Learn English: MoviePass Boss Gets in Trouble (easy)

3 months, 2 weeks ago

MoviePass Boss Gets in Trouble

The boss of MoviePass, Mitch Lowe, has said he did something wrong with money.

He made MoviePass give people cheap tickets to watch movies, but the company didn't have enough money to keep doing that.

MoviePass and its parent company went broke in 2020 because of this.

Mitch Lowe could go to jail for up to five years.

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Source

Original: Business Insider

Tags

#MoviePass #Securities Fraud #Mitch Lowe #Bankruptcy #Business

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