Hollywood director Carl Erik Rinsch, known for helming the 2013 film "47 Ronin" starring Keanu Reeves, was convicted on December 11, 2025, of defrauding Netflix out of $11 million intended for his unfinished sci-fi series "Conquest" (originally titled "White Horse"), which revolved around a scientist creating rebellious artificial humans. Instead of using the funds for production, Rinsch transferred the money to personal accounts, lost over half on risky stock options, then profited from cryptocurrency investments, ultimately spending lavishly on five Rolls-Royces, a Ferrari, $650,000 in watches, $3.8 million in furniture and antiques—including ultra-expensive mattresses he claimed as "props"—and other personal expenses like credit card debt and legal fees. A Manhattan federal jury found him guilty on all seven counts of wire fraud, money laundering, and unlawful monetary transactions after a two-week trial, where his defense argued the money was his to spend freely and cited mental health issues from prescription drugs and COVID stress, though not pursuing an insanity plea. Rinsch, now described as indigent and unemployed, faces up to 90 years in prison, with sentencing yet to be scheduled. Watch this podcast episode on YouTube and all major podcast hosts including Spotify.CLOWNFISH TV is an independent, opinionated news and commentary podcast that covers Entertainment and Tech from a consumer’s point of view. We talk about Gaming, Comics, Anime, TV, Movies, Animation and more. Hosted by Kneon and Geeky Sparkles.D/REZZED News covers Pixels, Pop Culture, and the Paranormal! We're an independent, opinionated entertainment news blog covering Video Games, Tech, Comics, Movies, Anime, High Strangeness, and more. As part of Clownfish TV, we strive to be balanced, based, and apolitical. Get more news, views and reviews on Clownfish TV News - https://more.clownfishtv.com/On YouTube - https://www.youtube.com/c/ClownfishTVOn Spotify - https://open.spotify.com/show/4Tu83D1NcCmh7K1zHIedvgOn Apple Podcasts - https://podcasts.apple.com/us/podcast/clownfish-tv-audio-edition/id1726838629🐠 MORE CLOWNFISH TV -Official Merch Store: http://ClownfishMinus.comFacebook - https://facebook.com/ClownfishTVX - https://x.com/ClownfishTVcomClownfish TV subreddit: https://www.reddit.com/r/ClownfishTVOfficial/Disclaimer:This series is produced by Clownfish Studios and WebReef Media, and is part of ClownfishTV.com. Opinions expressed by our contributors do not necessarily reflect the views of our guests, affiliates, sponsors, or advertisers. ClownfishTV.com is an unofficial news source and has no connection to any company that we may cover. This channel and website and the content made available through this site are for educational, entertainment and informational purposes only. These so-called “fair uses” are permitted even if the use of the work would otherwise be infringing.#Podcast #Commentary #News #Reaction #Gaming #Comedy #Entertainment #Hollywood #PopCulture #Tech #Anime
