‘Zach Avery’: Hollywood actor charged with fraud in alleged multimillion dollar Ponzi scheme, court documents show
Horwitz allegedly misappropriated funds raised from investors for movie licensing deals, putting some of the money in his personal accounts and using the money instead for items like a luxury watch subscription and a nearly $700,000 payment to a celebrity interior designer, according to a complaint filed by the Securities and Exchange Commission.
Horwitz, 34 — better known by his stage name “Zach Avery” — spent the past decade acting in a around a dozen mostly low-budget films, including “Trespassers” and “The White Crow,” according to his IMDb profile. He also had a minor uncredited role in “Fury,” which starred Brad Pitt.
He has been charged with wire fraud after allegedly boasting about important Hollywood relationships and promising investors that his company, 1inMM Capital LLC,…