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Tag: obscure

Hollywood Sign. Photo by John Schreiber.
Posted inCrime

Fake HBO, Netflix $230 Million Ponzi Scheme Alleged: Obscure Beverlywood Actor Arraignment

by Contributing EditorMay 13, 2021May 13, 2021

A Beverlywood man is set to be arraigned Thursday for allegedly operating a $230 million Ponzi scheme based on false claims that investor money would be used to acquire licensing rights to films that HBO and Netflix had agreed to distribute overseas. Zachary Horwitz, 34, who used the screen name “Zach Avery” when acting in […]

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