Regardless of the verdict, Netflix is experiencing a $55 million case of buyer's remorse from the Carl Rinsch controversy.

Director Carl Erik Rinsch has been indicted on charges of fraud and money laundering for allegedly taking $11 million from Netflix and spending it on luxury cars, antique furniture and mattresses.

Carl Erik Rinsch, the director accused of blowing $11 million of Netflix’s money on cars, mattresses, and cryptocurrency, has pleaded not guilty to charges including fraud and money laundering.

A Hollywood writer-director was arrested Tuesday on charges ... that included a fleet of Rolls-Royces and a Ferrari. Carl Erik Rinsch – perhaps best known for directing the film “47 Ronin ...

Netflix wants its money back. Five years after wiring $11 million to director Carl Erik Rinsch for a sci-fi series that never got made, the streamer is asking for a return on those funds.

Carl Erik Rinsch allegedly told Netflix he needed $11 million to finish a sci fi show, then spent the money on stocks, cars, and crypto.

Director Carl Erik Rinsch on September 23, 2015 in Los Angeles, California. (Photo by John Sciulli/Getty Images for Team One, Saatchi LA) John Sciulli/Getty Images Arrested in the City of Angels ...

A director of a would-be Netflix series has ... and two mattresses that totaled $600,000. Carl Erik Rinsch was arrested in Los Angeles on Tuesday after a seven-count grand jury indictment was ...

By Winston Cho The Justice Department has charged Carl Erik Rinsch, the director of 47 Ronin who struck a deal with Netflix to make a sci-fi series he never delivered, for defrauding the company ...