Zach Avery Los Angeles Los Angeles Hollywood Netflix actor Zach Avery Los Angeles Los Angeles Hollywood

Actor Zach Avery arrested in connection with $227 million Ponzi scheme in Hollywood

Reading now: 157
www.dailymail.co.uk

Actor Zach Avery was arrested in Los Angeles on Tuesday in connection with a $227 million Hollywood Ponzi scheme federal investigators said he masterminded.The actor, 34, whose real name is Zachary J.

Horwitz, perpetrated a fraud on investors by falsely claiming he had movie licensing deals with huge companies such as HBO and Netflix, FBI agent John Verrastro said in a sworn statement in LA court Tuesday, according to the Los Angeles Times.Federal investigators said that Avery, who has been featured in movies such as The Devil Below, You're Not Alone and Last Moment of Clarity, made phony emails purportedly from the aforementioned studios, in regards to phony distribution deals, in efforts to keep his investors demanding money at bay.

Read more on dailymail.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA