Streaming And Scheming — [s16e16]

The phrase "" refers to Season 16, Episode 16 of the CNBC series American Greed .

: Like any classic Ponzi scheme, he used money from new investors to pay back earlier ones, creating an illusion of profitability. ⚖️ The Fallout [S16E16] Streaming and Scheming

: On the day of his arrest, his wife filed for divorce. The phrase "" refers to Season 16, Episode

Horwitz successfully convinced investors that he was a major player in the film distribution industry. His scheme relied on: [S16E16] Streaming and Scheming

: He was ordered to pay $230 million in restitution to his victims.

The scheme eventually collapsed when Horwitz could no longer make payments. The legal and personal consequences were severe: