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As long as they think that it's legitimate
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Bad Actor: A Hollywood Ponzi Scheme

As long as they thinkthat it's legitimate and that they are, in fact,earning these returns

As long as they think
that it's legitimate and that they are, in fact,
earning these returns

Full Transcript

00:00:01.000 --> 00:00:03.727
As long as they think that it's legitimate
00:00:03.083 --> 00:00:06.454
and that they are, in fact, earning these returns...
Duration
7 seconds
Views
33
Timestamp in Movie
00:31:45
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.
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
There's a pattern to it, where they identify the people - Bad Actor: A Hollywood Ponzi Scheme 00:07
There's a pattern to it, where they identify the people
They convince them that they've got this secret way - Bad Actor: A Hollywood Ponzi Scheme 00:08
They convince them that they've got this secret way
And that grooming part of this is important, - Bad Actor: A Hollywood Ponzi Scheme 00:14
And that grooming part of this is important,
There is a feeling of exclusivity - Bad Actor: A Hollywood Ponzi Scheme 00:06
There is a feeling of exclusivity
And there's always this notion that, - Bad Actor: A Hollywood Ponzi Scheme 00:12
And there's always this notion that,
He just had the Hollywood lingo down. - Bad Actor: A Hollywood Ponzi Scheme 00:05
He just had the Hollywood lingo down.
And he had so much bravado behind it, - Bad Actor: A Hollywood Ponzi Scheme 00:11
And he had so much bravado behind it,
There was a sense of intrigue - Bad Actor: A Hollywood Ponzi Scheme 00:11
There was a sense of intrigue
And I think investors enjoyed saying - Bad Actor: A Hollywood Ponzi Scheme 00:06
And I think investors enjoyed saying
Most of the investors investing in movies - Bad Actor: A Hollywood Ponzi Scheme 00:09
Most of the investors investing in movies
And that's where Ponzi schemes, - Bad Actor: A Hollywood Ponzi Scheme 00:06
And that's where Ponzi schemes,
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.