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Actor Arrested for Running Film Investment Ponzi Scheme

Actor and movie investor Zachary Horwitz, who is sometimes credited as Zach Avery, was arrested Tuesday on charges that he ran a Ponzi scheme that swindled investors out of $227 million. Horwitz, 34, was taken into custody by special agents with the FBI, the U.S. Attorney’s Office reported. Horwitz … Read entire story.

Source: Variety

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