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On Monday, MoviePass ex-CEO Mitch Lowe pled guilty to securities fraud reports The Verge. With the plea, Lowe reportedly admits to making false representations about the sustainability of a $9.95 monthly plan that promised ‘unlimited’ access to movies in theaters. Lowe took over as CEO of MoviePass in 2016 and started allowing users to see […]
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MoviePass Ex-CEO Pleads Guilty To Fraud
On Monday, MoviePass ex-CEO Mitch Lowe pled guilty to securities fraud reports The Verge. With the plea, Lowe reportedly admits to making false representations about the sustainability of a $9.95 monthly plan that promised ‘unlimited’ access to movies in theaters. Lowe took over as CEO of MoviePass in 2016 and started allowing users to see