Massive Hollywood Ponzi scheme

This has mega magazine story written all over it. A little-known 34-year-old actor named Zach Avery was arrested 10 days ago for running a multi-million-dollar ponzi scheme that bilked people who naively thought they were investing in a movie (apparently he promised them 40 percent returns in some cases). Avery was just his stage name, his real name is Zach Horowitz.