The former chairman and CEO of now-defunct Helios & Matheson Analytics Inc., the parent of MoviePass Inc., was arrested in New York on Wednesday after prosecutors said he failed to comply with bond conditions.
Theodore Farnsworth was charged with securities and wire fraud in November 2022, with a trial set to begin in the US District Court for the Southern District of Florida on September 9.
Following his initial arrest, he was released on a $1 million bond, with special conditions. Among other things, Farnsworth was required to notify his probation officer of his whereabouts and travels, but failed to ...
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