Latest / Scam Goddess / Fraud Friday: The Pristine Ponzi Scheme w/ Matt Walsh

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Fraud Friday: The Pristine Ponzi Scheme w/ Matt Walsh · Scam Goddess

• 0:00
  Speaker 1: What's popin, congregation is your girl Lacey Mosley aka Scam Goddess.
• 0:05
  Speaker 1: Welcome to an episode of Fraud Fridays, where we release
• 0:09
  Speaker 1: older episodes from the Scam Goddess Baalt. That's right, Fraud
• 0:13
  Speaker 1: Fridays is where we bring back your favorite episodes from
• 0:16
  Speaker 1: behind the paywall. Enjoy this episode from behind the paywall,
• 0:20
  Speaker 1: and as always, stay scheming, Scam, Come.
• 0:27
  Speaker 2: Rub and run, Scam, Come rob and frolla.
• 0:40
  Speaker 1: Goddess Congregation, Welcome to another episode of Scam Goddess. Guys,
• 0:46
  Speaker 1: I'm so excited about our guest today. He is just
• 0:49
  Speaker 1: a comedy giant and I am so excited to have
• 0:52
  Speaker 1: him here. Guys, I have mister Matt Wallh. You've probably
• 0:56
  Speaker 1: seen him on VIEB. You've probably seen him on so
• 0:59
  Speaker 1: many other things. Also, he's one of the creators of
• 1:02
  Speaker 1: the comedy theater that I came out of UCB. So
• 1:05
  Speaker 1: this man has done a lot for me, and he's
• 1:07
  Speaker 1: also just hilarious and I'm so happy to have it here.
• 1:09
  Speaker 3: I'm Matt.
• 1:10
  Speaker 4: That's a great intro. That's a little shorter next time, but.
• 1:13
  Speaker 1: No, honestly, could be longer. Cody, pull up the IMDb
• 1:18
  Speaker 1: let's read.
• 1:18
  Speaker 4: Every good punish someone with their IMDb. It's a pleasure
• 1:22
  Speaker 4: to be here. Scam goddess? What do I call you
• 1:25
  Speaker 4: on this show?
• 1:25
  Speaker 1: Just so I we're talking about Yeah, I'm lazy, Yeah, yeah,
• 1:30
  Speaker 1: just Lacy.
• 1:30
  Speaker 3: Yeah the scammers.
• 1:31
  Speaker 1: No. I told everyone like, you should have an alias
• 1:34
  Speaker 1: if you're a scammer. Unfortunately, my alis is like super obvious.
• 1:39
  Speaker 1: I feel like if I call myself scam goddess, people
• 1:41
  Speaker 1: know what's about to happen. But I think that's fair.
• 1:43
  Speaker 1: I can still scam you. You think you know what's
• 1:46
  Speaker 1: gonna happen, but.
• 1:47
  Speaker 4: You're right, like when the medicine show came into town,
• 1:50
  Speaker 4: or like you knew there was something magic about it,
• 1:53
  Speaker 4: but they see he still would scam people exactly.
• 1:56
  Speaker 1: Yeah. I apply myself and people feeling good after I've
• 1:59
  Speaker 1: scammed them, like, oh man, that was fun. It's the
• 2:01
  Speaker 1: allure money, but I had a good time.
• 2:04
  Speaker 4: It's the allure of winning, you know, or like being
• 2:08
  Speaker 4: smarter than the game that suckers people. And I have
• 2:11
  Speaker 4: an Atlantic City story that my friend convinced me you
• 2:14
  Speaker 4: could guaranteed win it Roulette, and we brought three hundred
• 2:17
  Speaker 4: dollars down. Okay, and within three minutes that money was gone.
• 2:22
  Speaker 4: But our butt heeart, but our full he convinced me.
• 2:25
  Speaker 4: My buddy Bill, He's like, you just like bet twenty red.
• 2:28
  Speaker 4: If it's not red, you go forty that way, you know,
• 2:31
  Speaker 4: because eventually Red's gonna come up. It's never more likely.
• 2:35
  Speaker 4: Like you're just doubling down. Yeah, so if you bet twenty,
• 2:39
  Speaker 4: you lost twenty, lost twenty. Okay, Now to make that up,
• 2:41
  Speaker 4: you bet forty and say you lose that forty, No
• 2:44
  Speaker 4: big deal. You now pay sixty on the ride and
• 2:47
  Speaker 4: you're eventually going to hit black and win somehow.
• 2:53
  Speaker 1: Okay that sounds That was.
• 2:55
  Speaker 4: Truly what I was convinced of, and how it relates
• 2:59
  Speaker 4: to your show, hopefully, is that I'm a sucker because
• 3:04
  Speaker 4: I thought my friend knew of a thing that would win.
• 3:08
  Speaker 4: He would win money in Atlantic City. Yes, or a friend.
• 3:12
  Speaker 1: I saw George this in a movie. You're like, what
• 3:14
  Speaker 1: is this? Who's his friend?
• 3:15
  Speaker 4: He's an actor. No, we're not really close anymore.
• 3:19
  Speaker 1: You left him in Atlantic City, like, truly, I don't
• 3:21
  Speaker 1: know what happened to him after Atlantic City.
• 3:23
  Speaker 4: No, we had a ATLANTICX is not a fun place
• 3:27
  Speaker 4: to be with no money, like late at night waiting
• 3:29
  Speaker 4: at a bus station.
• 3:30
  Speaker 1: Yeah, you know that's why I always keep the houci
• 3:33
  Speaker 1: clothes at the casinos. When you lose, you might have
• 3:35
  Speaker 1: to go turn some tricks so you can get home. Yeah,
• 3:37
  Speaker 1: go in there and get your little banana hammock man,
• 3:40
  Speaker 1: get out on the platter, get on the black mat.
• 3:45
  Speaker 1: You got to hurry your way back.
• 3:47
  Speaker 4: If I'm doing that, I'm going to like whatever the
• 3:49
  Speaker 4: four seasons is of Atlantic City. You are very I'm
• 3:52
  Speaker 4: not in the street for myself.
• 3:54
  Speaker 1: You're not dollars.
• 3:55
  Speaker 4: I will pick someone up at a cortail. Yes, I
• 3:58
  Speaker 4: would be a call persons.
• 4:00
  Speaker 3: The room key over all of that.
• 4:02
  Speaker 1: Yes, you're fucking on one hundred thread count sheets. Three
• 4:07
  Speaker 1: hundred thread count sheets. Okay, I get it, as that's
• 4:10
  Speaker 1: where I would give my ass away too.
• 4:16
  Speaker 3: I'm on one today. I'm sorry, y'all.
• 4:19
  Speaker 1: Oh man, you get.
• 4:20
  Speaker 4: Home only to get home. The agreement was to get home.
• 4:22
  Speaker 4: Yeah you got You have no money and you're trying
• 4:25
  Speaker 4: to get home, and you know you're trying.
• 4:27
  Speaker 3: To get home.
• 4:27
  Speaker 1: Theoretically, every night you go to your home where you
• 4:30
  Speaker 1: house your body, so you know, technically I'm always trying
• 4:33
  Speaker 1: to get home. You know, I definitely think that this
• 4:38
  Speaker 1: counts as a scam. I mean, casinos in general are
• 4:40
  Speaker 1: huge scams. Like the allure is like you'll go in
• 4:44
  Speaker 1: and you'll win big. I learned from my dad how
• 4:46
  Speaker 1: to gamble at sixteen, and I only play craps, and
• 4:49
  Speaker 1: I'm really good at playing craps.
• 4:50
  Speaker 3: You understand, I understand the game.
• 4:52
  Speaker 1: I understand what bets are really sexy but really are
• 4:55
  Speaker 1: bad odds and the house wins a lot. Like anytime
• 4:57
  Speaker 1: you see anybody who goes in and plays the field,
• 4:59
  Speaker 1: they don't know what the what they're doing. Field is
• 5:01
  Speaker 1: the worst bet in the house. You will win large amounts,
• 5:04
  Speaker 1: but then you will lose them immediately.
• 5:06
  Speaker 4: What does a field that field?
• 5:08
  Speaker 3: That means?
• 5:09
  Speaker 1: Like if a number like two, five, no, two, okay,
• 5:14
  Speaker 1: three twelve craps, So two and twelve pay double on
• 5:18
  Speaker 1: the field of yo eleven, like all these numbers basically
• 5:22
  Speaker 1: that are kind of low averaging, like hitting on the dice.
• 5:26
  Speaker 1: If they hit, they'll pay you double.
• 5:29
  Speaker 4: One role, yeah okay, and it usually loses, right, yeah.
• 5:32
  Speaker 1: Usually loses comes down after every role. But people will
• 5:36
  Speaker 1: play it and like they'll hit a bit when the
• 5:38
  Speaker 1: table's cold because those numbers aren't good. Those aren't numbers
• 5:40
  Speaker 1: that are actual like place bets. But when the table's hot,
• 5:43
  Speaker 1: you're just gonna lose all that money again. But the
• 5:45
  Speaker 1: key to like winning in any casino game is to leave,
• 5:50
  Speaker 1: like people start having fun, and that's when you lose
• 5:52
  Speaker 1: your money. Like don't and also don't play with people
• 5:55
  Speaker 1: who look like they really need to win. Like I
• 5:58
  Speaker 1: go to a casino, I take out money, and then
• 6:00
  Speaker 1: I look at that money. I say, this money's gone.
• 6:02
  Speaker 1: This money's for fun, and then I play with it.
• 6:04
  Speaker 1: And if it's gone, you know, but I don't lose,
• 6:07
  Speaker 1: I'll play, I'll win back what I made, then have
• 6:09
  Speaker 1: fun with the rest. And then I played.
• 6:11
  Speaker 4: I played open table, Like I'm not a good poker player,
• 6:14
  Speaker 4: but I played open table in like Vegas one weekend
• 6:17
  Speaker 4: or something a night, and I just ended up, like
• 6:20
  Speaker 4: my style just ended up being like grinding it out,
• 6:23
  Speaker 4: just like grinding out, and I probably made like twelve
• 6:24
  Speaker 4: bucks over like three or four hours.
• 6:27
  Speaker 1: Did you having fun?
• 6:28
  Speaker 4: No?
• 6:29
  Speaker 1: I love no fun.
• 6:30
  Speaker 4: I wasn't what it was.
• 6:31
  Speaker 1: It were the other posts.
• 6:32
  Speaker 4: Cause I think it's a game I'm not good at
• 6:34
  Speaker 4: and the only way for me to not lose money
• 6:37
  Speaker 4: is to play just like hard on great cards and
• 6:40
  Speaker 4: then just ride like do you know what I mean? Like,
• 6:42
  Speaker 4: I don't think I'll ever be really good at poker.
• 6:44
  Speaker 4: I can't read the faces. I can't get the scam.
• 6:47
  Speaker 1: Yeah, you gotta be able to scam people and count
• 6:49
  Speaker 1: cards and be lucky and get a good hit.
