Texas couple sentenced for running an illegal pyramid scheme

A Texas couple convicted of running a chain-referral pyramid scheme has been sentenced to 40 years in prison each. The pair was found guilty by a jury in January 2026 on conspiracy, wire fraud, and money laundering charges.

Texas couple sentenced for running an illegal pyramid scheme

Director Took Netflix’s Millions, Never Made Show

Filmmaker Carl Rinsch has been convicted of defrauding Netflix out of more than $11 million for a sci-fi series that never made it to air. Once named White Horse and later known as Conquest, the project fizzled before completion, sparking federal charges of wire fraud and money laundering.

Director Took Netflix’s Millions, Never Made Show