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American director Karl Rench has been sentenced to 30 months in prison for wire fraud related to Netflix, after being convicted of misusing $11 million received from the platform for producing a science fiction series. Instead of investing the funds into production, Rench engaged in stock and cryptocurrency gambling, and spent large sums on luxury goods, a Ferrari, and five Rolls-Royce cars. His seized assets were also forfeited. The court described the circumstances as driven by professional pressures and bitter divorce disputes, noting that the conflict was with Netflix over a series project previously known as "White Horse."
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