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Zach gave me the opportunity
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Bad Actor: A Hollywood Ponzi Scheme

Zach gave me the opportunity to become an investorin 1inMM

Zach gave me the opportunity to become an investor
in 1inMM

Full Transcript

00:00:01.000 --> 00:00:02.083
Zach gave me the opportunity
00:00:02.933 --> 00:00:05.418
to become an investor in 1inMM.
Duration
6 seconds
Views
35
Timestamp in Movie
00:26:15
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.
So he says, "Craig, I think I can get you in, you know? - Bad Actor: A Hollywood Ponzi Scheme 00:05
So he says, "Craig, I think I can get you in, you know?
I think you can invest." - Bad Actor: A Hollywood Ponzi Scheme 00:06
I think you can invest."
These are deals with Netflix, HBO, Howard Schultz. - Bad Actor: A Hollywood Ponzi Scheme 00:05
These are deals with Netflix, HBO, Howard Schultz.
And now I have that same opportunity - Bad Actor: A Hollywood Ponzi Scheme 00:09
And now I have that same opportunity
My wife and I are always looking for ways - Bad Actor: A Hollywood Ponzi Scheme 00:06
My wife and I are always looking for ways
I had invested in real estate - Bad Actor: A Hollywood Ponzi Scheme 00:06
I had invested in real estate
Scott Cohen, a good friend of mine, - Bad Actor: A Hollywood Ponzi Scheme 00:08
Scott Cohen, a good friend of mine,
When I first saw the business plan, - Bad Actor: A Hollywood Ponzi Scheme 00:07
When I first saw the business plan,
It's all the positive aspects of this deal. - Bad Actor: A Hollywood Ponzi Scheme 00:06
It's all the positive aspects of this deal.
What was going on in my head then - Bad Actor: A Hollywood Ponzi Scheme 00:06
What was going on in my head then
Right away, I said to him, - Bad Actor: A Hollywood Ponzi Scheme 00:15
Right away, I said to him,
In its most simple form, the Ponzi scheme - Bad Actor: A Hollywood Ponzi Scheme 00:08
In its most simple form, the Ponzi scheme
And I work with the FBI in the White Collar unit. - Bad Actor: A Hollywood Ponzi Scheme 00:06
And I work with the FBI in the White Collar unit.
And those payments that the investors believe - Bad Actor: A Hollywood Ponzi Scheme 00:10
And those payments that the investors believe
You have to have a scheme to defraud the folks - Bad Actor: A Hollywood Ponzi Scheme 00:06
You have to have a scheme to defraud the folks
So when you've misrepresented to them - Bad Actor: A Hollywood Ponzi Scheme 00:10
So when you've misrepresented to them
I met Zach Avery when I was raising money for venture. - Bad Actor: A Hollywood Ponzi Scheme 00:06
I met Zach Avery when I was raising money for venture.
And he was part of the VC team that invested. - Bad Actor: A Hollywood Ponzi Scheme 00:07
And he was part of the VC team that invested.
So I just assumed, like, yeah, he's a trust fund kid. - Bad Actor: A Hollywood Ponzi Scheme 00:05
So I just assumed, like, yeah, he's a trust fund kid.
And he was able to kind of talk enough, - Bad Actor: A Hollywood Ponzi Scheme 00:08
And he was able to kind of talk enough,