“In reality,” the government says, “Horwitz’s company neither acquired film rights nor entered into any distribution agreements with HBO or Netflix.
The scheme went on “for a period of more than five years” and the investors included people who were Horwitz’s “personal friends.”
The government began its investigation in 2019 after some of his investors reported him for defaulting on his promissory notes.
All of his claims of lucrative deals with Netflix and HBO were false.
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