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Cheryl Parson: Investigate before you invest

Actor indicted for Ponzi scheme over fake Netflix deal

Movie Actor Zachary Horwitz Defrauds Investors in Ponzi Scheme

Movie Actor Zachary Horwitz Defrauds Investors in Ponzi Scheme Posted on 04/09/2021 D-list actor Zachary Joseph Horwitz, known professionally as Zach Avery, is an American actor born on December 5, 1986. Avery’s screen debut was in the 2009 film G.E.D. In 2014, he appeared in an uncredited role as an SS medic in Fury. Horwitz made millions while starring in relatively unknown, poorly-reviewed movies like Bitter Harvest and Last Moment of Clarity under the name Zach Avery. The U.S. Securities and Exchange Commission (SEC) obtained an asset freeze and other emergency relief in an emergency enforcement action against Los Angeles-based actor Zachary Horwitz and his company, 1inMM (one in a million) Capital, LLC in connection with an alleged Ponzi scheme that raised over US$ 690 million. Horwitz and 1inMM allegedly told investors that they were buying film rights, purportedly to resell them to Netflix and HBO; in fact, 1inMM actually had no business relationship with either company.

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