Director Convicted of Scamming Netflix, Spent Millions on Lavish Purchases
Carl Erik Rinsch, the director of “47 Ronin,” has been convicted of wire fraud and money laundering charges for scamming Netflix out of $11 million. According to court records, the funds were intended for an unfinished sci-fi show but were instead used for extravagant purchases, including multiple Rolls-Royces, a Ferrari, and luxury bedding. Prosecutors stated that Rinsch made failed investments and crypto transactions before diverting the funds to personal expenses. Rinsch’s sentencing is scheduled for April, with Netflix declining to comment on the matter.
John Q. Hosedrinker