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FOX 5 New York

Actor Zach Avery arrested for allegedly running $227-million Hollywood movie Ponzi scheme Actor Zach Avery arrested for allegedly running $227-million Hollywood movie Ponzi scheme

The actor is accused of touting fake film licensing deals with major studios like HBO, Netflix and others in an attempt to stave off demands for payment from investors. Avery used some of the money to purchase his Beverlywood home, now listed for $6.5-million, prosecutors allege.

17 mins ago


FOX 5 New York

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