47 Ronin Director Carl Rinsch Sentenced to 30 Months for Defrauding Netflix of $11 Million
By
Winston Cho
Summary
Carl Erik Rinsch, director of 47 Ronin, was sentenced to 30 months in prison for defrauding Netflix out of $11 million. He was convicted on wire fraud and money laundering charges after spending Netflix funds meant for a sci-fi series called White Horse on risky securities trades, luxury goods, and legal fees to sue Netflix for more money. The sentence was on the lower end of guidelines due to evidence of untreated mental health issues.
Source
Twitter / X47 Ronin Director Carl Rinsch Sentenced to 30 Months for Defrauding Netflix of $11 Millionhollywoodreporter.comKey quotes
· 3 pulled47 Ronin director Carl Erik Rinsch was sentenced Monday to 30 months in prison for defrauding Netflix out of $11 million from a deal with the company to make a sci-fi series he never delivered.
A Manhattan jury last year found Rinsch guilty of wire fraud, money laundering and multiple counts related to engaging in illegal monetary transactions.
He had spent funds earmarked for a series titled White Horse on risky securities trades, using profits from those investments to sue Netflix for further payments to finish the show and purchase luxury goods.
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