Jay Clayton

“Then-U.S. Attorney Jay Clayton called it “clear insider trading.””

“‘Today’s sentence sends a deterrent message: fraud will not be tolerated.’”

“seeking $11 million from a subscription streaming service”

“the still Jay Clayton-run SDNY had wanted to see Rinsch get a minimum of 60 months, or just over five years, for his crimes.”

““Carl Erik Rinsch orchestrated a scheme to steal millions by seeking $11 million from a subscription streaming service, falsely claiming that money would be used to finance a television show that he …”

“In a statement following the sentencing, U.S. Attorney for the Southern District of New York Jay Clayton said, “Carl Erik Rinsch orchestrated a scheme to steal millions by seeking $11 million from a …”