LA man found guilty of scamming investors, Hollywood stars out of over $20 million to fuel lavish lifestyle
Fox News
Bernhard Eugen Fritsch, 63, was found guilty by a jury on one count of wire fraud for a financial scheme that allegedly scammed Hollywood stars, according to the Department of Justice.
Fritsch, 63, was found guilty by a jury on Thursday of one count of wire fraud after it was revealed that he lied to investors about the financial success and future potential of his tech company, according to the Department of Justice. Stephanie Giang-Paunon is an Entertainment Writer for Fox News Digital. Story tips can be sent to stephanie.giang@fox.com and on Twitter: @SGiangPaunon.
He falsely promised that the company’s app, StarSite, would help celebrities and social media influencers monetize their brand endorsements.
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