Finance Daily News
  • Business
  • Economics
  • Markets
  • Tech
  • Retirement
No Result
View All Result
  • Business
  • Economics
  • Markets
  • Tech
  • Retirement
No Result
View All Result
Finance Daily News
No Result
View All Result
Home Business

Director ‘blew $11 million on Netflix series for fancy cars, hotels’

Christopher Yarborough by Christopher Yarborough
March 21, 2025
in Business, Economics
A man with long hair in a suit holding a microphone with a Netflix sign in the background.

A Netflix director has been accused of embezzling $11 million that was meant for a Sci-Fi series, spending it on divorce attorneys, luxurious hotels, cars, and antique furniture. The police arrested Carl Erik Rinsch, 47, in West Hollywood on Tuesday and charged him with fraud and money laundering. It is claimed that he conspired to defraud Netflix. Rinsch is said to have submitted a Sci-Fi series called White Horse (also called Conquest) to Netflix in 2018. He had already shot six episodes and a trailer with the help of his mentor, Keanu Reeves. Netflix agreed to invest $44 million to acquire the show and to produce the first season of the show and filming was to begin in 2019 in Kenya, Mexico, Romania, Berlin, Hungary and Uruguay. The problem started when Rinsch who was in Brazil to film the series asked for more money from Netflix, saying that he could only finish one episode although he had promised seven episodes. By December 2019, production in Hungary had ground to a halt. On March 15, 2020, Netflix wired Rinsch $11 million, the court records state.

The money was said to have been placed into personal accounts and invested poorly in the stock market, as stated in court documents. While telling Netflix that the production of White Horse is “awesome and moving forward really well,” Rinsch invested the last money provided for the project into cryptocurrency and made a fortune, which he transferred to his personal account, as the indictment says. The court documents contain the list of his expenditures: * $3 million on credit card bills, lawyers to sue Netflix, and divorce attorneys. * Extended stays at the Four Seasons and other similar places. * Almost $4 million on furniture and antiques. * $652,000 on watches and clothing. * $638,000 on mattresses. * $295,000 on high-end bedding. Furthermore, he is accused of spending $2.4 million on five Rolls-Royces and a Ferrari.

Previous Post

Could AI Agents Take Over Blockchain Mining?

Next Post

Bitcoin’s Bullish Form Returns – Huge Uptrend Near?

Related Posts

BlockDAG's X1 & X10 Demo Shines as XRP & AVAX Gain Momentum
Business

BlockDAG’s X1 & X10 Demo Shines as XRP & AVAX Gain Momentum

Ethereum Hits Record $4,880 After 15% Intraday Rally
Business

Ethereum Hits Record $4,880 After 15% Intraday Rally

Bitcoin Price Stumbles to $112,301 Ahead of Powell's Jackson Hole Speech
Business

Bitcoin Price Stumbles to $112,301 Ahead of Powell’s Jackson Hole Speech

Impersonator Posing as UK Enforcement Officer Scams Victim of €2.1M in Bitcoin
Business

Impersonator Posing as UK Enforcement Officer Scams Victim of €2.1M in Bitcoin

Intel Core logo displayed on a blue background with illuminated effects.
Business

Trump Administration Weighs 10% Government Stake in Intel

MSNBC to Rebrand as MS NOW Ahead of Comcast Spinoff
Business

MSNBC to Rebrand as MS NOW Ahead of Comcast Spinoff

Next Post
Bitcoin market

Bitcoin’s Bullish Form Returns - Huge Uptrend Near?

Comments 53

  1. 📱 + 1.103090 BTC.NEXT - https://graph.org/Message--17856-03-25?hs=36e575309e772be9c1dc8479f659f3ed& 📱 says:
    5 months ago

    ppow8p

  2. 🔐 + 1.897441 BTC.NEXT - https://graph.org/Official-donates-from-Binance-04-01?hs=36e575309e772be9c1dc8479f659f3ed& 🔐 says:
    4 months ago

    dgygue

  3. * * * Snag Your Free Gift: https://datagrab.ru/index.php?mz6blw * * * hs=36e575309e772be9c1dc8479f659f3ed* ххх* says:
    4 months ago

    93gy24

  4. 🔓 + 1.371549 BTC.NEXT - https://graph.org/Payout-from-Blockchaincom-06-26?hs=36e575309e772be9c1dc8479f659f3ed& 🔓 says:
    2 months ago

    9yisvz

  5. THC edibles says:
    2 months ago

    Good shout.

  6. THC edibles says:
    2 months ago

    Good shout.

