Zach Avery Charged With Running Million Dollar Ponzi Scheme

Zach Avery convinced clients, to the tune of $227 million, that he had a deal with HBO and Netflix that would help net them speedy 35 percent returns, the S.E.C. said.Zach Avery convinced clients, to the tune of $227 million, that he had a deal with HBO and Netflix that would help net them speedy 35 percent returns, the S.E.C. said.Read MoreMovies, Securities and Commodities Violations, Ponzi and Pyramid Schemes

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