Hollywood actor Zachary J Horwitz charged with running film-distribution Ponzi scheme ...United Arab Emirates

Time Out Dubai - Cultural
Hollywood actor Zachary J Horwitz charged with running film-distribution Ponzi scheme
source : Time Out Dubai ( United Arab Emirates ) () 41
The 2017 film ‘Bitter Harvest’ would not, by many definitions, be considered a success. “It’s a bad sign when even the prayers in this movie are crappy,” observed one reviewer, who contributed to the film’s 15 per cent critic rating on Rotten Tomatoes. It pulled in less than $600,000 (Dh2.2 million) in the United States. But that did not mean it did not still have moneymaking potential abroad. All investors needed to do was help buy the rights to distribute it and a number of other films in Latin America, Africa and New Zealand. Major distribution deals with HBO and Netflix were on the cusp of being formalised, they were told. Once those fell into place, the investors would get returns of a

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