A Los Angeles-area actor has been sentenced to 20 years in prison following a $650 million ponzi scheme involving licensing deals, USA Today reports.

Between 2014 to 2019, prosecutors say 35-year-old Zachary Horwitz used his film company 1inMM Capital LLC to amass money for distribution rights to movies that he said would then be licensed to the world’s biggest streaming services. He ultimately raised $650 million, and has since been ordered to pay back over $230.3 million.