• 6:51
  Speaker 4: Yes, and I can. There was a time where I
• 6:53
  Speaker 4: actually enjoyed like watching it a brief time where you
• 6:56
  Speaker 4: watch the first time, like World Series Poker, and you
• 6:59
  Speaker 4: see guys play and you see someone with a bullshit
• 7:03
  Speaker 4: hand and you see that guy just playing it so
• 7:07
  Speaker 4: real or something like that, like, oh, that's that's really good.
• 7:11
  Speaker 4: It's like or just nothing more than likely. It's nothing
• 7:15
  Speaker 4: like if you're the unibomber, you have your hood up,
• 7:17
  Speaker 4: you've had the same face the whole time, but you
• 7:20
  Speaker 4: see someone like look up, and I don't know, that's
• 7:23
  Speaker 4: part of it. It was interesting to me.
• 7:24
  Speaker 1: I remember watching poker too, and I thought it was
• 7:26
  Speaker 1: fucking wild that we what a scam for us to
• 7:30
  Speaker 1: all have a televised event where we just watch people
• 7:32
  Speaker 1: play cards. Yeah, yeah, we watch you play cards. I
• 7:38
  Speaker 1: mean that's technically sports. We watch you kick.
• 7:41
  Speaker 4: A ball, I know. And now it's video sports. Now
• 7:43
  Speaker 4: people go to arenas to watch people play video sports.
• 7:47
  Speaker 1: Yes, it's just like a huge thing where people are
• 7:49
  Speaker 1: watching other people play video games. I think that is
• 7:52
  Speaker 1: absolutely insane, and I'm trying to get involved.
• 7:55
  Speaker 4: The oldest my oldest boy was like telling me. He's like,
• 7:59
  Speaker 4: it's no different than like football, Like you're watching football
• 8:02
  Speaker 4: on TV and that's on a screen, and I'm like, somehow.
• 8:05
  Speaker 1: It is, but right, I think it is. I think
• 8:07
  Speaker 1: that that's a generational thing that sometimes even bothers me.
• 8:10
  Speaker 1: I went to a Maiden America concert and DJ Mustard
• 8:13
  Speaker 1: was there, and DJ Mustard like he does the little
• 8:15
  Speaker 1: like most of don't beat in front of like all
• 8:17
  Speaker 1: his beats, and he's pretty popular, and he was doing
• 8:21
  Speaker 1: a set I Made America. So I go to the
• 8:23
  Speaker 1: set and I kid you not, he opens his math
• 8:26
  Speaker 1: book and the crowd goes wild. People were screaming when
• 8:31
  Speaker 1: this man opened his computer, and I looked around and
• 8:33
  Speaker 1: I was like, what the fuck is it?
• 8:36
  Speaker 3: Are you telling me?
• 8:37
  Speaker 1: We came over here.
• 8:38
  Speaker 3: I thought he was gonna have some turntable.
• 8:39
  Speaker 1: Look like he's gonna do a little screechy scratchy or
• 8:41
  Speaker 1: something like he really came over here with a laptop
• 8:44
  Speaker 1: and we about to hit watch this nigga press plate.
• 8:46
  Speaker 3: I can't believe it. I can't believe it, and I
• 8:49
  Speaker 3: love it. I want to get involved.
• 8:51
  Speaker 1: I'm trying to figure out people will watch me play
• 8:52
  Speaker 1: video games poorly? Could that be entertaining because I can't
• 8:55
  Speaker 1: play them well.
• 8:56
  Speaker 4: If you were entertaining vocally, like if you were saying
• 8:59
  Speaker 4: funny shit.
• 9:00
  Speaker 1: If I just running into the wall, I couldn't figure
• 9:03
  Speaker 1: out how to get him from stoff running into the
• 9:04
  Speaker 1: wall be for like three hours.
• 9:06
  Speaker 4: Yeah. Yeah, that's interesting because a lot of the understanding
• 9:11
  Speaker 4: of culture they get they get it through parody, if
• 9:14
  Speaker 4: you know what I mean. There'll be somebody will reference
• 9:16
  Speaker 4: Jaws while they're watching a Minecraft game happen, and they'll
• 9:20
  Speaker 4: be like, I'm like the Shark. They'll make a shark
• 9:22
  Speaker 4: Jaws joke or something like, Dad, what's that Jaws about?
• 9:25
  Speaker 1: Oh? Wow, you don't know what Jaws?
• 9:28
  Speaker 4: Well, now he does. He was obsessed with sharks for
• 9:30
  Speaker 4: a while.
• 9:31
  Speaker 1: That's very funny that now he's like totally into Jaws.
• 9:34
  Speaker 1: We're gonna get started with the first segment because this
• 9:37
  Speaker 1: has been real tan gentle and I love it, which
• 9:40
  Speaker 1: is hot and fraud so hot and fried. Man. This
• 9:42
  Speaker 1: is a moment where I talk to the listeners out
• 9:46
  Speaker 1: there the congregation about scams because I don't want my
• 9:49
  Speaker 1: congregation to get scammed by anybody but me. You know
• 9:52
  Speaker 1: what I mean. If it's my scam, please participate.
• 9:54
  Speaker 3: I need that.
• 9:55
  Speaker 1: But anybody else, you know, we try to prevent it. Yeah,
• 9:59
  Speaker 1: take care of each other, right exactly exactly.
• 10:03
  Speaker 3: This scam comes from my girl B.
• 10:05
  Speaker 1: She asked to be called B. And I understand because
• 10:07
  Speaker 1: when you're doing fraud, you know, you don't need your
• 10:09
  Speaker 1: government name out there, but be, says Hi Lacy, I
• 10:13
  Speaker 1: have an old scam for you. When I was in
• 10:15
  Speaker 1: high school, about eight or nine years ago, I decided
• 10:17
  Speaker 1: I needed a fake ID. Not sure how to go
• 10:19
  Speaker 1: about it, I asked one of the rich girls in
• 10:21
  Speaker 1: my grade, one of only people who I knew had one,
• 10:24
  Speaker 1: and how she got her. So she told me about
• 10:26
  Speaker 1: a website called fake id dot com, which is pretty obvious. Yeah,
• 10:31
  Speaker 1: you would think like a government official or somebody would
• 10:34
  Speaker 1: look that up and be like, huh, maybe we should
• 10:36
  Speaker 1: look into fake id dot com. Sounds suspicious, Yeah, but.
• 10:42
  Speaker 3: I love that the name is so obvious. You know,
• 10:44
  Speaker 3: got to be able to find.
• 10:45
  Speaker 4: How you find it. They probably have good lawyers. They're like,
• 10:47
  Speaker 4: come at us, right, what are we doing illegally?
• 10:49
  Speaker 1: Yeah? What are you talking about? Oh yeah, we call
• 10:51
  Speaker 1: our website fake I D. But that doesn't mean we're
• 10:53
  Speaker 1: making fake IDs. We make music. Like what do they do?
• 10:59
  Speaker 1: They're like affordable trash bags.
• 11:02
  Speaker 4: We reclaimed medical waste.
• 11:06
  Speaker 3: These are all great fronts.
• 11:08
  Speaker 1: So I was so surprised that they used this website
• 11:11
  Speaker 1: to order IDs, But my dumb ass was like, okay,
• 11:14
  Speaker 1: these are her words. After looking up the website, the
• 11:17
  Speaker 1: deal was two fake IDs for two hundred dollars, and
• 11:20
  Speaker 1: if you ordered ten or more, it was one eighty
• 11:23
  Speaker 1: for both. All we had to do was send over
• 11:25
  Speaker 1: a word document with our desired ID information, take an
• 11:28
  Speaker 1: ID photo with a plain background, and wire the money
• 11:31
  Speaker 1: using Western Union to Hong Kong. Easy right. So, being
• 11:35
  Speaker 1: a very broke high schooler, I was like, I need
• 11:37
  Speaker 1: that discount, so I have to find nine other people
• 11:39
  Speaker 1: to join me. Naturally, my best friend was in and
• 11:41
  Speaker 1: it was actually surprisingly easy to find nine other people
• 11:44
  Speaker 1: to join, so we officially had to order of eleven
• 11:47
  Speaker 1: fake IDs at one hundred and eighty dollars each, so
• 11:49
  Speaker 1: they wired nineteen eighty to someone in Hong Kong. They
• 11:53
  Speaker 1: were total to take one to two months for it
• 11:55
  Speaker 1: to arrive. After two months, I was concerned that they
• 11:57
  Speaker 1: were not going to arrive. We all realized were shit
• 11:59
  Speaker 1: out luck and lost one eighty each and there's nothing
• 12:01
  Speaker 1: that we could do about it. A couple weeks later
• 12:04
  Speaker 1: and they said, oh, I guess we couldn't call the
• 12:05
  Speaker 1: police and be like we were swindled out of.
• 12:07
  Speaker 3: Buying our fake id's.
• 12:08
  Speaker 1: That's the thing about doing crime is like there's no
• 12:11
  Speaker 1: protections like there are for you know, criminality.
• 12:14
  Speaker 3: Yeah, yeah, for legitimate things.
• 12:15
  Speaker 1: You can't be like, hey, this guy didn't mail me
• 12:17
  Speaker 1: my ASCID on the dark web. But I wonder if
• 12:21
  Speaker 1: you could call your bank, though, I feel like you
• 12:23
  Speaker 1: could call your bank. Your bank don't got to know
• 12:25
  Speaker 1: that she was doing crime.
• 12:27
  Speaker 4: Right, Well, if it's a Western.
• 12:29
  Speaker 3: So you oh, well they wired it right right, yeah, Yeah.
• 12:33
  Speaker 4: That's real money, right yeah.
• 12:36
  Speaker 1: And we've talked a lot about the show and how
• 12:37
  Speaker 1: wire transfers are basically one of just like the fundamentals
• 12:40
  Speaker 1: of scamming because instant money, you can't get it back
• 12:44
  Speaker 1: and there's no recompense, and that's that's how you want
• 12:46
  Speaker 1: your money when you're a scammer.
• 12:48
  Speaker 4: Yeah.
• 12:49
  Speaker 1: So a couple of weeks later, she said that her
• 12:50
  Speaker 1: friend texted her and the IDs actually came and they
• 12:54
  Speaker 1: were real fake IDs, and she said they worked for
• 12:57
  Speaker 1: a long time, and then other kids who decid I
• 13:00
  Speaker 1: did not to get in on this scheme with her. Uh,
• 13:02
  Speaker 1: they immediately were jealous and went out and spent like
• 13:05
  Speaker 1: four thousand dollars getting these same fake id's. Unfortunately, faked
• 13:09
  Speaker 1: dot com was hacked and so all the money was
• 13:13
  Speaker 1: rerouted to someone who was not making any IDs, So
• 13:17
  Speaker 1: then the scam no longer worked. I had a fake ID.
• 13:21
  Speaker 4: Wow, that's a fascinating I.
• 13:23
  Speaker 1: Ordered a fake ID online. So I used fake id's
• 13:26
  Speaker 1: dot com. Yeah, I did. It was a Pennsylvania I
• 13:29
  Speaker 1: d because I went to school in Pittsburgh. And it
• 13:31
  Speaker 1: only worked for one night. Because what do you mean
• 13:36
  Speaker 1: because somebody, I guess.
• 13:37
  Speaker 4: We inspired they gave that had one day till expiration.
