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Speaker 1: Ridiculous Crime is a production of iHeartRadio.

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Speaker 2: Elizabeth dett Zarren Bennett got a question for you, my girl. Yes, sir,

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Speaker 2: you know it's ridiculous.

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Speaker 3: Yes, I do.

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Speaker 2: You're gonna hit a brother with it?

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Speaker 3: Yeah, I am hit you brother. Okay. So there's this

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Speaker 3: restaurant called New York Fries that, oddly enough, is not

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Speaker 3: located in New York.

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Speaker 2: Do they sell fries?

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Speaker 3: Yeah, it's a poutine place, like.

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Speaker 2: The Canadian It's all over Canada.

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Speaker 3: Yeah, all over Canada. But then they have all their

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Speaker 3: outside Canada locations are like in UAE and Saudi Arabia

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Speaker 3: and Panama.

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Speaker 2: It's a brand. New York is a brand in this case.

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Speaker 2: It gets like a stamp of theme.

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Speaker 3: I guess, because I don't know what New York has

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Speaker 3: to do with any of this.

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Speaker 2: But they don't sell poutine. I mean, I guess. I'm

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Speaker 2: sure they do somewhere, but New York is not known,

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Speaker 2: not in.

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Speaker 3: The least as far as I know, the big poutine.

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Speaker 3: So a rude dude on Instagram ep Lovely Canadian pointed

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Speaker 3: this out to me. They're having this twelve days of

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Speaker 3: giveaways thing for the holidays. Okay, up the boxing day Yeah, sure,

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Speaker 3: And on day five. On day five they have some

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Speaker 3: prizes up for grabs and you have to be a

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Speaker 3: Canadian resident that ended December fifteenth, whatevs. So you can

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Speaker 3: win a hot dog dad hat. It just has a

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Speaker 3: hot dog on it. But I guess it's a dad.

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Speaker 2: Oh it's a dad hat, not a hot dog dad.

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Speaker 3: I like hot dog dad. A hot dog neon sign

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Speaker 3: a New York Fries loaded dog of choice, sure, because

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Speaker 3: they have hot dogs hot dogs. And then there's this

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Speaker 3: other item, a hot dog water candle.

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Speaker 2: Wait what candle?

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Speaker 3: When EP sent this to us, yeah, they circled that

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Speaker 3: part in red. I'm sorry what but I went to

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Speaker 3: I got onto Facebook. You don't have to be a

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Speaker 3: Facebook member to look at this thing, but you can

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Speaker 3: see their post for that day and all the comments

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Speaker 3: have nothing to do with everyone, just like, oh I

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Speaker 3: love a loaded dog.

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Speaker 2: They just skip past, just like it's a normal thing.

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Speaker 3: So I was trying to find this. It's from bad

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Speaker 3: candle company hot dog water, and so I thought, okay,

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Speaker 3: where could I get this? Sure to light it goes,

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Speaker 3: sneak into your house and light it. So they have

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Speaker 3: them on. It's a company has them on Etsy twenty five,

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Speaker 3: twenty four ninety nine. The label says hot dog water,

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Speaker 3: but apparently you pick from a drop down menu and

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Speaker 3: it has regular sense. So this it's just the label

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Speaker 3: that says hot dog water. Right, So like you can

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Speaker 3: pick clean cotton sea salt and orchid white sage and

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Speaker 3: lavender sold out zero and I'm so sorry Apple harvest,

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Speaker 3: which just sounds hilacious. Sorry, bad candle company. And cinnamon

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Speaker 3: vanilla also hilacious to me.

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Speaker 2: Yeah why run cinnamon and vanilla together just like pick one?

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Speaker 3: Well, it's like a snickerdoodle.

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Speaker 2: Oh yeah, yeah, so stop I thought about that. Thanks.

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Speaker 3: So this bad candle company does hot dog water and

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Speaker 3: it's just the label on the candles. I say, coward,

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Speaker 3: make it into a real disgust.

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Speaker 2: I don't want to know about this hot dog candle.

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Speaker 2: It's supposed to be floating in the bath of me.

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Speaker 2: Do I create a vibe?

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Speaker 3: Well it looks like this.

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Speaker 2: Oh okay, so it's not I was picturing a hot

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Speaker 2: dog shaped candle. It floats on top of the bath.

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Speaker 3: This is for the folks hot dogs.

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Speaker 2: Oh you know how they have the roses that you

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Speaker 2: can light and they float.

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Speaker 3: Do you do that?

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Speaker 2: Well, you've seen those that do not. I don't even Well, okay,

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Speaker 2: maybe once I was. I just needed a little special

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Speaker 2: me time.

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Speaker 3: It was in college.

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Speaker 2: I had a couple four hundred bucks to spend. I

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Speaker 2: dropped it on candles.

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Speaker 3: I backed it up candles.

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Speaker 2: Anyway, you know what what's else ridiculous?

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Speaker 3: Yes, I would love to know what else is ridiculous?

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Speaker 2: Hollywood? Well, yeah, yeah, you know that place is wild.

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Speaker 2: I told you I used to work there, right, Like

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Speaker 2: I have acted, I did TV shows, I was into movies.

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Speaker 2: I did voice work for a cartoon ide some indie films.

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Speaker 2: I shot music videos. I wrote scripts on spec I

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Speaker 2: polished scripts for others for money. Of course, basically you

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Speaker 2: can say I was an art mercenary, right like I

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Speaker 2: would mark anything for a dollar. And I know I

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Speaker 2: loved it. I love Hollywood and I learned about its

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Speaker 2: ways with money, and I say, whole awareness. Hollywood is

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Speaker 2: crazy with money. You just stupid with it, right, All

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Speaker 2: the wrong people have the money or they control it. Right.

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Speaker 2: If you stay in that town long enough, you'll surprise

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Speaker 2: yourself with what you will do for money. I mean,

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Speaker 2: just ask anyone hosts a game show. I mean they

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Speaker 2: did not come down there to host a game show anyway.

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Speaker 2: These days people are critical like Nepo babies. You hear

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Speaker 2: a lot of that Nepo babies. Yeah right, And you

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Speaker 2: make no mistake. Hollywood is a family business. That's one

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Speaker 2: of its secrets. You learn real quick that in the

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Speaker 2: place has a long memory but a quick turnover, which

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Speaker 2: is interesting because you're like, oh, yeah, people come and go,

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Speaker 2: but those who stay they remember right, yeah now, and

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Speaker 2: they also know each other. You have to keep that

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Speaker 2: in mind, right, which is ultimately why it's so hard

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Speaker 2: to run a long con or become like a real

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Speaker 2: good scammer in Hollywood. Oh okay, but it happens, of course.

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Speaker 2: I mean, of course it happens often. It happens often, right,

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Speaker 2: but usually those If you want to work as a

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Speaker 2: scammer on Hollywood, you have to milk all the newcomers

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Speaker 2: and all the egotists who just they don't know any

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Speaker 2: about it, but they will pay you to tell them.

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Speaker 2: You still have a chance to make it right right now.

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Speaker 2: I know this all sounds a little dark and little sad.

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Speaker 2: I'm sorry about that, but Hollywood it's a sunlit in

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Speaker 2: no war town.

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Speaker 3: Right.

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Speaker 2: You didn make no mistake. So, Elizabeth, you ready to

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Speaker 2: talk Hollywood.

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Speaker 3: Crime, Zarin, Yes I am.

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Speaker 2: We're gonna get stupid with it. Three two one action.

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Speaker 2: This is Ridiculous Crime, a podcast about absurd and outrageous capers,

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Speaker 2: heights and cons. It's oh, is ninety nine percent murder

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Speaker 2: free and ridiculous.

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Speaker 3: I like captain.

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Speaker 2: Thank you now for this story, Elizabeth. A few different

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Speaker 2: rude dudes send in this as a suggestion, this first one. Okay,

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Speaker 2: thank you for that, all of you. Please keep them coming.

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Speaker 2: We always dig your suggestions. Now, Elizabeth, I'd like you

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Speaker 2: to meet Carl Eric Rinch.

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Speaker 3: Carl Eric Rinch, Rinch like.

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Speaker 2: R I N S c H. Not like a wretch

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Speaker 2: wrench Yeah, no nch. Now he's been in newslately. You

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Speaker 2: may have seen his name because he's been accused of

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Speaker 2: ripping off Netflix. Oh, good for him, wasting their money

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Speaker 2: on crypto and like on dope rides.

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Speaker 3: Yeah, is this why they can't pay writers?

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Speaker 2: Pretty much? This is where the money is going. So

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Speaker 2: the New York Times they covered this saga recently with

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Speaker 2: a November twenty second story rip from the headlines, Elizabeth Now.

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Speaker 2: The story was entitled quote the Strange fifty five million

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Speaker 2: dollar saga of a Netflix series you'll never see.

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Speaker 3: Well that that's a large category.

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Speaker 2: For you in particular.

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Speaker 3: Yes, well, yeah, because I don't watch television, but don't

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Speaker 3: they make Like aren't there tons of shows that get

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Speaker 3: made but never make.

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Speaker 2: It to air? Uh? For studios, Yes, the streamers didn't

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Speaker 2: do that as much. This is kind of a big misstep.

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Speaker 3: For they stand correct.

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Speaker 2: Yeah, the studios have like you know, pilot season where

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Speaker 2: they make a bunch of shows they test them the

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Speaker 2: link to put the money into like one episode and

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Speaker 2: try it maybe even two. But with streamers, they made

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Speaker 2: a whole series. Okay, they shot the series and you're

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Speaker 2: not going to see the series. Wow.

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Speaker 3: Yeah, because I know people who're like, yeah, I'm in

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Speaker 3: this TV show. It might be made. I've done a

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Speaker 3: couple episodes, but then it never makes Yeah.

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Speaker 2: Yeah, now that's that's very old traditional Hollywood. Now we're

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Speaker 2: into oh new dumb money. Right. So anyway, the writer

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Speaker 2: John Kerry, he did a fantastic job. Check out the story.

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Speaker 2: He tracks all the mini twist turns of jaw dropping revelations.

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Speaker 2: All right, So anyway, who is Carl Eric Rinch? I

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Speaker 2: love to know all right, How did he get Netflix

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Speaker 2: to give him fifty five million bucks? It's great question, Elizabeth.

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Speaker 2: Did you see the Cannu Reeves movie forty seven ronin?

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Speaker 3: Yes you did, Yes, they did.

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Speaker 2: What did you think of it?

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Speaker 3: Vague memories. I'll just watch anything with Cannon Reeves in it.

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Speaker 2: I know that about. That's why I guess you have

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Speaker 2: seen this.

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Speaker 3: Yeah, I've seen it, but golly, it was a while ago.

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Speaker 2: Okay, well Carl Rinch he directed it.

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Speaker 3: Oh you're kidding.

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Speaker 2: Yeah, that's what I guess he's calling card movie. It

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Speaker 2: was an astounding bomb at the box office.

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Speaker 3: Yeah, the studio. I was alone in the theater.

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Speaker 2: Or you I've been to a lot of movies where

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Speaker 2: I was alone or with the one person I brought

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Speaker 2: with me, and I have to apologize. I'm like, well,

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Speaker 2: or we're going to be in for a great show.

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Speaker 2: It's just us so intimate. Anyway, studio had to write

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Speaker 2: off a loss of one hundred and seventy five million bucks. Wow,

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Speaker 2: that's what they lost. Yeah, ign I went to look

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Speaker 2: for reviews because I saw this, but I didn't see

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Speaker 2: it in the theater. I saw it like on HBr

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Speaker 2: or whatever. Yeah, it's not really a fair way to

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Speaker 2: see a movie, in my opinion, if you're going to

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Speaker 2: review it, I mean you can't, but you don't get

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Speaker 2: the full effect or what the filmmaker intended. Right, So

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Speaker 2: IGN they saw it in the theaters and they gave

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Speaker 2: it a six point one out of ten.

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Speaker 3: That's better than fifty percent.

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Speaker 2: That would be a D in school.

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Speaker 3: That would be now.

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Speaker 2: In their review of forty seven, Row and IGN described

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Speaker 2: the film as quote a serviceable action movie that fails

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Speaker 2: to either capture the emotional essence of the titular tale

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Speaker 2: or bring anything genuinely fresh, invigorating, or memorable to its rendition,

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Speaker 2: which is pretty much your review. I don't really.

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Speaker 3: Remember, really remember exactly now.

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Speaker 2: After further disparaging the film, reviewer conclude and I quote

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Speaker 2: mildly entertaining and gorgeous to look at, forty seven Rownan

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Speaker 2: has little beneath the surface to recommend it. There are

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Speaker 2: a few good fights, though, well hey, yeah, that's actually

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Speaker 2: how I described the city of Pittsburgh. Mildly entertaining and

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Speaker 2: gorgeous to look.

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Speaker 3: At, and some fights.

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Speaker 2: So that's Philadelphia, that's anyway. So how does a filmmaker

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Speaker 2: with one film to his name a film that lost

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Speaker 2: its studio one hundred and seventy five million dollars and

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Speaker 2: has reviews like this mildly entertaining, gorgeous to look at.

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Speaker 2: How does he convince Netflix to give him a fresh

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Speaker 2: fifty five mil.

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Speaker 3: Well, here's another question I have for you. I've heard

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Speaker 3: that sometimes studios will make bombs on purpose in order

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Speaker 3: to get that as a write off as a loss.

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Speaker 2: They will write off what they think is a bomb,

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Speaker 2: but they won't make a bomb to lose money. But

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Speaker 2: if once it's being made they realize he's going bad,

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Speaker 2: then they start that process. Okay, So that's why you'll

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Speaker 2: hear like films like the Boondock Saints guy when he

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Speaker 2: there's a documentary about himHe Harvey Weinstein just tanks his

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Speaker 2: movie because he does not personally like him, and he's

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Speaker 2: making the movie for Harvey Weinstein, which is a terrible

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Speaker 2: mistake to turn on the producer of your film, regardless

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Speaker 2: of part of why he seems a terrible person. I'm

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Speaker 2: just saying it's bad business. This guy comes into Hollywood,

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Speaker 2: he's like, Oh, I'm gonna be the man, right, and

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Speaker 2: he learns a terrible lesson, which is you do not

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Speaker 2: piss off the one man that controls if your movie

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Speaker 2: goes to theaters.

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Speaker 3: Yeah.

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Speaker 2: So yeah, he was willing to tank it because he

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Speaker 2: can write it off as a loss. So they always

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Speaker 2: have that option. Okay, right, and that's why you see

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Speaker 2: it currently being done. But that guy for Wonder Brothers

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Speaker 2: and is an idiot, like I'm not going to get anyway.

