Hollywood director charged with defrauding $11m from Netflix

Hollywood director David M. Badders has been charged with defrauding Netflix of approximately $11 million through a fraudulent scheme involving fake film and television productions. The allegations include creating fictitious invoices and submitting them for payment, falsely claiming to have worked on various projects for the streaming giant. Badders reportedly recruited multiple accomplices to aid in the deception, which spanned several months.

The case was brought to light following an investigation by federal authorities that uncovered the elaborate scam. If convicted, Badders faces significant prison time, as well as potential restitution payments to Netflix. This incident raises serious concerns about financial fraud within the entertainment industry and underscores the importance of rigorous checks and balances in production financing.