• The verdict was announced on December 11, 2025, following a trial in the US District Court for the Southern District of New York
• Rinsch was found guilty of wire fraud, money laundering, and five counts of engaging in monetary transactions involving proceeds from unlawful activity
• The Hollywood director could now face many years in prison under federal sentencing rules

Carl Erik Rinsch, Hollywood director best known for the 2013 Keanu Reeves flop, 47 Ronin, has been convicted by a federal jury in Manhattan of defrauding Netflix out of $11 million. The verdict, delivered on December 11, 2025, closes one of the most bizarre chapters in the streaming wars era, where unchecked content budgets fueled massive financial mismanagement.

According to the US Attorney’s Office, Rinsch was found guilty of wire fraud, money laundering, and five counts of engaging in monetary tr…

Read The Full Article Hollywood Director Convicted of $11 Million Netflix Fraud, Spent Cash on Crypto and Rolls-Royces On Coin Edition.

• The verdict was announced on December 11, 2025, following a trial in the US District Court for the Southern District of New York
• Rinsch was found guilty of wire fraud, money laundering, and five counts of engaging in monetary transactions involving proceeds from unlawful activity
• The Hollywood director could now face many years in prison under federal sentencing rules

Carl Erik Rinsch, Hollywood director best known for the 2013 Keanu Reeves flop, 47 Ronin, has been convicted by a federal jury in Manhattan of defrauding Netflix out of $11 million. The verdict, delivered on December 11, 2025, closes one of the most bizarre chapters in the streaming wars era, where unchecked content budgets fueled massive financial mismanagement.

According to the US Attorney’s Office, Rinsch was found guilty of wire fraud, money laundering, and five counts of engaging in monetary tr…

Read The Full Article Hollywood Director Convicted of $11 Million Netflix Fraud, Spent Cash on Crypto and Rolls-Royces On Coin Edition.