Hollywood actor jailed for RM2.7bil movie ponzi scheme
Zachary Horwitz created fake contracts that he told investors were with HBO and Netflix to trick them into handing over vast sums of money.
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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...