A Ferrari and over 480 takeout orders: FBI details spending spree of Netflix director in $11 million fraud case
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A Ferrari and over 480 takeout orders: FBI details spending spree of Netflix director in $11 million fraud case
"In March of 2020, Netflix infused $11 million into a production company to complete the first season of "White Horse," a futuristic sci-fi series it hoped to bring to its platform. Carl Rinsch - the director, writer, and showrunner of "White Horse" - never finished the 12 episodes he was supposed to deliver. But a short time after he got the cash, Rinsch spent millions of dollars on furniture, cars, credit card bills - and a whole lot of takeout."
"According to testimony at his criminal trial on Thursday,Rinsch spent a total of $9.14 million through a personal bank account with funds originally earmarked to finish "White Horse," which had the production codename "Conquest." The spending included more than 480 food deliveries from Postmates and Uber Eats during a six-month span in 2022, according to a spreadsheet entered into evidence. The spreadsheet showed Rinsch sometimes making a dozen separate food purchases each day."
"The most expensive category, FBI agent Michael Naccarelli testified, was for furniture, for which Rinsch spent $3.36 million. Rinsch also spent $2.4 million on cars - including a Ferrari and Rolls-Royces - and $1.8 million on American Express bills, according to Naccarelli. He also spent money on hotels, jewelry, and art, Naccarelli said. "Rinsch described the Ferrari as "a birthday gift to myself" in a 2021text message to his personal assistant, which was shown to jurors later Thursday."
In March 2020 Netflix invested $11 million to complete the first season of White Horse. Carl Rinsch, the director, writer, and showrunner, failed to deliver the contracted 12 episodes. Rinsch spent $9.14 million from funds earmarked for the series through a personal bank account. Spending included $3.36 million on furniture, $2.4 million on cars including a Ferrari and Rolls-Royces, $1.8 million on American Express bills, and purchases of hotels, jewelry, and art. A spreadsheet showed more than 480 Postmates and Uber Eats deliveries in six months, sometimes a dozen orders per day. Defense attorneys characterize the matter as a civil business dispute.
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