LA Businessman Convicted of $20M Scam: Hollywood Stars and Investors Duped to Fund Luxurious Lifestyle
2025-04-05
Fox News
In a shocking turn of events, Bernhard Eugen Fritsch, founder and CEO of StarClub Inc., has been found guilty of an elaborate scam that duped Hollywood stars and investors out of over $20 million. The funds were used to fuel his extravagant lifestyle, complete with high-end amenities and luxuries. This high-profile case highlights the dangers of investment scams and the importance of due diligence. With the rise of online investment platforms and financial fraud, it's essential for investors to be cautious and do their research. Fritsch's conviction serves as a warning to those who would seek to exploit others for personal gain.
