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It's just really, really elaborate
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Bad Actor: A Hollywood Ponzi Scheme

It's just really,really elaborate

It's just really,
really elaborate

Full Transcript

00:00:01.000 --> 00:00:04.935
It's just really, really elaborate.
Duration
6 seconds
Views
22
Timestamp in Movie
00:59:06
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.
You had to realize that at some point, - Bad Actor: A Hollywood Ponzi Scheme 00:08
You had to realize that at some point,
Behind the scenes, things were beginning - Bad Actor: A Hollywood Ponzi Scheme 00:07
Behind the scenes, things were beginning
When we first stopped getting payments, - Bad Actor: A Hollywood Ponzi Scheme 00:08
When we first stopped getting payments,
There's some kind of scam happening." - Bad Actor: A Hollywood Ponzi Scheme 00:08
There's some kind of scam happening."
The first part was the actual fraud itself, the agreements, - Bad Actor: A Hollywood Ponzi Scheme 00:07
The first part was the actual fraud itself, the agreements,
Then at the end of 2019 when the payments stopped, - Bad Actor: A Hollywood Ponzi Scheme 00:11
Then at the end of 2019 when the payments stopped,
And that's why the investment collapsed at that point. - Bad Actor: A Hollywood Ponzi Scheme 00:06
And that's why the investment collapsed at that point.
This is where part two of the fraud starts. - Bad Actor: A Hollywood Ponzi Scheme 00:05
This is where part two of the fraud starts.
Zach just sending text messages - Bad Actor: A Hollywood Ponzi Scheme 00:10
Zach just sending text messages
We had screenshots of text messages - Bad Actor: A Hollywood Ponzi Scheme 00:10
We had screenshots of text messages
And more importantly, both these massive companies - Bad Actor: A Hollywood Ponzi Scheme 00:08
And more importantly, both these massive companies
I mean, we think we're just in, - Bad Actor: A Hollywood Ponzi Scheme 00:07
I mean, we think we're just in,
And then once it starts falling apart, - Bad Actor: A Hollywood Ponzi Scheme 00:13
And then once it starts falling apart,
And, of course, each time he lies, - Bad Actor: A Hollywood Ponzi Scheme 00:06
And, of course, each time he lies,
When he wasn't filming, he was forging documents. - Bad Actor: A Hollywood Ponzi Scheme 00:07
When he wasn't filming, he was forging documents.
And what they're doing is buying themselves time, - Bad Actor: A Hollywood Ponzi Scheme 00:20
And what they're doing is buying themselves time,
But the extent to which he really went down that path - Bad Actor: A Hollywood Ponzi Scheme 00:09
But the extent to which he really went down that path
And that, in turn, caused more damage to investors - Bad Actor: A Hollywood Ponzi Scheme 00:11
And that, in turn, caused more damage to investors
So now these investors are now digging themselves - Bad Actor: A Hollywood Ponzi Scheme 00:07
So now these investors are now digging themselves
He came after myself and my parents - Bad Actor: A Hollywood Ponzi Scheme 00:08
He came after myself and my parents