Another moviepass exec pleads guilty to fraud – Breaking News & Latest Updates 2026
Skip to main content
The homepageThe VergeThe Verge logo.
The homepageThe VergeThe Verge logo.
Posted
J
External Link
Jay Peters
Another former MoviePass exec pleads guilty to fraud.

Theodore Farnsworth, the former chairman and CEO of MoviePass’ parent company, “pleaded guilty to one count of securities fraud and one count of conspiracy to commit securities fraud,” according to a DOJ press release.

Ex-MoviePass CEO Mitch Lowe pleaded guilty to securities fraud in September.

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Comments
Loading comments
Getting the conversation ready...

Most Popular

Most Popular
  1. Apple agrees to pay iPhone owners $250 million for not delivering AI Siri
  2. Here’s what Microsoft is offering long-serving employees to voluntarily retire
  3. Valve just imported 50 tons of game consoles in two days
  4. Google’s AI architect lived rent-free in Elon Musk’s head
  5. The Remarkable Paper Pure is the best digital notepad I’ve ever used

More in News

Mira Murati tells the court that she couldn’t trust Sam Altman’s wordsMira Murati tells the court that she couldn’t trust Sam Altman’s words
Native Instruments Komplete 26 adds weird new synths and experimental piano soundsNative Instruments Komplete 26 adds weird new synths and experimental piano sounds
This slim ice cream maker could fit in my already crowded kitchenThis slim ice cream maker could fit in my already crowded kitchen
Live updates from Musk v. AltmanLive updates from Musk v. Altman
Elizabeth Lopatto and Hayden Field
Xbox changes continue with new console boot animationXbox changes continue with new console boot animation
Google’s AI search summaries will now quote RedditGoogle’s AI search summaries will now quote Reddit

Top Stories