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/biz/ - Business & Finance

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56777809 No.56777809 [Reply] [Original]

>the production of Conquest was troubled and Rinsch's behavior became erratic. He began taking lisdexamfetamine, a prescription drug and amphetamine, which can cause mania, delirium, and psychosis. As the project was running low on cash, Rinsch urged Netflix to send him more money, despite not meeting production deadlines for the first phase of the project. Netflix forwarded his production company another $11 million, which Risch immediately transferred to his personal brokerage account and used it to purchase stock options, losing around $6 million in weeks. Rinsch sent emails to Netflix executives involved in the project stating that he had a way to map "the coronavirus signal emanating from within the earth." His wife filed for divorce; in 2021 according to his wife's lawyers, Rinsch told her that airplanes were "organic, intelligent forces" and he sent texts to her saying he had the power to predict lightning strikes and volcanic eruptions. In March 2021, Netflix cut off funding for Conquest, with no finished episodes submitted.

>Despite the setbacks with Conquest and his stock market losses, Rinsch recovered somewhat financially. He used the money remaining that Netflix had sent his production company to invest millions in the cryptocurrency dogecoin in 2020, which he cashed out in May 2021, making $23 million. He then purchases five Rolls-Royces, a Ferrari, and large amounts of expensive furniture and designer clothing. In his divorce proceedings, Risch testified that the cars and furnitures were props for Conquest and were purchased with Netflix's production company (such that they were not part of the marital estate that the couple was dividing). Meanwhile, in his arbitration case with Netflix, he argued that the money was contractually his and that Netflix owed him more than $14 million.

>> No.56777858
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56777858

Devilish

>> No.56777885
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56777885

>>56777809
I like this guy

>> No.56778000
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56778000

>When Ms. Rosés went to check on him in June 2020, he took her to a scenic lookout in the Hollywood hills and pointed at planes overhead. They were “organic, intelligent forces” that “came to say hi,” he told her, according to Ms. Rosés’s filing in the divorce case. He also sent her texts claiming that he could predict lightning strikes and volcanic eruptions.

He's right though

>> No.56778142

>>56778000
Right?
Exactly what I was thinking reading that too

>> No.56778190

>>56777809
If I gambled away all my business partner's money, I'd be trying to look insane so as to avoid jail too

>> No.56778212

>>56777809
kek'd

>> No.56778398

>>56777809
He got pretty lucky cashing out DOGE back in 2021, but did he really have to buy FIVE Rolls Royces?

>> No.56778435

Hopefully netflix gives him the rest of what they owe him.
>>56778398
He said they were movie props. So if the movie has 5 of them in it, yes. Have you never been a prop master before?

>> No.56778446

>>56777809
THAT...... that _was_ the test.... and he passed with flying fucking carpets

>> No.56778478

>>56777809
netflix should make a documentary about it, some tiger king type shit