Mark Scarsito News Today

An American actor who swindled $650 million in a huge Hollywood ponzi scheme, using it to finance a lavish lifestyle of yachts, jets and fast cars, was jailed Monday for 20 years.

With years of conning people under his belt and billions owed, the one question on everyone’s mind is: Who is Zachary Horwitz?

An American actor who swindled $650 million in a huge Hollywood ponzi scheme, using it to finance a lavish lifestyle of yachts, jets and fast cars, was jailed Monday for 20 years.

Zachary Horwitz was jailed for 20 years, and ordered by Judge Mark Scarsito to repay $230 million to his victims.

An American actor who swindled $650 million in a huge Hollywood ponzi scheme, using it to finance a lavish lifestyle of yachts, jets and fast cars, was jailed Monday for 20 years.

Zachary Horwitz created fake contracts that he told investors were with HBO and Netflix to trick them into handing over vast sums of money.

Actor Zachary Horwitz, who swindled $650 million in a huge Hollywood ponzi scheme, using it to finance a lavish lifestyle of yachts, jets and fast cars, was jailed Monday for 20 years.

Zachary Horwitz promised healthy returns on investments, but was running a giant ponzi scheme and using the cash to fund a lavish lifestyleLos Angeles (AFP) - An American actor who swindled $650 million in a huge Hollywood ponzi scheme, using it to finance a lavish lifestyle of yachts, jets and fast...

An American actor who swindled $650 million in a huge Hollywood ponzi scheme, using it to finance a lavish lifestyle of yachts, jets and fast cars, was jailed Monday for 20 years.

Los Angeles: An American actor who swindled $650 million in a huge Hollywood ponzi scheme, using it to finance a lavish lifestyle of yachts, jets and fast cars, was jailed Monday for 20...