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American Carnage trailer: Jenna Ortega discovers a horrifying conspiracy in July release

Hollywood grifter: the actor who took Tinseltown for a Ponzi scheme ride

Zach Avery, el actor que engaño y se hizo de u$s230 millones

Zach Avery, el actor que engaño y se hizo de u$s230 millones
iprofesional.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iprofesional.com Daily Mail and Mail on Sunday newspapers.

Actor Zachary Horwitz agrees to plead guilty in Ponzi scheme

Actor Zachary Horwitz agrees to plead guilty in Ponzi scheme
latimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latimes.com Daily Mail and Mail on Sunday newspapers.

Inside one of Hollywood s most audacious Ponzi schemes

Print The promise of easy money brought Jim Russell to a bar at the Four Seasons Hotel in Beverly Hills. Russell, a steel company executive from Las Vegas, had come to meet Zachary Horwitz, a low-level actor seeking investors for his film company. Horwitz made it sound simple: He would use Russell’s money to buy the rights to cheap movies “Slasher Party,” “Satanic Panic” and the like and then resell them to HBO for distribution in Latin America. He’d pay Russell back in six months with a 15% profit. Russell had already wired Horwitz more than half a million dollars after a friend vouched for the 30-year-old actor.

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