“In reality, neither Horwitz nor 1inMM Capital ever engaged in email correspondence with Netflix or HBO, nor did Horwitz 1inMM Capital ever have any business relationship with Netflix or HBO at all,” said an April 5 affidavit from FBI Special Agent John Verrastro.
They denied any sort of collaboration between 1inMM and Netflix and HBO, confirming that any such email correspondence was forged.
Netflix and HBO assisted the feds in tracking down Horwitz, who could now face up to 20 years in prison.
But in late 2019, his fraudulent production company defaulted on its promissory notes, citing “time-consuming audits” and “corporate restructuring” at Netflix and HBO.