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Ray William Johnson

๐Ÿ‘ค Speaker
2284 total appearances

Appearances Over Time

Podcast Appearances

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

In fact, he gets so crazy that eventually Gabriella, some of Carl's family members, and other crew members all get together and they stage an intervention, which apparently ends up not working at all.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

So anyway, more time passes, and it's now 2020.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

And by this point, Netflix has already put in $44.3 million into Carl's project.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

But despite that, somehow, Carl's production is out of money.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

I'm guessing they spent it all on production costs and stuff.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

So he has to go back to the Netflix execs and ask for more.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

And they initially say no, but Carl tells them that if they don't give him more, that he can't finish the project at all.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

So Netflix kind of has no choice.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

They don't want their investment to go to waste.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

So they wire him $11 million more dollars.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

Now, at this point, Carl could try and finish up his production and maybe make Netflix a cool sci-fi show and maybe he'll become the successful Hollywood director that he's always wanted to be.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

But that's not what Carl does.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

Instead, he takes that $11 million Netflix sent him and he transfers it to his personal stock trading account and he starts trading options and like going all in, making extremely risky trades.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

And within just a couple of weeks, of that $11 million Netflix gave him, he loses $5.9 million of it.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

Oh no, but he's not done yet.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

Then he moves the remaining money into a cryptocurrency trading account, and he buys millions of dollars worth of a meme coin that you've probably heard of called Dogecoin.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

Here's the crazy thing though.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

This gamble actually pays off.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

Dogecoin spikes and the $4 million that he put in shoots up to $27 million.

Ray William Johnson: True Story Podcast
He Stole Millions... From Netflix - The Carl Rinsch Story

Crazy lucky bastard over here.