Compare this to (like the Hollywood Con Queen). Research the specific films he claimed to be licensing. Let me know how you'd like to develop this piece further! Streaming and Scheming | American Greed Youtube Exclusive
: Like any classic Ponzi scheme, he used money from new investors to pay back earlier ones, creating an illusion of profitability. ⚖️ The Fallout [S16E16] Streaming and Scheming
The scheme eventually collapsed when Horwitz could no longer make payments. The legal and personal consequences were severe: Compare this to (like the Hollywood Con Queen)
: He was ordered to pay $230 million in restitution to his victims. [S16E16] Streaming and Scheming