A Hollywood director was convicted on charges for scamming Netflix out of millions of dollars for a show that was never made.

Carl Erik Rinsch, director of the film "47 Ronin," was convicted of wire fraud , money laundering and other charges on Thursday, December 11, the Associated Press news agency reported .

It is reported that he scammed streaming giant Netflix out of $11 million for a show that never happened, and used the money on purchases that included several Rolls-Royces, a Ferrari, about $1 million in mattresses and luxury bedding.

Prosecutors said the streaming service had initially paid Rinsch about $44 million for an unfinished sci-fi show called "White Horse". It then sent over an another $11 million after he said he needed additional funding to complete producti

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