• 13:41
  Speaker 1: I had one night. I'm out of town. You wanted
• 13:44
  Speaker 1: or so I had to go back to the DMBs
• 13:46
  Speaker 1: and I can't.
• 13:46
  Speaker 4: That's a good premise for a movie. You can drink
• 13:49
  Speaker 4: like you're twenty one, but only for one night.
• 13:52
  Speaker 1: God, then your idea expired. I think that's actually a
• 13:53
  Speaker 1: movie is gonna be coming out, is it? Yeah? I
• 13:55
  Speaker 1: read a script that sounds just like that. But I
• 14:00
  Speaker 1: think it was because a bunch of us ordered them
• 14:02
  Speaker 1: at the same time, like kind of in this fashion.
• 14:04
  Speaker 1: I think there was a discount if you bought a
• 14:05
  Speaker 1: bunch of them, you know, if you buy your in bulk,
• 14:08
  Speaker 1: which is how I like to buy my fake government documents.
• 14:11
  Speaker 1: And so I did have two of them. The first
• 14:14
  Speaker 1: one got taken the second night that I tried to
• 14:16
  Speaker 1: go out with it, because every because they scanned, that
• 14:18
  Speaker 1: was a big deal. Like you wanted to ask you
• 14:21
  Speaker 1: was this was? I was gonna say nineteen. Definitely nineteen.
• 14:25
  Speaker 3: It was two thousand and eleven.
• 14:30
  Speaker 4: So these people, you gave them information to make a
• 14:33
  Speaker 4: fake idea, right, I did, And none of your accounts,
• 14:36
  Speaker 4: Like you didn't get your identity stolen as a result.
• 14:40
  Speaker 1: No, because I didn't engage him any real nothing was real. Yeah, okay,
• 14:44
  Speaker 1: because you don't, like they make up your driver license number,
• 14:46
  Speaker 1: you don't need to give them anything other than the
• 14:49
  Speaker 1: address you wanted to go to.
• 14:50
  Speaker 4: The credit card number.
• 14:54
  Speaker 3: I'm trying to remember how we paid. I didn't pay,
• 14:56
  Speaker 3: That's what it was.
• 14:57
  Speaker 1: I took the photo and then somebody else had arranged
• 15:01
  Speaker 1: to order the IDs, and I sent my money via
• 15:04
  Speaker 1: whatever app we were using at the time.
• 15:06
  Speaker 3: I think we were just I think it was back then.
• 15:07
  Speaker 1: We just got cash out of the ATM. It was
• 15:09
  Speaker 1: a crazy time.
• 15:11
  Speaker 4: Well, it's it's interesting to bundle, to bundle anything like that,
• 15:15
  Speaker 4: like to bundle, to bundle fake IDs and then move
• 15:19
  Speaker 4: them that way.
• 15:19
  Speaker 3: Honestly, it's the capital's way, and I appreciate it.
• 15:22
  Speaker 4: It was a guy. I had, a guy who worked
• 15:24
  Speaker 4: with at a restaurant. I saw him like eight years
• 15:27
  Speaker 4: later and he was like, what are you doing and
• 15:29
  Speaker 4: he's like, oh, I'm moving. I bundle car loans and
• 15:33
  Speaker 4: then I moved them to other institutions, financial institutions.
• 15:36
  Speaker 1: That sounds like a scam.
• 15:37
  Speaker 4: That was his living. It might be a.
• 15:39
  Speaker 3: Scam that loan consolidation.
• 15:42
  Speaker 4: It's eventually going to deflate. You're right in value, You're right.
• 15:45
  Speaker 4: Maybe it is like a I guess, so if you
• 15:48
  Speaker 4: bundle subprime mortgages, you're a scam.
• 15:50
  Speaker 1: Artist, right, because these are also depreciating values. So like, yeah,
• 15:53
  Speaker 1: I mean, look, we all knew that that's how the
• 15:55
  Speaker 1: housing market WOA.
• 15:57
  Speaker 4: But but they're each individual contract is legitimate paper like that.
• 16:02
  Speaker 4: They're not buying like cocaine, right right, They're buying like.
• 16:07
  Speaker 1: They might be. It's a possibility, I will say, though,
• 16:12
  Speaker 1: Like we all got found out because there was like
• 16:15
  Speaker 1: a like a construction error what's the word I'm looking for,
• 16:19
  Speaker 1: like a default or something in all of the cards,
• 16:22
  Speaker 1: and it was the same on every ID. They all
• 16:24
  Speaker 1: like were missing some specific thing or they were flashing
• 16:27
  Speaker 1: this blue light on it, and because we all bought
• 16:29
  Speaker 1: these in bulk, we all had the same kind of malfunction. Yeah,
• 16:33
  Speaker 1: so I got to snatch from me the second time.
• 16:35
  Speaker 1: Then I had to just start using a friend's ID
• 16:37
  Speaker 1: who looked like me, actually we didn't look like.
• 16:40
  Speaker 3: She had like a bigger like nostrils.
• 16:43
  Speaker 1: So when I would use her ID, I would show
• 16:45
  Speaker 1: up to the club and I flare my no like this,
• 16:48
  Speaker 1: I'm like hello, and I was just hold my nose
• 16:51
  Speaker 1: out like this. It worked every time.
• 16:53
  Speaker 4: Well, you also have an attitude when you make that
• 16:55
  Speaker 4: face like can we finish this?
• 16:57
  Speaker 2: Right?
• 16:58
  Speaker 1: I'm all.
• 17:00
  Speaker 3: Why was my mom like, oh, you need a fake idea,
• 17:02
  Speaker 3: you can use mine.
• 17:03
  Speaker 1: I was like, Mom, you were twenty years older than
• 17:05
  Speaker 1: me or twenty one years older than me. Why where
• 17:07
  Speaker 1: am I gonna go talk about it for to nine?
• 17:09
  Speaker 1: Like like sis, she.
• 17:12
  Speaker 4: Was gonna give it up though, when you were in
• 17:14
  Speaker 4: nineteen when.
• 17:15
  Speaker 3: I was twenty yet Oh wow, right, is that crazy?
• 17:18
  Speaker 4: That's a cool mom.
• 17:20
  Speaker 1: I didn't drink in high school, Like, I didn't get
• 17:22
  Speaker 1: to go anywhere, so I think in college she was like,
• 17:24
  Speaker 1: you can go yours. Yeah, yeah, a little bit. The
• 17:26
  Speaker 1: first time I ever got drunkle was with my parents.
• 17:28
  Speaker 1: I once got so drunk with my mom that I
• 17:31
  Speaker 1: woke up in bed with my parents. It's not how
• 17:33
  Speaker 1: it sounds. I woke up in the corner of the
• 17:36
  Speaker 1: bed and was like when the fuck happened? Hamhage, hammered, hammered,
• 17:41
  Speaker 1: and I was like, this is not okay. And my
• 17:44
  Speaker 1: mom was like, I was trying to give you a
• 17:46
  Speaker 1: cool compress, but you would be very mean to me.
• 17:51
  Speaker 1: You mom, can drink me under a table.
• 17:53
  Speaker 4: Oh that's funny.
• 17:54
  Speaker 1: Oh gosh, scot God, y'all know it's time for my
• 18:02
  Speaker 1: favorite segment. Of this show historic hoodwinks. This is where
• 18:07
  Speaker 1: I regale your boy Matt Walsh with a historic hoodwink.
• 18:13
  Speaker 1: We just get his commentary and opinions and feelings along
• 18:16
  Speaker 1: the way. So today, guys, this is a super popular
• 18:19
  Speaker 1: one that I know you all know about a king,
• 18:23
  Speaker 1: incarcerated king, mister Bernard Lawrence made off aka Bernie made
• 18:32
  Speaker 1: Off aka Bernie made off with all your money. Yes,
• 18:36
  Speaker 1: he's an American financer. I'm gonna put that in quotes,
• 18:39
  Speaker 1: financier who executed the largest Ponzi scheme in history, defrauding
• 18:45
  Speaker 1: thousands of investors out of tens of billions of dollars
• 18:47
  Speaker 1: over the course of seventeen years and possibly longa and
• 18:51
  Speaker 1: I would think longa career scammer. If you can scam
• 18:53
  Speaker 1: into your seventies and not get caught into your seventies,
• 18:57
  Speaker 1: that's beautiful.
• 18:58
  Speaker 4: Ye that person, You're right.
• 19:00
  Speaker 1: I don't understand why they weren't giving him a lifetime
• 19:02
  Speaker 1: achievement of words like yeah, I'm sorry if you get
• 19:05
  Speaker 1: that far, like we're all dumb and you deserve the world.
• 19:09
  Speaker 1: I'm not mad at it. So, but you know you're
• 19:11
  Speaker 1: scamming rich people. So they are definitely going to get
• 19:14
  Speaker 1: you back. I'm just gonna tell you guys out there
• 19:17
  Speaker 1: how Ponzi's schemes work, just so we're all on the
• 19:19
  Speaker 1: same page. So the name originated with Charles Ponzi, who
• 19:23
  Speaker 1: promised fifty percent returns on investments and only ninety days.
• 19:27
  Speaker 1: I feel like ninety days is such a great scammer
• 19:29
  Speaker 1: amount of time. Look, if you get on any if
• 19:31
  Speaker 1: you're up late at night and you see any commercial
• 19:34
  Speaker 1: for anything, they'd be like, oh, it's only three installments
• 19:37
  Speaker 1: of forty nine, none and nine, Like you know what
• 19:39
  Speaker 1: I mean, Like, ninety days is just enough time where
• 19:41
  Speaker 1: you'll pay something consistently before you start feeling like robbed,
• 19:45
  Speaker 1: you know what I mean. Like ninety days I give
• 19:47
  Speaker 1: you my money, I'd be like, okay, I'm gonna get
• 19:48
  Speaker 1: it back at three months. Okay, that's that seems acceptable.
• 19:51
  Speaker 1: Four months though, No, No, I'm angry. I want money back.
• 19:55
  Speaker 1: So Ponzi schemes are run by a central operator who
• 19:58
  Speaker 1: uses the money from new incoming investors to pay off
• 20:02
  Speaker 1: promised returns to oh the ones. So basically, you take
• 20:06
  Speaker 1: money from people and you say, in ninety days it's
• 20:07
  Speaker 1: about to be lit. You about to have I'm a
• 20:09
  Speaker 1: dobo coin, right, But you have to keep doing this
• 20:13
  Speaker 1: because technically you're just taking money from other people and
• 20:16
  Speaker 1: then giving it to other people mm hmmm. And then
• 20:18
  Speaker 1: you can you skimme a little off the top for yourself.
• 20:21
  Speaker 1: So to avoid having too many investors reclaiming their profits,
• 20:24
  Speaker 1: Ponzi schemes encourage them to stay in the game to
• 20:27
  Speaker 1: earn even more money. So it's like, oh, you thought
• 20:29
  Speaker 1: these three months was lit, you wait until you try
• 20:32
  Speaker 1: Jimmy is So investment strategies are vague answer, So can I.
