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American director Carl Rinch gets 30 months in fraud case
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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