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Aspiring actor pleads guilty in $650 million Ponzi scheme
LOS ANGELES (AP) — An aspiring actor has pleaded guilty to running a massive Ponzi scheme that raised at least $650 million from investors in phony Hollywood film licensing deals. Zachary Horwitz pleaded guilty Monday in Los Angeles to federal securities fraud. Prosecutors say Horwitz secured loans for his film company by falsely claiming the
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