In a twist seemingly tailor-made for the streaming era, an aspiring actor faces up to 20 years in prison for conning investors with false claims of licensing agreements.
’ review of his plea agreement. Horwitz also admitted to forging the contracts for distribution and licensing.on five counts of securities fraud, six counts of wire fraud, and two counts of aggravated identity theft. With his pleading guilty to the single fraud charge, all of the others will be thrown out, per the. According to prosecutors, Horwitz duped investors out of hundreds of millions of dollars in loans for his film company, 1inMM Capital LLC, between 2014 and 2019.
Despite paying back some investors, he failed to return $231 million, as reported by theMeanwhile, Horwitz funneled much of the investor cash into maintaining his “lavish lifestyle,” according to his plea agreement. Horwitz’s unlawful spending included purchase of a $5.7 million Beverlywood home, courtside seats at Lakers games, luxurious trips to Las Vegas, flights on private jets, “high-end automobiles,” and a “subscription service for luxury watches,” per court documents.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Granville Adams, Actor on HBO’s ‘Oz’, Dies After Battle With Cancer'Oz' creator Tom Fontana and stars took to social media to pay tribute to the late actor: 'His smile was infectious, his chuckle was intoxicating.'
Lire la suite »
Aljaz Skorjanec has best selfie with this surprising A-list actorAljaz Skorjanec surprised fans as he snapped a selfie with one of the best-known actors in the world.
Lire la suite »
'GOT' Actor Kristian Nairn Thinks Dave Chappelle Should Lay Off LGBTQ JokesActor Kristian Nairn, who played Hodor on 'Game of Thrones,' thinks Dave Chappelle shouldn't make jokes at the expense of the LGBTQ community.
Lire la suite »
Oz actor Granville Adams dies aged 58 after battle with cancerGranville Adams, who was best known for his role as Zahir Arif in Oz, has died at the age of 58 his co-star Kirk Acevedo has confirmed
Lire la suite »
George Clooney On Ben Affleck In ‘The Tender Bar’: “He’s A Wonderful Actor Who Hasn’t Been Given A Lot Of Parts To Show Off” – Contenders LondonGeorge Clooney has described his The Tender Bar lead Ben Affleck as “a really wonderful actor who hasn’t been given a lot of great parts to show that off.” Making an in-person app…
Lire la suite »
'Vida' star Ser Anzoategui becomes first non-binary actor nominated in all-male category at Imagen AwardsActor Ser Anzoategui is the first nonbinary and trans actor nominated for best supporting actor in a comedy TV series at the 36th annual Imagen Awards.
Lire la suite »