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Speaker 2: The answer is Elizabeth market dynamics, baby dynastics. Why let's see,

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Speaker 2: I put it into market speak, so you know all

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Speaker 2: about supply and demand, right, and now in twenty eighteen,

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Speaker 2: the streamers, they tried to meet this growing demand for

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Speaker 2: new films and series. So what do they do? They go, oh,

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Speaker 2: we don't know what's good, so let's just throw insane

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Speaker 2: amounts of money at things. Right. I don't know, I

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Speaker 2: guess that was the answer. Yeah, right. So Carl Rinch,

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Speaker 2: he had a series to pitch at this time, perfectly

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Speaker 2: timed for him, the streamers were eager to take a meeting.

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Speaker 2: His project is this sci fi series about artificial humans

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Speaker 2: that will eventually turned on their human creator. Everybody loves that.

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Speaker 2: Takes a whirlwind series of meetings. He goes over to

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Speaker 2: Jeff Bezos' company because Amazon is getting into it, the

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Speaker 2: Amazon Prime stuff. They offer him an eight figure agreement

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Speaker 2: to bring the series to Amazon. Wow, yeah, Netlow, here's

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Speaker 2: about this and they're like, uh oh baby. Before Rinch

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Speaker 2: could put pen to paper on the Amazon deal, Netflix

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Speaker 2: backed up the money truck and offered the filmmaker even

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Speaker 2: more cash. So he gets an eight figure offer. Now

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Speaker 2: they call him at home on a Sunday and Netflix

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Speaker 2: not only offered him money, they offered him control, which

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Speaker 2: is whatever the filmmaker wants, right, So they offer the

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Speaker 2: filmmaker creative control, which means he gets final cut. He

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Speaker 2: you know, that's huge, Like you have to be like,

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Speaker 2: you know, like James Cameron to get final cut. Anyway,

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Speaker 2: Netflix puts in writing that he would also be attached

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Speaker 2: to any future spin offs or reboots. He's locked into

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Speaker 2: the series. Yeah yeah, right, so he's like stan Lee

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Speaker 2: on This World or whatever. Anyway, so the final deal

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Speaker 2: fifty five million. They offer him that big paycheck. It

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Speaker 2: made business headlines, but it also apparently made business sense

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Speaker 2: at the time because Netflix, in that capitalist way, that

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Speaker 2: their new show would spawn a whole creative universe. Right,

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Speaker 2: this is an initial investment. His ideas got legs right. So, now,

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Speaker 2: armed with this unheard level of control, the promise of

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Speaker 2: future involvement a huge payday, what does Carl Rinch do?

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Speaker 3: Does not make the show.

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Speaker 2: He opted to never finish a single episode, instead just

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Speaker 2: pocket the money. So, according to many of those who

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Speaker 2: cared for him or were close to him, as soon

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Speaker 2: as he signed the deal with Netflix, it goes like

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Speaker 2: a switch was hit. He just just changed immediately, just

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Speaker 2: and whatever occurred inside of him, he was a new

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Speaker 2: Carl Rinch multimillionaire. So it's not like you started big

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Speaker 2: timing people. I don't mean that he I mean he

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Speaker 2: did do that, but what I mean is more like

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Speaker 2: he became untethered from reality a right. So, for instance,

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Speaker 2: he began to tell people that he could predict when

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Speaker 2: and where lightning strikes would occur.

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Speaker 3: Wait, yes, okay, yes.

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Speaker 2: And also he discovered that how COVID nineteen was being

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Speaker 2: transmitted via a secret conduit of nature. Oh it wasn't

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Speaker 2: He Also he grew extremely, like a really overconfident about

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Speaker 2: his ability to discern patterns in the stock market. So

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Speaker 2: he took a bunch of Netflix's money and he dropped

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Speaker 2: it onto the Dow Jones and the Nasdaq and so forth,

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Speaker 2: and you know, then he also he bought a bunch

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Speaker 2: of crypto, because that's another good bet. He bought himself

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Speaker 2: a Rolls Royce because now he needs to roll around

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Speaker 2: town looking like you know, clean bought himself a new wardrobe.

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Speaker 2: Same reason. He became that guy in Hollywood, like the

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Speaker 2: old film producer.

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Speaker 3: Yeah, it sounds like almost like it that that money

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Speaker 3: payday triggered a mild psychosis.

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Speaker 2: I think, so yeah, I'm thinking it's like something just

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Speaker 2: either he'd always wanted this and finally now he just released.

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Speaker 2: You know, I always talk about like pulling back the

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Speaker 2: bowstring on a bow, right, having that arrow, just all

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Speaker 2: that tension, all of a sudden, the money released it.

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Speaker 2: That arrow is flying. So now wherever it's going is

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Speaker 2: where it's going, right anyway, So he's got all the trappings,

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Speaker 2: all the tastes of outside success with none of the work.

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Speaker 3: Yeah, right, sounds great.

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Speaker 2: He found the secret, Elizabeth, they talked about the secret.

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Speaker 2: This is the secret, not anyway, but of course the

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Speaker 2: eventually we come court proceedings. So he didn't really find

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Speaker 2: the secret. But whatever, if you can believe it, Carl Wrinch,

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Speaker 2: he took Netflix to court. He's the one.

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Speaker 3: Oh he did.

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Speaker 2: Yeah, that's right. He's suing them right now, me sue you? Yeah,

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Speaker 2: So what's his reason? How could he possibly? He says

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Speaker 2: they didn't.

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Speaker 3: Give him enough money, that's why he didn't make it.

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Speaker 2: He claims that Netflix needs to give him another fourteen million.

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Speaker 3: Dollars in order to finish this.

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Speaker 2: Hey man, I don't know. Anyway, he says, they're contractually obligated.

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Speaker 2: That's what he's saying. So obviously, Netflix's legal response was

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Speaker 2: are you fing high? Like? How do we owe you money?

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Speaker 2: Are you for real? Right now? The long those but

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Speaker 2: in legal tras, Okay, I don't know how you put

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Speaker 2: that in. It was like party of the first part,

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Speaker 2: are you fing high? Party of the second part? Something

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Speaker 2: like that. Anyway, how do we get here? How does

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Speaker 2: how did this dude end up being the one suing Netflix?

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Speaker 2: How does he have such brass one? I am desperate

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Speaker 2: to know Hollywood, baby. Now, there's another key component of

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Speaker 2: Hollywood we haven't discussed yet. It's a big part of

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Speaker 2: the machines function. We call it hype.

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Speaker 3: The yeah that you can convince people that things are me.

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Speaker 2: Runs on it. Yeah, yeah, exactly, you know, walking around nude,

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Speaker 2: going look at me baby. Now, some folks they learn

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Speaker 2: how to manipulate hype to their benefit. That brings us

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Speaker 2: to mister Wrench was his real secret. So before we

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Speaker 2: dive into his backstory, let's take a little break. Now

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Speaker 2: that I've wet your whistle, we'll get back and see

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Speaker 2: how these millions get spent. All right, Elizabeth, Yes, sir,

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Speaker 2: we're back, ready for some backstory. I'll keep it on

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Speaker 2: all film like you know. We're gonna the backstory now, Okay,

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Speaker 2: let's see if.

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Speaker 3: Confier the prequel exactly.

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Speaker 2: Let's see if a good fare ferret out some answers

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Speaker 2: to this man's audacity. There's gotta be some reason he's

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Speaker 2: doing it. Can't just be purely psychosis or what is

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Speaker 2: driving the psychosis? What is here anyway? Carl Rinch born

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Speaker 2: in sunny San Fernando Valley, just over the hill from Hollywood. Exactly.

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Speaker 2: He's like Tim Burton. He's like looking over the hill

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00:16:09,480 --> 00:16:12,480
Speaker 2: this whole time, dreaming about one day. Anyway, and his teens,

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Speaker 2: he shot little films once again, like Tim Burton or Spielberg.

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Speaker 2: Another one he went off to one of the Ivys

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Speaker 2: for college who went to Brown University after school, flies

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Speaker 2: back to la starts his film career. Everything so far

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Speaker 2: going apace. He gets a job working for Ridley Scott.

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Speaker 2: Boom boom boom. Yeah, he gets to work for his

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Speaker 2: production company, but the one that mostly shoots commercials. A

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Speaker 2: lot of the most film directors they have a production

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Speaker 2: company that shoots commercials, and that's a great way to

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Speaker 2: get your start. Film people working for those people shooting

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Speaker 2: their commercials. They have to make money.

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Speaker 3: Some true crime documentary that I can't recall recently, you

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Speaker 3: know my memory, but I remember it was produced by

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Speaker 3: Ridley Scott.

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Speaker 2: No, he doesn't, all, yeah, totally. He's like I'm saying,

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Speaker 2: the filmmakers are way more than just the stuff you see.

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Speaker 2: They have to now. I mean, he has become an

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Speaker 2: urgent need for the longest time, like all of them,

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Speaker 2: Steven Soderberg, they all like shoot commercials on the side

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Speaker 2: or have a production company that handles stuff. Yeah, you know. Anyway,

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Speaker 2: So point being around this time, folks note that Carl

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Speaker 2: Rench he had an interesting pass that he would describe.

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Speaker 2: He always kept it in mysterious terms. Right. He said

383
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Speaker 2: his father had been a spy. He said he grew

384
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Speaker 2: up in Africa. This gave him a certain international air here. Right,

385
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Speaker 2: So in twenty ten he shoots his own film. Finally

386
00:17:18,880 --> 00:17:21,320
Speaker 2: things start to work for him. It's a commercial though,

387
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Speaker 2: for the company Phillips, the European company. Right, so the

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Speaker 2: short it's a short film, but it's an ad anyway.

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Speaker 2: It wins an award at CON's but not the CONS

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Speaker 2: Film Festival, the cons Advertising Festival. But if he wins,

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Speaker 2: all right, So this paves his way into a Hollywood

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Speaker 2: director seat. Boom boom boom. First project, he picks forty

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Speaker 2: seven ronin film Yeah, look great, but it had no heart,

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Speaker 2: no center. We've covered that right. One of the producers,

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Speaker 2: Scott Stuber, he battled this first time director and tried

396
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Speaker 2: to bring him to heal and at some point Rynch

397
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Speaker 2: he gets barred from the editing bay, like he loses

398
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Speaker 2: control of his film. Yeah, the film it premiered on

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Speaker 2: Christmas Day in twenty thirteen, and as we can covered,

400
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Speaker 2: Colossal Failure loses one hundred and seventy five million smash

401
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Speaker 2: cut five years later.

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Speaker 3: Well and Christmas Day is like an important opening, like, well,

403
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Speaker 3: you know that's a film that they believe it they're

404
00:18:10,280 --> 00:18:13,440
Speaker 3: putting a big marketing in like August.

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Speaker 2: No exactly, A good call, thank you, no smash cut.

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00:18:16,400 --> 00:18:19,040
Speaker 2: Five years later, after making commercials for a few years,

407
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Speaker 2: Rinch now finds himself back in the good graces of Hollywood.

408
00:18:21,760 --> 00:18:24,040
Speaker 2: He's worked his way back to he makes really pretty pictures.

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Speaker 2: You know, maybe he can direct anyway, but not the

410
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Speaker 2: film studios because remember, like I said, long memory, it's

411
00:18:29,359 --> 00:18:31,399
Speaker 2: now the new streamers and they're looking for stuff. His

412
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Speaker 2: stuff looks good. They're like this, this guy's great.

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Speaker 3: Well, they're like tech disruptors. They're going to try and

414
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Speaker 3: do it. They think they're going to do it in

415
00:18:37,520 --> 00:18:39,199
Speaker 3: a better way that's already been proven to.

416
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Speaker 2: And they love a shiny thing that moves fast, so

417
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Speaker 2: the wrench. At this point, he's married. He's got an

418
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Speaker 2: Uruguayan fashion designer, model Gabriella. Now together they came up

419
00:18:48,720 --> 00:18:50,399
Speaker 2: with this new idea for the series and she's his

420
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Speaker 2: creative partner. The story it focused on the new species

421
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Speaker 2: called quote organic intelligence. Okay, so this is oh I

422
00:18:57,480 --> 00:19:01,120
Speaker 2: all right? So they originally they're there designed to respond

423
00:19:01,160 --> 00:19:05,200
Speaker 2: compassionately and efficiently to humanitarian crises, disasters, human needs of

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00:19:05,240 --> 00:19:08,119
Speaker 2: all kinds, the new species. Of course, so eventually turns

425
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Speaker 2: on us, and you know, and they try to wipe

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Speaker 2: out humanity, and of course the idea being that we

427
00:19:13,320 --> 00:19:16,720
Speaker 2: cause all the problems that OI must fix. So the

428
00:19:16,760 --> 00:19:20,200
Speaker 2: solution's obvious, fix the problem with the source. So anyway

429
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Speaker 2: you can hear the sci fi potential. It's like Battlestar

430
00:19:22,359 --> 00:19:26,080
Speaker 2: Galactica meets I Robots. Okay, right, So potential buyers they

431
00:19:26,080 --> 00:19:29,399
Speaker 2: could see that for themselves. They're like, oh, dollar signs, boom,

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Speaker 2: I love this now, Rinch. He ends up. He pays

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Speaker 2: for a small shoot to make sure that they can

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Speaker 2: really see the potential, not just hear the idea and

435
00:19:35,920 --> 00:19:38,920
Speaker 2: imagine the potential, but see it moving and looks slick

436
00:19:38,960 --> 00:19:42,280
Speaker 2: and sexy. He hires European actors and actresses. They shoot

437
00:19:42,280 --> 00:19:46,159
Speaker 2: footage in far flowing places Kenya, Romania. The shoots they

438
00:19:46,160 --> 00:19:49,920
Speaker 2: were punishing, one actor allegedly caught hypotherbia had to be hospitalized.

439
00:19:50,320 --> 00:19:52,639
Speaker 2: He runs a rough set from what I understand. So

440
00:19:52,680 --> 00:19:56,119
Speaker 2: despite the difficulties setbacks, Rinch he believes in his projects.

441
00:19:56,320 --> 00:19:59,040
Speaker 2: He seeks help. He turns over to thirty West. That's

442
00:19:59,040 --> 00:20:02,760
Speaker 2: a production company. It's run by a billionaire mmmm. Anyway,

443
00:20:02,800 --> 00:20:06,320
Speaker 2: billionaire's name is Dan Freakin. Money gets advanced, project goes

444
00:20:06,320 --> 00:20:08,800
Speaker 2: on and then Rinch. He misses a deadline. He misses

445
00:20:08,800 --> 00:20:11,480
Speaker 2: another deadline, freaking in his company thirty West. They're like,

446
00:20:11,520 --> 00:20:14,080
Speaker 2: it's our project now, and they started trying to, like,

447
00:20:14,200 --> 00:20:16,000
Speaker 2: you know, claim to it. They threaten over to seize

448
00:20:16,000 --> 00:20:18,200
Speaker 2: the project, take it over, you know, the bond company

449
00:20:18,280 --> 00:20:20,320
Speaker 2: or whatever. That all the stuff you hear, So Rinch.

