A Hollywood director was convicted Thursday on charges that he scammed Netflix out of $11 million for a show that never materialized, while he instead used the cash for lavish purchases that included several Rolls-Royces, a Ferrari and about $1 million in mattresses and luxury bedding.
Carl Erik Rinsch, best known for directing the film “47 Ronin," was convicted of wire fraud, money laundering and other charges, according to court records and a spokesperson for federal prosecutors in New York.
