Netflix director 'spent $11,000,000 on items like mattresses' instead of sci-fi series

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Netflix director 'spent $11,000,000 on items like mattresses' instead of sci-fi series

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Carl Erik Rinsch was arrested in Hollywood earlier this week (Picture: John Sciulli/Getty Images for Team One, Saatchi LA)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.
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