Entertainment Industry Con Faces 20 Years for Defrauding Investors in $650 Million-Dollar Scheme

On October 4th, 2021, Zachary Joseph Horwitz, a Los Angeles actor, pled guilty to one count of securities fraud in the United States District Court for the Central District of California. Horwitz, also known by his stage name, Zach Avery, admitted to raising $650 million from investors by leading them to believe that he had…