"Hollywood director Carl Erik Rinsch was convicted on Thursday of defrauding Netflix out of $11 milion (8.2m) for a science fiction show that never got made. A federal jury in Manhattan found Rinsch guilty on multiple counts of wire fraud and money laundering, concluding that Rinsch, 48, had siphoned off the funds intended for his long-delayed series White Horse and used them to fund a life of luxury."
"Prosecutors told the jury that Netflix had already invested roughly $44 million (32.8m) in the project, known as White Horse and later renamed Conquest, and later sent an additional $11 million (8.2m) in 2020 after Rinsch requested more funds to wrap up production. Rinsch had begun filming the series in 2017, completing six shortform episodes thanks to funding from his mentor Keanu Reeves, before pitching the project to studios."
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The Independent emphasizes on-the-ground journalism covering reproductive rights, climate change and Big Tech, citing investigations like a probe into Elon Musk's pro‑Trump PAC and a documentary spotlighting American women fighting for reproductive rights. The outlet refuses paywalls and seeks donations to fund reporters and maintain access across the political spectrum. Hollywood director Carl Erik Rinsch was convicted in Manhattan federal court of wire fraud and money laundering for siphoning $11 million from Netflix intended for the sci‑fi series White Horse (later Conquest). Netflix had already invested roughly $44 million and sent $11 million more in 2020. Rinsch completed six shortform episodes beginning in 2017 and faces sentencing on April 17.
Read at www.independent.co.uk
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