[s16e16] Streaming And Scheming -

: Like any classic Ponzi scheme, he used money from new investors to pay back earlier ones, creating an illusion of profitability. ⚖️ The Fallout

Watch the 'American Greed' exclusive for a deeper look into how Horwitz's imaginary life led to real-world scams: Streaming and Scheming | American Greed Youtube Exclusive CNBC Ambition YouTube• Nov 25, 2022 If you'd like, I can help you: Draft a or article about this case. [S16E16] Streaming and Scheming

: He was ordered to pay $230 million in restitution to his victims. : Like any classic Ponzi scheme, he used

Horwitz successfully convinced investors that he was a major player in the film distribution industry. His scheme relied on: Horwitz successfully convinced investors that he was a

: In February 2022, Horwitz was sentenced to 20 years in federal prison.

: He created fake licensing agreements and emails claiming that HBO and Netflix had agreed to distribute his films in Latin America.

The episode details the rise and fall of (known professionally as Zach Avery ), a struggling B-movie actor who orchestrated a $690 million Ponzi scheme in Hollywood. 🎬 The "Performance" of a Lifetime