January 1, Netflix Scammed by Hollywood Director’s Wild Spending

Wyatt’s Take

• Carl Rinsch used Netflix money for personal gain
• Spent millions on luxury goods and crypto
• Faces prison after fraud conviction

Hollywood director Carl Rinsch stands convicted after splurging Netflix’s money on his own lifestyle. He skipped making the show and blew millions on crypto deals, fancy cars, and even expensive linens.

Netflix trusted Rinsch with millions to make a big TV project. Instead, he funneled $11 million into personal spending and never delivered a finished show, all while lying to get more cash.

Rinsch was no stranger to big budgets. Years earlier, he got headlines for the pricey flop ’47 Ronin,’ which cost far more than it made.

The court found him guilty of fraud, money laundering, and misusing large sums. Rinsch now faces serious jail time—up to 90 years.

It’s a tale so wild it sounds made for TV, but real working folks know this kind of greed always catches up.

Stick with us as we keep digging into stories that matter to heartland Americans.

Wyatt Matters

This story shows what happens when big city elites get handed blank checks with no accountability. Regular folks would never get away with this, and it’s time for some common-sense stewardship of hard-earned money, no matter how famous you are.

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