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Hollywood Ending Tells the Story of Hollywood Fraudster Zachary Horowitz jewishbusinessnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jewishbusinessnews.com Daily Mail and Mail on Sunday newspapers.
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. ....
Movie Star Arrested In Major Ponzi Scheme! | WCOS iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.