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How Zachary Horwitz pulled off 'Hollywood's biggest Ponzi scheme'

Zachary Horwitz, 37, pleaded guilty in 2021 to securities fraud after he was indicted for running a five-year scheme. ....

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He Ensnared College Pals in Alleged $690M Ponzi Scheme

"Red Flag!!" wrote a steel company executive in a 2017 email. Unfortunately for him, it was one he spotted but then seems to have ignored. In a lengthy piece for the. ....

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Inside one of Hollywood's most audacious Ponzi schemes

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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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IU alumnus arrested for $690 million Ponzi scheme

IU alumnus arrested for $690 million Ponzi scheme
idsnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idsnews.com Daily Mail and Mail on Sunday newspapers.

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INVESTOR ALERT: LKLSG Investigating Potential Lawsuit Relating to Alleged $690 Million Ponzi Scheme by Actor Zachary Horwitz

/PRNewswire/ In a recently filed enforcement lawsuit, the Securities and Exchange Commission ("SEC") alleges that Los Angeles-based actor Zachary J.. ....

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