450
00:20:20,400 --> 00:20:23,680
Speaker 2: He turns an old friend for help. Enter Keanu reech

451
00:20:25,400 --> 00:20:28,960
Speaker 2: Man is like a living like Labrador retriever, you know

452
00:20:29,000 --> 00:20:30,280
Speaker 2: what I mean. He's just so good.

453
00:20:30,400 --> 00:20:32,600
Speaker 3: He's a very good friend of mine. Yes, and I

454
00:20:32,640 --> 00:20:36,360
Speaker 3: say that because if you say things enough, it manifest totally.

455
00:20:36,640 --> 00:20:38,800
Speaker 3: So one day I will be good friends with Keanu Reeed.

456
00:20:38,880 --> 00:20:40,760
Speaker 2: There you go. You're gonna make it. It's gonna happen.

457
00:20:40,800 --> 00:20:44,440
Speaker 2: So your close personal friend counter Reep. Yes, as you know, sweetheart.

458
00:20:44,640 --> 00:20:46,800
Speaker 2: He comes on board as a producer, invests in his

459
00:20:46,800 --> 00:20:49,600
Speaker 2: friends project. Things start looking good again. He helps him

460
00:20:49,600 --> 00:20:52,159
Speaker 2: make his deadlines. He now picks up the money gaps.

461
00:20:52,560 --> 00:20:56,119
Speaker 2: Everything works resuming. Six shorts are produced. They're all like

462
00:20:56,160 --> 00:20:57,919
Speaker 2: four to ten minutes long, so you can get an idea.

463
00:20:58,160 --> 00:20:59,960
Speaker 2: This is what he takes to Amazon and Netflix and

464
00:21:00,000 --> 00:21:00,800
Speaker 2: Apple TV.

465
00:21:01,440 --> 00:21:02,959
Speaker 3: A sizzle reel. Is that what that is?

466
00:21:03,320 --> 00:21:05,560
Speaker 2: No, it's a little smaller, but this will be like basically,

467
00:21:06,040 --> 00:21:08,880
Speaker 2: you're showing them the potential and you want to show

468
00:21:08,920 --> 00:21:12,120
Speaker 2: that you really invested. So yeah, you've created kind of

469
00:21:12,160 --> 00:21:13,640
Speaker 2: like a spec project.

470
00:21:13,720 --> 00:21:15,960
Speaker 3: Yeah, just a little peak exactly. So this is what

471
00:21:16,040 --> 00:21:19,040
Speaker 3: he used. Just kills me.

472
00:21:19,200 --> 00:21:20,720
Speaker 2: Those are a little shorter, a couple of minutes long.

473
00:21:20,760 --> 00:21:23,320
Speaker 2: They show you that anyway, So he starts a bidding war.

474
00:21:23,359 --> 00:21:25,840
Speaker 2: They're all excited. The project looks amazing, ok I said,

475
00:21:25,840 --> 00:21:29,679
Speaker 2: everybody big money. Netflix wins a bidding more. They immediately

476
00:21:29,760 --> 00:21:34,159
Speaker 2: renamed the project con Quest whatever. This is now over

477
00:21:34,200 --> 00:21:36,320
Speaker 2: at this point where in November twenty eighteenth.

478
00:21:35,920 --> 00:21:37,080
Speaker 3: What was it originally named?

479
00:21:37,480 --> 00:21:39,800
Speaker 2: He didn't really have a name for it. He talks

480
00:21:39,800 --> 00:21:42,320
Speaker 2: about the organic intelligence okay, right, and you had like

481
00:21:42,920 --> 00:21:45,600
Speaker 2: he wanted it to be something other than Conquest.

482
00:21:45,680 --> 00:21:49,600
Speaker 3: That sounds like a sixties seventies television show one hour procedural.

483
00:21:49,760 --> 00:21:52,080
Speaker 2: Yeah, no, I only liked it when the Jack White

484
00:21:52,080 --> 00:21:55,280
Speaker 2: did it as a song like that's yeah, definitely. But anyway,

485
00:21:55,280 --> 00:21:57,480
Speaker 2: the streamer planned to debut in the new series twenty

486
00:21:57,560 --> 00:22:00,280
Speaker 2: twenty two. He's got basically three years to make it

487
00:22:00,320 --> 00:22:02,680
Speaker 2: because it's November twenty eighteen at this point. They want

488
00:22:02,680 --> 00:22:04,880
Speaker 2: to release it in twenty twenty two, plenty of time

489
00:22:04,920 --> 00:22:08,280
Speaker 2: to make the whole series. Meanwhile, working at Netflix is

490
00:22:08,359 --> 00:22:12,239
Speaker 2: Rynch's old producer, Scott Stuber. Yeah right, he's in the

491
00:22:12,280 --> 00:22:15,119
Speaker 2: movie division at Netflix, though not the team serious division,

492
00:22:15,280 --> 00:22:16,680
Speaker 2: so no one asked him what he thought of the deal.

493
00:22:16,720 --> 00:22:18,920
Speaker 2: He didn't hear about it. Of course, his opinion probably

494
00:22:18,920 --> 00:22:21,840
Speaker 2: would have saved them a lot of money, so the streamers,

495
00:22:21,840 --> 00:22:24,399
Speaker 2: they don't benefit from Hollywood's long memory. Instead of the

496
00:22:24,400 --> 00:22:27,480
Speaker 2: project gets greenlit, Netflix wired Rinch the money to get started,

497
00:22:27,840 --> 00:22:30,919
Speaker 2: and the project now known as Conquest. It starts shooting

498
00:22:30,920 --> 00:22:33,960
Speaker 2: in Brazil. Not only that, it has multiple international locales.

499
00:22:34,040 --> 00:22:37,800
Speaker 2: You got people far flung. There's shoots in Budapest, Hungary,

500
00:22:37,920 --> 00:22:40,240
Speaker 2: locations in Uruguay. I guess so she can see your family.

501
00:22:40,280 --> 00:22:42,639
Speaker 2: I don't know any As a shoot goes, Netflix starts

502
00:22:42,640 --> 00:22:47,800
Speaker 2: to hear complaints, accusations, So backchatter right. The filmmaker Rinch

503
00:22:47,880 --> 00:22:51,479
Speaker 2: is apparently he's angered the unions. The union reps report

504
00:22:51,560 --> 00:22:53,960
Speaker 2: to that Rinch has been quote mistreating the team, and

505
00:22:54,119 --> 00:22:56,320
Speaker 2: he has been quick with the cursing and shouts and

506
00:22:56,359 --> 00:23:00,240
Speaker 2: other expressions of excessive irritation. So Netflix they contact Rinch.

507
00:23:00,280 --> 00:23:02,360
Speaker 2: They're like, hey, man, calm down the unit. We don't

508
00:23:02,359 --> 00:23:05,200
Speaker 2: need this. Yeah, exactly, all right, so I meanwhile, back

509
00:23:05,200 --> 00:23:08,440
Speaker 2: on set, Rynch is spiraling. At this point in Buddapest,

510
00:23:08,480 --> 00:23:11,320
Speaker 2: he accuses his wife of hiring assassins to have him killed.

511
00:23:11,920 --> 00:23:14,080
Speaker 2: H oh yeah, his things are going bad, right, so

512
00:23:14,240 --> 00:23:17,040
Speaker 2: Netflix has no idea. But anyway, in response, he starts

513
00:23:17,080 --> 00:23:19,800
Speaker 2: gobbling up the ants or vy ants, the pills. They

514
00:23:19,920 --> 00:23:23,359
Speaker 2: it's a type of prescribed amphetamine. Huh yeah. So the

515
00:23:23,400 --> 00:23:27,120
Speaker 2: side effects of this drug ar mania, delarium, psychosis. It's

516
00:23:27,160 --> 00:23:29,639
Speaker 2: just a winner drug, you know. Just so it's like

517
00:23:29,720 --> 00:23:32,800
Speaker 2: throwing fire on top of already blazing fire, not just

518
00:23:32,800 --> 00:23:34,720
Speaker 2: get and then like you threw some gasoline in just

519
00:23:34,720 --> 00:23:36,560
Speaker 2: because you want to see the two really get along.

520
00:23:37,160 --> 00:23:39,359
Speaker 2: So so now that he's like, you know, claiming his

521
00:23:39,400 --> 00:23:42,680
Speaker 2: wife's trying to have assassins kill him, she reaches out

522
00:23:42,720 --> 00:23:45,119
Speaker 2: to family, friends, people who care about him. They decide,

523
00:23:45,160 --> 00:23:47,680
Speaker 2: let's doge an intervention. Good you know, good for them,

524
00:23:47,760 --> 00:23:50,800
Speaker 2: right if you sometimes, Oh yeah, I've had to be there.

525
00:23:50,800 --> 00:23:53,240
Speaker 2: And now, despite his allegations that she's trying to have

526
00:23:53,280 --> 00:23:56,560
Speaker 2: him assassinated, wife lovingly does this right. She invites Kana

527
00:23:56,600 --> 00:23:58,359
Speaker 2: Reeves to come and talk to his old friend. He

528
00:23:58,440 --> 00:24:01,560
Speaker 2: shows up, like, I said, good guy. Now they together,

529
00:24:01,640 --> 00:24:03,800
Speaker 2: they all convinced Rinch he needs to go to rehab.

530
00:24:03,840 --> 00:24:05,760
Speaker 2: He needs to accept help, right, he needs to get

531
00:24:05,760 --> 00:24:07,760
Speaker 2: his life back together while he has this project going.

532
00:24:07,800 --> 00:24:09,359
Speaker 2: He says, you're you know what, guys, I got too

533
00:24:09,440 --> 00:24:11,080
Speaker 2: much work right now to do all that, all that

534
00:24:11,160 --> 00:24:13,359
Speaker 2: rehab you're talking about. Yeah, but how about this. I

535
00:24:13,400 --> 00:24:15,760
Speaker 2: will hire a sober companion and I will just have

536
00:24:15,840 --> 00:24:18,240
Speaker 2: like a one man rehab move around with me, and

537
00:24:18,320 --> 00:24:20,520
Speaker 2: they'll keep me. This is like what Judge John Belushi

538
00:24:20,960 --> 00:24:23,720
Speaker 2: did at the end. He actually had a I think

539
00:24:23,720 --> 00:24:26,639
Speaker 2: it was Joe Walsh from the Eagles as his sober compaign.

540
00:24:26,760 --> 00:24:30,160
Speaker 3: My god. Anyways, like the last person.

541
00:24:30,680 --> 00:24:32,840
Speaker 2: This is guys supposed to keep him on the right path. Right.

542
00:24:32,880 --> 00:24:35,520
Speaker 2: So a few days later he fires a sober companion.

543
00:24:35,520 --> 00:24:37,040
Speaker 2: He's like, I can't hang with this guy. He won't

544
00:24:37,080 --> 00:24:38,680
Speaker 2: let me get high. You know whatever. I don't know,

545
00:24:38,800 --> 00:24:40,960
Speaker 2: he said. Now. In a few months later, COVID hits.

546
00:24:41,400 --> 00:24:43,880
Speaker 2: So now his production gets shut down for a moment,

547
00:24:43,960 --> 00:24:45,399
Speaker 2: they take a pause. He tried to figure out how

548
00:24:45,440 --> 00:24:47,639
Speaker 2: they're gonna move on. Eventually the productions get back to

549
00:24:47,680 --> 00:24:50,320
Speaker 2: work with masks and regulations and so forth. He's still

550
00:24:50,359 --> 00:24:53,920
Speaker 2: finishing this series on a twenty twenty two deadline. Nothing

551
00:24:53,920 --> 00:24:55,679
Speaker 2: has changed about that. Netflix is like, we gave you

552
00:24:55,720 --> 00:24:56,760
Speaker 2: the money, but give us a show.

553
00:24:56,880 --> 00:24:57,080
Speaker 3: Yeah.

554
00:24:57,280 --> 00:24:59,600
Speaker 2: So at this point, Netflix has sunk forty four million

555
00:24:59,600 --> 00:25:02,160
Speaker 2: dollars to the series. They've they've left out a little bit,

556
00:25:02,200 --> 00:25:04,520
Speaker 2: you know, for finishing funds or for the back half.

557
00:25:04,560 --> 00:25:07,520
Speaker 2: I don't know what the payment schedule was. Anyway. Rinch

558
00:25:07,560 --> 00:25:10,880
Speaker 2: also at this point has blown numerous deadlines. Once again,

559
00:25:10,920 --> 00:25:13,320
Speaker 2: he's back on you know, hey, what's the deadline? So

560
00:25:13,359 --> 00:25:15,080
Speaker 2: what is dude? What do you think? Netflix says when

561
00:25:15,160 --> 00:25:16,840
Speaker 2: Rinch comes to them and says a need more money.

562
00:25:17,119 --> 00:25:19,880
Speaker 2: This is not him now later suing, but in the

563
00:25:19,920 --> 00:25:23,040
Speaker 2: process he goes, hey, I need more money. They say, well,

564
00:25:23,040 --> 00:25:25,000
Speaker 2: can we see a script? What are we dealing with?

565
00:25:25,080 --> 00:25:27,600
Speaker 2: They don't even know what he's shooting. So the series,

566
00:25:27,640 --> 00:25:29,880
Speaker 2: which they'd originally agreed to, was planned to be thirteen

567
00:25:29,920 --> 00:25:32,399
Speaker 2: episodes long. So now Rinch wants to make it twice

568
00:25:32,400 --> 00:25:36,120
Speaker 2: as long, so with a second season. So Netflix is like, yeah, okay, sure,

569
00:25:36,200 --> 00:25:37,120
Speaker 2: we'll send you more.

570
00:25:37,080 --> 00:25:38,800
Speaker 3: Money about second season.

571
00:25:39,080 --> 00:25:40,960
Speaker 2: Right, Well, this case, they actually go for it. They're like,

572
00:25:40,960 --> 00:25:43,600
Speaker 2: oh that's fine, Yeah, we like it second season. So

573
00:25:43,640 --> 00:25:45,320
Speaker 2: they send him more money, I mean like a lot

574
00:25:45,320 --> 00:25:47,280
Speaker 2: more money. They send him eleven million dollars.

575
00:25:47,359 --> 00:25:47,800
Speaker 3: Wow.

576
00:25:48,160 --> 00:25:50,159
Speaker 2: They wire him the cash. What does he do with it?

577
00:25:50,200 --> 00:25:52,920
Speaker 2: He needed this money. He pulls it out of the

578
00:25:53,040 --> 00:25:55,639
Speaker 2: escrow account and he invested in crypto in the stock market.

579
00:25:55,800 --> 00:25:56,520
Speaker 3: Oh my god.

580
00:25:56,680 --> 00:25:59,280
Speaker 2: He drops ten point five million of the eleven million

581
00:25:59,320 --> 00:26:02,399
Speaker 2: dollars into his sh Charles Schwab account, and he decides

582
00:26:02,440 --> 00:26:05,920
Speaker 2: to play the options market, because that's always a saft. No.

