The director Karl Erich Reinsch He will be tried in Manhattan, New Yorkas part of a Fraud accusation Against Netflix for $11 million. The thing is that the company signed a contract so that the manager Introducing a sci-fi series you never finished. instead of, Use the money for personal expenseslike buy Five Rolls Royces And Ferrari.
Karl-Eric Reinsch, 48 years old He will face trial in Manhattan on a $1 million fraud charge against Netflix. The lawsuit is based on a contract the entertainment company signed with the director He demanded the extradition of A Science fiction series Named Whitehorse.
As detailed Business insiderThe project’s name is inspired by the color of the horse that the first horseman rode from the Book of Revelation according to the New Testament of the Bible.
Federal prosecutors say the company’s CEOs They gave him $44 million in cash in 2018. This came after he made a trailer and six mini-episodes that he had already filmed.
Between the end of 2019 and the beginning of 2020. Wrench He demanded more money To Broadcasting Company-1 to complete Whitehorseaccording to the Department of Justice (DOJ). The company finally It agreed to pay another $11 million and She transferred that money to a company controlled by the film director.
The two parties also agreed on the money It will be fully used to complete the project. However, the lawsuit claims so The director used it to cover personal expenses. Within days of receiving the money, he began transferring it through various bank accounts before sending it to a personal brokerage account.
The Department of Justice court document indicates that The defendant allegedly squandered money on the following expenses:
The indictment indicates that Wrench apparently… offered to Netflix False and optimistic updates While spending the money allocated for the project. “By the way, don’t worry about the show,” a 2020 email to then-vice president of original content Cindy Holland said, citing Business insider.
The manager also confirmed this in the letter His progress on the project has been “impressive,” “next level,” and “revolutionary.”. However, he never returned to deliver trailers for the series.
The defendant will face legal proceedings before US District Judge Jed Rakoff. It is expected The last two weeks and Includes testimony from several former Netflix executives. Among them:
The director is accused Wire fraud, money laundering and engaging in illegal monetary transactions. Crimes result The combined maximum sentence is 90 years in prisonalthough potential penalties are determined by Congress and do not constitute effective punishment.