The filmmaker of “47 Ronin” was detained on suspicion of defrauding Netflix of $11 million that he spent on cryptocurrency, a collection of Rolls-Royces, and a Ferrari.

A Hollywood writer-director was taken into custody on Tuesday on allegations that he embezzled $11 million from Netflix for a science fiction series that never aired, using the money for cryptocurrency investments and a string of extravagant acquisitions that included a Ferrari and a fleet of Rolls-Royces.   Perhaps best…

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The University of Pennsylvania is losing $175 million in federal funding as a result of Trump’s decision to permit a transgender athlete to compete in its swimming program.

The White House said on Wednesday that the Trump administration had halted almost $175 million in federal funding for the University of Pennsylvania because of a transgender athlete’s involvement in the school’s swimming team.   The Ivy League institution has been the subject of an investigation by the Education Department…

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Leonardo DiCaprio’s onetime art adviser cheated clients out of $6.5 million to pay for a $25,000-a-month apartment, shopping sprees, and luxury hotels

A New York art adviser who once counted actor Leonardo DiCaprio among her wealthy patrons was sentenced Wednesday to 30 months in federal prison after admitting to cheating clients out of $6.5 million in connection with the sale of 55 works of art. Lisa Schiff sobbed as she turned to her former friends and…

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