• 20:37
  Speaker 4: Ask you a question? So nobody walks away after the
• 20:40
  Speaker 4: first Like if you if you have a ponzi guy
• 20:44
  Speaker 4: and he says, give me five million and in six
• 20:47
  Speaker 4: months you'll have ten million. Right, Yeah, he does that
• 20:51
  Speaker 4: once to you, right, he makes you believe it's gonna work. Yes,
• 20:55
  Speaker 4: And that's where the addiction is. That is that how
• 20:57
  Speaker 4: it works. So after ten I could have literally or
• 21:00
  Speaker 4: they one could find another person to invest their money with.
• 21:04
  Speaker 5: Right.
• 21:05
  Speaker 1: So if you get it on a ponzi scheme early,
• 21:08
  Speaker 1: and you actually get the returns on your investment and
• 21:10
  Speaker 1: decide to invest then or divest rather, then you actually
• 21:15
  Speaker 1: would win on that scam. But the whole point is
• 21:17
  Speaker 1: that he gives you back half of what you invested,
• 21:22
  Speaker 1: all profit, and then he still has the money that
• 21:25
  Speaker 1: you invested technically in your brain, but really he just
• 21:28
  Speaker 1: gave you half your money back, right.
• 21:30
  Speaker 4: Yeah, it's because you're seeing like if I give you
• 21:34
  Speaker 4: five million and you say, aren't they more likely to say, okay,
• 21:38
  Speaker 4: but you got to be in for a couple of years.
• 21:40
  Speaker 4: They might show you a profit. At six months. They
• 21:42
  Speaker 4: might show your bank account and say, look, check your
• 21:44
  Speaker 4: bank account today. There's ten million. There, no bullshit or
• 21:48
  Speaker 4: the money was real, do you know what I mean? Yeah,
• 21:52
  Speaker 4: and then they take it. But now there's another thing.
• 21:54
  Speaker 4: If you give me that ten now we're going to
• 21:56
  Speaker 4: turn it into twenty. So then he takes your whatever,
• 21:58
  Speaker 4: maybe gets you in for another five month there.
• 22:00
  Speaker 1: Yeah, no, it's exactly how it works. So it's like
• 22:03
  Speaker 1: and then when he's getting other people to invest, he's
• 22:06
  Speaker 1: just taking that money. Like let's say you want to
• 22:08
  Speaker 1: divest a little bit, or you want to see some
• 22:10
  Speaker 1: of your returns, and you want to actually take some
• 22:12
  Speaker 1: of your returns. He will take the money that he
• 22:14
  Speaker 1: just got from somebody else and give it to you, right,
• 22:18
  Speaker 1: So there's.
• 22:18
  Speaker 4: Never act, there's diminishing resources. And yeah, if I'm a member,
• 22:23
  Speaker 4: it's not like an Amway scam in that. Now my
• 22:27
  Speaker 4: job is to recruit other people into the ponzia. There's
• 22:29
  Speaker 4: usually only one ponzi, one person at the center of
• 22:32
  Speaker 4: a ponzi, right.
• 22:33
  Speaker 1: And investing strategies are vague or secretive, which schemers claim
• 22:37
  Speaker 1: is to protect their business. So if you have these
• 22:40
  Speaker 1: investing strategies that are making millions, you don't have to
• 22:42
  Speaker 1: tell anybody what they are because the natural assumption is
• 22:44
  Speaker 1: is that if you shared it, other people would do
• 22:46
  Speaker 1: it and then it would become less valuable.
• 22:48
  Speaker 3: And even though these people aren't.
• 22:50
  Speaker 1: Now working for the scam, it's not like herbal life
• 22:52
  Speaker 1: for now you're like, oh, come on, y'all invest in
• 22:54
  Speaker 1: Verdy made off. But you know how money is, you
• 22:56
  Speaker 1: know how rich people are, Like you know, you guys
• 22:58
  Speaker 1: will cool, always been man, guys will cool, honey. So
• 23:01
  Speaker 1: you know when y'all be at the meetings and at
• 23:03
  Speaker 1: the functions and you know, the Illuminati meetings, and they'd
• 23:05
  Speaker 1: be like, oh, you know, I just made like a
• 23:07
  Speaker 1: fifty percent return on the investment in ninety days. You
• 23:10
  Speaker 1: are kind of doing the work for him because you're
• 23:12
  Speaker 1: a rich person telling other rich people how they can
• 23:14
  Speaker 1: get rich, which he has celebrities involved, but you're not profiting.
• 23:18
  Speaker 4: Like if I bring three of my friends into the Ponzi,
• 23:21
  Speaker 4: I don't see any more money.
• 23:22
  Speaker 1: Absolutely not. Yeah, but that doesn't matter because that's like
• 23:25
  Speaker 1: a status thing. Like people are doing that for SATs
• 23:28
  Speaker 1: because like you're a Sedgwick was giving him coin, Kevin
• 23:31
  Speaker 1: Bacon was giving him points. I said, damn Kevin Bacon.
• 23:33
  Speaker 1: We all six degrees away from Kevin Bacon and a
• 23:35
  Speaker 1: scam honey and New York It's owner was giving him coins.
• 23:39
  Speaker 1: Fred will Pond so like, oh, Steven Spielberg, come on now,
• 23:43
  Speaker 1: you know, like these are prominent names, like you know
• 23:45
  Speaker 1: you going to the black tie events and Steven talking
• 23:48
  Speaker 1: about Yeah, I'm Bernie, just listen, I'm invested, Steves feel right,
• 23:53
  Speaker 1: make the color purple? Like, who are we giving our
• 23:56
  Speaker 1: money to?
• 23:57
  Speaker 4: I feel bad for anyone though, who got lost their
• 23:59
  Speaker 4: life money you if they're if there's zeroed out or something. Yeah,
• 24:03
  Speaker 4: I do because nobody. I don't know. I feel bad
• 24:08
  Speaker 4: for rich people, not for not for rich people.
• 24:11
  Speaker 1: Wow, I feel bad for rich That's the full quote
• 24:15
  Speaker 1: of this entire show. Matt watch feels bad for rich people.
• 24:19
  Speaker 4: If you're a ten millionaire. Say you're a ten millionaire
• 24:23
  Speaker 4: and Bernie Madoff took all your money and that was
• 24:25
  Speaker 4: like your retirement for you and your wife, and now
• 24:27
  Speaker 4: you got nothing.
• 24:28
  Speaker 3: Well, why would you give him ten million?
• 24:29
  Speaker 4: Though?
• 24:29
  Speaker 3: That's like that's too much?
• 24:30
  Speaker 4: Did you get suckered in? I think you get suckered in.
• 24:33
  Speaker 4: Maybe you go in for a million at first and
• 24:35
  Speaker 4: you're like, here's a million next year. Let me show
• 24:38
  Speaker 4: you the returns after year one? Do you want to
• 24:39
  Speaker 4: come in for two?
• 24:40
  Speaker 1: And then you're a bad Did you get taken by
• 24:42
  Speaker 1: Bernie made I didn't. Is this your story?
• 24:44
  Speaker 4: No?
• 24:45
  Speaker 1: I don't know. Matt, his son is sound very specific.
• 24:48
  Speaker 3: He's like, I mean, what if you're a guy you
• 24:50
  Speaker 3: know I met.
• 24:55
  Speaker 1: You know? What if? What if you know in between
• 24:57
  Speaker 1: shoot and VEP you were like, I want to double
• 24:58
  Speaker 1: my millions? And then you meet Bernie at a at
• 25:01
  Speaker 1: an Oscar party, and then Steven Spielberg says that he's
• 25:04
  Speaker 1: a cool guy.
• 25:05
  Speaker 4: I am unfortunately easy prey for, like a scam person.
• 25:10
  Speaker 1: Yes, I don't understand Atlantic City.
• 25:12
  Speaker 4: No, I have like someone who helps me plan, you know,
• 25:14
  Speaker 4: so I don't lose all the money or whatever. Like
• 25:17
  Speaker 4: I'm not good at money.
• 25:18
  Speaker 1: But do you watch that person?
• 25:20
  Speaker 4: I trust that person? Yeah, I do. Yeah, it's yeah,
• 25:25
  Speaker 4: well you're smart. You're smart.
• 25:28
  Speaker 3: I mean as long as you're like overseeing.
• 25:30
  Speaker 1: My mom was always like, you're never big enough to
• 25:32
  Speaker 1: not sign your own checks, and I was like, okay, yeah,
• 25:36
  Speaker 1: sometimes I do let people deprive checks into myrow al,
• 25:39
  Speaker 1: so I should probably look at those.
• 25:42
  Speaker 4: But think of the time you free from your life
• 25:44
  Speaker 4: by not like monitoring like every single time.
• 25:48
  Speaker 1: Yeah, but then sometimes you get Rihanna. Rihanna's money manager
• 25:52
  Speaker 1: was managing her money poorly. And by managing, I mean
• 25:55
  Speaker 1: she was managing to steal a lot of it. Really, Yeah,
• 25:58
  Speaker 1: stole a lot of the money. Realize bankrupt today.
• 26:00
  Speaker 4: Yeah, grandpa doesn't know these things. Sorry, apologize to your fans.
• 26:05
  Speaker 1: Right, No, but yeah, So Bernie Madoff did this whole
• 26:09
  Speaker 1: Ponzi scheme, and he did it for at least seventeen years,
• 26:12
  Speaker 1: possibly longer. So.
• 26:14
  Speaker 3: He was born April twenty.
• 26:15
  Speaker 1: Ninth, in nineteen thirty eight in Queens, New York, New York.
• 26:20
  Speaker 1: Is such a beautiful place for scams. I would call
• 26:23
  Speaker 1: New York, like specifically Brooklyn, in the Silicone Valley of scamming,
• 26:26
  Speaker 1: Like that's where all the innovation happens. That's where the newest.
• 26:30
  Speaker 4: High class too. Sorta yeah, scamnology is coming out the
• 26:34
  Speaker 4: old world.
• 26:35
  Speaker 1: And I love an old world scam. I love an
• 26:37
  Speaker 1: old world one and I love an old world scam.
• 26:39
  Speaker 1: An old fashioned grift still gets me. So he used
• 26:43
  Speaker 1: five thousand dollars he earned from lifeguarding and installing Sprinkler
• 26:46
  Speaker 1: systems to found his investment company. This man is a
• 26:49
  Speaker 1: genius made off borrowed an additional fifty thousand dollars from
• 26:53
  Speaker 1: his in laws, which like, y'all's in laws just be
• 26:55
  Speaker 1: having fifty thousand dollars, like I ever borrowed fifty thousand
• 26:57
  Speaker 1: dollars from nobody, Like you know what I mean?
• 27:00
  Speaker 3: Privilege and oh and this is his in laws.
• 27:03
  Speaker 1: So he also means he married a woman with a bag,
• 27:06
  Speaker 1: like who knows he might have married his wife, Like, oh,
• 27:08
  Speaker 1: you have a family, got some coin, Okay, we're gonna
• 27:10
  Speaker 1: we're gonna get married, because obviously Bernie's family ain't have
• 27:13
  Speaker 1: no coin. He was in Stallard Sprinkle systems and lifeguarding.
• 27:16
  Speaker 1: So he had to marry up. So he married him
• 27:18
  Speaker 1: with a real battie, and he and Ruth founded an
• 27:21
  Speaker 1: investment firm called Bernard L. Made Off Investment Securities LLC.
