EPISODE · Dec 22, 2025 · 9 MIN
He Stole Millions... From Netflix - The Carl Rinsch Story
from Ray William Johnson: True Story Podcast · host Ray William Johnson
Carl Rinsch’s case centers on the collapse of his Netflix project White Horse aka Conquest, in which he was entrusted with a large production budget but allegedly misused significant portions of the funds. Instead of directing the money toward the series, Rinsch reportedly diverted millions into personal luxury purchases and high-risk options trading, losing vast sums before briefly recovering money through a lucky market swing. As production stalled and the show failed to materialize, Netflix and former crew members accused him of financial misconduct, mismanagement, and erratic behavior.
What this episode covers
Carl Rinsch’s case centers on the collapse of his Netflix project White Horse aka Conquest, in which he was entrusted with a large production budget but allegedly misused significant portions of the funds. Instead of directing the money toward the series, Rinsch reportedly diverted millions into personal luxury purchases and high-risk options trading, losing vast sums before briefly recovering money through a lucky market swing. As production stalled and the show failed to materialize, Netflix and former crew members accused him of financial misconduct, mismanagement, and erratic behavior.
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He Stole Millions... From Netflix - The Carl Rinsch Story
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