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Actor Zach Avery accused in $250M Ponzi scheme involving film rights

10 days ago   |   By ABC

He told investors that their money would be used to purchase film distribution rights, but instead of using the funds to make distribution deals, Horwitz allegedly used victims' money to fund his own lifestyle, including the purchase of a $6 million home.
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LA man accused in $250M Ponzi scheme involving film rights

10 days ago   |   By ABC

A Beverlywood man was arrested on suspicion of running a $250 million Ponzi scheme that solicited investors for phony film licensing deals.
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Cook County prosecutor who gave misleading description of Adam Toledo...

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