Connect with us


Actor Zachary Horwitz indicted in Hollywood Ponzi scheme – Los Angeles Times

Actor known as “Zach Avery” indicted on fraud charges in sprawling Hollywood Ponzi scheme



Article feature image

Aspiring film actor Zachary Horwitz was indicted Tuesday for running what federal investigators describe as one of the most daring Ponzi schemes in Hollywood history.
Horwitz, who appeared in horror and science-fiction movies under the screen name Zach Avery, was charged by a federal grand jury with five counts of securities fraud, six counts of wire fraud and two counts of aggravated identity theft. From 2014 to 2019, prosecutors say, he lied to investors to secure $690 million in loans to his…

Click here to view the original article.

Continue Reading

You might also like ...

Article feature image
Police: Man assaulted in Target parking over sports trading cards 1 HR – WISN Milwaukee
Article feature image
Here Comes Trouble: Elon Musk Teases He’s A ‘Wild Card’ Before ‘Saturday Night Live’ Debut – HuffPost
Article feature image
Irvine man used COVID relief loans to buy Ferrari, Bentley and Lamborghini, federal authorities say – Los Angeles Times