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

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

By PPLAdmin / January 27, 2022

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…

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Investors in Genius Brands, An Entertainment Company, Assert They Were Duped By Pump-And-Dump Scheme

By PPLAdmin / February 24, 2021

In a complaint filed on August 18, 2020, in the Central District of California, plaintiff Salvador Verdin, individually and on behalf of all investors who purchased Genius stock between March 17 and July 5, 2020, accused defendants Genius Brands and its CEO, Andy Heyward, of violating Federal Securities Law. In the complaint, Plaintiffs claim that,…

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