Actor Zachary Horwitz Arrested Over Alleged $690 Million Hollywood Ponzi Scheme

Actor Zachary Horwitz Arrested Over Alleged $690 Million Hollywood Ponzi Scheme

Also known as Zach Avery, he faces fraud charges in what prosecutors say were illegal efforts to capitalize on fake film-licensing deals

WASHINGTONA Los Angeles actor was the mastermind of a $690 million Ponzi scheme that bilked investors who thought their money would finance distribution rights for movies that would run on HBO and Ne… [+1125 chars]

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