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There is a feeling of exclusivity
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Bad Actor: A Hollywood Ponzi Scheme

There is a feelingof exclusivity in that you've beeninvited in

There is a feeling
of exclusivity in that you've been
invited in

Full Transcript

00:00:01.000 --> 00:00:03.486
There is a feeling of exclusivity
00:00:03.589 --> 00:00:05.419
in that you've been invited in.
Duration
6 seconds
Views
29
Timestamp in Movie
00:32:43
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.
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.
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