Director Carl Rinsch found guilty of defrauding Netflix
Carl Rinsch found guilty of defrauding Netflix after diverting production funds A jury has found director Carl Rinsch guilty on seven counts related to defrauding Netflix after he allegedly diverted roughly $11 million in requested funds and later spent profits from risky investments on luxury purchases instead of completing the series he had been hired to produce. Rinsch pitched and partially produced a sci‑fi series (originally titled White Horse / later Conquest) and secured Netflix rights in a deal worth more than $61 million. Prosecutors say he spent $44 million of Netflix money on production, then requested an additional $11 million — funds he later transferred to personal accounts and used for stock and cryptocurrency trading, and lavish spending. Timeline & key facts Netflix purchased rights for the series for…
