47 Ronin director Carl Erik Rinsch was convicted of defrauding Netflix out of $11 million stemming from a deal with the company to make a sci-fi series he never delivered.

A Manhattan jury returned the verdict and found the helmer guilty on all counts on Thursday, Business Insider reported from the court room.

Rinsch had spent funds earmarked for “White Horse” on risky securities trades, using profits from those investments to sue Netflix for further payments to finish the show and purchase luxury goods. In a federal court in Manhattan, a jury found him guilty of wire fraud, money laundering and multiple counts related to engaging in illegal monetary transactions.

47 Ronin director Carl Erik Rinsch was convicted of defrauding Netflix out of $11 million stemming from a deal with

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