Chairman and CEO of MoviePass’ Parent Company Pleads Guilty …
Jan 7, 2025 · In addition to the fraud scheme related to HMNY and MoviePass, Farnsworth conspired with others to unjustly enrich themselves by falsely inflating the price of Vinco stock. Specifically, Farnsworth and his co-conspirators concealed from investors the true facts relating to the business and diverted the proceeds of the conspiracy for their ...
Former CEO of MoviePass’ parent company pleads guilty to fraud …
Jan 8, 2025 · The former chief executive of the parent company of MoviePass, Theodore Farnsworth, pleaded guilty to charges of securities fraud and conspiracy after being accused of misleading investors...
Former MoviePass executives face fraud charges - CNN
Nov 6, 2022 · MoviePass’s former CEO and the leader of its former parent company have been indicted on securities fraud charges for deceiving investors on the sustainability and profitability of the...
Ted Farnsworth Pleads Guilty to Defrauding MoviePass, Vinco …
Jan 7, 2025 · Ted Farnsworth pleaded guilty on Tuesday to defrauding investors in the movie-ticket subscription service MoviePass, the US Department of Justice announced. He bought the company in 2017 while...
MoviePass' former CEO just pleaded guilty to fraud over its …
Jan 8, 2025 · Federal prosecutors accused Farnsworth of attempting to defraud investors in MoviePass’s parent company, Helios & Matheson Analytics, and Vinco Ventures, a public company that promised to build a...
Former CEO of MoviePass’ parent company faces up to 25 years …
Jan 8, 2025 · New York (CNN) — The former chief executive of MoviePass’ parent company has pleaded guilty to charges of security fraud and conspiracy and could face up to 25 years in prison. Theodore ...
Ex-MoviePass Executive Farnsworth Admits Guilt in Securities Fraud ...
Jan 7, 2025 · Ted Farnsworth pleaded guilty to defrauding investors, admitting to his role in MoviePass' ill-fated $9.95-a-month subscription plan.
FTC Finalizes Settlement with Operators of MoviePass Related to ...
The Federal Trade Commission has given final approval to a settlement with the operators of MoviePass over allegations they took steps to block subscribers from using the service as advertised, while also failing to secure subscribers’ personal data.
Former MoviePass executives hit with criminal fraud charges
Nov 6, 2022 · An indictment unsealed on Friday criminally charged Theodore Farnsworth, the former CEO of Helios and Matheson, and Mitchell Lowe, the former CEO of MoviePass, with one count each of...
Former MoviePass CEO admits the $9.95 ‘unlimited’ ticket scheme was fraud
Sep 17, 2024 · MoviePass ex-CEO Mitch Lowe pleaded guilty to securities fraud on Monday over his involvement in a scheme to mislead investors, as reported earlier by Variety and The Hollywood Reporter.