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Who is Ted Farnsworth?
Theodore Joseph Farnsworth is an American financier and entrepreneur from Miami, Florida, United States. Here are 10 more things about him:
- He is a former chief executive officer of Helios & Matheson Analytics Inc. (HMNY), a publicly traded company based in Florida and New York, USA and the parent company of the movie subscription service MoviePass.
- Aside from Miami, he has lived in other parts of Florida including Boca Raton, Cocoa, Fort Lauderdale, Orlando and Titusville.
- He has lived in different parts of New York including Caroga Lake and Sprakers.
- On July 14, 2008, he attended the Purple Beverage Company celebration of the Major League Baseball‘s All Star Week at Pink Elephant in New York City, New York.
- From 2017 to 2020, he was chairman of MoviePass.
- From August 2017 through March 2019, he and his co-conspirators made materially false and misleading representations relating to the business and operations of HMNY and MoviePass to artificially inflate the price of HMNY stock and to attract new investors.
- He secretly controlled New York-based publicly traded company Vinco Ventures Inc., which raised $120 million between 2021 to 2023 for a purported media distribution platform.
- From November 2020 through September 2024, he and his co-conspirators defrauded investors in Vinco Ventures.
- Between at least January 2021 and April 2023, he secretly controlled Vinco Ventures in part through his control over certain the company’s officers and directors who were selected by him for their roles.
- In June 2025, he will turn 63.
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TIMELINE
2018
- Between January 2018 and April 2018, he knowingly approved false invoices that a former MoviePass executive submitted to HMNY and MoviePass, disguising bonus payments as services purportedly provided by an entity controlled by the former executive.
- On April 19, 2018, he attended A Night at The Roxy with MoviePass at The Roxy Hotel in New York City.
- On May 11, 2018, he attended the Cannes Film Festival in Cannes, France.
- On June 1, 2018, he attended the 2018 Greenwich International Film Festival in Greenwich, Connecticut, USA.
- On June 15, 2018, he attended the premiere of “Gotti” in New York.
2019
- On February 24, 2019, he attended the 27th annual Elton John AIDS Foundation Academy Awards viewing party in West Hollywood, California, USA.
- On February 27, 2019, he attended an intimate dinner at Delicious Raw restaurant in Miami Beach, Florida.
2020
- In 2020, he announced a three-film financing deal with Fortress Entertainment Group and Damascus Road Productions.
2021
- In January 2021, he co-founded Zash Global Media and Entertainment Corporation, which he intended to merge into Vinco Ventures.
2022
- In September 2022, the Securities and Exchange Commission charged him for making materially false or misleading statements concerning MoviePass and HMNY.
- On November 4, 2022, he was arrested and charged with securities and wire fraud.
2023
- In August 2023, his bond was revoked.
2024
- On December 23, 2024, the SEC filed a complaint against him.
- On December 30, 2024, the U.S. District Court for the Southern District of New York entered a consent judgment against him for defrauding investors in Vinco Ventures.
2025
- On January 7, 2025, he pleaded guilty to charges of defrauding and conspiring to defraud investors in two public companies.
