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The main reason Ponzi schemes fail is
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Bad Actor: A Hollywood Ponzi Scheme

The main reasonPonzi schemes fail is, the person running the schemeis taking too much...

The main reason
Ponzi schemes fail is, the person running the scheme
is taking too much money out

Full Transcript

00:00:01.000 --> 00:00:04.001
The main reason Ponzi schemes fail is,
00:00:04.107 --> 00:00:07.489
the person running the scheme is taking too much money out.
Duration
8 seconds
Views
25
Timestamp in Movie
00:49:11
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.
They'll start developing - Bad Actor: A Hollywood Ponzi Scheme 00:06
They'll start developing
They don't have enough money coming in - Bad Actor: A Hollywood Ponzi Scheme 00:07
They don't have enough money coming in
So here's another quote from the blog. - Bad Actor: A Hollywood Ponzi Scheme 00:05
So here's another quote from the blog.
"I was always obsessed with belief in a superior life - Bad Actor: A Hollywood Ponzi Scheme 00:13
"I was always obsessed with belief in a superior life
"But every once in a while, however, - Bad Actor: A Hollywood Ponzi Scheme 00:11
"But every once in a while, however,
I am not sure how to feel about this, - Bad Actor: A Hollywood Ponzi Scheme 00:13
I am not sure how to feel about this,
First of all, I didn't even know - Bad Actor: A Hollywood Ponzi Scheme 00:06
First of all, I didn't even know
This is the very little, subtle acknowledgment - Bad Actor: A Hollywood Ponzi Scheme 00:09
This is the very little, subtle acknowledgment
The closest thing he gets to saying why he did it, - Bad Actor: A Hollywood Ponzi Scheme 00:08
The closest thing he gets to saying why he did it,
I think there's something especially sick about somebody - Bad Actor: A Hollywood Ponzi Scheme 00:11
I think there's something especially sick about somebod...
I don't know, like, the psychology of this human - Bad Actor: A Hollywood Ponzi Scheme 00:07
I don't know, like, the psychology of this human
It's strange and curious how somebody could have - Bad Actor: A Hollywood Ponzi Scheme 00:10
It's strange and curious how somebody could have
I had some family members lose their pensions - Bad Actor: A Hollywood Ponzi Scheme 00:10
I had some family members lose their pensions
And I'm really curious about the type of person - Bad Actor: A Hollywood Ponzi Scheme 00:14
And I'm really curious about the type of person
We'd love to have you. - For sure. I'd love to come. - Bad Actor: A Hollywood Ponzi Scheme 00:06
We'd love to have you. - For sure. I'd love to com...
In court, one of his victims did say - Bad Actor: A Hollywood Ponzi Scheme 00:09
In court, one of his victims did say
To take someone to Las Vegas - Bad Actor: A Hollywood Ponzi Scheme 00:06
To take someone to Las Vegas
He's spending real face-to-face time - Bad Actor: A Hollywood Ponzi Scheme 00:13
He's spending real face-to-face time
That struck me as incredibly predatory. - Bad Actor: A Hollywood Ponzi Scheme 00:07
That struck me as incredibly predatory.
Knowing that, you know, I'm not some hedge fund - Bad Actor: A Hollywood Ponzi Scheme 00:08
Knowing that, you know, I'm not some hedge fund