Posts filtered by tags: Zachary Horwitz[x]


 

SEC Accuses Actor of $690 Million Fraud Based on Fake Netflix Deal

Zachary Horwitz never made it big on the Sunset Strip -- there was the uncredited part in Brad Pitt's "Fury" and a host of roles in low-budget thrillers and horror flicks. But federal charges suggest he had acting talent, duping several financial firms out of hundreds of millions of dollars and enabling him to live the Hollywood dream after all. From a report: That meant chartered flights and a $6 million mansion -- replete with wine cellar and home gym. Horwitz even included a bottle of Johnnie...
Tags: Hbo, Hollywood, Tech, Netflix, SEC, Brad Pitt, Securities And Exchange Commission, Horwitz, Sunset Strip, Johnnie Walker Blue Label, Latin America Australia New Zealand, Zach Avery, Zachary Horwitz


Zach Avery: Hollywood actor arrested over $690m scam scheme

Zachary Horwitz is accused of scamming investors with fake Netflix deals to fund a lavish lifestyle.
Tags: Hollywood, News, Netflix, Zach Avery, Zachary Horwitz


Actor charged with fraud in alleged Ponzi scheme, documents show

It reads a bit like the plot of a bizarre Hollywood-centric screenplay: Small-time actor Zachary Horwitz was arrested Tuesday for allegedly running a multi-million dollar Ponzi scheme that involved raising funds from investors who thought their money was being used to buy and license film rights, according to a statement from the Justice Department.
Tags: Hollywood, News, Stories, Zachary Horwitz


Hollywood actor charged with fraud in alleged multimillion dollar Ponzi scheme, court documents show

It reads a bit like the plot of a bizarre Hollywood-centric screenplay: Small-time actor Zachary Horwitz was arrested Tuesday for allegedly running a multi-million dollar Ponzi scheme that involved raising funds from investors who thought their money was being used to buy and license film rights, according to a statement from the Justice Department.
Tags: Hollywood, Cnn, Zachary Horwitz


Actor charged with fraud in alleged multimillion dollar Ponzi scheme, court documents show

It reads a bit like the plot of a bizarre Hollywood-centric screenplay: Small-time actor Zachary Horwitz was arrested Tuesday for allegedly running a multi-million dollar Ponzi scheme that involved raising funds from investors who thought their money was being used to buy and license film rights, according to a statement from the Justice Department.
Tags: Hollywood, News, Stories, Zachary Horwitz


SEC charges Hollywood actor with operating a $690 million Ponzi scheme based on fake Netflix deals

Jakub Porzycki/NurPhoto via Getty Image The SEC obtained an asset freeze against actor Zachary Horwitz in connection with an alleged $690 million Ponzi scheme. Horwitz is being accused of lying to investors that he had deals to sell films to Netflix and HBO. Horowitz promised investors returns in excess of 35% but paid those returns using funds from new investors. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The US Securities and Exchange Commission obtained ...
Tags: Hbo, Hollywood, La, US, Trends, Markets, Fbi, Netflix, SEC, Ponzi Scheme, Justice Department, Latin America, Horwitz, HOROWITZ, SEC Investigation, US Securities and Exchange Commission


Hollywood actor arrested in $227m ponzi scheme

Zachary Horwitz, 34, stage name Zach Avery, stars in low-budget genre thrillers. He is also, say prosecutors, the operator of a massive ponzi scheme that cheated 200 investors out of $227 million. The alleged hook was fictitious film deals with HBO and Netflix backed by his slim but factual Hollywood resume. — Read the rest
Tags: Post, Hbo, Hollywood, Crime, News, Entertainment, Law, Netflix, Zach Avery, Zachary Horwitz


Actor Arrested For Alleged Ponzi Scheme Involving Phony Film Deals

Zachary Horwitz, known as Zach Avery onscreen, could face up to 20 years in prison.
Tags: News, Zach Avery, Zachary Horwitz


Small-time actor Zachary Horwitz linked to big-time Ponzi scheme, SEC says

Small-time actor Zach Avery has been arrested for allegedly participating in a Ponzi scheme involving falsely selling film rights to...
Tags: SEC, Zach Avery, Zachary Horwitz


Actor Zachary Horwitz Arrested For Film Rights Ponzi Scheme

On Tuesday, actor Zachary Horwitz (known professionally as Zach Avery) was arrested on charges of wire fraud, as reported by the Los...
Tags: Zach Avery, Zachary Horwitz


Actor Arrested for Running Film Investment Ponzi Scheme

Actor and movie investor Zachary Horwitz, who is sometimes credited as Zach Avery, was arrested Tuesday on charges that he ran a Ponzi scheme that swindled investors out of $227 million. Horwitz, 34, was taken into custody by special agents with the FBI, the U.S. Attorney’s Office reported. Horwitz claimed investors’ money would be used […]
Tags: News, Fbi, Horwitz, U S Attorney s Office, Zach Avery, Zachary Horwitz, The Devil Below


U.S. SEC Charges Actor With Operating $690 Million Ponzi Scheme

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Tuesday it had charged actor Zachary Horwitz with operating a $690...
Tags: Washington, SEC, Reuters, U S Securities and Exchange Commission, Zachary Horwitz