Director Carl Rinsch was convicted Thursday on charges of defrauding Netflix out of $11 million during production of the never-completed sci-fi series “White Horse.”

Rinsch faces the threat of many years in prison when he is sentenced on charges of wire fraud, money laundering and making illegal transactions.

The director, 48, took the stand in his own defense on Tuesday, chalking up the dispute to a misunderstanding. He has maintained that he completed principal photography on the first season of the show and needed the money for pre-production on Season 2.

Netflix never ordered a second season and has said that the first was far from complete. In closing arguments on Wednesday, prosecutors argued that Rinsch had deliberately concealed his motives for obtaining the money before goi

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