1inMM Capital Securities Fraud Investigation
Girard Sharp is investigating reports of a fraudulent scheme perpetrated by a group of individuals and entities centered on Los Angeles-based actor Zachary Horwitz and his company, 1inMM Capital, LLC.
We allege that 1inMM and its agents and coconspirators raised over $690 million from investors based on false representations that the company was buying film distribution rights, allegedly for resale to Netflix and HBO.
If you invested in 1inMM Capital directly, or through Associated Funds like JJMT, LLC, you may have a claim for relief.
Protect your rights by speaking with a Girard Sharp investment fraud attorney—dial (866) 981-4800 or submit your information below.
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More Information on the 1inMM Capital Investigation
We allege that Zachary Horwitz and 1inMM duped investors by falsely claiming they were selling film rights to Netflix and HBO at a high profit. Horwitz and his company allegedly manufactured fake emails and agreements with the streaming companies.
On April 5, 2021, Horwitz was arrested by federal agents for allegedly violating securities laws. On April 20, 2021, Girard Sharp filed its complaint alleging that Horwitz and 1inMM promised investors high returns on low-risk investments in film rights but, in Ponzi-like fashion, used new investments to pay returns to existing investors who believed that the funds derived from film deals.
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We have recovered over a billion dollars for our clients against some of the nation’s largest corporations, such as Raymond James, Peregrine Financial Group, and OppenheimerFunds, in cases arising from securities fraud, false advertising and other unfair business practices.
For a free consultation about your potential claims, contact one of our investment fraud attorneys at (866) 981-4800 or by filling out the form above.