583
00:26:06,000 --> 00:26:08,240
Speaker 2: He places a bunch of risky bets. For instance, he

584
00:26:08,280 --> 00:26:11,359
Speaker 2: buys shares of a Gilliad Sciences. Well that was not

585
00:26:11,440 --> 00:26:13,520
Speaker 2: bad good, Yeah, a good call, right, But he's convince

586
00:26:13,560 --> 00:26:14,920
Speaker 2: they're about to make a bundle on a new anti

587
00:26:15,000 --> 00:26:17,680
Speaker 2: viral COVID drug, but others beat them to market, so

588
00:26:17,880 --> 00:26:20,280
Speaker 2: he lost a bunch. He also bet on Standard and

589
00:26:20,359 --> 00:26:22,159
Speaker 2: Poors indecks the S and P five hundred.

590
00:26:22,200 --> 00:26:22,760
Speaker 3: Yeah.

591
00:26:22,800 --> 00:26:25,600
Speaker 2: A few weeks later he'd lost five point nine million

592
00:26:25,680 --> 00:26:28,840
Speaker 2: of the eleven million. At this point, he also loses

593
00:26:28,840 --> 00:26:30,960
Speaker 2: his wife. So she's like, what I've had it up

594
00:26:31,000 --> 00:26:32,879
Speaker 2: to here. I tried the intervention. Now you get the money,

595
00:26:32,880 --> 00:26:35,320
Speaker 2: we get the project going. What do you do you buy?

596
00:26:35,560 --> 00:26:37,080
Speaker 3: And so he sat through an intervention.

597
00:26:37,359 --> 00:26:41,440
Speaker 2: Oh yeah, total yeah, yeah, yeah yeah, not fun.

598
00:26:41,520 --> 00:26:41,560
Speaker 3: No.

599
00:26:41,800 --> 00:26:44,840
Speaker 2: In June twenty twenty, wife and Rinch they try to

600
00:26:44,880 --> 00:26:47,439
Speaker 2: make a last dish. Can we pull the marriage and

601
00:26:47,480 --> 00:26:49,840
Speaker 2: this project We've worked so hard? Can we get them

602
00:26:49,880 --> 00:26:52,440
Speaker 2: all back on road? They take a drive through the

603
00:26:52,480 --> 00:26:55,000
Speaker 2: Hollywood Hills. They're up thereack on maul Holland and he's

604
00:26:55,040 --> 00:26:57,280
Speaker 2: gazing down at the city below, and then he looks

605
00:26:57,359 --> 00:26:59,359
Speaker 2: up at the planes above and he tells his wife

606
00:26:59,400 --> 00:27:02,040
Speaker 2: that those are not planes, those are UFOs and they're

607
00:27:02,040 --> 00:27:05,880
Speaker 2: actually quote organic intelligent forces and they he's communicating with them,

608
00:27:05,880 --> 00:27:06,400
Speaker 2: and she's.

609
00:27:06,280 --> 00:27:08,240
Speaker 3: Like, oh oh, he's still popping them pills.

610
00:27:08,359 --> 00:27:10,159
Speaker 2: Yes. Around the same time he texts his wife he

611
00:27:10,160 --> 00:27:11,800
Speaker 2: shows a little secret. This is when he tells her

612
00:27:12,840 --> 00:27:14,359
Speaker 2: he's like, hey, baby, you know I can predict a

613
00:27:14,480 --> 00:27:16,880
Speaker 2: lightning strikes. You just want to be careful coming up right.

614
00:27:16,920 --> 00:27:20,080
Speaker 2: And he's also, I now can predict volcanoes. So he's

615
00:27:20,080 --> 00:27:22,960
Speaker 2: moving on. Yeah, he's got you know, volcanology under his belt.

616
00:27:23,040 --> 00:27:25,080
Speaker 2: And so in July, his wife's like, Okay, I want

617
00:27:25,080 --> 00:27:27,800
Speaker 2: to divorce you. This is rap. Not only that she

618
00:27:27,880 --> 00:27:30,679
Speaker 2: informs Netflix that her husband is unhinged because he's our

619
00:27:30,680 --> 00:27:33,600
Speaker 2: business partner. They're cheaesy on so she's like, he's on balance,

620
00:27:33,640 --> 00:27:36,399
Speaker 2: he's unlikely to finish the production. Netflix exacts are like,

621
00:27:36,480 --> 00:27:39,919
Speaker 2: huh uh, we had noticed some strange behavior. Now, when

622
00:27:39,960 --> 00:27:43,200
Speaker 2: I say strange behavior, they had received emails where he's like, quote,

623
00:27:43,240 --> 00:27:46,280
Speaker 2: the coronavirus signal is emanating from within the earth. And

624
00:27:46,280 --> 00:27:48,280
Speaker 2: they're like, yeah, that is kind of some strange behavior.

625
00:27:48,280 --> 00:27:51,320
Speaker 2: But you know how creatives are, so yeah, and uh,

626
00:27:51,720 --> 00:27:54,119
Speaker 2: things get better if you will, or worse. However, you

627
00:27:54,119 --> 00:27:55,960
Speaker 2: want to look at it for Netflix because you might

628
00:27:55,960 --> 00:27:57,560
Speaker 2: think this would spell the beginning of the end of

629
00:27:57,600 --> 00:27:59,320
Speaker 2: this project at Netflix. One. We think they were going

630
00:27:59,359 --> 00:28:00,760
Speaker 2: to put this into turn and around, like they're going

631
00:28:00,800 --> 00:28:02,919
Speaker 2: to put a pause on it. You would be wrong.

632
00:28:03,359 --> 00:28:06,520
Speaker 2: Why because of the high turnover. Remember I mentioned earlier. Well,

633
00:28:06,560 --> 00:28:09,280
Speaker 2: Netflix reshuffled its executives and they got rid of the

634
00:28:09,320 --> 00:28:11,960
Speaker 2: executive who'd brought the project in and they and the

635
00:28:12,000 --> 00:28:14,280
Speaker 2: one who sent them all the money she leaves Netflix.

636
00:28:14,400 --> 00:28:14,680
Speaker 3: Yeah.

637
00:28:14,720 --> 00:28:16,560
Speaker 2: So at this point, the new executive who's now in

638
00:28:16,640 --> 00:28:20,160
Speaker 2: charge of Kong quest can we see the footage, because

639
00:28:20,200 --> 00:28:23,600
Speaker 2: like I'm now in charge, And his wife's like, oh yeah,

640
00:28:23,640 --> 00:28:25,880
Speaker 2: he's got the footage. And if I ask him for that,

641
00:28:26,200 --> 00:28:28,040
Speaker 2: he may do things you don't. He may come down

642
00:28:28,040 --> 00:28:30,040
Speaker 2: to your office. You don't want that, right, And they're

643
00:28:30,080 --> 00:28:32,639
Speaker 2: like really, and he's like, oh yeah, he's fully paranoid delusional,

644
00:28:32,840 --> 00:28:35,560
Speaker 2: Like oh okay, well that's cool. Then. So Netflix sikes

645
00:28:35,560 --> 00:28:37,680
Speaker 2: the other route. They informed the production that they're going

646
00:28:37,720 --> 00:28:39,720
Speaker 2: to need their money back, so they like, can we

647
00:28:39,720 --> 00:28:41,320
Speaker 2: get our fifty five mil back? And so at this

648
00:28:41,360 --> 00:28:43,680
Speaker 2: point is now March twenty twenty one, and things have

649
00:28:43,760 --> 00:28:46,360
Speaker 2: changed for the streaming wars the subscribers. At this point,

650
00:28:46,400 --> 00:28:49,240
Speaker 2: the numbers installed in some cases hard need to go down.

651
00:28:49,280 --> 00:28:51,880
Speaker 2: As New York Times reported, Netflix came to the conclusion

652
00:28:51,960 --> 00:28:54,120
Speaker 2: quote after a lot of time and effort, he became

653
00:28:54,200 --> 00:28:56,720
Speaker 2: clear that mister Rinch was never going to complete the

654
00:28:56,760 --> 00:28:59,080
Speaker 2: project he'd agreed to make, and so we wrote the

655
00:28:59,120 --> 00:29:01,640
Speaker 2: project off. They went the round of you're now attacks

656
00:29:01,720 --> 00:29:04,959
Speaker 2: right off? Yeah. Yeah, So the streamer informed Gabriella and

657
00:29:05,200 --> 00:29:08,000
Speaker 2: thus Wrench that they were free to shop the project around.

658
00:29:08,280 --> 00:29:10,400
Speaker 2: Oh really yeah, and if they can find a new buyer,

659
00:29:10,480 --> 00:29:12,600
Speaker 2: the new acquirer will have to give us fifty five

660
00:29:12,640 --> 00:29:13,720
Speaker 2: million dollars.

661
00:29:13,800 --> 00:29:14,040
Speaker 3: Right.

662
00:29:14,200 --> 00:29:15,960
Speaker 2: Oh, So that did not sit well with Carl Rinch,

663
00:29:15,960 --> 00:29:18,680
Speaker 2: So he sends back a flurry of hotly worded emails.

664
00:29:18,920 --> 00:29:20,960
Speaker 2: All right, and he addressed the elephant in the room,

665
00:29:21,120 --> 00:29:24,080
Speaker 2: his sanity, and he wrote to Netflix to state it simply,

666
00:29:24,160 --> 00:29:27,400
Speaker 2: I am of sound mind and body. At the point

667
00:29:27,480 --> 00:29:30,000
Speaker 2: you're telling people that in an email, I'm just gonna

668
00:29:30,000 --> 00:29:31,080
Speaker 2: say that if.

669
00:29:31,000 --> 00:29:32,880
Speaker 3: You have to try and argue the fact that you

670
00:29:32,920 --> 00:29:34,280
Speaker 3: know you got it together.

671
00:29:34,120 --> 00:29:35,800
Speaker 2: And you're not telling it in person, you're doing it

672
00:29:35,840 --> 00:29:39,120
Speaker 2: in email, it's like ten times worse good. Anyway. So

673
00:29:39,320 --> 00:29:41,480
Speaker 2: to his credit, he was looking crazy, but crazy like

674
00:29:41,520 --> 00:29:43,520
Speaker 2: a fox. You see. While he lost a ton in

675
00:29:43,560 --> 00:29:46,080
Speaker 2: the stock market, he also made a huge windfall on

676
00:29:46,120 --> 00:29:48,840
Speaker 2: his crypto bed Oh yeah, because he purchased a bunch

677
00:29:48,840 --> 00:29:51,880
Speaker 2: of doge coin and he invested four million dollars into

678
00:29:51,920 --> 00:29:53,720
Speaker 2: doge coin. But it turned out I guess this is

679
00:29:53,720 --> 00:29:55,840
Speaker 2: what an elon was helping to pump and dump it.

680
00:29:56,240 --> 00:29:58,760
Speaker 2: He sold off his holdings. His four million had bloomed

681
00:29:58,800 --> 00:30:02,320
Speaker 2: into twenty seven million wow hours on the come up.

682
00:30:02,400 --> 00:30:03,360
Speaker 3: So did he pull it out?

683
00:30:03,680 --> 00:30:05,320
Speaker 2: Oh? Yeah, he pulled it out and he wrote in

684
00:30:05,360 --> 00:30:07,240
Speaker 2: some crypto forum I found He's like, thank you and

685
00:30:07,320 --> 00:30:10,080
Speaker 2: God blessed crypto. So at this point he could have

686
00:30:10,120 --> 00:30:12,640
Speaker 2: paid Netflix at least half of their money back. So

687
00:30:12,760 --> 00:30:15,440
Speaker 2: what does he do, Elizabeth? He remember he's getting divorced, right,

688
00:30:15,480 --> 00:30:16,200
Speaker 2: So what does he do?

689
00:30:16,320 --> 00:30:17,880
Speaker 3: Oh he pays nothing to anybody?

690
00:30:18,040 --> 00:30:21,120
Speaker 2: Yeah, exactly. So, as soon to be ex wife Gabriella,

691
00:30:21,200 --> 00:30:24,040
Speaker 2: she hired a forensic accountant who unearthed the whole trail

692
00:30:24,080 --> 00:30:25,680
Speaker 2: of where all the money went, because it wasn't like

693
00:30:25,720 --> 00:30:27,479
Speaker 2: he was hiding it. Well, so, according to The New

694
00:30:27,560 --> 00:30:31,680
Speaker 2: York Times, Wrench purchased quote five rolls royces a ferrari a,

695
00:30:31,720 --> 00:30:34,160
Speaker 2: three hundred and eighty seven thousand, six hundred and thirty

696
00:30:34,440 --> 00:30:38,560
Speaker 2: dollars Vacheron Constantine watch and millions of dollars worth of

697
00:30:38,600 --> 00:30:42,600
Speaker 2: high end furniture and designer clothing wow final sum eight

698
00:30:42,600 --> 00:30:45,720
Speaker 2: point seven million dollars. To his wife's lawyers, he claimed

699
00:30:45,720 --> 00:30:48,520
Speaker 2: that the money was not his and that this the cars,

700
00:30:48,600 --> 00:30:51,040
Speaker 2: the wardrobe, even the watch the furniture. They were all

701
00:30:51,080 --> 00:30:54,320
Speaker 2: props for conquests and thus they belonged to Netflix and

702
00:30:54,360 --> 00:30:56,040
Speaker 2: they cannot be part of any divorce agreement.

703
00:30:56,320 --> 00:30:59,200
Speaker 3: Well, then the Netflix is like, can we have it back?

704
00:30:59,320 --> 00:31:02,320
Speaker 2: Exactly? Mean. On his arbitration with Netflix's lawyers, he argued

705
00:31:02,320 --> 00:31:04,520
Speaker 2: that the money is his and that not only that,

706
00:31:04,520 --> 00:31:08,280
Speaker 2: Netflix is contractually obligated to owe him fourteen more million dollars.

707
00:31:08,400 --> 00:31:11,400
Speaker 2: So Netflix's lawyers held the position, we disagree, and at

708
00:31:11,400 --> 00:31:13,520
Speaker 2: this point the parties are They're still in court. So

709
00:31:13,640 --> 00:31:16,680
Speaker 2: in July this year, Netflix's lawyers argued that any Money's

710
00:31:16,720 --> 00:31:20,520
Speaker 2: promised to wrench were contingent on his meeting production scheduled deadlines,

711
00:31:20,720 --> 00:31:24,000
Speaker 2: which he's thus far blown or ignored. Personally, I'm betting

712
00:31:24,040 --> 00:31:26,200
Speaker 2: on Netflix to win this one. What do you think, Elizabeth?

713
00:31:26,280 --> 00:31:27,640
Speaker 3: I would second that.

