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Actor Zach Avery Arrested Over Alleged Multi-Million Dollar Ponzi Scheme He is accused of raising $690 million, apparently telling investors they could receive up to 40% on returns annually. Photo from IMDB Actor and Beverlywood resident Zach Avery (Zachary Horowitz) was arrested on April 6 over an alleged Ponzi scheme defrauding investors of at least $227 million in principal. He is accused of raising $690 million, apparently telling investors they could receive up to 40% on returns annually. The Los Angeles Times reported that Avery allegedly took taken investors’ money under the guise of licensing deals with streaming platforms like HBO and Netflix to use the money toward Las Vegas trips and a $5.7 million house, among other personal expenses. Avery is also accused of creating fake emails from HBO and Netflix to stall payments to his investors.

Los angelesUnited statesZach avery zachary horowitzLas vegasLos angeles timesAuthority magazineZach averyZachary horowitzலாஸ் ஏஞ்சல்ஸ்ஒன்றுபட்டது மாநிலங்களில்ஸ்யாக் காவேரி சக்கரி ஹொரோவிட்ஸ்லாஸ் வேகாஸ்லாஸ் ஏஞ்சல்ஸ் முறைஅதிகாரம் பத்திரிகைஸ்யாக் காவேரிசக்கரி ஹொரோவிட்ஸ்