'47 Ronin' director Carl Erik Rinsch sentenced to 30 months in prison for Netflix fraud case
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Set us as preferred Carl Erik Rinsch, the director of the 2013 Keanu Reeves action film “47 Ronin,” will serve more than two years in federal prison for defrauding Netflix of $11 million.U.S.
District Judge Jed S.Rakoff on Monday sentenced 48-year-old Rinsch to 30 months in prison, the U.S.
Attorney’s Office, Southern District of New York, announced.Federal prosecutors convicted Rinsch in December of wire fraud, money laundering and other counts.
A legal representative for Rinsch did not immediately respond to a request for comment on Tuesday.Federal prosecutors indicted Rinsch in March 2025, alleging the $11 million went into Rinsch’s personal accounts.
The filmmaker “quickly transferred” the money from the Rinsch Co.account, where it had been deposited March 6, 2020, by Netflix, through additional accounts until about $10.5 million wound up weeks later in a personal brokerage account.
He lost more than half of that money in less than two months via risky investments in the stock market, the indictment said.Entertainment & Arts Filmmaker Carl Erik Rinsch, who directed the 2013 action film ’47 Ronin’ starring Keanu Reeves, was convicted Thursday for defrauding Netflix of $11 million.Though Rinsch told the streamer that his sci-fi show “White Horse” was progressing nicely, the filmmaker allegedly moved the remaining money into cryptocurrency and profited from crypto speculation over the next couple of years.
The streamer had invested around $44 million in the show.Rinsch was accused of spending around $10 million on five Rolls-Royces, a Ferrari, watches, clothing, luxury bedding and linens, credit card bills, attorneys to sue Netflix for more money, and lawyers to work on his divorce.He was arrested in West Hollywood and released the same day after agreeing to post a $100,000 bond to guarantee his ...