Thursday (August 4, 2022) the hit ABC series “The Con” returns tonight with an all-new episode
The Con Tonight “The Hollywood Mogul Con”
The 2018 case of Zach Horowitz, aka Zach Avery, a 28-year-old actor who unleashed a Ponzi scheme on the film industry. He raised more than $690 million from “five principal investors” using legally binding debt agreements in the form of promissory notes. Horowitz started soliciting money from investors on behalf of 1inMM Productions, his film production company, which was backed by fake distribution deals and the fake rights agreements.
Emmy, Grammy, Tony and Oscar winner Whoopi Goldberg narrates this series exploring the troubling tales of people taken in by claims and promises that proved too good to be true, from identity fraud and misleading romance to the high-profile college admission scandal and Fyre Festival. It reveals how the victims were fooled and shows the cost of their false trust — emotional and financial. Featuring interviews with the key people caught up in the cons, including victims and eyewitnesses, and, in some cases, law enforcement and the perpetrators themselves.