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Bad Actor: A Hollywood Ponzi Scheme

You had to realizethat at some point, the whole thing was gonnacollapse under its own...

You had to realize
that at some point, the whole thing was gonna
collapse under its own weight

Full Transcript

00:00:01.000 --> 00:00:03.313
You had to realize that at some point,
00:00:03.416 --> 00:00:06.799
the whole thing was gonna collapse under its own weight.
Duration
8 seconds
Views
28
Timestamp in Movie
00:59:10
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.
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
And we didn't think, in a million years, - Bad Actor: A Hollywood Ponzi Scheme 00:10
And we didn't think, in a million years,