714
00:31:28,280 --> 00:31:30,440
Speaker 2: Now, since we don't have closure on this story, I

715
00:31:30,480 --> 00:31:32,480
Speaker 2: thought i'd share another tale of con artist who tried

716
00:31:32,480 --> 00:31:34,840
Speaker 2: to finesse Netflix for millions. Only this next cat he

717
00:31:34,880 --> 00:31:37,680
Speaker 2: pretended he was in business with Netflix so he could

718
00:31:37,680 --> 00:31:41,840
Speaker 2: convince investors that he had their back. Now, how do

719
00:31:41,880 --> 00:31:44,640
Speaker 2: you think that played out? I'll give you a hint.

720
00:31:44,720 --> 00:31:48,040
Speaker 2: He's on this show. So let's take a little break

721
00:31:48,040 --> 00:31:49,040
Speaker 2: and we'll be right back and I'll tell you the

722
00:31:49,040 --> 00:31:50,120
Speaker 2: story of Adam Joyner.

723
00:32:10,120 --> 00:32:12,040
Speaker 3: All right, Elizabeth, Yes, Aaron, we're back.

724
00:32:12,160 --> 00:32:14,600
Speaker 2: Yes, Elizabeth, I'd like you to meet my friend and neighbor,

725
00:32:14,680 --> 00:32:15,400
Speaker 2: Adam Joyner.

726
00:32:15,520 --> 00:32:17,440
Speaker 3: Hi, Adam, that's not real, it's familiar.

727
00:32:17,720 --> 00:32:19,320
Speaker 2: Yeah, I don't know. Maybe you know I covered this

728
00:32:19,400 --> 00:32:21,280
Speaker 2: guy's story as a journalist and maybe you heard me

729
00:32:21,320 --> 00:32:23,160
Speaker 2: talking about it in the past. I went to court

730
00:32:23,200 --> 00:32:25,280
Speaker 2: and I sat there as he had to face justice. Yeah,

731
00:32:25,320 --> 00:32:27,600
Speaker 2: I got to watch his moments, right, and having seen

732
00:32:27,640 --> 00:32:30,760
Speaker 2: his old vibe in person, I'm super surprised that he

733
00:32:30,840 --> 00:32:33,320
Speaker 2: thought he could pull this off. I'm just saying that,

734
00:32:33,400 --> 00:32:35,640
Speaker 2: right anyway, Adam Johner, dude thirty eight to forty one

735
00:32:35,680 --> 00:32:38,440
Speaker 2: throughout this right, So anyway, late thirties, early forties, Okay,

736
00:32:38,520 --> 00:32:40,680
Speaker 2: So he was your typical Hollywood hopeful, right. He came

737
00:32:40,720 --> 00:32:42,480
Speaker 2: to town with an idea for a film, and he

738
00:32:42,520 --> 00:32:45,280
Speaker 2: firmly believed he just needed to find a few investors,

739
00:32:45,320 --> 00:32:47,440
Speaker 2: a Hollywood insider, someone who give him a chance, someone

740
00:32:47,480 --> 00:32:50,480
Speaker 2: who could shepherd his film through the production process, and

741
00:32:50,480 --> 00:32:53,520
Speaker 2: then boom, boom boom, he'd be the newest Hollywood hit filmmaker,

742
00:32:53,600 --> 00:32:56,600
Speaker 2: right the success story Now, Adam Joiner is from my

743
00:32:56,640 --> 00:32:58,960
Speaker 2: neck of the woods. He went to Oakmont High School

744
00:32:59,000 --> 00:33:01,560
Speaker 2: in Roseville, California. He had graduated in nineteen ninety six.

745
00:33:01,600 --> 00:33:04,000
Speaker 2: He started out life not far from my hometown of Davis.

746
00:33:04,320 --> 00:33:06,400
Speaker 2: Reading about this cat, he reminded me of dudes that

747
00:33:06,440 --> 00:33:08,880
Speaker 2: I grew up with. I felt like I know this guy, right.

748
00:33:09,040 --> 00:33:11,440
Speaker 2: So anyway, Adam Joyner has his idea for a film.

749
00:33:11,440 --> 00:33:12,960
Speaker 2: We'll let you know. That's not right. It was his

750
00:33:13,000 --> 00:33:15,480
Speaker 2: brother's idea. His brother had an idea for a film,

751
00:33:15,560 --> 00:33:17,560
Speaker 2: and his brother wrote up a feature script for this

752
00:33:17,680 --> 00:33:20,560
Speaker 2: story he called Legends, and according to IMDb, the would

753
00:33:20,600 --> 00:33:23,200
Speaker 2: be film was going to be an anachronistic mashup of

754
00:33:23,280 --> 00:33:26,160
Speaker 2: legendary and historical figures from nineteenth century America, such as

755
00:33:26,240 --> 00:33:30,000
Speaker 2: Davy Crockett, Calamity Jane, Paul Bunyan, and John Henry. Yeah,

756
00:33:30,000 --> 00:33:31,480
Speaker 2: it's a lot right, Do with that what you will.

757
00:33:31,520 --> 00:33:33,800
Speaker 2: But as far as ideas go, it's kind of cute,

758
00:33:33,840 --> 00:33:36,160
Speaker 2: you know, and as an elevator pitch, it leaves you wondering, well,

759
00:33:36,160 --> 00:33:37,720
Speaker 2: what would that even look like? What would that be?

760
00:33:37,840 --> 00:33:39,840
Speaker 2: Which is what you want from a good pitch and

761
00:33:39,880 --> 00:33:42,480
Speaker 2: it kind of sounds like a film anyway. So September four,

762
00:33:42,560 --> 00:33:46,880
Speaker 2: twenty fourteen, Adam Joyner incorporates a production company, Dark Planet Pictures,

763
00:33:47,160 --> 00:33:49,720
Speaker 2: and then he goes looking for money. One year later

764
00:33:49,760 --> 00:33:52,440
Speaker 2: he gets look. He meets a man who takes them seriously.

765
00:33:52,640 --> 00:33:55,520
Speaker 2: And this man's name is John Yee. Now, John Yee

766
00:33:55,600 --> 00:33:58,280
Speaker 2: is he works for a Korean investment firm. He was

767
00:33:58,360 --> 00:34:00,440
Speaker 2: curious about this film project and he's like, this sounds

768
00:34:00,480 --> 00:34:02,360
Speaker 2: like this could go it's got legs and Joiners like,

769
00:34:02,400 --> 00:34:05,080
Speaker 2: oh yeah, totally man. So this is because Joiner is

770
00:34:05,160 --> 00:34:07,520
Speaker 2: lying to him right, and he's telling him he has

771
00:34:07,560 --> 00:34:11,160
Speaker 2: a distribution agreement with Netflix, and he's just looking for investors.

772
00:34:11,160 --> 00:34:13,600
Speaker 2: None of the guys sparking to his idea, He's sparking

773
00:34:13,600 --> 00:34:17,200
Speaker 2: to the conditions of his idea. Yes, now he is intrigued,

774
00:34:17,239 --> 00:34:19,680
Speaker 2: and he approaches an investment guy he knows Paul Huh

775
00:34:19,760 --> 00:34:23,200
Speaker 2: and his buddy Paul works at Korea Investment Partners Company

776
00:34:23,280 --> 00:34:26,400
Speaker 2: or KIP, and there who ends up investing in this

777
00:34:26,480 --> 00:34:28,960
Speaker 2: project and projects like this. I've worked with Korean investors

778
00:34:29,000 --> 00:34:33,239
Speaker 2: like this. So paulha He's located in Korea Joiners in California.

779
00:34:33,280 --> 00:34:37,279
Speaker 2: They primarily talk over emails a few phone calls. September ninth,

780
00:34:37,360 --> 00:34:42,000
Speaker 2: twenty sixteen, Joiner emails Paul and hefors him quote, things

781
00:34:42,000 --> 00:34:44,120
Speaker 2: have begun to pick up steam with Netflix as a

782
00:34:44,120 --> 00:34:46,319
Speaker 2: potential investor in the film. I have another meeting with

783
00:34:46,360 --> 00:34:49,279
Speaker 2: them this week. Now that sets the hook. Three days later,

784
00:34:49,320 --> 00:34:51,319
Speaker 2: he emails them again. He gives a little yank on

785
00:34:51,360 --> 00:34:54,799
Speaker 2: the line. He writes to Paul on Netflix, had another

786
00:34:54,800 --> 00:34:56,880
Speaker 2: good meeting with them yesterday and expect to receive a

787
00:34:56,920 --> 00:34:59,040
Speaker 2: contract from them by the end of the week. So

788
00:34:59,200 --> 00:35:02,000
Speaker 2: none of this is true or even remotely likely to

789
00:35:02,120 --> 00:35:04,440
Speaker 2: come true. It was what we in the story industry

790
00:35:04,480 --> 00:35:07,120
Speaker 2: call a lie. Now, what I've been in this position,

791
00:35:07,160 --> 00:35:08,880
Speaker 2: like I not the lying part, but I've been in

792
00:35:08,920 --> 00:35:12,480
Speaker 2: business was Korean investors. In fact, the company that helped start.

793
00:35:12,600 --> 00:35:15,360
Speaker 2: We merged with a Korean company. I know these investors

794
00:35:15,480 --> 00:35:17,920
Speaker 2: very well. A lot of paperwork and due diligence is done.

795
00:35:17,960 --> 00:35:20,160
Speaker 2: They're not fly by the night, at least it was

796
00:35:20,160 --> 00:35:23,239
Speaker 2: the case for us. Now we had distribution deals in place,

797
00:35:23,280 --> 00:35:24,760
Speaker 2: so we had to show them this. We had to email.

798
00:35:24,800 --> 00:35:27,520
Speaker 2: We did exactly what he pretends to do now. In

799
00:35:27,560 --> 00:35:30,840
Speaker 2: terms of independent, non studio backed Hollywood distribution deals go,

800
00:35:30,920 --> 00:35:33,000
Speaker 2: I'm not sure if you're familiar with them. It often

801
00:35:33,000 --> 00:35:35,360
Speaker 2: plays out like this. A production company will secure a

802
00:35:35,400 --> 00:35:39,680
Speaker 2: distribution deal with domestic or possibly foreign distributors before a

803
00:35:39,719 --> 00:35:42,600
Speaker 2: single frame has been shot, before actors have been cast anything,

804
00:35:43,080 --> 00:35:46,160
Speaker 2: and then the company will they take this guaranteed distribution

805
00:35:46,200 --> 00:35:48,920
Speaker 2: agreement around to like groups of dentists or whatever, and

806
00:35:48,960 --> 00:35:51,400
Speaker 2: they raise money and then they're willing to kick on

807
00:35:51,440 --> 00:35:54,359
Speaker 2: on this high risk investment. And then once you get

808
00:35:54,360 --> 00:35:56,560
Speaker 2: the movie going, the studios will then come along and

809
00:35:56,600 --> 00:35:58,680
Speaker 2: purchase that. That's how an indie film gets picked up.

810
00:35:58,760 --> 00:36:00,560
Speaker 2: So do you make the movie up with other people's

811
00:36:00,560 --> 00:36:03,280
Speaker 2: money and then studio basically recoups and now the investors

812
00:36:03,280 --> 00:36:05,040
Speaker 2: get that first bit and then they also get will

813
00:36:05,080 --> 00:36:07,479
Speaker 2: get money if it goes to theaters, so it's good

814
00:36:07,480 --> 00:36:09,640
Speaker 2: for them, but not all movies get picked up, so

815
00:36:09,680 --> 00:36:11,920
Speaker 2: they're betting on you can get it through the process.

816
00:36:12,440 --> 00:36:15,040
Speaker 2: So it wasn't unusual for Joinder to be doing business

817
00:36:15,040 --> 00:36:17,480
Speaker 2: the way he's doing it. Right, the Korean investors are like, sure, okay,

818
00:36:17,600 --> 00:36:19,520
Speaker 2: so show us the deal if you have a deal.

819
00:36:19,880 --> 00:36:22,600
Speaker 2: He did not have a deal now. He hoped his

820
00:36:22,600 --> 00:36:24,799
Speaker 2: lives would eventually catch up to reality. That was I

821
00:36:24,800 --> 00:36:26,960
Speaker 2: think his goal now. The in Korean investors they were

822
00:36:27,000 --> 00:36:29,160
Speaker 2: going to wire him millions of dollars for a production,

823
00:36:29,239 --> 00:36:31,400
Speaker 2: so they asked for confirmation of the deal with Netflix,

824
00:36:31,400 --> 00:36:34,839
Speaker 2: and Paul wrote to Joiner, per our conversation, please ask

825
00:36:34,880 --> 00:36:37,200
Speaker 2: someone at Netflix affects it again tomorrow and also send

826
00:36:37,200 --> 00:36:40,320
Speaker 2: it to the gmail's account below from Netflix domain email.

827
00:36:41,320 --> 00:36:44,160
Speaker 2: Very clear at this point joyners so close to the

828
00:36:44,239 --> 00:36:46,759
Speaker 2: money he can practically smell it. So he just needs

829
00:36:46,800 --> 00:36:50,319
Speaker 2: to send over one email, and so he does. April seven,

830
00:36:50,360 --> 00:36:52,960
Speaker 2: twenty sixteen, a fax arrives in Korea. The cover letter

831
00:36:53,000 --> 00:36:55,800
Speaker 2: says that it serves two quote confirm and agreement between

832
00:36:55,800 --> 00:36:59,040
Speaker 2: Netflix Inc. And Dark Planet Pictures LLC. Executed on March

833
00:36:59,040 --> 00:37:01,960
Speaker 2: thirty first, twenty six team. The facts is signed by

834
00:37:01,960 --> 00:37:04,080
Speaker 2: a man with the title of Vice President Business and

835
00:37:04,120 --> 00:37:07,680
Speaker 2: Legal Affairs, Content Acquisition for Netflix. Okay, right, And to

836
00:37:07,800 --> 00:37:10,600
Speaker 2: further seal the deal, Joiner forwards an email from this

837
00:37:10,760 --> 00:37:14,400
Speaker 2: same Netflix executive. The email arrives send from a Netflix

838
00:37:14,480 --> 00:37:18,360
Speaker 2: email domain. In the forwarded email is the distribution agreement

839
00:37:18,360 --> 00:37:21,040
Speaker 2: and it's signed by a third Netflix executive billed as

840
00:37:21,080 --> 00:37:24,440
Speaker 2: the chief content officer. It all looks legit, right, not

841
00:37:24,520 --> 00:37:26,040
Speaker 2: that hard to fake though, I can just tell you

842
00:37:26,040 --> 00:37:28,520
Speaker 2: that right now. Yes, So to fully set the hook,

843
00:37:28,600 --> 00:37:31,799
Speaker 2: Joiner forwards an email from a second Netflix executive, also

844
00:37:31,800 --> 00:37:34,480
Speaker 2: from a Netflix domain account, obviously, and the exec says,

845
00:37:34,760 --> 00:37:36,680
Speaker 2: looking forward to making this movie.

846
00:37:36,840 --> 00:37:40,760
Speaker 3: Wait, so he's forwarding. They're notrect forwarding emails.

