Hollywood Actor Allegedly Used Netflix And HBO Max As Lures In $227 Million Ponzi Scheme
CinemaBlend Streaming services are huge business and major media companies are putting a lot of effort, and a lot of money behind them. Being part of this big shift toward streaming is potentially quite lucrative, which is possibly why one actor and investor allegedly ran a ponzi scheme based around streaming companies like Netflix and HBO, that took more than $200 million from investors. Zachary Horwitz, sometimes called Zach Avery, has been charged with wire fraud and could spend 20 years in prison for his alleged ponzi scheme. He was arrested by the FBI on Tuesday. Horwitz, through his com...