Actor Sentenced to 20 Years in Prison for $650 Million Hollywood Ponzi Scheme lamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lamag.com Daily Mail and Mail on Sunday newspapers.
The DOJ said in a news release that the actor "raised at least $650 million with bogus claims that investor money would be used to acquire licensing rights to films that HBO and Netflix purportedly had agreed to distribute abroad."