Carl Erik Rinsch, known for directing the film "47 Ronin," is charged with wire fraud and money laundering for allegedly spending millions meant to fund a Netflix sci-fi series.

Carl Rinsch, a director, is accused of defrauding Netflix out of $11 million and failing to complete the sci-fi series 'White Horse.'

Film director Carl Erik Rinsch seems to have landed in hot water. He has been indicted by the Justice Department on the grounds of money laundering and fraud.