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Carl Rinsch

All articles tagged with #carl rinsch

entertainment4 hours ago•2 min saved

Keanu Reeves urges leniency for director in Netflix fraud case

Keanu Reeves has asked a U.S. judge to show leniency toward his longtime friend Carl Rinsch, who was convicted of money laundering, illegal transactions and wire fraud for siphoning $11 million from Netflix to fund a project that never materialized. Prosecutors say Rinsch spent the money on luxury cars, watches, and other items, and moved funds into crypto and personal accounts; Reeves, who directed him in 2011's 47 Ronin, wrote a letter urging mercy, describing Rinsch as capable of “exceptional work” and suggesting leniency could be healing. Rinsch faces up to 121 months in prison and restitution of $11 million to Netflix (plus $4.4 million in legal fees); sentencing is set for June 29.

via nbcnews.com|

#carl-rinsch #clemency #entertainment

entertainment11 hours ago•10 min saved

Keanu Reeves Pleads for Leniency for Netflix Case Involving Director Carl Rinsch

Keanu Reeves asked a federal judge to show leniency for Carl Rinsch, the director convicted of defrauding Netflix of $11 million over an unfinished sci‑fi project, White Horse. Reeves wrote that Rinsch is an exceptional artist who can self-sabotage, and his letter was filed with the sentencing submission ahead of the June 29 hearing. Prosecutors seek prison time and restitution, while Rinsch’s lawyers urge no additional punishment; several friends also submitted letters praising his character.

via Business Insider|

#carl-rinsch #entertainment #keanu-reeves

legal1 day ago•19 min saved

Keanu Reeves Pleads for Mercy in $11M Netflix Fraud Case

Keanu Reeves wrote a letter asking a federal judge to show leniency in the sentencing of Carl Rinsch, the director found guilty of fraud and money laundering over an $11 million Netflix scheme tied to the White Horse/Conquest project. Reeves portrayed Rinsch as a friend and artistic peer, urging that his sentence be tempered with mercy and justice, while noting Rinsch’s alleged mental health issues and that this is his first offense. Prosecutors seek a prison term under federal guidelines, while the defense pushes for a non-incarceratory sentence. Netflix has written off tens of millions in connection with the failed project, and arbitration awarded Netflix roughly $12 million in a related dispute.

via Deadline|

#47-ronin #carl-rinsch #fraud

entertainment1 day ago•15 min saved

Keanu Reeves Pleads for Leniency for Netflix-Linked Director

Keanu Reeves has asked a judge for leniency for Carl Rinsch, the director of 47 Ronin who was convicted of wire fraud and money laundering for diverting Netflix funds to lavish purchases. In a letter to Judge Jed Rakoff, Reeves called Rinsch an "exceptional artist" and urged mercy as sentencing approaches. Netflix seeks about $11 million in restitution plus roughly $4.4 million in attorneys’ fees. Rinsch, who directed Reeves and mentored on the White Horse project, faces a June 29 sentencing; prosecutors seek a longer sentence, while the defense argues a lighter term given Rinsch’s status as a first-time offender and the impact on his career.

via Variety|

#47-ronin #carl-rinsch #entertainment

entertainment2 years ago•1 min saved

"The Mysterious Unreleased Netflix Series Worth $55 Million"

Director Carl Rinsch signed a $61 million deal with Netflix for a sci-fi series, but his erratic behavior, including gambling away millions and making unfounded claims, led to concerns from his wife and Netflix executives. After losing more money from Netflix's funding, the project was halted in March 2021. Rinsch made $27 million on crypto bets and claims Netflix owes him $14 million, while Netflix argues he failed to meet project milestones. The contract dispute has now concluded in a confidential arbitration case.

via Slashdot|

#carl-rinsch #contract-dispute #entertainment