• 27:27
  Speaker 1: Where's Ruth's naming this? She dine brought all the money
• 27:29
  Speaker 1: into this, and it's literally called Bernard L. Like where
• 27:32
  Speaker 1: my name am? It should be Ruth and Bernard, Bernard
• 27:35
  Speaker 1: and Ruth.
• 27:36
  Speaker 4: Right. If that was a cancer center, it would be
• 27:38
  Speaker 4: Ruth and Bernard.
• 27:39
  Speaker 1: Right, it should be Bernard and Ruth's Money LLC. Like
• 27:43
  Speaker 1: I want to be involved. So, by the end of
• 27:45
  Speaker 1: the nineteen eighties, his firm was handling more than five
• 27:48
  Speaker 1: percent of the trade volume in the New York Stock Exchange,
• 27:50
  Speaker 1: which is huge.
• 27:51
  Speaker 4: That's banana.
• 27:53
  Speaker 1: That's insane.
• 27:54
  Speaker 4: That's Banana's five percent for one one firm. That's crazy.
• 27:58
  Speaker 1: Yeah, So he had gotten his hands in everybody's pocket.
• 28:01
  Speaker 1: And this is like the nineteen eighties, so he's probably
• 28:04
  Speaker 1: in his forties at this point. Yeah. So Bernie employed
• 28:08
  Speaker 1: his brother Peter, he employed his daughter Shana Madoff, and
• 28:12
  Speaker 1: his sons Andrew and Mark. When Bernie Madoff started, basically
• 28:18
  Speaker 1: he was flying under the radar because he was falsifying
• 28:21
  Speaker 1: SEC reports. And this is something that I thought was
• 28:25
  Speaker 1: very funny, and how he falsifies the documents. So they
• 28:29
  Speaker 1: would put documents in the fridge because sometimes the SEC
• 28:33
  Speaker 1: would pop up on you, like they just pull up.
• 28:35
  Speaker 1: I like the Health inspectors like, hey, y'ah, we're here.
• 28:37
  Speaker 1: Let us see them docs, you know what I mean,
• 28:39
  Speaker 1: Like put them docs out.
• 28:40
  Speaker 4: They can just do that.
• 28:41
  Speaker 1: Surprise audit, surprise, let me get them docs.
• 28:44
  Speaker 4: Got it.
• 28:45
  Speaker 1: So they would pull up in surprise and they would
• 28:48
  Speaker 1: quickly start falsifying documents. And because they were printing them
• 28:52
  Speaker 1: out fresh, they would be warm, so they would put
• 28:54
  Speaker 1: them in the fridge so that they would cool down
• 28:59
  Speaker 1: before they gave.
• 29:01
  Speaker 4: Yeah, wow, that's smart. So they were up all night
• 29:04
  Speaker 4: cooking the books.
• 29:05
  Speaker 1: Literally literally, and they had to cool to books now wow,
• 29:10
  Speaker 1: because they were hot.
• 29:11
  Speaker 4: And that's back when the books were on paper.
• 29:12
  Speaker 1: Now the books are not exactly now you ei, they're
• 29:16
  Speaker 1: so digital, so you can't really do that. But back
• 29:18
  Speaker 1: when you literally were cooking books, the books would be
• 29:21
  Speaker 1: too hot to the church.
• 29:23
  Speaker 4: Somebody told me there was a story about, uh, these
• 29:26
  Speaker 4: soldiers knew in Israel the new when the British guys
• 29:30
  Speaker 4: were coming because they say, let us know when you're coming,
• 29:31
  Speaker 4: because we'll have the beer cold. But they were like
• 29:35
  Speaker 4: making bullets in the basement of the place.
• 29:38
  Speaker 1: They yeah, yeah, we have to be a nice and
• 29:42
  Speaker 1: cool Yeah, yea, y'all want some burgers, y'all want pressls.
• 29:45
  Speaker 1: We know y'all love to tell us.
• 29:46
  Speaker 4: So you're coming by Friday, got it? Beer will be cold.
• 29:50
  Speaker 1: And bullets will be hot. Yeah, that's very funny. You
• 29:53
  Speaker 1: can like bait people like that. But this apparently worked.
• 29:56
  Speaker 1: Like they would just be refrigerating the books and they
• 29:57
  Speaker 1: come out. I'm like, aren't the books cold?
• 29:59
  Speaker 4: Then?
• 29:59
  Speaker 1: Are they too gold? They're like, we keep it cold
• 30:01
  Speaker 1: in our office. No women work here. You know. Men
• 30:04
  Speaker 1: love cold offices. That's the patriarchy.
• 30:07
  Speaker 4: Cold comedy rooms.
• 30:08
  Speaker 1: Too, right. So he started his own market maker firm
• 30:12
  Speaker 1: in nineteen sixties and helped launch Nasdaq's Stark market, which
• 30:16
  Speaker 1: feels like a conflict of interest, like, how can you
• 30:19
  Speaker 1: help someone launch the Nasdaq when you're like holding five
• 30:22
  Speaker 1: percent of Wow the share Okay. So he sat on
• 30:26
  Speaker 1: the board of the National Association of Security Dealers and
• 30:29
  Speaker 1: advised the Security and Exchange Commission on trading securities. So
• 30:33
  Speaker 1: the scammer was advising the organized Was.
• 30:37
  Speaker 4: He now already scamming?
• 30:40
  Speaker 1: Oh he had been scamming. He's yes, So this is
• 30:43
  Speaker 1: like later in his career. This is like when he's how.
• 30:46
  Speaker 4: Many years into scamming? Is he at this point? Would
• 30:49
  Speaker 4: you guess I'm being crooked?
• 30:51
  Speaker 1: Let's say honestly, I think he was crooked from the
• 30:54
  Speaker 1: time he started installing those water sprinklers. I bet you
• 30:57
  Speaker 1: Bernie can't swim, and he was a lifeguard that just
• 31:00
  Speaker 1: never got in the water. He probably just putting a
• 31:02
  Speaker 1: little sunscreen on his nose. I bet you never saved life.
• 31:05
  Speaker 1: And I bet you that whoever got their sprinkler systems
• 31:07
  Speaker 1: installed by Bernie that grass dyed.
• 31:11
  Speaker 4: Or they were burned in a fire. And those sprinklers
• 31:13
  Speaker 4: are supposed to put out that.
• 31:15
  Speaker 1: Right, Oh Lord Jesus. Then it's like this is Us.
• 31:17
  Speaker 1: Bernie made off edition smoke, The smoke alarm didn't go off,
• 31:21
  Speaker 1: burn didn't install the sprinklers. Right then the dad died.
• 31:25
  Speaker 1: I love that show. That show is a scam. I've
• 31:28
  Speaker 1: never seen somebody scam a death harder than This is Us.
• 31:31
  Speaker 4: I don't watch that one.
• 31:31
  Speaker 3: I'm sorry Okay, so I don't want.
• 31:33
  Speaker 4: Emotional right, yeah, And I'm like.
• 31:35
  Speaker 1: Who wants to cry for Tuesday at nine? Like this
• 31:37
  Speaker 1: too much? It is a lot, right, Like I can't
• 31:40
  Speaker 1: have a scheduled cry every week. But the scam is
• 31:42
  Speaker 1: on that show. It's like the dad dies and that's
• 31:44
  Speaker 1: like something that is not a spoiler. But how the
• 31:47
  Speaker 1: scam works is the dad is like a series regular
• 31:50
  Speaker 1: on the show. Like the dad works every night on
• 31:52
  Speaker 1: the damn show because they do all these flashbacks, and
• 31:54
  Speaker 1: the flashbacks be like, oh man, here are some clothes
• 31:58
  Speaker 1: from the dad dying that we got to take home
• 32:01
  Speaker 1: from the police department. So sad. The next episode is like,
• 32:05
  Speaker 1: it's my birthday, but my daddy did. Like they use
• 32:09
  Speaker 1: the death and like every sad moment of a death,
• 32:12
  Speaker 1: which is real in real life, Like it's not ever
• 32:14
  Speaker 1: just the funeral. It's always like little tiny moments afterwards.
• 32:16
  Speaker 1: But they I've never seen somebody milker death so hard.
• 32:19
  Speaker 1: They'd be like, that's the smoke detested that didn't go
• 32:21
  Speaker 1: off and that's why it dad died. My little zoom
• 32:24
  Speaker 1: in on it.
• 32:25
  Speaker 4: And that'll go throughout how many seasons know it.
• 32:28
  Speaker 1: It's been years of just that and it works every
• 32:33
  Speaker 1: single time.
• 32:35
  Speaker 4: Has the dad appeared in flashback?
• 32:37
  Speaker 1: Oh hell yeah, hell yeah. He all over them flashbacks
• 32:41
  Speaker 1: and like sometimes the dad be dead and it'd be
• 32:43
  Speaker 1: like they sneak attacking with it.
• 32:46
  Speaker 3: Like they go into the grocery store and it's like the.
• 32:48
  Speaker 1: Dad love this meat.
• 32:50
  Speaker 3: You go to get sad again. Now.
• 32:55
  Speaker 1: So I personally don't watch this, But the episodes that
• 32:58
  Speaker 1: I have seen, I was like, this is too tell
• 33:00
  Speaker 1: y'all gonna milk a death for ten seasons, you know
• 33:02
  Speaker 1: what I mean? That's a lot. They haven't killed anybody
• 33:04
  Speaker 1: else that I know of. No, maybe they killed the
• 33:06
  Speaker 1: other dad. Now fresh dad, new dad to be sad about.
• 33:11
  Speaker 1: I don't watch the show. People are gonna really kick
• 33:13
  Speaker 1: my house. I have opinions about things that I know.
• 33:18
  Speaker 1: Now listen, if y'all are looking for me, this is us.
• 33:21
  Speaker 1: I would love to be on your side. Show rob
• 33:28
  Speaker 1: at run So Mateoff claimed to use the investment strategy
• 33:33
  Speaker 1: called split strike conversion, which is an actual training strategy,
• 33:37
  Speaker 1: but instead he simply deposited clients' funds into a single
• 33:40
  Speaker 1: Chase Bank account that he used to pay existed clients
• 33:44
  Speaker 1: who wanted to cash out So this is what we
• 33:45
  Speaker 1: talked about when we explained Ponzi SA. So federal prosecutors
• 33:48
  Speaker 1: said Chase should have known it would be used to
• 33:51
  Speaker 1: commit fraud, and they charged the bank with two felony
• 33:54
  Speaker 1: accounts for failing to maintain adequate controls? Do you think
• 33:58
  Speaker 1: Chase knew and just was like the there's billions of
• 34:00
  Speaker 1: dollars in our bank, Like, who gives a buck?
• 34:02
  Speaker 4: I was more going to why are you? That's like
• 34:08
  Speaker 4: you're constantly you constantly need new income to keep the
• 34:13
  Speaker 4: secret from getting out, So you're constantly hustling and raising
• 34:19
  Speaker 4: more capital to give to people because you're also building
• 34:23
  Speaker 4: this lifestyle. Right, I'm sure you have tons of fucking
• 34:27
  Speaker 4: real estate and shit. Yeah, I don't know.
