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And I would say that you might classify a Ponzi scheme
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Bad Actor: A Hollywood Ponzi Scheme

And I would say that you mightclassify a Ponzi scheme as sort of the evil cousinof the...

And I would say that you might
classify a Ponzi scheme as sort of the evil cousin
of the pyramid scheme

Full Transcript

00:00:01.000 --> 00:00:05.073
And I would say that you might classify a Ponzi scheme
00:00:05.176 --> 00:00:08.001
as sort of the evil cousin of the pyramid scheme.
Duration
9 seconds
Views
26
Timestamp in Movie
00:29:37
Uploaded
Apr 03, 2025
Genres
documentary
Production
XTR,NEON

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Movie Summary

Zachary Horwitz's desperate attempt to become a movie star led him down a path of deception and fraud, seduced by the allure of fame and wealth.
In a Ponzi scheme, - Bad Actor: A Hollywood Ponzi Scheme 00:05
In a Ponzi scheme,
Okay, let's call it ZH for Zach Horwitz. - Bad Actor: A Hollywood Ponzi Scheme 00:05
Okay, let's call it ZH for Zach Horwitz.
And he's got friends out there, - Bad Actor: A Hollywood Ponzi Scheme 00:08
And he's got friends out there,
Always Be Closing. - Bad Actor: A Hollywood Ponzi Scheme 00:05
Always Be Closing.
And he's promising that in six months, - Bad Actor: A Hollywood Ponzi Scheme 00:07
And he's promising that in six months,
Your profit on a mere $6,000 investment - Bad Actor: A Hollywood Ponzi Scheme 00:08
Your profit on a mere $6,000 investment
So then he says, "Well, I got to get some more money." - Bad Actor: A Hollywood Ponzi Scheme 00:08
So then he says, "Well, I got to get some more money.&q...
We are looking to make strategic relationships - Bad Actor: A Hollywood Ponzi Scheme 00:06
We are looking to make strategic relationships
But I kind of agree with Mark Zuckerberg - Bad Actor: A Hollywood Ponzi Scheme 00:09
But I kind of agree with Mark Zuckerberg
And then some of this money - Bad Actor: A Hollywood Ponzi Scheme 00:09
And then some of this money
You need 20,000 now or 30,000 or 40,000. - Bad Actor: A Hollywood Ponzi Scheme 00:05
You need 20,000 now or 30,000 or 40,000.
But these people might decide, - Bad Actor: A Hollywood Ponzi Scheme 00:06
But these people might decide,
It was a good deal, so I'll just go in again." - Bad Actor: A Hollywood Ponzi Scheme 00:08
It was a good deal, so I'll just go in again."
If you go above 4, we might have something. - Bad Actor: A Hollywood Ponzi Scheme 00:06
If you go above 4, we might have something.
So then you go to... you know, you keep doing it, - Bad Actor: A Hollywood Ponzi Scheme 00:06
So then you go to... you know, you keep doing it,
As long as they think that it's legitimate - Bad Actor: A Hollywood Ponzi Scheme 00:07
As long as they think that it's legitimate
I got a whole suite full of mainframe computers. - Bad Actor: A Hollywood Ponzi Scheme 00:06
I got a whole suite full of mainframe computers.
Henry, don't try Mr. Hemming's patience. - Bad Actor: A Hollywood Ponzi Scheme 00:06
Henry, don't try Mr. Hemming's patience.
And if that happens enough, then you're in good shape. - Bad Actor: A Hollywood Ponzi Scheme 00:06
And if that happens enough, then you're in good shape.
The key to a Ponzi scheme is getting more investors - Bad Actor: A Hollywood Ponzi Scheme 00:06
The key to a Ponzi scheme is getting more investors