Tag: moviepass
Former MoviePass CEO Pleads Guilty to Fraud, Faces Up to 25 Years in Prison
Ted Farnsworth, the former CEO of MoviePass and guy who had the bright idea to charge $9.95 per month for unlimited film screenings, has admitted to defrauding investors in the subscription company. According to the Department of Justice, Farnsworth pleaded guilty to one count of securities fraud and one count of conspiracy to commit securities
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