• 34:32
  Speaker 1: You're tired of just thinking about doing the scam? Yeah,
• 34:35
  Speaker 1: kind of like when you're a career scammer. This is
• 34:39
  Speaker 1: your profession, so staying ahead of your scam is your
• 34:41
  Speaker 1: full time job. I mean, you gotta have lots of
• 34:44
  Speaker 1: refrigerators for cooling papers, you gotta.
• 34:46
  Speaker 4: Have, right, Right, he didn't deliver the newspapers. When he
• 34:51
  Speaker 4: had the paper out, he would just dump them in
• 34:53
  Speaker 4: the empty lot.
• 34:53
  Speaker 1: Oh, for sure. He would never throw absolutely not. So
• 34:58
  Speaker 1: he's having a struggle to keep up with the scam,
• 35:00
  Speaker 1: and I think that that's an amazing profession. Like your
• 35:02
  Speaker 1: whole job is just staying ahead lies and schemes. The
• 35:05
  Speaker 1: only thing that's bad is the stress that comes with that,
• 35:08
  Speaker 1: because if you lose your job, you can just go
• 35:11
  Speaker 1: get another job, you know what I mean. But like
• 35:13
  Speaker 1: if your scam falls apart, you're going to jail. So
• 35:17
  Speaker 1: that's like a lot of pressure. That's what I feel
• 35:19
  Speaker 1: like that's also the pressure that CEOs feels.
• 35:21
  Speaker 4: But I don't think they I don't think he thinks
• 35:25
  Speaker 4: about jail, has no fear, Like to him, it's only
• 35:29
  Speaker 4: about raising capital to keep the lie quiet. And it's bananas.
• 35:36
  Speaker 4: I don't know, Like it seems like singular focus, like
• 35:41
  Speaker 4: because it's such it's so woven into the fabric of
• 35:44
  Speaker 4: your life. Like, are any moments where he seemingly was
• 35:47
  Speaker 4: having joy with someone? Is he distracted by.
• 35:51
  Speaker 3: The I think you're getting high on it.
• 35:53
  Speaker 1: I think that part of this reason scams are so
• 35:57
  Speaker 1: fun is because it.
• 35:58
  Speaker 4: Is you're pulling it off.
• 35:59
  Speaker 1: Yeah, so I think that he's probably having the time
• 36:01
  Speaker 1: of his life.
• 36:02
  Speaker 4: Thank you for explaining this stuff. This is helpful. I
• 36:04
  Speaker 4: really understand.
• 36:04
  Speaker 1: And also I feel like when you're a career scammer,
• 36:07
  Speaker 1: you don't look at your scam as a scam anymore.
• 36:10
  Speaker 1: It's a profession to you because truly everything is a start.
• 36:13
  Speaker 4: You hold it with you hold it with respect, almost
• 36:16
  Speaker 4: like this is what I do.
• 36:17
  Speaker 1: Like the parking authority is a scam organization, Like you're
• 36:20
  Speaker 1: just going to make me give you money because I
• 36:22
  Speaker 1: put my car somewhere you told me not to.
• 36:24
  Speaker 3: Like, that's a scam. That's not a real organization, you
• 36:27
  Speaker 3: know what I mean.
• 36:28
  Speaker 4: And that is a real but that is a real organization.
• 36:31
  Speaker 1: Yeah, because we said so, we could stop saying so,
• 36:33
  Speaker 1: and then it no longer would be.
• 36:35
  Speaker 4: But then everything's a scam.
• 36:36
  Speaker 3: Right, Yes, everything is a scam, So that's no.
• 36:40
  Speaker 4: But scam implies the word. My connotation for the word
• 36:43
  Speaker 4: scam implies some criminality or some hoodwinkery where someone is
• 36:49
  Speaker 4: being duped out of something that they're not completely aware of.
• 36:52
  Speaker 4: Like you can get a if you give someone a
• 36:54
  Speaker 4: shitty loan, that's a scam. You're scamming them. But like
• 36:58
  Speaker 4: if I give you a loan that it's like two percent.
• 37:01
  Speaker 4: Let's say it's two percent. It's not it's not great,
• 37:03
  Speaker 4: but it's sort of what the real market is and
• 37:05
  Speaker 4: you sort of are able to pay it. I'm not
• 37:08
  Speaker 4: in the business, even though I respect the concept of
• 37:11
  Speaker 4: money and digital transfers. Like, that's a scam, but like
• 37:14
  Speaker 4: in that context, isn't that like a real thing and
• 37:17
  Speaker 4: not a scam? Nah, that's a.
• 37:18
  Speaker 1: Scam because think about it. I give ninety three dollars
• 37:21
  Speaker 1: to the parking authority. What is that ninety three dollars ago?
• 37:24
  Speaker 1: I don't know, I still got potholes.
• 37:27
  Speaker 4: Well, the money probably the money probably goes to some
• 37:31
  Speaker 4: city account.
• 37:32
  Speaker 3: Well we don't know, and truly we don't know what
• 37:35
  Speaker 3: they're doing with it.
• 37:36
  Speaker 1: But because it's a scam. You get the DMV four
• 37:40
  Speaker 1: hundred dollars every year for what to verify your plates
• 37:43
  Speaker 1: that were already verified. What they doing with that money
• 37:45
  Speaker 1: making more of those little paper things that you pull
• 37:47
  Speaker 1: out with the numbers on them.
• 37:48
  Speaker 3: It's all a scam.
• 37:50
  Speaker 1: So I just think it. Like so, I just think
• 37:53
  Speaker 1: that certain scams we've all accepted, our rules, laws are
• 37:57
  Speaker 1: a scam, you know what I mean? Like there were
• 37:59
  Speaker 1: laws that said that I couldn't be in here with you,
• 38:01
  Speaker 1: Matt scam. Scam laws laws locked up a lot of
• 38:05
  Speaker 1: black people from spelling weed, and now we got wheat
• 38:07
  Speaker 1: apple stores. So it's like, I understand that you could
• 38:11
  Speaker 1: feel like what you're doing is actually legitimate and also
• 38:14
  Speaker 1: maybe helping people, because technically what he's doing is just like,
• 38:17
  Speaker 1: if you need some money, I took some money from
• 38:19
  Speaker 1: over here and I gave it to you. If you
• 38:21
  Speaker 1: need some money, I did the same. The only issue
• 38:23
  Speaker 1: was is that in two thousand and eight the housing
• 38:26
  Speaker 1: market permitted and that affected everybody, so that.
• 38:30
  Speaker 4: Everybody needed their money and Bernie never had the money.
• 38:35
  Speaker 1: So, really is George Bush's fault that Bernie Sanders went
• 38:38
  Speaker 1: to jail.
• 38:39
  Speaker 4: Bernie Sanders.
• 38:45
  Speaker 1: The aike come on, oh wait man named Bernet that
• 38:51
  Speaker 1: Bernie made off went to jail. Technically, really Bill Clinton's
• 38:54
  Speaker 1: fault because Bill Clinton is who deregulated the banking industry,
• 38:58
  Speaker 1: and that's how we got here with this whole thing. Anyway,
• 39:02
  Speaker 1: So getting caught, Bernie employed his brother Peter, Peter's daughter
• 39:06
  Speaker 1: Shane A. Man Off, and his two sons, Eric and Mark,
• 39:08
  Speaker 1: which I talked about earlier, So he kept it in
• 39:10
  Speaker 1: the family. He kept it close because you know, basically,
• 39:12
  Speaker 1: Bernie probably got like.
• 39:13
  Speaker 4: The Trump, like Trump's criminality. He keeps it in the family. Yes,
• 39:17
  Speaker 4: the circus of criminals.
• 39:19
  Speaker 1: And we should always know that you're looking at a
• 39:21
  Speaker 1: scammer when they're surrounded by their family, because those are
• 39:23
  Speaker 1: people that they have one like spat out and made
• 39:26
  Speaker 1: and manipulated for their entire life.
• 39:28
  Speaker 3: So those are the people that they can.
• 39:30
  Speaker 4: Trust, the mugs, good soldiers.
• 39:32
  Speaker 1: I feel like Bernie was probably running like the White Empire,
• 39:35
  Speaker 1: like every day, like his family was having drama and like, oh,
• 39:39
  Speaker 1: Who's gonna steal the company? Like That's why I love
• 39:41
  Speaker 1: about the show Empires that they have no research assistants,
• 39:44
  Speaker 1: so they have to keep everything very vague and just
• 39:46
  Speaker 1: say the company because they don't have any actual like
• 39:50
  Speaker 1: insight into what happens in business. And they're just like
• 39:52
  Speaker 1: I saw Fred out back, he was trying to steal
• 39:55
  Speaker 1: the company. Him and Tim went to dinner last night.
• 39:59
  Speaker 1: I think they talking about the company. I love it.
• 40:02
  Speaker 1: It's so vague, So I feel like Bernie's family there
• 40:05
  Speaker 1: probably was so much drama and so many things I
• 40:08
  Speaker 1: want to know about. I'm sure that there's a movie there.
• 40:10
  Speaker 4: I caught some of the Robert de Niro portrayal of
• 40:14
  Speaker 4: him on the I think they did like a mini
• 40:16
  Speaker 4: series of Bernie made Off, and the way he was
• 40:19
  Speaker 4: playing him. I only saw like one of the episodes.
• 40:22
  Speaker 4: It's a couple, but he was playing I'm sort of
• 40:24
  Speaker 4: like this guy who was organizing his son's wedding and
• 40:27
  Speaker 4: like freaking out about the china and barking at the help.
• 40:31
  Speaker 4: But that was like one piece of the story that
• 40:34
  Speaker 4: I happened to look into. So I guess if you're
• 40:37
  Speaker 4: super wealthy and like you get to be live like
• 40:42
  Speaker 4: a king, then you get to be an asshole about
• 40:46
  Speaker 4: your collections of things, your cars, your homes, your your spas,
• 40:52
  Speaker 4: your vacations, your hotel rooms. Like I bet they take
• 40:56
  Speaker 4: great delight in like shitting on people, don't them exactly
• 41:00
  Speaker 4: what they.
• 41:01
  Speaker 1: Want right, and also being riches. I'm sure very exhausting
• 41:04
  Speaker 1: because living opulently is a lot of work, you know
• 41:08
  Speaker 1: what I mean. You can't just call an uber, you
• 41:10
  Speaker 1: have to have your call service, and like you have
• 41:12
  Speaker 1: to hire people to maintain your richness. So Bernie confessed
• 41:17
  Speaker 1: to his sons who work at his firm, that he
• 41:20
  Speaker 1: and they claim they were not aware of the scheme.
• 41:24
  Speaker 1: They said, he confessed, Hey, guys, I've been running a
• 41:29
  Speaker 1: Ponzi scheme. He was like, Mark Andrew, get in here,
• 41:32
  Speaker 1: Hey guys, I've been running a Ponzi scheme. And they
• 41:35
  Speaker 1: were like, what all.
• 41:37
  Speaker 3: This money that came out of nowhere?
