Originally published at: Hollywood actor arrested in $227m ponzi scheme | Boing Boing
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On top of the ignomity of getting arrested for this, the guy also has to suffer this sick burn in the first line of the LA Time article:
Zachary J. Horwitz, a small-time actor, was arrested Tuesday in Los Angeles
Not “an actor.” Ouch.
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A fool and his money are soon parted, especially in Hollyweird.
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Man, stupid is so damn cheap.
Also, “investors”. 
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the water is deep here…
the french twist part… ‘to die for’… movie comes to mind
but not in a really big way…
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I think I’ve seen this film…
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He acted well enough for this, though. Greed is a powerful motivator. That’s probably how a con man like Madoff managed to fleece a few big-time thespians:
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This is still pocket change compared to the amount of money people lost to Bernie Madoff and Madoff’s IMDB page is even less impressive.
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A grifter must be adept at…
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These stories always make me wonder what the grifter’s long-term plan was. You’re using your own name and promising something the marks will expect you, eventually, to deliver. What then?
It reminds me of the list of cannabis-hiding strategies in the 70s classic A Child’s Garden of Grass (“The Official Handbook for Marijuana Users”). One strategy was “throwing it way up high”, which the book rated “excellent, for very short periods of time”.
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He stole from the wealthy, which means that the odds of him going to prison are pretty high.
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It’s a real shame, as he was my top pick to play a young Walter Peck in my Ghostbusters prequel.
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For a split second I saw that photo of him and thought “Ben Affleck is running a ponzi scheme??”
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See also: Johnny Walker Blue Label.
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If he doesn’t have an “unfortunate accident” before the trial.
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No doubt in my mind: That particular victims list greased the wheels of justice.
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I thought it WAS William Atherton at first, too.
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