Hollywood director don catch arrest, dem dey accuse am say e use studio money wey dem give am for sci-fi series to buy fine cars, crypto, and classy bedding for himself. Carl Erik Rinsch, 47, dey face federal fraud and money laundering wey relate to $11m (£8.5m) Netflix give am to create White Horse series. E no gree talk when e show face for Los Angeles court on Tuesday. Dem no call Netflix name for the indictment, but dem mention say na ‘subscription video-on-demand streaming service’, but Rinsch don get plenty wahala with Netflix over the series wey no make sense before wey dem don talk for US media. Netflix no wan talk about him arrest. From 2018 to 2019, the streaming giant give Rinsch first budget of $44m to film the show wey dey show artificial human clones, but e no complete even one episode. For March 2020, Netflix gree send am another $11m after e talk say the first budget no dey enough. But instead of using the money for the series, e dey transfer am to him personal bank accounts and dey invest for risky ventures, according to US Justice Department. Prosecutor Matthew Podolsky talk say: ‘Carl Erik Rinsch plan scheme to chop millions by dey collect big investment from the video streaming service, dey claim say the money go dey use to finance television show wey e dey create.’ But that one na fiction. Only two months after e collect the $11m, half of the money don scatter already, indictment talk. While e dey ‘lose’ the money, Rinsch dey tell Netflix say the show dey ‘awesome and dey move forward well,’ according to the indictment.
E use di money buy cryptocurrency, personal wahala plus luxury things like Rolls-Royces and Ferrari, court talk am. E spend plenty money too, like $1.8m for credit card bills, $3.7m for furniture and antiques, and $933k for mattresses and fancy bedding, Justice Department report. Di indictment talk say e send $1m go lawyers to sue Netflix hope say go fit collect more cash plus divorce wahala. New York Times report say people wey sabi Mr Rinsch talk say e dey behave jaga-jaga after e sign di Netflix deal. Di paper write say e dey think say e fit predict lightning and volcano wahala, plus e get