• 41:39
  Speaker 1: Not legitimate? This is what they claim. So Andrew turns
• 41:45
  Speaker 1: his father in the next day, which I was like, what, like,
• 41:50
  Speaker 1: you don't drop down on your daddy. I'm so cooled.
• 41:53
  Speaker 4: Well, that makes me think that it's real that their awareness,
• 41:58
  Speaker 4: or at least that would make me think that, oh
• 42:00
  Speaker 4: my god, that is an argument for it probably was
• 42:03
  Speaker 4: dropped the day before.
• 42:06
  Speaker 1: Sounds made up to me. It does like, first of all,
• 42:09
  Speaker 1: there's no way in hell that they didn't know that
• 42:11
  Speaker 1: their dad was doing crime. They were too close to
• 42:14
  Speaker 1: the crimes. They definitely knew that this was a crime.
• 42:17
  Speaker 1: I feel like he was about to get in trouble
• 42:20
  Speaker 1: so they dropped on on him, but he kept his
• 42:23
  Speaker 1: family and his wife out of it. They had to
• 42:26
  Speaker 1: have known. There's a link of Andrew made off talking
• 42:31
  Speaker 1: about turning his father in.
• 42:33
  Speaker 5: We knew that we couldn't live with this information and
• 42:38
  Speaker 5: not do something about it, and we knew we needed
• 42:40
  Speaker 5: to speak to an attorney, and we knew that that
• 42:43
  Speaker 5: was going to lead to us turning him in, but
• 42:46
  Speaker 5: we didn't know how to do that, you know, knowing
• 42:49
  Speaker 5: the right thing to do and then knowing how to
• 42:51
  Speaker 5: do it or two totally different things, and we needed help.
• 42:53
  Speaker 1: You so think he's playing his head off absolutely? First
• 42:57
  Speaker 1: of all, what do you mean, you don't know how
• 42:58
  Speaker 1: to say it?
• 42:59
  Speaker 4: Feel like a good shoes or something. I kind of
• 43:01
  Speaker 4: believe that.
• 43:02
  Speaker 1: Oh I don't.
• 43:02
  Speaker 3: Believe that guy at all.
• 43:03
  Speaker 1: First of all, snitching is easy.
• 43:05
  Speaker 3: Look at the Kashi.
• 43:06
  Speaker 1: You's snitching on people that he like, we didn't even
• 43:08
  Speaker 1: ask for. He's snitching on everybody. He's like, also, somebody
• 43:11
  Speaker 1: double parked outside, so let me get a license plate,
• 43:14
  Speaker 1: Like he stitched on everybody.
• 43:16
  Speaker 3: Snitching is easy. You just go down to the police house.
• 43:19
  Speaker 1: That's what I call it, precinct. Yeah, you go down
• 43:21
  Speaker 1: to the police house the precinct as you call it,
• 43:25
  Speaker 1: and you dropped dime on your dad, Like, it's very easy.
• 43:28
  Speaker 1: I think that they went to a lawyer because they
• 43:30
  Speaker 1: were like, we are heavily implicated in this, and how
• 43:32
  Speaker 1: do we snitch in a way.
• 43:35
  Speaker 3: Yeah, exactly.
• 43:38
  Speaker 1: Also, it was gonna come out because after the market collapsed,
• 43:42
  Speaker 1: people wanted their money. And when people ask for their
• 43:45
  Speaker 1: money and you say I don't have it, people are gonna.
• 43:47
  Speaker 3: Start looking like, hmmm, probably a crime.
• 43:50
  Speaker 4: So it's so there's no so let me just start
• 43:53
  Speaker 4: to interrupt you. But there's no world where you believe
• 43:56
  Speaker 4: that these kids who are inside the business and the brother, like,
• 44:00
  Speaker 4: I feel like the brother might have known, but I
• 44:02
  Speaker 4: feel like the kids who like grew up when their
• 44:05
  Speaker 4: dad before he started the Nasdaq, and like they weren't
• 44:09
  Speaker 4: even in the business yet. There's no world where he
• 44:12
  Speaker 4: could have kept because he obviously fooled the world. His
• 44:16
  Speaker 4: father was fooling the world for seventeen years that we
• 44:18
  Speaker 4: know of the insanity that was built upon you know,
• 44:23
  Speaker 4: imminent collapse at any given moment. There's no world where
• 44:28
  Speaker 4: those kids, certainly in this moment especially, could be truthfully
• 44:33
  Speaker 4: saying like we didn't know that it was this deep,
• 44:35
  Speaker 4: that it was this huge.
• 44:37
  Speaker 3: Absolutely not absolutely not. They're too close to it.
• 44:44
  Speaker 1: You don't work for a company and not know that
• 44:46
  Speaker 1: the company is a scam. You just don't, like I've
• 44:49
  Speaker 1: worked for so many Yeah.
• 44:50
  Speaker 4: You're probably right, it's financials too, You're.
• 44:52
  Speaker 1: Right, Yeah, And I figured out scams at every company
• 44:55
  Speaker 1: I've worked that I used to man. I used to
• 44:57
  Speaker 1: wait tables, and I learned the manager's code and then
• 45:00
  Speaker 1: I would just do all the manager's job for them
• 45:02
  Speaker 1: because they'd be drunk and coked out. This was in Hampton's,
• 45:04
  Speaker 1: So I became the manager, and I could have literally
• 45:07
  Speaker 1: been stealing money. I wasn't because I'm not a thief,
• 45:09
  Speaker 1: but I had all the coldes, like if there's a
• 45:12
  Speaker 1: scam to be had, people will figure it out.
• 45:15
  Speaker 4: Right.
• 45:16
  Speaker 1: It's just human nature, like if something is weird or flawed,
• 45:18
  Speaker 1: you're kind of like, hmm, this isn't not enough. Like
• 45:20
  Speaker 1: they definitely knew, definitely I would put money on it. Yeah,
• 45:24
  Speaker 1: And I think that that's why they went to talk
• 45:25
  Speaker 1: to lawyers beforehand, because they had to figure out what
• 45:28
  Speaker 1: was going to be, like what they should actually say
• 45:30
  Speaker 1: and what they should have said.
• 45:31
  Speaker 4: Well, they're rich people too, They're always going to bring
• 45:33
  Speaker 4: a lawyer with them at this point in their lives, right, right.
• 45:36
  Speaker 1: But I think the reason that Bernie Madoff had them
• 45:38
  Speaker 1: drop dive on him is because he wanted to absolve his.
• 45:42
  Speaker 3: Family from any guilt.
• 45:43
  Speaker 1: He probably didn't want to take down his family with him,
• 45:45
  Speaker 1: so he had them all pretend that they didn't know
• 45:47
  Speaker 1: what they knew. So we knew. We couldn't live with
• 45:50
  Speaker 1: this information and not do something about it. That's what
• 45:53
  Speaker 1: Andrew Madeoff said. And poor Andrew. He died of lymphoma.
• 45:57
  Speaker 1: And I find like stress like you know how, like
• 45:59
  Speaker 1: everybody in the OJ case like that of like cancers.
• 46:02
  Speaker 3: Like you know what I mean, when you be real stressed.
• 46:03
  Speaker 4: Out, evil manifests itself and stress about evil gives you cancer.
• 46:09
  Speaker 1: Well, I think you have to be somebody who cares
• 46:11
  Speaker 1: to stress, you know what I mean, Like doms live
• 46:13
  Speaker 1: forever because his doesn't as fuck. Yeah, So I think
• 46:17
  Speaker 1: you have to if you have guilt or stress like that,
• 46:19
  Speaker 1: you know manifest So it says that's that's what Andrew
• 46:22
  Speaker 1: Madoff said of Bernard Madeoff when he was talking about
• 46:25
  Speaker 1: his decision to go to the FBI. You know, he
• 46:26
  Speaker 1: couldn't live with it anymore. He admitted to investigators that
• 46:29
  Speaker 1: he had lost fifty billion dollars of his investments or investors' money.
• 46:34
  Speaker 1: Bernie Madoff has always claimed he acted alone, but federal
• 46:37
  Speaker 1: prosecutors thought that that couldn't possibly be true, and so
• 46:39
  Speaker 1: did that doing so would require testimony from a true insider.
• 46:43
  Speaker 1: Frank DiPascali fit the bill perfectly, so Frank Debiscali was
• 46:48
  Speaker 1: Madeoff's chief financial officer and right hand man, So this
• 46:51
  Speaker 1: man definitely knew.
• 46:53
  Speaker 4: About the story.
• 46:54
  Speaker 1: He pleaded guilty to ten felony accounts in two thousand
• 46:56
  Speaker 1: and nine and proceeded to sing like a good narr
• 47:00
  Speaker 1: Pascal told stories included he was basically like the white
• 47:02
  Speaker 1: collar Takashi six nine. He told him that he they
• 47:06
  Speaker 1: would produce stacks of false records for SEC examiners, and
• 47:11
  Speaker 1: then he told them told him about the refrigerated trick,
• 47:14
  Speaker 1: which I think is an excellent trick. I don't know
• 47:16
  Speaker 1: if he hadn't start.
• 47:17
  Speaker 4: Yeah, that's like counterfeit, Like counterfeiters probably do that. If
• 47:20
  Speaker 4: you got to use the money fast, you got to
• 47:22
  Speaker 4: cool it off, cool it real, quick, print that money
• 47:24
  Speaker 4: and cool it off. We need to use it today, right.
• 47:27
  Speaker 1: He also were like, why are these bills hot? It
• 47:31
  Speaker 1: was real high in my car. He also recounted how
• 47:34
  Speaker 1: he and the other officers tossed the stack around the
• 47:38
  Speaker 1: office like a football to make it appear to be worn.
• 47:41
  Speaker 3: So they would they would take the books.
• 47:44
  Speaker 1: And throw them back and forth at each other, like, yeah, yeah,
• 47:46
  Speaker 1: these are real old books. I'm like, well, did you
• 47:48
  Speaker 1: put it in the oven trying to make it turn brown?
• 47:51
  Speaker 1: A little bit? Like how old the book's supposed to
• 47:53
  Speaker 1: look by the time you get him to like look
• 47:55
  Speaker 1: like they were written in the nineteen sixty or not even, Like,
• 47:58
  Speaker 1: I don't know, this is insane. So they would throw
• 48:00
  Speaker 1: this around the office like a football. Damascali faced up
• 48:05
  Speaker 1: to one hundred and twenty five years in prison for
• 48:07
  Speaker 1: his own crimes, but he died of lung cancer in
• 48:10
  Speaker 1: twenty fifteen, four months before his schedule sentencing.
• 48:14
  Speaker 4: Wow.
• 48:15
  Speaker 1: I think that's a.
• 48:15
  Speaker 3: Great way to go out, you know what I mean,
• 48:17
  Speaker 3: you die before you go.
• 48:18
  Speaker 4: He got lucky. He did the only thing good about
• 48:21
  Speaker 4: his dying. You know, he didn't have to go to jail, right.
• 48:24
  Speaker 1: Wow. Also, it's insane that he was going to face
• 48:26
  Speaker 1: one hundred and twenty five years for stealing people's money.
• 48:29
  Speaker 1: That feels excessive. Yeah, that's too long, like money stealing
• 48:35
  Speaker 1: now murder, But I know people are murdering people who
• 48:37
  Speaker 1: are getting way less time. That's crazy.
