Director Carl Rinsch Sentenced to 30 Months for Defrauding Netflix of $11 Million
By
Charisma Madarang
Summary
Filmmaker Carl Erik Rinsch, director of 47 Ronin, was sentenced to 30 months in prison for defrauding Netflix of $11 million. Netflix originally hired Rinsch in 2018 to create a sci-fi series called White Horse (later Conquest), investing $55 million into the project without receiving a single episode. Rinsch then requested an additional $11 million, which he allegedly used to gamble on the stock market and cryptocurrency instead of producing the series.
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Key quotes
· 3 pulledFilmmaker Carl Erik Rinsch was sentenced on Monday to 30 months in prison after being convicted of defrauding Netflix out of $11 million.
Netflix had hired Rinsch, who previously made the film 47 Ronin, to write and direct a sci-fi series called White Horse (later renamed Conquest) in 2018.
After the streaming giant poured $55 million into the project, the director failed to deliver a single episode.
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