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And that's where Ponzi schemes
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Bad Actor: A Hollywood Ponzi Scheme

And that's wherePonzi schemes, fraudsters live

And that's where
Ponzi schemes, fraudsters live

Full Transcript

00:00:01.000 --> 00:00:03.348
And that's where Ponzi schemes,
00:00:03.451 --> 00:00:04.935
fraudsters live.
Duration
6 seconds
Views
28
Timestamp in Movie
00:33:40
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.
They love to get in an area where you know a little bit - Bad Actor: A Hollywood Ponzi Scheme 00:08
They love to get in an area where you know a little bit
When you use actual, real movie titles that exist, - Bad Actor: A Hollywood Ponzi Scheme 00:24
When you use actual, real movie titles that exist,
They were sort of the advisors to us on account of 1inMM, - Bad Actor: A Hollywood Ponzi Scheme 00:11
They were sort of the advisors to us on account of 1inMM,
And all of the members of JJMT were in the finance sector. - Bad Actor: A Hollywood Ponzi Scheme 00:05
And all of the members of JJMT were in the finance sector.
So as far as we understood, they had vetted everything. - Bad Actor: A Hollywood Ponzi Scheme 00:06
So as far as we understood, they had vetted everything.
And that lended credence to this whole scheme. - Bad Actor: A Hollywood Ponzi Scheme 00:05
And that lended credence to this whole scheme.
The investors would ask, "Well, what if you can't - Bad Actor: A Hollywood Ponzi Scheme 00:07
The investors would ask, "Well, what if you can't
Don't worry, it's always a safe investment." - Bad Actor: A Hollywood Ponzi Scheme 00:14
Don't worry, it's always a safe investment."
You know, there was even clauses, - Bad Actor: A Hollywood Ponzi Scheme 00:06
You know, there was even clauses,
So in a case like this, - Bad Actor: A Hollywood Ponzi Scheme 00:14
So in a case like this,
And then for the next note, the victim investors - Bad Actor: A Hollywood Ponzi Scheme 00:07
And then for the next note, the victim investors
You get the 35%, 40% return, whatever it is. - Bad Actor: A Hollywood Ponzi Scheme 00:06
You get the 35%, 40% return, whatever it is.
And the other thing that was always presented to us - Bad Actor: A Hollywood Ponzi Scheme 00:07
And the other thing that was always presented to us
At some point, there will be other players in the game. - Bad Actor: A Hollywood Ponzi Scheme 00:05
At some point, there will be other players in the game.
And HBO or Netflix will realize - Bad Actor: A Hollywood Ponzi Scheme 00:07
And HBO or Netflix will realize
And so that was another thing that got people to try and put - Bad Actor: A Hollywood Ponzi Scheme 00:14
And so that was another thing that got people to try and put
Around 2017, one of my neighbors down the street - Bad Actor: A Hollywood Ponzi Scheme 00:09
Around 2017, one of my neighbors down the street
I had a production company called Forager Film. - Bad Actor: A Hollywood Ponzi Scheme 00:05
I had a production company called Forager Film.
We made a lot of independent films - Bad Actor: A Hollywood Ponzi Scheme 00:07
We made a lot of independent films
I've had a lot go to Sundance, Berlin, South by Southwest. - Bad Actor: A Hollywood Ponzi Scheme 00:06
I've had a lot go to Sundance, Berlin, South by Southwe...