Netflix director ‘spent $11,000,000 on items like mattresses’ instead of sci-fi series
He also allegedly bought luxury bedding and linens.
A Hollywood director has been arrested and charged with defrauding Netflix out of $11,000,000 (£8,473,000).
The streamer had given Carl Erik Rinsch, 47, the eight-figure sum to produce a planned sci-fi TV series called White Horse.
However, the United States Attorney’s Office has claimed instead he splashed the money on ‘personal expenses and luxury items’, as well as cryptocurrency.
These allegedly include luxury bedding and linens, five Rolls-Royces and one Ferrari, a stay at a Four Seasons hotel and furniture and antiques.
It has also been alleged Rinsch spent $638,000 (£491,671) to purchase two mattresses.
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In 2018, Rinsch signed a deal with Netflix in which the streamer agreed to pay for existing episode of White Horse and also fund the completion of the rest of the series.
