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.

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

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.

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. More from ...

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 ...