Home / 2021 at 05:46AM / Movies / Ponzi and Pyramid Schemes April 8 / Securities and Commodities Violations / Hollywood Actor Charged With Running Film-Distribution Ponzi Scheme

Hollywood Actor Charged With Running Film-Distribution Ponzi Scheme

The Guardian Express Thursday, April 08, 2021 2021 at 05:46AM, Movies, Ponzi and Pyramid Schemes April 8, Securities and Commodities Violations

Zach Avery convinced clients, to the tune of $227 million, that he had a deal with HBO and Netflix that would help net them speedy 35 percent returns, the S.E.C. said. By BY HEATHER MURPHY from NYT

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