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 ...