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News in English (USA) / 19.03.2025 / 00:00

Hollywood Director Charged in $11 Million Fraud Case Involving Netflix Show

A Hollywood director and writer has been charged with conspiracy to defraud Netflix out of $11 million related to a science fiction television show that ultimately never aired. According to prosecutors, the filmmaker allegedly misappropriated the funds, spending significant amounts on luxury items such as Rolls Royce cars and cryptocurrency investments. Netflix had initially invested $55 million in the project, which failed to materialize. The charges mark a severe breach of trust in the entertainment industry, highlighting the risks involved in large production budgets.
Department of Justice, The New York Times, The Washington Post, MarketWatch, The Associated Press, The Sun Chronicle, 10TV, Yahoo, SFGATE, The Seattle Times