Hollywood director Carl Rinsch sentenced to 30 months for diverting $11 million in TV production funds to stock options, crypto and luxury purchases

The Block·

Hollywood director Carl Rinsch sentenced to 30 months for diverting $11 million in TV production funds to stock options, crypto and luxury purchases

60-second summary

Carl Rinsch, director of "47 Ronin," is sentenced to 30 months in prison for diverting $11 million in TV production funds to personal expenses, including cryptocurrency investments and luxury purchases such as Rolls-Royces.

"47 Ronin" director Carl Rinsch got 30 months in prison for stealing $11M meant for a Netflix show, spent on crypto and Rolls-Royces.