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Podcast: Not Another True Crime Podcast
Episode: Zach Avery and The Biggest Ponzi Scheme You’ve Never Heard of
Description: Danny catches up on the latest RHOSLC drama before diving into this week’s story: aspiring actor-turned-scammer Zachary J. Horowitz, aka Zach Avery. Avery was charged with wire fraud after using his company, 1inMM Capital LLC, to collect $650 million through fraudulent regional distribution agreements for various streaming platforms.
SOURCES:
https://ew.com/celebrity/zach-avery-20-years-in-prison-ponzi-scheme/
https://people.com/crime/actor-zach-avery-arrested-for-running-allegedly-multi-million-hollywood-movie-ponzi-scheme/
https://www.vice.com/en/article/3aq8v8/the-wildest-parts-of-d-list-actor-zach-averys-alleged-ponzi-scheme
https://www.justice.gov/usao-cdca/pr/beverlywood-man-arrested-allegedly-bilking-investors-falsely-claiming-license-latin
https://www.sec.gov/files/litigation/complaints/2021/comp-pr2021-58.pdf
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