Netflix paid $55 million for a show. Prosecutors say the creator blew it on Rolls Royces and crypto.

Netflix paid Carl Erik Rinsch top dollar during the peak streaming boom for a sci-fi series he never delivered, losing it all on bad investments and luxury goods, prosecutors say

Mar 18, 2025 - 22:20
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Netflix paid $55 million for a show. Prosecutors say the creator blew it on Rolls Royces and crypto.
Netflix paid Carl Erik Rinsch top dollar during the peak streaming boom for a sci-fi series he never delivered, losing it all on bad investments and luxury goods, prosecutors say