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One of the things that enabled this investigation
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Bad Actor: A Hollywood Ponzi Scheme

One of the things thatenabled this investigation, in particular, to move quicklywas the...

One of the things that
enabled this investigation, in particular, to move quickly
was the documentation that the victim investors had

Full Transcript

00:00:01.000 --> 00:00:02.096
One of the things that enabled this investigation,
00:00:03.989 --> 00:00:05.066
in particular, to move quickly was the documentation
00:00:05.764 --> 00:00:07.697
that the victim investors had.
Duration
9 seconds
Views
26
Timestamp in Movie
01:09:11
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.
One of the key elements of this is, - Bad Actor: A Hollywood Ponzi Scheme 00:07
One of the key elements of this is,
The way we prove the scheme is showing what they were told - Bad Actor: A Hollywood Ponzi Scheme 00:06
The way we prove the scheme is showing what they were told
That's often a concern of investors, - Bad Actor: A Hollywood Ponzi Scheme 00:08
That's often a concern of investors,
The morning of the arrest, out of nowhere, - Bad Actor: A Hollywood Ponzi Scheme 00:13
The morning of the arrest, out of nowhere,
And suffice it to say, - Bad Actor: A Hollywood Ponzi Scheme 00:07
And suffice it to say,
When Zach's wife came to the door, - Bad Actor: A Hollywood Ponzi Scheme 00:06
When Zach's wife came to the door,
And then the next person to come down was Zach Horwitz. - Bad Actor: A Hollywood Ponzi Scheme 00:05
And then the next person to come down was Zach Horwitz.
I don't know if he had any inkling - Bad Actor: A Hollywood Ponzi Scheme 00:06
I don't know if he had any inkling
Is oftentimes, when we arrest these people, - Bad Actor: A Hollywood Ponzi Scheme 00:07
Is oftentimes, when we arrest these people,
It's a real business." - Bad Actor: A Hollywood Ponzi Scheme 00:06
It's a real business."
I mean, when you arrest somebody, - Bad Actor: A Hollywood Ponzi Scheme 00:06
I mean, when you arrest somebody,
But he never asked that question. - Bad Actor: A Hollywood Ponzi Scheme 00:05
But he never asked that question.
He never made any statements to law enforcement. - Bad Actor: A Hollywood Ponzi Scheme 00:05
He never made any statements to law enforcement.
When I first saw the "LA Times" article, - Bad Actor: A Hollywood Ponzi Scheme 00:06
When I first saw the "LA Times" article,
Like, I didn't even know what to think - Bad Actor: A Hollywood Ponzi Scheme 00:07
Like, I didn't even know what to think
That was my first reaction - Bad Actor: A Hollywood Ponzi Scheme 00:08
That was my first reaction
And then that's when it sunk in - Bad Actor: A Hollywood Ponzi Scheme 00:18
And then that's when it sunk in
The day they raided his house - Bad Actor: A Hollywood Ponzi Scheme 00:07
The day they raided his house
You finally see somebody - Bad Actor: A Hollywood Ponzi Scheme 00:05
You finally see somebody
And more importantly for us, I guess it began the process - Bad Actor: A Hollywood Ponzi Scheme 00:07
And more importantly for us, I guess it began the process