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Zachary Joseph Horwitz (born December 5, 1986 [2]), also known by his stage name Zach Avery, is an American former actor and producer.In 2021, he pled guilty to securities fraud for his role in defrauding investors of $227 million through a Ponzi scheme and, as a result, was sentenced to twenty years in prison in 2022.
Horowitz, who was sentenced to 20 years, pleaded guilty in October to a federal securities fraud charge and admitted to running the Ponzi scheme. The 35-year-old crook must also pay $230 million ...
Zach Horwitz, an actor with the stage name “Zach Avery,” has been indicted for a Ponzi scheme. In reality, there were no such deals, according to prosecutors.
It’s the central question of “Bad Actor: A Hollywood Ponzi Scheme,” a documentary that premieres this week at Tribeca Festival and details aspiring movie star Zach Avery (aka Horwitz) who ...
Ponzi schemes sometimes begin as legitimate investment vehicles, such as hedge funds that can easily degenerate into a Ponzi-type scheme if they unexpectedly lose money or fail to legitimately earn the returns expected. The operators fabricate false returns or produce fraudulent audit reports instead of admitting their failure to meet ...
"Ponzi Super Nova", an episode of the podcast Radiolab released February 10, 2017, in which Madoff was interviewed over prison phone. [207] Chevelle's song "Face to the Floor", as described by the band, was a "pissed off, angry" song about people who got taken by the Ponzi scheme that Bernie Madoff had for all those years." [208]
“Bad Actor: A Hollywood Ponzi Scheme” centers on an immensely interesting subject — financial fraudster and D-List actor Zach Horwitz, a.k.a. Zach Avery — but ends up telling his tale in ...
Zach Avery; Mehmet Aydın (born 1991) B. Bar Works; Bayou Hedge Fund Group; ... Mantria Corporation Ponzi scheme; Matrix scheme; John McNamara (fraudster) J. Ezra Merkin;