Netflix Director Carl Rinsch Convicted on All Charges by Jury
In a significant legal development, Carl Rinsch, a director known for his work on major film projects, has been convicted by a federal jury in Manhattan. Rinsch was found guilty of defrauding Netflix of $11 million during his work on the film “White Horse.”
Carl Rinsch Conviction Details
The jury’s deliberation took less than five hours before reaching a unanimous verdict on all seven counts. Rinsch faces charges including fraud, money laundering, and illegal money transmission.
Sentencing is scheduled for April 17, where Rinsch could face a maximum of 90 years in prison, although a less severe sentence is anticipated.
Background of the Case
The trial focused on the financial dealings between Rinsch and Netflix related to the film “White Horse.” This project, centered on a world created by clone-like beings, went over its initial $44 million budget. Rinsch requested an additional $11 million, claiming it was necessary to cover production costs.
Prosecutors argued that the negotiation for extra funding was pretextual, and Rinsch intended to defraud Netflix from the start. Evidence presented included lavish purchases Rinsch made, such as a $439,000 mattress, which prosecutors highlighted as unrelated to production expenses.
- Conviction Date: Jury reached a verdict on Thursday.
- Charges: Fraud, money laundering, illegal money transmission.
- Potential Sentence: Up to 90 years in prison, with a lesser sentence likely.
- Involved Financial Amount: Rinsch scammed Netflix of $11 million.
- Original Budget: $44 million for “White Horse.”
Defense and Reactions
Rinsch maintained throughout the trial that he believed the additional funds were rightfully owed to him. His defense attorney argued that the situation was simply a contract dispute and not fraud. The attorney emphasized that the negotiations were marked by misunderstandings.
Overall, the verdict has sparked discussions about the implications for artists and their dealings with large media companies. Rinsch’s attorney expressed concern that this case could create a chilling precedent for creative professionals facing contractual disputes.
U.S. Attorney Jay Clayton emphasized the commitment to holding individuals accountable for financial crimes, reinforcing that there will be consequences for stealing from investors.
