'Get all that Hermes stuff now': Netflix director accused of $11 million fraud rushed to buy luxury goods, texts show

Tech Insider : Business
Carl Rinsch Netflix trial
Director Carl Rinsch is on trial on charges that he defrauded Netflix of $11 million originally meant to be used for a sci-fi project.

Lloyd Mitchell for BI

A Ferrari and over 480 takeout orders: FBI details spending spree of Netflix director in $11 million fraud case

Tech Insider : Business
Carl Rinsch trial
Carl Rinsch is on trial in Manhattan federal court over criminal allegations that he defrauded Netflix and went on a spending spree with the $11 million earmarked for a TV show production.

Lloyd Mitchell for BI

Jury hears how Netflix director lost a fortune on options trades — days after streamer sent him $11M for 'visionary' show

Tech Insider : Business
Director Carl Erik Rinsch at a 2015 event in Los Angeles.
Director Carl Erik Rinsch at a 2015 event in Los Angeles.

John Sciulli/Getty Images for Team One, Saatchi LA

Netflix show developer to stand trial for $11 million spending spree, including 5 Rolls-Royces, $638,000 in mattresses

Tech Insider : Business, Crypto
Carl Erik Rinsch next to the Netflix logo
Carl Erik Rinsch next to the Netflix logo

NurPhoto/ Getty Images; Laura Italiano/ BI

Theranos founder Elizabeth Holmes has had nearly three years knocked off her prison sentence

Tech Insider : Business
Elizabeth Holmes.
Elizabeth Holmes was sentenced to 11 years and three months in prison in 2022.

Philip Pacheco/Getty Images

How cybercrime actually works, according to a former internet fraudster

Tech Insider : Business, Style

Brett Johnson is a reformed internet fraudster who stole more than $1 million through stolen credit cards, counterfeit documents, and phishing schemes.

A new wave of fraudsters is about to add a huge headache to your next housing hunt

Tech Insider : Economy, Business, Technology
A burglar's hand picking up a house that has a

Getty Images; Tyler Le/BI

Jared Decker was on his way to lunch when he received the phone call that kicked off a monthslong real estate nightmare.

New York Takes Zelle to Court Over Alleged Fraud on the Platform, Claims $1 Billion Lost

Gizmodo
Zelle logo is seen displayed on a smartphone and in the background

Car owners claimed a bear trashed their Rolls-Royce. Insurers say it was fraud involving a person in a bear suit.

Tech Insider
the bear costume found by the polcie
Investigators found a bear suit in the suspects' home.

California Department of Insurance

A man who paid $200.57 for a night at a famous NYC hotel and then lived there rent-free for years is unfit to stand trial, court says

Tech Insider
New Yorker Hotel sign.
Doctors say a man charged with fraud for freely living inside the New Yorker Hotel does not understand the charges against him.

Beata Zawrzel/NurPhoto via Getty Images

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