  7. snow caps weed says:
    2 months ago

    Nice

  8. ace ultra premium 2g disposable review says:
    2 months ago

    Nice

  9. full spectrum cbd gummies says:
    2 months ago

    full spectrum cbd gummies area 52

  10. best disposable vaporizers says:
    2 months ago

    best disposable vaporizers area 52

  11. distillate carts says:
    2 months ago

    distillate carts area 52

  12. thcv gummies says:
    2 months ago

    thcv gummies area 52

  13. cbd gummies for sleep says:
    2 months ago

    cbd gummies for sleep area 52

  14. buy thca says:
    2 months ago

    buy thca area 52

  15. weed pen says:
    2 months ago

    weed pen area 52

  16. buy pre rolls online says:
    2 months ago

    buy pre rolls online area 52

  17. infused pre rolls says:
    2 months ago

    infused pre rolls area 52

  18. thc microdose gummies says:
    2 months ago

    thc microdose gummies area 52

  19. live resin says:
    2 months ago

    live resin area 52

  20. amanita muscaria gummies says:
    2 months ago

    amanita muscaria gummies area 52

  21. best thca says:
    2 months ago

    best thca area 52

  22. live resin carts says:
    2 months ago

    live resin carts area 52

  23. live rosin gummies says:
    2 months ago

    live rosin gummies area 52

  24. best sativa thc edibles says:
    2 months ago

    best sativa thc edibles area 52

  25. mood gummies says:
    2 months ago

    mood gummies area 52

  26. hybrid gummies says:
    2 months ago

    hybrid gummies area 52

  27. live resin gummies says:
    2 months ago

    live resin gummies area 52

  28. indica vape says:
    2 months ago

    indica vape area 52

  29. snow caps weed says:
    2 months ago

    snow caps weed area 52

  30. hybrid thc vape says:
    2 months ago

    hybrid thc vape area 52

  31. thc sleep gummies says:
    2 months ago

    thc sleep gummies area 52

  32. thca gummies says:
    2 months ago

    thca gummies area 52

  33. indica gummies says:
    2 months ago

    indica gummies area 52

  34. thc pen says:
    2 months ago

    thc pen area 52

  35. thc gummies for anxiety says:
    2 months ago

    thc gummies for anxiety area 52

  36. weed pen says:
    2 months ago

    YC

  37. CBD Gummies 2025: Best CBD Gummies for Pain says:
    2 months ago

    UA

  38. 🔖 Email; SENDING 1.706451 BTC. Go to withdrawal > https://graph.org/Payout-from-Blockchaincom-06-26?hs=36e575309e772be9c1dc8479f659f3ed& 🔖 says:
    1 month ago

    s33z58

  39. best sativa thc carts says:
    1 month ago

    best sativa thc carts area 52

  40. thc gummies for pain says:
    1 month ago

    thc gummies for pain area 52

  41. thc oil says:
    1 month ago

    thc oil area 52

  42. where to buy shrooms says:
    1 month ago

    where to buy shrooms area 52

  43. thc tincture says:
    1 month ago

    thc tincture area 52

  44. thc gummies says:
    1 month ago

    thc gummies

  45. thca diamonds says:
    1 month ago

    thca diamonds area 52

  46. liquid diamonds says:
    1 month ago

    liquid diamonds area 52

  47. thca disposable says:
    1 month ago

    thca disposable area 52

  48. liquid thc says:
    1 month ago

    liquid thc area 52

  49. KLCd says:
    1 month ago

    NcEC

  50. CBD Gummies 2025: Best CBD Gummies for Pain Anxiety & Sleep says:
    1 month ago

    AN

  51. * * * Get Free Bitcoin Now: https://presswirenetwork.com/index.php?cyxeq9 * * * hs=36e575309e772be9c1dc8479f659f3ed* ххх* says:
    3 weeks ago

    11iamj

  52. 📲 💼 Account Notification - 0.33 Bitcoin pending. Complete reception => https://graph.org/ACCESS-CRYPTO-REWARDS-07-23?hs=36e575309e772be9c1dc8479f659f3ed& 📲 says:
    3 days ago

    hf8sv3

  53. google analytics alternative says:
    2 days ago

    Google Analytics Alternative

Leave a Reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

  • Newsweek Magazine

    Satoshi Nakamoto, BlackRock, and TechBerry — a new investigation by Newsweek

    0 shares
    Share 0 Tweet 0
  • The Democratization Of Wall Street: AI Trading For All

    0 shares
    Share 0 Tweet 0
  • Peter Navarro crafts Trump’s tariff strategy, but Elon Musk isn’t sold.

    0 shares
    Share 0 Tweet 0
  • Affordable, stress-free travel: why the 2025 Honda Civic shines.

    0 shares
    Share 0 Tweet 0
  • Ripple CEO announces that the SEC has abandoned its appeal in the lawsuit against the cryptocurrency firm.

    0 shares
    Share 0 Tweet 0
JKreativ WordPress theme
  • Trending
  • Comments
  • Latest
Newsweek Magazine

Satoshi Nakamoto, BlackRock, and TechBerry — a new investigation by Newsweek

The Democratization Of Wall Street. AI Trading For All.

The Democratization Of Wall Street: AI Trading For All

Navarro

Peter Navarro crafts Trump’s tariff strategy, but Elon Musk isn’t sold.

The Honda Civic proves compact cars

Affordable, stress-free travel: why the 2025 Honda Civic shines.

A man with long hair in a suit holding a microphone with a Netflix sign in the background.

Director ‘blew $11 million on Netflix series for fancy cars, hotels’

Ripple CEO announces that the SEC has abandoned its appeal in the lawsuit against the cryptocurrency firm.

Ripple CEO announces that the SEC has abandoned its appeal in the lawsuit against the cryptocurrency firm.

Mining

Could AI Agents Take Over Blockchain Mining?

Bitcoin market

Bitcoin’s Bullish Form Returns – Huge Uptrend Near?

BlockDAG's X1 & X10 Demo Shines as XRP & AVAX Gain Momentum

BlockDAG’s X1 & X10 Demo Shines as XRP & AVAX Gain Momentum

Ethereum Hits Record $4,880 After 15% Intraday Rally

Ethereum Hits Record $4,880 After 15% Intraday Rally

Bitcoin Price Stumbles to $112,301 Ahead of Powell's Jackson Hole Speech

Bitcoin Price Stumbles to $112,301 Ahead of Powell’s Jackson Hole Speech

Impersonator Posing as UK Enforcement Officer Scams Victim of €2.1M in Bitcoin

Impersonator Posing as UK Enforcement Officer Scams Victim of €2.1M in Bitcoin

  • Privacy Policy
  • Terms
  • About us
  • Contacts

© 2025 Finance Daily News | FD News

No Result
View All Result
  • Business
  • Economics
  • Markets
  • Tech

© 2025 Finance Daily News | FD News