Actor Arrested for Running Film Investment Ponzi Scheme
Pat Saperstein Deputy EditorActor and movie investor Zachary Horwitz, who is sometimes credited as Zach Avery, was arrested Tuesday on charges that he ran a Ponzi scheme that swindled investors out of $227 million.Horwitz, 34, was taken into custody by special agents with the FBI, the U.S. Attorney’s Office reported.