Former MoviePass CEO Pleads Guilty to Securities Fraud

Mădălina Grigore

Photo: Andrew Harrer/Bloomberg via Getty Images Theodore Farnsworth, ex-CEO of Helios & Matheson Analytics (the parent company of MoviePass), pleaded guilty in federal court today of defrauding investors. According to Deadline , Farnsworth pleaded guilty to defrauding and conspiring to defraud investors in two publicly traded companies — MoviePass and Vinco Ventures — as well as lying about the capabilities of AI. Principal Deputy Assistant Attorney General Brent S. Wible made a statement

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