As if things weren’t bad enough, MoviePass’ parent company is now under investigation for fraud

MoviePass New York investigation

The headlines coming out of the struggling movie subscription service MoviePass in recent months have been a confusing assortment of tweaks to its plan terms, as well as financial moves behind the scenes to compensate for massive losses and subscriber churn. It's all contributed to the story of a company in distress -- of a company on death watch, even, depending on who you ask -- and now comes even more bad news: New York Attorney General Barbara Underwood has reportedly opened a fraud investigation into Helios and Matheson, MoviePass' parent company.

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As if things weren’t bad enough, MoviePass’ parent company is now under investigation for fraud originally appeared on BGR.com on Thu, 18 Oct 2018 at 16:01:18 EDT. Please see our terms for use of feeds.

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