Entertainment Actor Zach Avery Arrested in $227 Million Ponzi Scheme Case Involving Fake HBO, Netflix Deals

05:10  07 april  2021
05:10  07 april  2021 Source:   thewrap.com

Celebrity birthdays for the week of March 14-20

  Celebrity birthdays for the week of March 14-20 Celebrity birthdays for the week of March 14-20: March 14: Actor Michael Caine is 88. Composer-conductor Quincy Jones is 88. Country singer Michael Martin Murphey is 76. Former Chicago sax player Walt Parazaider is 76. Actor Steve Kanaly (“Dallas”) is 75. Comedian Billy Crystal is 73. TV and radio personality Rick Dees is 70. Country singer Jann Browne is 67. Actor Adrian Zmed is 67. Actor Tamara Tunie (“Law and Order: SVU”) is 62. Actor Penny Johnson Jerald (“Castle,” ?24?) is 61. Actor Elise Neal (“All of Us”) is 55. Actor Gary Anthony Williams (“Boston Legal,” ?Malcolm in the Middle”) is 55. Actor Megan Follows (“Reign”) is 53. Drummer Michael Bland of Soul Asylum is 52.

a man wearing glasses and looking at the camera © TheWrap

Little-known actor Zachary Horwitz, who performs under the stage name Zach Avery, was arrested Tuesday in Los Angeles on charges that he ran a Ponzi scheme that defrauded investors out of $227 million, according to an affidavit filed in Los Angeles Superior Court.

Horwitz, 34, was accused of fabricating emails from HBO and Netflix executives about fake film distribution deals in order to stave off demands for payments to investors, according to a criminal complaint filed Monday in Unites States District Court.

FBI agent John Verrastro alleges Horwitz bilked investors of significant sums by persuading them to invest in his supposed film distribution company called 1inMM Capital LLC.

Patti LuPone & Erinn Hayes To Star In ‘OK Boomer’ HBO Max Comedy Pilot From Late Producer Jamie Tarses

  Patti LuPone & Erinn Hayes To Star In ‘OK Boomer’ HBO Max Comedy Pilot From Late Producer Jamie Tarses Patti LuPone and Erinn Hayes have been tapped as the adult leads in OK Boomer, a multi-camera comedy pilot from creator Todd Linden (Happy Endings, Alexa & Katie), the late Jamie Tarses’ Fanfare and Sony Pictures TV where the company continues to be based. Written by Linden and to be directed by Victor Gonzalez (Last Man Standing, The Neighborhood), OK Boomer centers on Barbara (LuPone), a self-centered boomer who shows up at her estranged daughter Sarah’s (Hayes) house hoping to live off the family’s money, but forms an unexpected bond with her progressive granddaughter who’s quick to challenge her on their differing views — of which there are plent

Horwitz's film credits as Zach Avery include 2021's "The Devil Below," 2020's "You're Not Alone" and the 2017 sci-fi thriller "Curvature."

The scheme as laid out by the FBI feautured a 2015 annual investors report that named 52 movies the company was said to be distributing in Africa, Australia, New Zealand and South America. Bottles of Johnny Walker Blue Label scotch were included with the investors package, according to the FBI report.

Horwitz, who the FBI says owes investors $227 million in principal alone, is alleged to have used much of the proceeds for the fake company toward personal income.

According to the Los Angeles Times, which first reported the news, FBI agents arrested Horwitz on a wire fraud charge Tuesday morning at his home in Beverlywood and searched the house for evidence. The home is listed for sale on the real estate website Zillow for $6.5 million.

U.S. Magistrate Jean P. Rosenbluth agreed Tuesday in a hearing in downtown Los Angeles to release Horwitz on a $1 million secured bond, the Times reported.

Harlan Coben Discusses His Unique Netflix Deal That Sees His Books Adapted For Series In Spain, France, Poland & More .
With 75 million copies of his novels in circulation around the globe, American author Harlan Coben has conquered the world of print with his popular brand of crime thrillers, including the Myron Bolitar series. He is now making great strides into the new frontier of streaming via a one-of-a-kind deal with Netflix. First struck in 2018, the pact is a multi-million-dollar, five-year deal under the terms of which 14 of Coben’s books will be adapted into series or films for the online platform, with him overseeing the projects in various capacities.

usr: 9
This is interesting!