Very quick legal update.

Carl Erik Rinsch has been charged federally with fraud.

The director allegedly “orchestrated a scheme to steal millions by soliciting a large investment from a video streaming service, claiming that money would be used to finance a television show that he was creating,” said Matthew Podolsky, Acting United States Attorney for the Southern District of New York, in a statement. “But that was fiction. Rinsch instead allegedly used the funds on personal expenses and investments, including highly speculative options and cryptocurrency trading.”

Previously on WCD. You may also remember him as “the guy who invested a bunch of the money NetFlix gave him in Dogecoin”.

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