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Actor indicted in $227M Ponzi scheme involving film rights

LOS ANGELES (AP) - An aspiring actor was indicted Tuesday in Los Angeles on suspicion of running a massive Ponzi scheme that solicited hundreds of millions of dollars from investors for phony Hollywood film licensing deals, federal prosecutors said.

Zachary Joseph Horwitz, who has appeared in low-budget movies under ...

from The Washington Times stories: Entertainment https://ift.tt/33fEcrb

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