847
00:37:40,960 --> 00:37:43,920
Speaker 2: So due to the opaque nature of business in Hollywood,

848
00:37:44,200 --> 00:37:46,560
Speaker 2: Paul and his Korean investment firms they can't really confirm

849
00:37:46,600 --> 00:37:48,640
Speaker 2: who these Netflix are and who would be involved, who

850
00:37:48,680 --> 00:37:51,240
Speaker 2: would be in charge. So they're relying on these forwarded

851
00:37:51,239 --> 00:37:54,279
Speaker 2: email chains for veracity, and also the faxes and the

852
00:37:54,360 --> 00:37:56,919
Speaker 2: signed distribution. It looks pretty good on paper. When there's

853
00:37:57,040 --> 00:38:00,000
Speaker 2: a bunch of them together in conglomerate, it looks legitimate.

854
00:38:00,719 --> 00:38:03,480
Speaker 2: Day of deliberation later, the Korean investment firm signs an

855
00:38:03,520 --> 00:38:07,120
Speaker 2: investment deal with Joiner. The investment is eight million dollars.

856
00:38:08,000 --> 00:38:10,320
Speaker 2: A week later, the first half of the investment is

857
00:38:10,360 --> 00:38:12,840
Speaker 2: wired to Joiner's bank account. He's now got four million

858
00:38:12,880 --> 00:38:14,960
Speaker 2: dollars in his Bank of America account.

859
00:38:14,640 --> 00:38:17,520
Speaker 3: And nothing to show now now and he's done it.

860
00:38:17,560 --> 00:38:19,799
Speaker 2: He's conned his way into millions of dollars. He's got

861
00:38:19,800 --> 00:38:22,600
Speaker 2: four more on the backside coming in eventually. Keep in mind,

862
00:38:22,640 --> 00:38:25,759
Speaker 2: this is a married man, father of three girls. And

863
00:38:25,800 --> 00:38:29,800
Speaker 2: the crimes he's engaging in wirefraud of you know, false accounting,

864
00:38:29,840 --> 00:38:32,520
Speaker 2: so forth, this maximum sentence of twenty years behind bars

865
00:38:32,520 --> 00:38:34,640
Speaker 2: in federal prison. He's setting himself up for Oh god,

866
00:38:34,800 --> 00:38:36,600
Speaker 2: at this moment though, he's not thinking about any of that,

867
00:38:36,800 --> 00:38:39,879
Speaker 2: because he's got four million dollars of other people's money. Elizabeth,

868
00:38:40,440 --> 00:38:44,600
Speaker 2: April fifteenth, ironically twenty sixteen, aka tax Day. Joiner takes

869
00:38:44,600 --> 00:38:46,560
Speaker 2: a trip down to the bank and he withdraws eight

870
00:38:46,640 --> 00:38:48,799
Speaker 2: hundred thousand dollars and he transferred it to a little

871
00:38:48,840 --> 00:38:51,320
Speaker 2: joint account he and his wife's share. Oh cute.

872
00:38:51,520 --> 00:38:53,640
Speaker 3: Not make a nice trail there exactly.

873
00:38:53,640 --> 00:38:55,560
Speaker 2: Not a business account either. So now that he's tasted

874
00:38:55,640 --> 00:38:58,120
Speaker 2: success from his con job, Joiner wants more. He goes back.

875
00:38:58,160 --> 00:39:00,880
Speaker 2: He double dips. He approaches a second set of foreign investors,

876
00:39:00,920 --> 00:39:04,319
Speaker 2: this time Chinese investors. Could the scam work twice? Elizabeth,

877
00:39:04,480 --> 00:39:07,920
Speaker 2: oh Man, you better believe it did, baby. He contacts

878
00:39:07,920 --> 00:39:11,160
Speaker 2: Star Sentry Pictures Company Limited, which is an affiliate of

879
00:39:11,200 --> 00:39:14,160
Speaker 2: PGA Young Park Capital Limited and which is in itself

880
00:39:14,320 --> 00:39:16,719
Speaker 2: an investment firm in the People's Republic of China. So,

881
00:39:16,840 --> 00:39:19,480
Speaker 2: using the same fraudulent paperwork he used to scam the

882
00:39:19,520 --> 00:39:22,840
Speaker 2: Korean investors, Joiners able to peel an additional six million

883
00:39:22,880 --> 00:39:25,880
Speaker 2: out of his new Chinese investors. Wow, he now has

884
00:39:25,960 --> 00:39:28,440
Speaker 2: ten million dollars of other people's money parked in his

885
00:39:28,480 --> 00:39:31,759
Speaker 2: bank accounts, with four million to come. Adam, Joiner has

886
00:39:31,880 --> 00:39:34,920
Speaker 2: done it, and now he feels like an official Hollywood

887
00:39:34,960 --> 00:39:37,719
Speaker 2: play a baby, so he starts to live like it. Elizabeth,

888
00:39:37,840 --> 00:39:40,279
Speaker 2: you just conned foreign investors out of ten million. What

889
00:39:40,280 --> 00:39:41,160
Speaker 2: would you do with it?

890
00:39:41,360 --> 00:39:46,000
Speaker 3: Mmmm? Hide it somewhere I don't know, Swiss bank account

891
00:39:46,840 --> 00:39:49,480
Speaker 3: I disappear. They're gonna come and get you.

892
00:39:49,760 --> 00:39:53,440
Speaker 2: Yes, yeah, Well it's the summer twenty sixteen at this point,

893
00:39:53,480 --> 00:39:55,640
Speaker 2: so there's plenty of stuff to buy, plenty of stuff

894
00:39:55,640 --> 00:39:58,200
Speaker 2: to enjoy, very pre COVID. Everybody's like out. So what

895
00:39:58,239 --> 00:40:01,000
Speaker 2: does Joiner spend his lud on? You get loose with it? Well,

896
00:40:01,120 --> 00:40:02,600
Speaker 2: rather than tell you about it, Elizabeth, I would like

897
00:40:02,600 --> 00:40:03,320
Speaker 2: you to close.

898
00:40:03,080 --> 00:40:05,120
Speaker 3: Your eyes, my eyes a close and picture it.

899
00:40:05,920 --> 00:40:09,160
Speaker 2: Elizabeth, you are a Southern California realtor, one who sells

900
00:40:09,160 --> 00:40:12,080
Speaker 2: homes in the Manhattan Beach area. It's a Saturday, one

901
00:40:12,080 --> 00:40:13,960
Speaker 2: of your busiest days of the week. You're at your

902
00:40:14,000 --> 00:40:16,279
Speaker 2: third home tour of the day. At the moment, you're

903
00:40:16,320 --> 00:40:19,160
Speaker 2: standing on the second floor deck, the gentle ocean breeze

904
00:40:19,360 --> 00:40:23,000
Speaker 2: thrills against your cheek as the seabirds sound in the distance.

905
00:40:23,400 --> 00:40:25,799
Speaker 2: The married couple on the second floor patio with you

906
00:40:25,920 --> 00:40:29,960
Speaker 2: a whisper between themselves. After you hear their whispers fall silent,

907
00:40:30,000 --> 00:40:33,280
Speaker 2: you gracefully turn. You ask the pair, mister and missus Joyner,

908
00:40:33,360 --> 00:40:36,200
Speaker 2: can you imagine stepping out onto this patio, filling your

909
00:40:36,280 --> 00:40:38,840
Speaker 2: lungs with that ocean air and enjoying the fruits of

910
00:40:38,920 --> 00:40:41,920
Speaker 2: all of your hard work. The husband looks at his wife.

911
00:40:41,920 --> 00:40:46,160
Speaker 2: His smile is wide proud. He replies, I sure can now.

912
00:40:46,280 --> 00:40:48,879
Speaker 2: The house is one of your long daddy's you're hoping

913
00:40:48,880 --> 00:40:51,719
Speaker 2: to move soon? Yeah, This Manhattan Beach dream home is

914
00:40:51,760 --> 00:40:54,400
Speaker 2: four two hundred and sixty five square feet to poast,

915
00:40:54,560 --> 00:40:57,120
Speaker 2: five bedrooms and five baths. The price tag for this

916
00:40:57,160 --> 00:41:01,360
Speaker 2: beauty five point three five million dollars. Pictures don't do

917
00:41:01,440 --> 00:41:04,160
Speaker 2: the place justice. Also, the all white on white with

918
00:41:04,239 --> 00:41:07,040
Speaker 2: touches of slate and gray. That decor that wasn't your idea.

919
00:41:07,719 --> 00:41:09,759
Speaker 2: But anyway, that said, here are a few picks so

920
00:41:09,800 --> 00:41:12,360
Speaker 2: you could describe what you're looking at in realitor terms,

921
00:41:12,719 --> 00:41:15,120
Speaker 2: like could you sell me on this Elizabeth for sure?

922
00:41:15,760 --> 00:41:17,479
Speaker 3: Well, I happen to have the description of the dream

923
00:41:17,480 --> 00:41:20,759
Speaker 3: home from Zillow. You know I love Zillo. Inside this

924
00:41:20,920 --> 00:41:24,360
Speaker 3: California dream beach house, you discover that the ground floor

925
00:41:24,440 --> 00:41:28,520
Speaker 3: features a large family room, secluded bathroom, suite, mudroom, and

926
00:41:28,600 --> 00:41:32,400
Speaker 3: three car garage. The second level showcases a striking vaulted

927
00:41:32,440 --> 00:41:36,560
Speaker 3: beam ceiling, great room with fireplace, private office, gourmet kitchen

928
00:41:36,600 --> 00:41:39,799
Speaker 3: with top of the line appliances, dining nook, walk in

929
00:41:39,840 --> 00:41:43,480
Speaker 3: butler's pantry, cozy den with fireplace, and a barbecue deck.

930
00:41:43,680 --> 00:41:45,840
Speaker 2: Okay, you got my attention. I'm listening, but I like

931
00:41:45,880 --> 00:41:48,399
Speaker 2: the joiners. I'm still on the fence. Make me want

932
00:41:48,400 --> 00:41:49,320
Speaker 2: to wire my money?

933
00:41:49,520 --> 00:41:53,160
Speaker 3: Okay. Located in the heart of Old Manhattan, the hidden

934
00:41:53,200 --> 00:41:56,920
Speaker 3: gem of the Sand Section, this peaceful enclave is the

935
00:41:56,960 --> 00:42:00,400
Speaker 3: only area of MB that offers tree lines, eats, with

936
00:42:00,520 --> 00:42:03,560
Speaker 3: sidewalks and parking on both sides of the street. The

937
00:42:03,600 --> 00:42:07,799
Speaker 3: ideal northwest corner lot location allows for abundant full day

938
00:42:07,920 --> 00:42:11,719
Speaker 3: natural light, panoramic hill section views, and a beautiful bank

939
00:42:11,760 --> 00:42:14,200
Speaker 3: of lush landscaping along the eastern sideyard.

940
00:42:14,920 --> 00:42:17,279
Speaker 2: Yes, talk that talk, you know what. I think that

941
00:42:17,400 --> 00:42:20,200
Speaker 2: Really the key is if you're paying five point five mil,

942
00:42:20,360 --> 00:42:22,839
Speaker 2: you want trees on both sides of the streets. I mean,

943
00:42:22,880 --> 00:42:25,120
Speaker 2: come on that right, Okay, Well, here's what the houses

944
00:42:25,160 --> 00:42:27,920
Speaker 2: look like in full living color. Feasts your eyes on that.

945
00:42:29,800 --> 00:42:32,279
Speaker 3: From the outside, it just looks like a steamship, like

946
00:42:32,800 --> 00:42:36,000
Speaker 3: a paddle boat. Steamer on that totally. And then those

947
00:42:36,040 --> 00:42:37,320
Speaker 3: are bushes. Those aren't trees.

948
00:42:38,080 --> 00:42:43,200
Speaker 2: Exack. It looks like Tyler Perry designed this place.

949
00:42:43,360 --> 00:42:45,920
Speaker 3: I would like to see a cluttered for like rich people.

950
00:42:46,000 --> 00:42:47,279
Speaker 2: And he's like, here, I think this is what rich

951
00:42:47,320 --> 00:42:51,680
Speaker 2: people like. No, it's not good. Well, anyway, As the

952
00:42:51,680 --> 00:42:54,120
Speaker 2: tour of the dream beach home nears its end, you

953
00:42:54,160 --> 00:42:56,200
Speaker 2: take a read of the couple. You can't tell if

954
00:42:56,200 --> 00:42:58,960
Speaker 2: they're into it or not. Back downstairs, you point out

955
00:42:58,960 --> 00:43:02,160
Speaker 2: the ground level patio and casually compliment the perspective buyer.

956
00:43:02,360 --> 00:43:04,880
Speaker 2: You say, with a smile in your voice, do you

957
00:43:04,920 --> 00:43:07,359
Speaker 2: seem like the kind of husband would really appreciate having

958
00:43:07,360 --> 00:43:10,719
Speaker 2: your own barbecue deck. Missus Joyner shares a look with

959
00:43:10,800 --> 00:43:14,200
Speaker 2: her husband. They both smile a conspiratorial grin. Seems you

960
00:43:14,280 --> 00:43:16,480
Speaker 2: hit your mark to seal the deal, you say, and

961
00:43:16,560 --> 00:43:19,239
Speaker 2: Missus Joyner, if I'm guessing right, I'm betting you may

962
00:43:19,280 --> 00:43:21,680
Speaker 2: want to keep some of the all white furniture. She

963
00:43:21,800 --> 00:43:25,040
Speaker 2: nods enthusiastically. Sure, looks like you've made your saal, Elizabeth.

964
00:43:25,440 --> 00:43:27,680
Speaker 2: So you go for broke and you say, if you

965
00:43:27,680 --> 00:43:29,799
Speaker 2: guys want to make it official, like right now with

966
00:43:29,840 --> 00:43:32,600
Speaker 2: an offer. I happen to have a bottle of champagne

967
00:43:32,600 --> 00:43:35,440
Speaker 2: in the fridge and some champagne flutes. Shall I do

968
00:43:35,520 --> 00:43:38,920
Speaker 2: the honors? After you call your office with their offer

969
00:43:39,000 --> 00:43:41,400
Speaker 2: on the dream beach house, you all cheers.

970
00:43:42,480 --> 00:43:43,520
Speaker 3: I hate myself.

971
00:43:45,239 --> 00:43:48,240
Speaker 2: Well you did it, Elizabeth. You just help the Joiners

972
00:43:48,239 --> 00:43:49,680
Speaker 2: spend their ill gotten games.

973
00:43:49,719 --> 00:43:51,279
Speaker 3: You got two kids? Are going to keep the all

974
00:43:51,320 --> 00:43:52,000
Speaker 3: white interior?

975
00:43:52,920 --> 00:43:56,200
Speaker 2: Oh yeah, look, we not three boys, so anyway to

976
00:43:56,239 --> 00:43:58,560
Speaker 2: purchase girls can be messy too. Don't get me wrong,

977
00:43:58,640 --> 00:44:00,800
Speaker 2: but for everybody. I'm not a PA. But from everything

978
00:44:00,800 --> 00:44:01,759
Speaker 2: I hear, you have three boys.

