47 Ronin Director Busted for $11M Netflix Scam: Lavished Fortune on Crypto, Rolls-Royces, and a Ferrari!

โ€˜47 Roninโ€™ director arrested on charges of swindling Netflix out of $11 million he used on crypto, a fleet of Rolls-Royces and a Ferrari


HOLLYWOOD HEIST: Writer-Director Arrested for Swindling $11 MILLION from NETFLIX!

In a jaw-dropping twist straight out of a Hollywood thriller, famed writer-director Carl Erik Rinsch has been arrested for allegedly pulling off a staggering $11 MILLION heist against Netflix! This isn’t just any run-of-the-mill fraud; this is a full-blown cinematic scandal that has left Hollywood gasping!

THE DRAMA UNFOLDS: A Sci-Fi Show that NEVER AIRED!

Rinsch, known for his work on the action-packed film โ€œ47 Ronin,โ€ went from director to suspect when he allegedly duped the streaming giant into coughing up additional funds for a sci-fi series titled โ€œWhite Horse.โ€ According to federal prosecutors, Netflix initially laid out a whopping $44 MILLION for this unfinished projectโ€”and then, like moths to a flame, they fell for Rinsch’s sob story, handing over another $11 million to "finish" the show!

FROM MOVIE MAGIC to CRYPTO CHAOS!

But here’s where it gets outrageous! Instead of putting that cash where his mouth was, Rinsch reportedly funneled it straight into a personal brokerage account. The result? A disastrous investment spree that saw half of that money evaporate in just TWO MONTHS!

Then, like a gambler with a secret, Rinsch dove headfirst into the volatile world of cryptocurrency, and guess what? He actually struck gold! But instead of laying low, he transferred his newfound riches into a personal bank account and went on a SPENDING SPREE that would make a movie star jealous.

THE SPENDING SPREE OF A LIFETIME!

Prosecutors claim Rinsch blew around $10 MILLION on personal luxuries, including but not limited to:

  • $1.8 MILLION on credit card bills
  • $1 MILLION in legal fees to sue Netflix for even MORE money
  • A staggering $3.8 MILLION on elegant furniture and priceless antiques
  • A jaw-dropping collection of five Rolls-Royces and a Ferrari for $2.4 MILLION
  • And a crazy $652,000 on high-end watches and designer clothes!

SHACKLED AND DEFIANT: Rinschโ€™s Court Appearance

The 47-year-old filmmaker was arrested in West Hollywood, appearing before a federal judge in shackles, looking every bit the part of a disgraced director in a turtleneck and jeans. His court performance was as dramatic as a blockbusterโ€”he didn’t even enter a plea, only acknowledging he understood the serious charges against him!

LEGAL BATTLES LOOM ON THE HORIZON

With a $100,000 bond ensuring his return to court in New York, Rinsch is set for a wild ride ahead. His lawyer, Annie Carney, stayed tight-lipped as cameras flashed, but she did assert that โ€œthe allegations in this case are purely financial.โ€

Will Rinsch face the music, or is this just the beginning of an even bigger scandal? Only time will tell, but for now, Netflix has chosen to remain silent on this jaw-dropping case!

Stay tuned for the next explosive chapter in this unfolding Hollywood drama!

photo credit: fortune.com

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Source: USD @ Wed, 19 Mar.