Zachary Horwitz

Zachary Horwitz aka. Scarsi on Monday ordered Zachary Joseph Horwitz 35 to pay about 230 million in restitution to more than 250 investors who bankrolled his.


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Gary Coronado Los Angeles Times via Getty Images.

. He recently made headlines after he was arrested for a 690 million Ponzi scheme. Zach Avery was sentenced to 20 years charged with wire fraud on April 6 related to an alleged Ponzi scheme where he sold fraudulent international distribution rights to. 1 day agoZachary Horwitz an actor who admitted to fabricating HBO and Netflix film deals in a 650 million Ponzi scheme was sentenced Monday.

1 day agoZachary Horwitz who used the name Zach Avery in film credits bilked hundreds of investors who thought their money would finance distribution rights for movies that would run on HBO and Netflix. Filed April 5 2021 The Securities and Exchange Commission today announced that it 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. 1 day agoZachary Horwitz flanked by his attorneys was sentenced to 20 years in federal prison and ordered to pay 2303 million in restitution to the victims of his Ponzi scheme.

Prosecutors alleged that from 2014 to 2019 the 35-year-old secured. In addition to jail time US District Judge Mark C. Originally from Berkeley California Zachary Horwitz was born on 05 December 1986 under the star.

Zachary Horwitz 35 flanked by attorneys Ryan Hedges left and Anthony Pacheco was sentenced to a maximum of 20 years by a federal judge for running what prosecutors say is the biggest Ponzi scheme in Hollywood history. Zachary Horwitz is a Los Angeles-based actor and movie investor who has appeared in low-budget films such as Hell Is Where the Home Is and Last Moment of Clarity.


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