MoviePass CEO faces prison after defrauding investors 

Smug fraudster and MoviePass mastermind Ted Farnsworth finally faces justice after years of exploiting investors' dreams – but his potential 25-year sentence feels light for someone who made a career of destroying trust and retirement accounts.

The 62-year-old serial scammer, who cringingly describes himself as a "financier, entrepreneur, and consummate disrupter" pleaded guilty this week to brazenly defrauding investors not once, but twice – first through MoviePass's infamous "$9.95 unlimited movies" scheme, then astonishingly repeating his con at Vinco Ventures after that company inexplicably hired him as CEO in 2022. — Read the rest

The post MoviePass CEO faces prison after defrauding investors  appeared first on Boing Boing.