US director Carl Erik Rinsch will spend 30 months in prison after his conviction for defrauding Netflix of $11 million. A federal court found him guilty of wire fraud and money laundering tied to the unfinished sci-fi series White Horse (later Conquest). Netflix paid Rinsch about $44 million from 2018 to 2019, then advanced another $11 million in 2020 to complete production. Prosecutors say he diverted the extra funds into personal accounts, losing half in failed investments before trading crypto. He then spent lavishly on cars, luxury watches, clothes, bedding and paid off $1.8 million in credit cards. US District Judge Jed S. Rakoff acknowledged Rinsch’s mental health struggles but ruled they did not excuse his deliberate deception. Rinsch is best known for directing the 2013 film 47 Ronin.
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