1 Day
Source:
Los Angeles Times
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47 Ronin director sentenced for Netflix fraud
Director Carl Rinsch was sentenced to 30 months in federal prison for defrauding Netflix of $11 million, which was intended for a TV series he never completed. He transferred the funds into his personal accounts and lost most of the money through risky investments and cryptocurrency speculation. Rinsch was also ordered to forfeit the full amount and serve three years of supervised release.
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