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Actor Zach Avery Arrested for Allegedly Running $227 Million Hollywood Movie Ponzi Scheme - Vimarsana News

Actor Zach Avery Arrested for Allegedly Running $227 Million Hollywood Movie Ponzi Scheme

By Liz Calvario‍ Metalwork/GEM/Lionsgate/Kobal/Shutterstock Actor Zachary J. Horwitz, known as Zach Avery, was arrested in Los Angeles on Tuesday. According to a U.S. Attorney’s Office press release, the 34-year-old actor was taken into custody by the FBI after allegedly running a multi-million dollar Hollywood ponzi scheme. ET has reached out to Avery's rep for comment. The Attorney's Office press release states that the criminal complaint against Avery alleges that victims put $227 million (which has yet to be repaid) "into a scheme based on false ...

Who Is Zach Avery? Meet The Actor Arrested In Multi-Million Dollar Ponzi Scheme - Vimarsana News

Who Is Zach Avery? Meet The Actor Arrested In Multi-Million Dollar Ponzi Scheme

Who Is Zach Avery? Meet The Actor Arrested In Multi-Million Dollar Ponzi Scheme By Danielle Taylor 04/07/21 AT 10:47 AM Actor Zachary J. Horwitz, better known as Zach Avery, has been arrested for allegedly embezzling money for personal benefit as part of a multi-million dollar Ponzi scheme. Horwitz was arrested Tuesday in Los Angeles in connection to a hefty Hollywood Ponzi scheme, in which national authorities claim that he swindled investors out of more than $227 million, People reports.  The 34-year-old actor, whose credits include roles in “The White Crow," “Last Moment of...

Actor Zach Avery Arrested in $227M Ponzi Scheme Using Fake Netflix & HBO Deals - Vimarsana News

Actor Zach Avery Arrested in $227M Ponzi Scheme Using Fake Netflix & HBO Deals

Actor Zach Avery Arrested in $227M Ponzi Scheme Using Fake Netflix & HBO Deals Share Actor Zach Avery Arrested in $227M Ponzi Scheme Using Fake Netflix & HBO Deals Zachary J. Horwitz, whose stage name is Zach Avery, has been arrested for allegedly defrauding investors with fake movie licensing deals. Actor Zachary J. Horwitz has been arrested in connection with a massive Ponzi scheme involving hundreds of millions of dollars. Horwitz was reportedly using the appeal of fake movie licensing deals with platforms such as HBO, Netflix and others in an attempt to curb demands for payments from inve...