979
00:44:02,440 --> 00:44:03,480
Speaker 3: One of them is a toddler.

980
00:44:03,760 --> 00:44:06,000
Speaker 2: Oh yeah, forget about it. Oh yeah, no, forget about

981
00:44:06,080 --> 00:44:07,759
Speaker 2: for sure. I mean, I don't mean to be like,

982
00:44:07,800 --> 00:44:10,640
Speaker 2: you know, undercutting the kind of.

983
00:44:10,600 --> 00:44:13,120
Speaker 3: Messes just as messy as a man.

984
00:44:13,280 --> 00:44:16,919
Speaker 2: You are, right, more so, yes, even more so. Now,

985
00:44:17,200 --> 00:44:20,160
Speaker 2: three weeks after all of this, he was wired six

986
00:44:20,200 --> 00:44:23,160
Speaker 2: million from his Chinese investors, Star Century. So Joiner pulled

987
00:44:23,160 --> 00:44:26,280
Speaker 2: that money back out immediately and he transferred one hundred

988
00:44:26,280 --> 00:44:29,800
Speaker 2: and sixty thousand, five hundred to his California investor escrow company.

989
00:44:30,200 --> 00:44:32,080
Speaker 2: Then that was a deposit on the home he just

990
00:44:32,120 --> 00:44:36,120
Speaker 2: bought from you. Wow, was deposit one hundred and sixty thousand.

991
00:44:36,440 --> 00:44:40,239
Speaker 2: That was like just a little old this this is mine. Yeah,

992
00:44:40,680 --> 00:44:41,640
Speaker 2: it wasn't a down payment.

993
00:44:41,719 --> 00:44:44,520
Speaker 3: It's like honestly, and I don't care what it's called.

994
00:44:45,239 --> 00:44:47,359
Speaker 2: What I don't get is it. Sure seems like even

995
00:44:47,400 --> 00:44:50,240
Speaker 2: though he's now fully blowing his wad of other people's

996
00:44:50,320 --> 00:44:52,560
Speaker 2: money on a home for his family, it seems like

997
00:44:52,560 --> 00:44:55,600
Speaker 2: Adam Joyner still planned to make his movie Legends because

998
00:44:55,600 --> 00:44:57,880
Speaker 2: he started to reach out some real hitters like enter

999
00:44:57,920 --> 00:45:02,640
Speaker 2: the true Hollywood players, Elizabeth, Yeah, this cat, No, he's

1000
00:45:02,640 --> 00:45:05,520
Speaker 2: already circling. No, not in this story, the cat. The

1001
00:45:05,600 --> 00:45:07,440
Speaker 2: Joiner approach to make his Dreams Comes true? Is this

1002
00:45:07,520 --> 00:45:10,240
Speaker 2: dude named Don Murphy. Now, if you're deep into film history,

1003
00:45:10,239 --> 00:45:12,920
Speaker 2: you know Don Murphy, but unlikely for most other people.

1004
00:45:13,120 --> 00:45:15,560
Speaker 2: Just explain it. Joiner plans to pay Don Murphy to

1005
00:45:15,600 --> 00:45:18,759
Speaker 2: shepherd his film forward and make the necessary connections and

1006
00:45:18,800 --> 00:45:21,759
Speaker 2: introductions to Hollywood heavyweights. Right. So Don Murphy is one

1007
00:45:21,760 --> 00:45:24,680
Speaker 2: of those like like gruff, old school producer types, right,

1008
00:45:24,719 --> 00:45:26,400
Speaker 2: they kind of used to like stink of cigars. And

1009
00:45:26,440 --> 00:45:29,480
Speaker 2: he'd produce Natural Born Killers for a Oliver Stone. Right.

1010
00:45:29,520 --> 00:45:31,400
Speaker 2: In fact, he'd taken the script from a young Quentin

1011
00:45:31,440 --> 00:45:33,919
Speaker 2: Tarantino who was trying to break into Hollywood at this point,

1012
00:45:34,080 --> 00:45:36,279
Speaker 2: and he convinced Oliver Stone to come aboard and to

1013
00:45:36,360 --> 00:45:39,480
Speaker 2: direct it. So he gets him. He does, He makes it,

1014
00:45:39,680 --> 00:45:42,440
Speaker 2: much to Tarantino's dismay and because he lost control, and

1015
00:45:42,440 --> 00:45:45,240
Speaker 2: that's where he started being like, I'm gonna lock down everything. Anyway.

1016
00:45:45,239 --> 00:45:47,640
Speaker 2: Don Murphy later went on to produce movies for Michael Bay.

1017
00:45:47,719 --> 00:45:50,600
Speaker 2: He's that kind of guy. Oh okay, So Adam Joyner

1018
00:45:50,719 --> 00:45:53,000
Speaker 2: contacts Don Murphy's like I want to blow stuff up,

1019
00:45:53,040 --> 00:45:55,440
Speaker 2: you know, like I got money, what do we do?

1020
00:45:55,520 --> 00:45:58,239
Speaker 2: And he's like, so he asked them do for me

1021
00:45:58,360 --> 00:46:01,680
Speaker 2: what you did for Tarantino. Like, now, Don Murphy's like, sure, kid,

1022
00:46:01,719 --> 00:46:04,759
Speaker 2: but it'll cost you a million dollars. Specifically, he's had

1023
00:46:04,800 --> 00:46:07,759
Speaker 2: one point two billion dollars. Okay, no, I Actually he's

1024
00:46:07,760 --> 00:46:09,759
Speaker 2: some cigar chomping seventy year old. This dude is a

1025
00:46:09,800 --> 00:46:12,320
Speaker 2: gen X producer. He was like born in nineteen sixty seven.

1026
00:46:13,160 --> 00:46:15,239
Speaker 2: So Joiner's stoke. They're close enough in age they get

1027
00:46:15,280 --> 00:46:17,320
Speaker 2: each other. So he sends an update to his investors.

1028
00:46:17,320 --> 00:46:19,840
Speaker 2: He tells Paul that he quote was expecting to secure

1029
00:46:19,880 --> 00:46:22,160
Speaker 2: Don Murphy by this Friday to be our quote name

1030
00:46:22,239 --> 00:46:25,319
Speaker 2: producer for the film. Don has done all the Transformer

1031
00:46:25,400 --> 00:46:28,919
Speaker 2: movies and several others. He has discussed wanting to bring

1032
00:46:28,920 --> 00:46:31,400
Speaker 2: in Michael Bay to direct, so we plan to explore that.

1033
00:46:32,160 --> 00:46:34,839
Speaker 2: So this none of this is true. So that wasn't

1034
00:46:34,840 --> 00:46:38,040
Speaker 2: just kind of untrue, it was patently false anyway. Joiner

1035
00:46:38,080 --> 00:46:40,600
Speaker 2: transfer is the first installment to an Escrow account to

1036
00:46:40,760 --> 00:46:43,719
Speaker 2: be transferred to Don Murphy. Meanwhile, that same summer, he

1037
00:46:43,760 --> 00:46:46,640
Speaker 2: finally closes in on his new beach house. He transfers

1038
00:46:46,719 --> 00:46:50,120
Speaker 2: five million, one hundred ninety nine hundred and sixteen dollars

1039
00:46:50,120 --> 00:46:53,560
Speaker 2: and ninety two cents to the California Investor escrow, and

1040
00:46:53,600 --> 00:46:56,400
Speaker 2: then about five weeks later, on September twelfth, Joiner transferred

1041
00:46:56,440 --> 00:46:58,880
Speaker 2: another one hundred and twenty thousand into the joint account

1042
00:46:58,880 --> 00:47:01,040
Speaker 2: that he shared with his wife. I assume this is

1043
00:47:01,080 --> 00:47:03,160
Speaker 2: to decorate and furnish the home, probably right, you know,

1044
00:47:03,200 --> 00:47:05,280
Speaker 2: I got to get more all white furniture. So anyway,

1045
00:47:05,320 --> 00:47:07,600
Speaker 2: In total, Joiner at this point is transferred nine hundred

1046
00:47:07,600 --> 00:47:09,720
Speaker 2: and twenty thousand to his personal joint account as well,

1047
00:47:09,920 --> 00:47:12,080
Speaker 2: and he has dropped five point three point five on

1048
00:47:12,239 --> 00:47:15,560
Speaker 2: the Manhattan Beach dream House in total grand total six

1049
00:47:15,600 --> 00:47:18,839
Speaker 2: point two seven million. Also throw on the one point

1050
00:47:18,880 --> 00:47:22,040
Speaker 2: two million he's promised Don Murphy. So all of this

1051
00:47:22,320 --> 00:47:24,080
Speaker 2: in his prior transfers and all that, it leaves a

1052
00:47:24,080 --> 00:47:26,719
Speaker 2: tidy sum of three point one two six million for

1053
00:47:26,840 --> 00:47:30,399
Speaker 2: his Legends movie. Okay, not a lot left, but guess

1054
00:47:30,440 --> 00:47:34,960
Speaker 2: what happens next? Enter Steven Spielberg, Gyelmo, Gueramo del Toro,

1055
00:47:35,320 --> 00:47:39,879
Speaker 2: and Oscar hopeful Bradley Cooper. What yes, So, if you're

1056
00:47:39,920 --> 00:47:42,040
Speaker 2: going to distract someone, Elizabeth, it helps if you have

1057
00:47:42,080 --> 00:47:44,400
Speaker 2: a shiny object, and it doesn't have to be literally

1058
00:47:44,440 --> 00:47:46,920
Speaker 2: shiny it can be Steven Spielberg shiny right like, So

1059
00:47:47,239 --> 00:47:49,000
Speaker 2: that's what he is. He needs to catch their attention.

1060
00:47:49,120 --> 00:47:51,040
Speaker 2: And those names, did it seo? You popped up?

1061
00:47:51,080 --> 00:47:51,439
Speaker 3: Oh yeah.

1062
00:47:51,520 --> 00:47:54,040
Speaker 2: On October first, twenty sixteen, Adam Joinder sends a new

1063
00:47:54,120 --> 00:47:57,200
Speaker 2: update to his Asian investors, specifically tells them, we agreed

1064
00:47:57,200 --> 00:48:00,680
Speaker 2: to terms verbally yesterday with Gueramo del Toro and his agent.

1065
00:48:01,200 --> 00:48:04,600
Speaker 2: This was another the one he told to by himself

1066
00:48:04,640 --> 00:48:07,400
Speaker 2: some time so months past. No new deals are announced.

1067
00:48:07,440 --> 00:48:09,600
Speaker 2: He's still trying to like get Don Murphy to make

1068
00:48:09,640 --> 00:48:12,840
Speaker 2: this happen. No director signs onto the project. Don Murphy's

1069
00:48:12,840 --> 00:48:15,040
Speaker 2: got his money, but it ain't nothing happening. So his

1070
00:48:15,120 --> 00:48:18,000
Speaker 2: investors grow anxious. Joinner decides to up the wattage of

1071
00:48:18,040 --> 00:48:21,239
Speaker 2: the star power. He brings him Bradley Cooper and Steven Spielberg.

1072
00:48:21,440 --> 00:48:24,440
Speaker 2: He says he's shopping the project to Spielberg's company Ambulance,

1073
00:48:24,480 --> 00:48:27,120
Speaker 2: and it looks like Steven is talking about bringing Bradley aboard.

1074
00:48:27,320 --> 00:48:29,200
Speaker 2: Of course, you know, Bradley Cooper, not Brad Pitt. You know,

1075
00:48:29,280 --> 00:48:31,840
Speaker 2: want to keep your Brad speck. So the Joiner informs

1076
00:48:31,840 --> 00:48:34,840
Speaker 2: his investors what this all means he'll need to cancel

1077
00:48:34,920 --> 00:48:37,279
Speaker 2: their Netflix deal so they can jump to Universal in

1078
00:48:37,280 --> 00:48:41,040
Speaker 2: Spielberg's company. Then he sends over a new memorandum of understanding,

1079
00:48:41,080 --> 00:48:43,080
Speaker 2: so that way there's paper. The truth is there's no

1080
00:48:43,160 --> 00:48:45,840
Speaker 2: deal with Spielberg, not in place, not in distribution, not

1081
00:48:45,880 --> 00:48:48,440
Speaker 2: in the wind, not in talks, nothing, Just like in reality,

1082
00:48:48,440 --> 00:48:50,759
Speaker 2: there's no Netflix deal, and now there's no longer even

1083
00:48:50,800 --> 00:48:54,040
Speaker 2: an imaginary Netflix deal, so there's just nothing. So this

1084
00:48:54,080 --> 00:48:56,440
Speaker 2: is a problem for his Asian investors. They want their

1085
00:48:56,480 --> 00:48:59,040
Speaker 2: money back, so that's gonna be difficult unless they want

1086
00:48:59,040 --> 00:49:01,160
Speaker 2: a beach house in California. Yeah, so what are you

1087
00:49:01,160 --> 00:49:03,440
Speaker 2: gonna do? Joinder goes for broke. He turns around and

1088
00:49:03,440 --> 00:49:05,799
Speaker 2: he asks for more money. He's like, you want your

1089
00:49:05,800 --> 00:49:07,640
Speaker 2: money back. I want more money from you, and they're

1090
00:49:07,719 --> 00:49:11,440
Speaker 2: like what he He must be onto something. There's no

1091
00:49:11,560 --> 00:49:14,839
Speaker 2: way money could ask us for money if they were

1092
00:49:14,880 --> 00:49:17,960
Speaker 2: counting us, who would do that, Elizabeth, that's the move.

1093
00:49:18,000 --> 00:49:20,120
Speaker 2: Apparently for these guys, it's like when in doubt ask

1094
00:49:20,200 --> 00:49:22,040
Speaker 2: for more money. Yeah, and it keeps them off their toes.

1095
00:49:22,080 --> 00:49:24,200
Speaker 2: Business people are like, what does he No, I don't

1096
00:49:24,239 --> 00:49:27,960
Speaker 2: know what's going on anyway, Carl rent his play works

1097
00:49:28,040 --> 00:49:31,920
Speaker 2: just like for this guy, boldness strikes and Kip transfers

1098
00:49:31,960 --> 00:49:34,120
Speaker 2: the second half of their eight million investments. So now

1099
00:49:34,120 --> 00:49:37,480
Speaker 2: he's got all the Asian investors' money that's been contractually obligated.

