A Hollywood director has been arrested and accused of using studio funds intended to complete a sci-fi series to buy luxury cars, cryptocurrency and fancy bedding for himself.
Carl Erik Rinsch, 47, is charged with federal fraud and money laundering related to $11m (£8.5m) he was given by Netflix to create a series called White Horse.
Mr Rinsch, who is best known for the 2013 film 47 Ronin, declined to enter a plea when appearing in a Los Angeles court on Tuesday.
