Wednesday, March 19, 2025

Carl Erik Rinsch arrested


Director Carl Erik Rinsch was arrested for defrauding Netflix of millions of dollars that was supposed to go to a science fiction series he was making. They spent millions, then he asked for another $11 million to finish the series but instead invested the money, lost half of it, then invested what was left in cryptocurrency and did pretty well. But he then bought several Rolls Royces and a Ferrari and a large amount of high priced furniture.

I never heard of him. He directed TV commercials and the movie 47 Ronin which had a $144 million budget. I looked him up on Wikipedia and it sounds like the poor guy was out of his mind or at least had an amphetamine addiction. 
Good luck to him.

The story should be inspiring to film students and those who wish they were. An inexperienced director got $144 million to direct a movie. It wasn't very good, but Netflix still gave him millions more to make a TV series. I'm also amazed how much he made investing in crypto "currency".

No comments:

Post a Comment