1100
00:49:37,760 --> 00:49:40,919
Speaker 2: So this at this point January eleventh, twenty seventeen, he's

1101
00:49:40,920 --> 00:49:43,760
Speaker 2: got the extra four million. Two days later, he transfers

1102
00:49:43,800 --> 00:49:46,279
Speaker 2: that to his business account. He's like, whoo and that

1103
00:49:46,360 --> 00:49:49,279
Speaker 2: goes to me. Now he hasn't told his business partners this,

1104
00:49:49,360 --> 00:49:52,520
Speaker 2: but he's starting a second project now, so he the

1105
00:49:52,600 --> 00:49:55,560
Speaker 2: second project, get this is called stock Car Willie. And

1106
00:49:55,600 --> 00:49:58,320
Speaker 2: there's no way you'll guess this, but according to I MDB,

1107
00:49:58,640 --> 00:50:02,000
Speaker 2: the film is about an African American driver who turns

1108
00:50:02,040 --> 00:50:06,960
Speaker 2: the world of NASCAR upside down. Willick Car Willie. Okay,

1109
00:50:07,560 --> 00:50:11,200
Speaker 2: steamboat Willie. But I don't know that there is a

1110
00:50:11,239 --> 00:50:14,239
Speaker 2: real life black NASCAR and f one driver whose name

1111
00:50:14,280 --> 00:50:17,719
Speaker 2: is Willie t Rips. I assume that's who this must be,

1112
00:50:17,920 --> 00:50:20,600
Speaker 2: or maybe it's a fictional tale of a black NASCAR driver,

1113
00:50:20,840 --> 00:50:22,280
Speaker 2: like you know, talented, nice.

1114
00:50:22,120 --> 00:50:25,239
Speaker 3: Style, magical driver, magical, oh man.

1115
00:50:25,480 --> 00:50:27,399
Speaker 2: But I find it interesting that this project is where

1116
00:50:27,400 --> 00:50:29,960
Speaker 2: he wants to invest his Asian investors money without their consent.

1117
00:50:30,120 --> 00:50:32,759
Speaker 2: I'm like, that's not going to game on it.

1118
00:50:33,880 --> 00:50:35,719
Speaker 3: Honestly, where does he think this is all going to go?

1119
00:50:35,960 --> 00:50:38,879
Speaker 2: I do not know. It's the wildest Why I sat

1120
00:50:38,920 --> 00:50:41,080
Speaker 2: there in court behind him, that was the only question

1121
00:50:41,120 --> 00:50:42,840
Speaker 2: I was burning into the back of his head, was like,

1122
00:50:42,880 --> 00:50:45,239
Speaker 2: what was your play man? How did you think it

1123
00:50:45,320 --> 00:50:47,040
Speaker 2: was going to end How you didn't think it was

1124
00:50:47,080 --> 00:50:49,480
Speaker 2: going to end here? You didn't get yourself a good lawyer,

1125
00:50:49,480 --> 00:50:52,920
Speaker 2: so you didn't save money for that? So what happened anyway? Meanwhile,

1126
00:50:53,000 --> 00:50:55,799
Speaker 2: no news from Don Murphy. That's bad now his his

1127
00:50:56,000 --> 00:50:59,279
Speaker 2: name producer is not bringing in any names. So the

1128
00:50:59,280 --> 00:51:02,800
Speaker 2: foreign investors finally lose their patients. The email Joiner demanding

1129
00:51:02,800 --> 00:51:05,000
Speaker 2: proof of where their money is and they want notarized

1130
00:51:05,040 --> 00:51:07,960
Speaker 2: bank statements. Joiner does as requested. He sends them a

1131
00:51:08,040 --> 00:51:12,520
Speaker 2: forged notarized monthly bank statement in his falsified docket shows

1132
00:51:12,520 --> 00:51:15,440
Speaker 2: that his business account has eleven zero point eight million

1133
00:51:15,480 --> 00:51:17,479
Speaker 2: dollars and he's like, yeah, there it is the true

1134
00:51:17,480 --> 00:51:22,200
Speaker 2: amount in the account, thirty two six eight pots. So

1135
00:51:22,280 --> 00:51:24,799
Speaker 2: on March thirty first, Joiner sends in his investors the

1136
00:51:24,800 --> 00:51:28,399
Speaker 2: bad news we lost Bradley Cooper. Oh no, so yeah.

1137
00:51:28,440 --> 00:51:32,120
Speaker 2: He cites quote internal politics with Universal ambling, you know,

1138
00:51:32,600 --> 00:51:35,359
Speaker 2: and says things went badly after quote Bradley Cooper turned

1139
00:51:35,360 --> 00:51:38,240
Speaker 2: down the agreement of the Universal Universal decided to refuse

1140
00:51:38,280 --> 00:51:40,560
Speaker 2: pay miss d ambling. It's the whole thing, man.

1141
00:51:40,600 --> 00:51:42,080
Speaker 3: What if Bradley Cooper finds.

1142
00:51:41,840 --> 00:51:43,640
Speaker 2: Out I know, that's it tears it his in. Foreign

1143
00:51:43,640 --> 00:51:45,680
Speaker 2: investors they come for their money. They're like, look, man,

1144
00:51:45,760 --> 00:51:49,560
Speaker 2: hands out. And on April twenty six, twenty seventeen, lawyers

1145
00:51:49,560 --> 00:51:52,600
Speaker 2: in the United States, representing the Chinese investment firm Star

1146
00:51:52,680 --> 00:51:55,680
Speaker 2: Century and then PGA Young Park Capital, they file a

1147
00:51:55,719 --> 00:51:58,279
Speaker 2: lawsuit in the La Superior Courthouse in Torrance. They're like,

1148
00:51:58,320 --> 00:52:00,120
Speaker 2: we can reach you, we can touch you. By we

1149
00:52:00,239 --> 00:52:03,000
Speaker 2: got lawyers, so they demand that they demand the new

1150
00:52:03,040 --> 00:52:05,640
Speaker 2: Manhattan Beach House because they also have forensic accountants. They

1151
00:52:05,680 --> 00:52:06,680
Speaker 2: found out where the money went.

1152
00:52:06,880 --> 00:52:09,000
Speaker 3: All the wife's Lulu Lemmons exactly.

1153
00:52:09,239 --> 00:52:12,480
Speaker 2: So Jones tries to fight the lawsuit in court. Six

1154
00:52:12,520 --> 00:52:15,200
Speaker 2: months of infighting, then the judge orders the sheriff to

1155
00:52:15,200 --> 00:52:19,040
Speaker 2: auction off the house, so Beach House gets sold. The investors. Meanwhile,

1156
00:52:19,040 --> 00:52:21,239
Speaker 2: they contact Don Murphy. They're like, we hear you got

1157
00:52:21,280 --> 00:52:22,920
Speaker 2: one point two million of our money. He's like, who

1158
00:52:22,960 --> 00:52:25,239
Speaker 2: are you people? What are you talking about? He has

1159
00:52:25,280 --> 00:52:27,399
Speaker 2: no idea, he's never heard about that because he's never

1160
00:52:27,440 --> 00:52:29,640
Speaker 2: been pitched to any of this. Right too, He's at this

1161
00:52:29,680 --> 00:52:32,120
Speaker 2: point received two hundred grand from the promise one point

1162
00:52:32,160 --> 00:52:35,080
Speaker 2: two million. Yeah, the investors determined that Joiner had transferred

1163
00:52:35,080 --> 00:52:37,440
Speaker 2: four under grant of that back to himself, so he

1164
00:52:37,440 --> 00:52:41,360
Speaker 2: had also been conning. Don Murphy apparently entered the FBI. Yeah.

1165
00:52:41,520 --> 00:52:46,000
Speaker 2: July eighteen, FBI surveils the Manhattan Beach dream House. They're

1166
00:52:46,040 --> 00:52:48,320
Speaker 2: looking for him. They're like, where is this Joiner? Agents

1167
00:52:48,360 --> 00:52:50,200
Speaker 2: contact Don Murphy, like, when's the last time you talked

1168
00:52:50,200 --> 00:52:53,200
Speaker 2: to Joiner? They contact Netflix if you talk to Joiner,

1169
00:52:53,400 --> 00:52:55,279
Speaker 2: who's the and they ask all the questions. They're like,

1170
00:52:55,320 --> 00:52:56,960
Speaker 2: we don't know this guy, We've never heard of them.

1171
00:52:57,239 --> 00:53:00,800
Speaker 2: They contact Steven Spielberg's ambulance, they contact Brad Cooper's wraps,

1172
00:53:00,800 --> 00:53:02,960
Speaker 2: they contact everybody. Everyone's like who.

1173
00:53:03,080 --> 00:53:03,680
Speaker 3: Yeah.

1174
00:53:03,840 --> 00:53:06,640
Speaker 2: August twenty seventh, FBI returns to the beach house to

1175
00:53:06,760 --> 00:53:09,200
Speaker 2: arrest Adam Joyner. They have all their ducks in a row.

1176
00:53:09,239 --> 00:53:11,600
Speaker 2: Now he's away on vacation with his family. Perhaps he

1177
00:53:11,640 --> 00:53:14,560
Speaker 2: wanted one last long look at freedom before he spend

1178
00:53:14,600 --> 00:53:17,279
Speaker 2: the rest of his life in federal prison. Anyway, he

1179
00:53:17,400 --> 00:53:19,719
Speaker 2: contacts the FBI after he hears that they're looking for

1180
00:53:19,800 --> 00:53:22,520
Speaker 2: him via his lawyers, and he arranges his owner arrest.

1181
00:53:22,840 --> 00:53:25,319
Speaker 2: He promises that he'll surrender himself just as soon as

1182
00:53:25,320 --> 00:53:28,600
Speaker 2: he's back from vacation. This is the only promise he kicks.

1183
00:53:28,640 --> 00:53:31,560
Speaker 2: He does surrender himself. Yeah. So, now did he really

1184
00:53:31,560 --> 00:53:33,640
Speaker 2: think he could sit in his ill gotten beach house

1185
00:53:33,680 --> 00:53:36,600
Speaker 2: and just be like telling his overseas investors come at me, bro.

1186
00:53:36,760 --> 00:53:38,839
Speaker 3: Yeah, I mean, like that's what I think is gonna happen.

1187
00:53:38,880 --> 00:53:40,719
Speaker 2: Yeah, that was his approach. He really was like, look,

1188
00:53:40,880 --> 00:53:43,600
Speaker 2: we're done, you guys are this is done. This is over.

1189
00:53:43,640 --> 00:53:46,200
Speaker 2: He sent them emails of like, don't contact don Murphy anymore.

1190
00:53:46,239 --> 00:53:48,719
Speaker 2: I heard you contacted. Don't do that. This is over.

1191
00:53:48,840 --> 00:53:50,200
Speaker 2: I don't even want to deal with you guys. And

1192
00:53:50,239 --> 00:53:52,440
Speaker 2: he's like, they're like, you have our money, bro, He's like,

1193
00:53:52,960 --> 00:53:56,040
Speaker 2: you know what, that's not the issue. So anyway, Oh,

1194
00:53:56,080 --> 00:53:58,680
Speaker 2: by the way, he eventually entered a guilty plea in

1195
00:53:58,719 --> 00:54:01,280
Speaker 2: federal courthouse when I was there, and he was sentenced

1196
00:54:01,320 --> 00:54:04,600
Speaker 2: to eight years in federal prisonikes. Yeah, so see your

1197
00:54:04,600 --> 00:54:07,120
Speaker 2: girls cook them in the years. Yeah, Adam join your

1198
00:54:07,120 --> 00:54:09,440
Speaker 2: story proves the point. If you're in the US, if

1199
00:54:09,520 --> 00:54:11,880
Speaker 2: you steal fourteen dollars worth of food, the cops they

1200
00:54:11,880 --> 00:54:13,799
Speaker 2: may shoot you. Don't do that right, Yeah, but if

1201
00:54:13,800 --> 00:54:17,720
Speaker 2: you steal fourteen million dollars, a US attorney will contact

1202
00:54:17,800 --> 00:54:19,319
Speaker 2: you and they ask you to turn yourself in and

1203
00:54:19,320 --> 00:54:21,839
Speaker 2: then you can arrange if you want, you get back

1204
00:54:21,840 --> 00:54:23,719
Speaker 2: from vacation. That's how you do it. So remember, kids,

1205
00:54:23,719 --> 00:54:27,200
Speaker 2: if you can steal, steal big anyway, that's our That's it.

1206
00:54:27,239 --> 00:54:29,640
Speaker 2: That's all I got for you. What's our ridiculous takeaway? Elizabeth,

1207
00:54:30,840 --> 00:54:34,840
Speaker 2: I tell you get stupid with it right exactly as alway.

1208
00:54:34,880 --> 00:54:37,840
Speaker 2: You can find us online Ridiculous Crime on Twitter, that

1209
00:54:38,280 --> 00:54:42,000
Speaker 2: x whatever, Instagram threads, at Jamama's house. We have a

1210
00:54:42,040 --> 00:54:44,600
Speaker 2: website ridiculous Crime dot com. We also like your talk

1211
00:54:44,719 --> 00:54:47,880
Speaker 2: facts emails if you want at ridiculous Crime at gmail

1212
00:54:47,960 --> 00:54:50,759
Speaker 2: dot com. Thanks for listening, Catch you next crime, y'all.

1213
00:54:56,320 --> 00:54:59,360
Speaker 2: Ridiculous Crime is hosted by Elizabeth Dutton and Zaren Burnettes,

1214
00:54:59,600 --> 00:55:02,600
Speaker 2: produce and edited by the Steven Spielberg. To our Bradley

1215
00:55:02,640 --> 00:55:06,000
Speaker 2: Cooper Dave Cousten. Research is by Marissa Can we get

1216
00:55:06,040 --> 00:55:09,520
Speaker 2: a grant for our documentary? Brown and Andrea? I think

1217
00:55:09,560 --> 00:55:12,799
Speaker 2: my German investors will love this song. Sharpen Tear. Our

1218
00:55:12,880 --> 00:55:14,960
Speaker 2: theme song is by Thomas. I got a group of

1219
00:55:15,040 --> 00:55:18,040
Speaker 2: dentists in Toledo who want to invest, Lee and Travis.

1220
00:55:18,120 --> 00:55:20,200
Speaker 2: I have a bunch of p diiatrist from Pasadena looking

1221
00:55:20,200 --> 00:55:23,319
Speaker 2: for a film project. Dutton. The host wardrobe provided by

1222
00:55:23,320 --> 00:55:26,759
Speaker 2: Botany five hundred. Executive producers are ben Cecil b De

1223
00:55:27,080 --> 00:55:30,520
Speaker 2: Bolan and Noel Always bet On Brown.

1224
00:55:37,480 --> 00:55:39,600
Speaker 3: Why Say It One More Time?

1225
00:55:40,080 --> 00:55:40,279
Speaker 1: Gee?

1226
00:55:40,960 --> 00:55:41,240
Speaker 3: Crime?

1227
00:55:42,360 --> 00:55:45,719
Speaker 1: Ridiculous Crime is a production of iHeartRadio four more podcasts

1228
00:55:45,840 --> 00:55:49,000
Speaker 1: my Heart Radio visit the iHeartRadio app, Apple Podcasts, or

1229
00:55:49,000 --> 00:55:50,800
Speaker 1: wherever you listen to your favorite shows.