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Hollywood Director Blows $44M Netflix Cash on Ferraris and Crypto

Director Carl Rinsch has been found guilty of defrauding Netflix, exposing excess spending, failed investments, and serving as a stark warning for streaming Hollywood.

What was meant to be an ambitious science fiction epic, featuring a bold new vision and significant funding from the studio, ended in controversy and legal trouble for director Carl Rinsch.
Known for his striking visual style in previous projects, Ri… [4594 chars]

Source: International Business Times | Published: 2026-01-13T13:18:15Z

Credit: International Business Times

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