During the first days at the top of the streaming wars, Netflix spent more than $ 55 million on a science fiction program created by the guy who led the bomb at the Keanu Reeves forgotten forgotten 47 Ronin. According to a federal accusationThe director stole $ 11 million in the streaming giant and spent it on Dogecoin and Rolls Royces.
The saga of director Carl Erik Rinsch and Netflix was in progress for years. The streamer has been trying to recover his guy’s money for a long time and Rinsch has spent many of the last five years in the hearings and out of the court related to his divorce and arbitration rooms linked to the Curdled Netflix agreement. Now the FBI load the fraud.
“Carl Rinsch has stolen more than $ 11 million in a leading streaming platform to finance sumptuous purchases and personal investments instead of finishing a promised television series,” said Deputy Director of FBI Leslie Backschies in a press release on the case. “The FBI will continue to derive from anyone who seeks to defraud companies.”
The FBI also published a copy of his indictment against Rinsch who has new details on the case and grainy screenshots of what the director managed to finish.
The story begins in 2018. Rinsch was five years of failure to 47 RoninBut the banners threw money half -cooked on the planet, desperate to fulfill their content services. Rinsch’s idea was White Horse.
“White Horse was a science fiction television program on a scientist who created a group of superintendent clones,” said the indictment. “These clones were banished in a fortified area in a Brazilian city, where they began to develop advanced technology and came into conflict with humans and from each other.” White Horse “is a reference to one of the four horsemen of the Apocalypse, which rides a white horse.”
Death. The rider who sits on a pale horse is death.
After an auction war, Netflix signed an agreement with Rinsch. The plan was to make a program of 13 episodes which would work about two and a half hours and air as episodes which continued 4 to 10 minutes. Rinsch has shot images and there are screenshots of the program in the indictment. But it would also have become weird.
According to witnesses and its divorce procedure, Rinsch abused prescription amphetamine and became paranoid. He hit holes in the wall and disappears. He missed meetings with executives and exploded deadlines. However, in a way, he convinced Netflix to give him another $ 11 million.
And it is this second injection of Netflix silver which is at the heart of the fraud case. The medico-legal monitoring of these millions is well documented. According to the load documents, Rinsch moved the funds of his production company and in personal bank accounts before consolidating them in a trust. Then he made bad investments and lost half of it. “While [Rinsch] was losing most of the $ 11 million intended to complete the white horse, he falsely informed [Netflix] This white horse was “brilliant and going very well,” said the indictment.
He took the $ 4 million there were money Netflix and bet everything on Dogecoin. This has borne fruit and he pocketed $ 27 million. “Thank you and God bless the crypto,” he said in a online cat With a cryptocurrency representative when he withdrew Doge’s money and in his bank account.
Then, according to the FBI, Rinsch made a wave of expenses. According to the indictment, he burned $ 10 million and spent $ 1,787,000 on credit card bills, $ 2,417,000 on five Royces rollers and a Ferrari, $ 638.00 on two mattresses and $ 1,073,000 for lawyers to continue Netflix and to help it divorce. At the time, he said Netflix owed him $ 14 million.
The federal part accused Rinsch of a thread chief, a silver laundering chief and five charges of “engaging in monetary transactions in goods derived from a specified illegal activity”. The first two charges have a maximum sentence of 20 years, the last five bear a maximum of 10 years each.
Streaming wars are over and we will never see White Horse. This fears that the hard work of the distribution and the crew increases in smoke, but the antics of Rinsch are probably more entertaining than a science fiction epic made from 10-minute episodes on super-intelligent clones.
