Feds charge filmmaker with stealing $11M from Netflix to gamble on crypto, stocks

US federal authorities have arrested and indicted a filmmaker, accusing him of spending $11 million given by Netflix to gamble on stocks and crypto instead of using it to finance a science fiction TV show.The Department of Justice said in an indictment unsealed in a Manhattan federal court on March 18 that it had charged Carl Erik Rinsch with fraud and money laundering, and he could face... source: https://cointelegraph.com/news/filmmaker-charged-alleged-11-million-defraud-netflix-gamble-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound