But instead of depositing the money into the show, Rinsch sent the money to a personal account where he made a series of failed investments, losing about half of the $11 million in a few months, according to prosecutors. He then put the remaining money into the cryptocurrency market, which generated some profit, although Rinsch then deposited the money into his own bank account.
Then came the lavish purchases, prosecutors said, with Rinsch buying five Rolls-Royces and one Ferrari, along with $652,000 worth of watches and clothing. He also bought two mattresses for about $638,000 and spent another $295,000 on luxury bedding and bedding. In addition, he used some of the money to pay off about $1.8 million in credit card bills, prosecutors said.
One Rolls-Royce and a Ferrari maybe. Watches and clothes, for sure. But five Rolls-Royces? Real? Unfortunately, we don’t even really have time to dwell on that, because this man spent $638,000 on two mattresses and another $295,000 on luxury bedding and bedding. WHAT HELP?!?!
Sorry, something just happened to my brain and I got all confused. I’ll probably never spend car money on a watch, but I can at least accept that a very small device will do that more than 1,000 hours to produce by hand can cost a lot of money, especially if you throw in a precious metal case as well. But do you want me to believe it’s possible for a mattress to cost $300,000? Serious? Why would you even want that?
It turns out that not only is it possible to spend house money on a mattress, but a company called Hästens is happy to sell it to you a single bed set that costs $1 million. I’m not going to pretend that I know the exact point at which you officially have too much money, but if you’re spending $1 million on a single bed, I think we can all agree that you’re way past that point.
#Auto #sales #director #guilty #defrauding #Netflix #millions #Jalopnik