3.7 • 928 Ratings
🗓️ 7 May 2021
⏱️ 11 minutes
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0:00.0 | A D-List scammer. |
0:02.0 | I'm Rebecca Leib. |
0:03.0 | I'm Jason Horton. |
0:04.0 | And this is Ghost Town. |
0:20.0 | Beverly Woodman has been arrested by the FBI |
0:22.8 | for allegedly running a $250 million Ponzi scheme. |
0:27.3 | Investigators say Zachary Horowitz, |
0:29.3 | who uses the screen name of Zach Avery, |
0:32.1 | told investors he'd use their money |
0:34.1 | to acquire licensing rights to films |
0:36.4 | that HBO and Netflix had agreed to distribute abroad. |
0:40.4 | Instead, investigators say Horowitz |
0:42.6 | used the money to pay other investors |
0:44.6 | and buy a $6 million house in Beverly Wood. |
0:48.0 | Horowitz has been charged with wire fraud. |
0:50.0 | If convicted, he could get up to 20 years in prison. |
0:53.5 | This one is relatively current. |
0:56.9 | Definitely showed up on many timelines on my internet |
1:01.4 | because it involved an actor and a Ponzi scheme. |
1:06.8 | And I've been watching a lot of Generation Hustle |
1:11.3 | on HBO. |
1:11.8 | Do you have a watch, Generation Hustle? |
... |
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