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Carl Rinsch Sentenced to 2½ Years and $11M Forfeiture After Diverting Netflix Series Funds

Carl Rinsch is sentenced to two and a half years in prison and ordered to forfeit $11M after prosecutors say he diverted funds meant for the Netflix series White Horse.Judge Jed Rakoff acknowledges Rinsch’s mental health struggles but highlights years of deliberate lies and concealment while prosecutors trace lavish purchases including five Rolls‑Royces, a Ferrari and a $439K mattress.Rinsch is also hit with three years of supervised release, a $700 fine and restitution; a 2024 arbitration awarded Netflix $12M, he remains out on $100K bond since his indictment by the DOJ in March last year, and Keanu Reeves had filed a plea for leniency.
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