Director Carl Rinsch was arrested in New York on Tuesday, 18, after using Netflix’s $ 62.5 million ($ 62.5 million), which would be intended for a production on his behalf to invest in cryptocurrencies, luxury cars, among other personal items.
The information is from AP, which also revealed that the initial contract involved the purchase of a fictional series called White Horsewritten by Rinsch, for $ 44 million (about $ 250 million). The director asked for another 11 million additional after the purchase, to “complete the production.”
The series exchanged named for Conquest And it was even recorded by the cast in Sao Paulo in 2023. Keanu Reeves and Bruna Marquezine made up the production, which did not have the episodes finished and was canceled. THE New York Times He confirmed the information through an extensive article that also stressed that the Rinsch script was not even finalized.
Indicated for fraud and money laundering, he transferred the additional 11 million amount to a personal account and invested him in a series of failed ventures. According to the US newspaper, the filmmaker lost half of the amount in two months.
The remaining half was invested in cryptocurrencies that yielded profits. But Rinsch used the amount wins on personal items, according to the case prosecutors for AP: $ 1.8 million in credit card accounts, 1 million in lawyers to “process Netflix for more money”, 3.8 million in furniture and antiques and 2.4 million in five Rolls-Royce cars and a Ferrari.
He also used $ 652,000 when buying watches and clothes.
Continues after advertising
Arrested in West Hollywood, California, the director had an initial hearing on Tuesday, 18, and attended the Los Angeles Court.
To Judge Pedro V. Castillo, Rinsch commented that “he understood the allegations” and paid a $ 100,000 bail that secured his presence at the next audience in New York, where he was indicted.
At the time of NYT’s complaint in 2023, the director criticized the article for “questioning his sanity.” Rinsch is responsible for a single production, the film 47 Ronin2013.
Continues after advertising
Also to the newspaper, Netflix claimed that the company provided all the support to the series, but opted to cancel after realizing that it would never be finalized. “After a long time and effort, it was clear that Rinsch would never complete the project he agreed to do,” said a streaming spokesman Thomas Cherian.
