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7 Apr 11:01am

US actor in low-budget films accused of running $690m Ponzi scheme

The Guardian
Zachary Horwitz, who acted under the name Zach Avery, was arrested Tuesday and charged with wire fraud On the surface Zachary Horwitz, 34, appeared to be the stereotypical wannabe actor, attempting to build his career in Hollywood by taking a series of low-impact roles. But while playing small parts in predominantly low-budget films, Horwitz was also running a $690m Ponzi scheme,
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