June 15, 2024

Amazon MGM Studios has exclusively acquired an upcoming documentary titled “Hollywood Ending”. The film is a production of UnTypical, a division of VICE Studios Group, and Library Films.

The director behind the hit Netflix documentary “Tiger King”, Rebecca Chaiklin, helms the project. It digests the shocking fall of Zach Horwitz, the charming so-called “midwestern, millennial Madoff,” who orchestrated a whopping $690M Ponzi scheme right under the noses of his acquaintances.

Horwitz, often known by his stage name Zach Avery, is a one-time actor who exploited investors with false promises of profitable licensing deals with big-name streamers like Netflix and HBO. He set his cunning plan in motion around 2014, procuring investments with fake promises of high returns from film licensing deals. He executed his scam through his firm, 1inMM Capital LLC, which he falsely presented as a successful player in the film distribution landscape. He supplied investors with phony documents and assumed emails from entertainment industry executives to sustain the inference of authenticity.

Rerouting funds from new investors, Horwitz satisfied earlier investors, meanwhile financing his extravagant lifestyle, including a $6 million mansion in Los Angeles, high-end cars, and pricey trips. However, in 2021 his scheme came crashing down as investors started asking for returns, and Horwitz could no longer maintain the payment cycle.

In April 2021, the FBI apprehended Horwitz, charging him with wire fraud. He later admitted to securities fraud that same year. On February 14, 2022, the court sentenced him to 20 years in federal prison and ordered him to repay $230 million to his victims.

Apart from spearheading the popular “Tiger King” series, Chaiklin is known for directing the continuation series “Tiger King: The Doc Antle Story”. She also co-directed the documentaries “Another World”, “Lockdown, USA” and “Last Party 2000”.

Other contributors to “Hollywood Ending” include Library Films’ Chris Smith, UnTypical’s Danny Gabai and Alice Bristow, and Article 19’s Chaiklin. The film is set to be available for streaming on Prime Video in over 240 countries and territories globally.

This news comes hot on the heels of Amazon rolling out the Frida Kahlo documentary “Frida” from director Carla Gutiérrez. Amazon also dropped the Navy and Marine Corps-centric documentary “The Blue Angels” in theatres and on Prime Video on May 24. One of the upcoming documentary projects slated for the streamer is “I Am: Celine Dion”, premiering on June 25.

FAQs

Who is Zachary Horwitz?

Zachary Horwitz, also known as Zach Avery, is a former actor who ran a massive Ponzi scheme through his company, 1inMM Capital LLC. He falsely claimed to have profitable licensing deals with well-known streaming platforms, including Netflix and HBO.

What happened to Zachary Horwitz?

In 2021, Zachary Horwitz’s Ponzi scheme fell apart, and he was subsequently arrested by the FBI on charges of wire fraud. He later pleaded guilty to securities fraud the same year. The court sentenced him to 20 years in federal prison in February 2022 and ordered him to pay back $230 million to his victims.

What is Hollywood Ending about?

“Hollywood Ending” is a documentary film directed by Rebecca Chaiklin. It documents the rise and fall of Zachary Horwitz, a former actor who tricked investors and ran a massive Ponzi scheme worth $690 million. The film has been acquired by Amazon MGM studios and will be available for streaming on Prime Video soon.