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Carl Erik Rinsch, Hollywood director, faces federal fraud charges over $11M funding for unmade Netflix sci-fi series “Conquest.”

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Hollywood Director Convicted of $11M Fraud

Carl Rinsch, known for directing '47 Ronin,' was convicted of stealing $11 million from Netflix intended for a sci-fi series. Instead, he used the funds for luxury cars, jewelry, and risky investments. His sentencing is scheduled for April 2026.