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MoviePass Ex-Chief Pleads Guilty To Fraud Over 'Unlimited' Cinema Scheme

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    By msmashJan 8, 2025, 11:01 am345 pts
    photo of MoviePass Ex-Chief Pleads Guilty To Fraud Over 'Unlimited' Cinema Scheme imageFormer MoviePass CEO Theodore Farnsworth has pleaded guilty to securities fraud and conspiracy charges for misleading investors about the movie subscription service's "unlimited plan" and its parent company's capabilities, U.S. prosecutors said. Farnsworth falsely claimed the $9.95 monthly unlimited movie plan…
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