Theodore Farnsworth and J. Mitchell Lowe both pled guilty to Securities & Wire Fraud for deceiving investors about the profits and sustainability of the $9.95/mo "Unlimited" Moviepass plan.
#moviepass #Fraud #Guilty
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00:00 - DoJ Press Release
03:05 - Leonard Thoughts
04:46 - The Indictment
13:58 - Fraudulent Tactics to Reduce Usage
18:31 - Sentencing later this year
19:00 - Leonard Thoughts
