[Hollywood Director Carl Rinsch Misappropriates $11 Million in Series Funds for Stock Trading, Crypto Investments, and Luxury Goods, Sentenced to 30 Months] According to The Block, the U.S. Department of Justice stated that Carl Erik Rinsch, director of *47 Ronin*, falsely claimed to a streaming platform that an additional $11 million was needed to complete the sci-fi series *White Horse*. In reality, he transferred the funds to his personal account for stock options trading, cryptocurrency speculation, and luxury spending. He has been sentenced to 30 months in prison. Netflix had already paid him approximately $44 million between 2018 and 2019, followed by an additional $11 million.