Actor Who Pleaded Guilty In Hollywood Film Licensing Ponzi Scheme Gets 20-Year Sentence

UPDATED with sentencing: Zachary Horwitz, the Hollywood actor who pleaded guilty last fall for operating a Ponzi scheme that bilked $650 million from investors who thought their money would be used to acquire licensing rights to films, was sentenced to 20 years in prison Monday. U.S. District Judge Mark C. Scarsi also also ordered Horwitz […]

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