oviePass Director And Shareholder Accused Of Defrauding InvestorsMoviePass Shareholder Accused Of Defrauding Investors Many wonder if the movie-theater subscription service and its parent company, Helios and Matheson Analytics, can survive. Their monthly losses have risen to $45 million. Now, questions about one of its directors and major shareholders are making the rounds. Muralikrishna Gadiyaram is CEO of HMNY's former Indian parent company. Gadiyaram’s financial situation in India is so terrible the government has frozen his bank accounts. Due to fraud accusations, the company of which he is CEO was court ordered to liquidate its assets. So what does this mean for MoviePass subscribers? That's uncertain. But at best, the revelation further taints MoviePass's reputation, frightening investors. At worst, members will have to wait and see.
