Engineering firm goes bust owing $11m

Busted! ’47 Ronin’ Director Is So Broke; Can’t Afford To Travel To NYC Ahead Of $11M Netflix Fraud Trial

The blast radius of Carl Rinsch’s extravagant spending habits and Netflix’s impetuous handing out of millions in the Golden Age of Streaming now has the feds footing the bills. A month before the 47 Ronin director’s fraud and money laundering trial over allegedly scamming the Ted Sarandos and Greg Peters-run streamer out of $11 million and more was initially scheduled to start in New York City, looks like the once high-living Rinsch truly is d…

Engineering firm goes bust owing $11m

A Northland engineering firm has gone bust with liquidators citing the directors’ “complete lack of governance” and “alleged misappropriation” as the reasons...