• 48:40
  Speaker 4: Yeah, these kids totally knew.
• 48:43
  Speaker 1: Absolutely they were probably throwing officer. You see like the office.
• 48:47
  Speaker 4: Do you see your chief financial officer hucking back and
• 48:50
  Speaker 4: forth a big old library size accounting register for the year.
• 48:56
  Speaker 4: You're like, what what do we do here?
• 48:58
  Speaker 1: What is Fred doing?
• 49:00
  Speaker 3: Why do we have to throw the books around before
• 49:02
  Speaker 3: the end day?
• 49:02
  Speaker 4: Piscal? Like, why do we put the annual reports in
• 49:05
  Speaker 4: the refrigerator?
• 49:06
  Speaker 1: Yo? Who took my beef stroking off out the fridge?
• 49:09
  Speaker 1: The fridge is just full of paperwork.
• 49:11
  Speaker 3: Now, man, this is y'all have fish.
• 49:13
  Speaker 1: I know you, I don't like when I heat up
• 49:15
  Speaker 1: the fish in the office, but damn, like, there's no
• 49:18
  Speaker 1: way you walk around this office and people were doing
• 49:21
  Speaker 1: this shit crazy. I watched The Wolf of Wall Street
• 49:24
  Speaker 1: and I thought, like, offices probably were pretty insane, you
• 49:27
  Speaker 1: know before like hr like regulations and yeoples. So I'm
• 49:30
  Speaker 1: sure people were doing some wild shit in the office place. Yeah,
• 49:34
  Speaker 1: so maybe you could pass it.
• 49:36
  Speaker 4: I don't know, or was there ever like a legit
• 49:39
  Speaker 4: like does someone like that have like a legit art store?
• 49:42
  Speaker 4: Just randomly say no, like for real, like it's just
• 49:45
  Speaker 4: its own company. I don't know anything about b any Man.
• 49:48
  Speaker 4: I do sort of but not really what he owned.
• 49:50
  Speaker 4: Did he have businesses that just were their own thing
• 49:53
  Speaker 4: that Like, you would give Fredo a restaurant in the family, right,
• 50:00
  Speaker 4: you're gonna get Fredo the restauran. Let Fredo run the restaurant.
• 50:02
  Speaker 4: Let them days managing the Restaurantah, I.
• 50:05
  Speaker 1: Get what you're saying. Might have had some legitimate businesses, Yeah, yeah,
• 50:09
  Speaker 1: but I feel like it's weird to have all your
• 50:11
  Speaker 1: kids work for you and not have them working close
• 50:13
  Speaker 1: to you, because those are the people you can probably
• 50:15
  Speaker 1: trust the most. Like, look at fred to Piscali. He
• 50:17
  Speaker 1: not told all the secrets. He can't talk about the fridge,
• 50:18
  Speaker 1: about the sec catch like he told everything.
• 50:21
  Speaker 4: So what happened to the kids? Did they get prosecuted?
• 50:25
  Speaker 3: So they did not get prosecuted.
• 50:27
  Speaker 1: December eleven, two thousand and eight, made Off is arrested
• 50:30
  Speaker 1: on one count of securities fraud. Then he's released on
• 50:33
  Speaker 1: a ten million dollar bail. December seventeenth, made Off is
• 50:36
  Speaker 1: placed on house arrests, which like, when you live in
• 50:39
  Speaker 1: a mansion, what is house arrest?
• 50:40
  Speaker 3: That sounds so nice.
• 50:42
  Speaker 1: March twelfth, two thousand and nine, made Off pleads guilty
• 50:45
  Speaker 1: to eleven felony charges including money laundering, perjury.
• 50:48
  Speaker 3: False filings with the SEC, and fraud.
• 50:51
  Speaker 1: There is no deal with the government associated with the
• 50:53
  Speaker 1: guilty police, so he didn't even get the hook up
• 50:55
  Speaker 1: because like when you're the ring leader, right, we're looking
• 50:59
  Speaker 1: for you.
• 51:00
  Speaker 3: Other people would get a deal, but not you.
• 51:02
  Speaker 1: So marsh twenty in two thousand and nine and appeal
• 51:04
  Speaker 1: court rules that made off Of remain in jail until
• 51:07
  Speaker 1: sentencing April first, which is trash, Like he had to
• 51:11
  Speaker 1: like stay in jail. That's wild. He's pretty old too.
• 51:13
  Speaker 1: Federal Marshall sees made offs yacht, a smaller boat, and
• 51:18
  Speaker 1: one of his homes in Florida as court ordered seizures
• 51:21
  Speaker 1: of the financiers assets start to begin. So now now
• 51:23
  Speaker 1: the government's just taking all this shit back. Now, what
• 51:26
  Speaker 1: happens when the government sees is something is it just
• 51:28
  Speaker 1: goes to auction.
• 51:29
  Speaker 4: I would think they have to auction it because the
• 51:31
  Speaker 4: government doesn't need a mansion in Palm Beach, Florida.
• 51:34
  Speaker 1: Right, I mean now they probably would. Trump would use
• 51:37
  Speaker 1: a mansion and trumpet. You know what, everything that's so crazy,
• 51:42
  Speaker 1: and you know what the scam is is that he
• 51:44
  Speaker 1: really has used the presidency. He shows up to people's
• 51:46
  Speaker 1: weddings at mar Laco and like does surprise photo ops
• 51:50
  Speaker 1: with them and stuff. So people will book this place
• 51:52
  Speaker 1: hoping that he's going to show up and be at
• 51:54
  Speaker 1: their way.
• 51:55
  Speaker 4: He's that low class person like.
• 51:58
  Speaker 1: You are this current president.
• 52:00
  Speaker 4: Damn, let me go, let me go say hi to
• 52:02
  Speaker 4: the folks at the steakhouse, like n.
• 52:05
  Speaker 1: Trump is a true scammer. Like how you gonna be
• 52:07
  Speaker 1: doing club appearances? You the president? Go back to work, bro,
• 52:13
  Speaker 1: he literally does club appearances. I cannot take it. I
• 52:16
  Speaker 1: feel like I'm from like, oh and tonight Donald Trump
• 52:18
  Speaker 1: in battle service.
• 52:20
  Speaker 4: Like what, We've got a terrific new property in Tahiti.
• 52:25
  Speaker 4: I just want to tell you about right. He's like no,
• 52:28
  Speaker 4: he's never more happy than making a pitch for another
• 52:33
  Speaker 4: way to make money for his family, real estate holds, whatever.
• 52:37
  Speaker 1: Which is just it's crazy that we're just letting him
• 52:39
  Speaker 1: get this money grab. Like nobody's ever taken the presidency
• 52:42
  Speaker 1: has a bigger money grab than Donald Trump.
• 52:44
  Speaker 4: Yeah.
• 52:45
  Speaker 3: He's getting in every way possible.
• 52:47
  Speaker 4: Yeah, and he's scamming constantly to keep it, keep it together.
• 52:52
  Speaker 4: They will get him.
• 52:53
  Speaker 1: I mean honestly, at some point I will have to
• 52:54
  Speaker 1: do a Donald Trump scam got his episode because he
• 52:56
  Speaker 1: is a true scammer. Now I can't praise him because
• 52:58
  Speaker 1: he's a garbage human, but man, oh man, does he scam.
• 53:02
  Speaker 1: April first, two thousand and nine, Federal Marshall sees the yacht,
• 53:05
  Speaker 1: the smaller boat, all of these things. June twenty nine,
• 53:07
  Speaker 1: two thousand and nine, made Off is sentenced to one
• 53:10
  Speaker 1: hundred and fifty years in risen. July fourteenth, made Off
• 53:15
  Speaker 1: arrives at Buttoner Federal Correction Complex in North Carolina to
• 53:19
  Speaker 1: begin serving his sentence, and in October second, two thousand
• 53:22
  Speaker 1: and nine, a one hundred and ninety nine million dollar
• 53:24
  Speaker 1: lawsuit filed against Madoff's son, his brother, Pete made Off
• 53:28
  Speaker 1: his knee Shane A. Madoff. So basically the whole family,
• 53:31
  Speaker 1: Like they pulled up at the film reunion. They were like,
• 53:32
  Speaker 1: we're serving you. We're serving you.
• 53:34
  Speaker 3: You are served. You are also served.
• 53:36
  Speaker 4: Like was that a independent Was that a government lawsuit
• 53:40
  Speaker 4: or those were independent laws?
• 53:41
  Speaker 1: These are independent lawsuits.
• 53:42
  Speaker 4: So private citizens were suing them or you can take it.
• 53:46
  Speaker 1: Kevin Bacon, people, nobody puts baby in a corner JK.
• 53:49
  Speaker 1: And that's not givin Bacon, but you know he got served, yeah, Jay, Yeah,
• 53:53
  Speaker 1: Kevin Bacon got foot loose on them hose.
• 53:54
  Speaker 3: You know what I mean, he was Kevin Baker.
• 53:56
  Speaker 1: Was probably at home dancing really aggressively outside in the rain,
• 53:59
  Speaker 1: and you know, because he got scammed. But Bernie made off.
• 54:03
  Speaker 1: So after he finished dancing by himself, he went and
• 54:07
  Speaker 1: he filed a lawsuit. So Madoff's wife and high school sweetheart, Ruth,
• 54:13
  Speaker 1: Ruth truly is the beginning of all these gamps because
• 54:17
  Speaker 1: remember Bernie got that loan from Ruth's parents.
• 54:20
  Speaker 4: Yeah, Bernie married into money.
• 54:22
  Speaker 1: Yeah, So Ruth was never implicated in her husband's crimes,
• 54:26
  Speaker 1: even though I'm sure Ruth was back there season in
• 54:28
  Speaker 1: them books, honey, like just giving them all types of flavor.
• 54:31
  Speaker 1: You know, them books probably taste like old bait. The
• 54:34
  Speaker 1: books have never been cooked better, like all these books
• 54:38
  Speaker 1: taste good like crime. So you know she's probably involved.
• 54:42
  Speaker 1: But she agreed to forfeit seventy five million dollars in
• 54:45
  Speaker 1: assets that were held in her name, including the couple's
• 54:48
  Speaker 1: upper east Side apartment, damn not the big apartment in
• 54:51
  Speaker 1: the sky. The settlement with the federal prosecutors left her
• 54:54
  Speaker 1: with two point five million dollars, which she reportedly allows
• 54:58
  Speaker 1: her to leave a comparatively modest life in Old Greenwich, Connecticut.
• 55:03
  Speaker 4: She had more money than that. There was more money somewhere.
• 55:05
  Speaker 1: Well, yeah, come now islands, Ruth Islands. Everybody's keeping their
• 55:09
  Speaker 1: money in islands, right, I guarantee she has so so
• 55:14
  Speaker 1: much more money. She's probably a scammer too. Look, scammer's
• 55:17
  Speaker 1: no scammer. She married a scammer and stayed married to
• 55:20
  Speaker 1: him for like fifty sixty years. Dark facts. The family
• 55:25
  Speaker 1: lost their fortune, friends, and reputation, because that's the other thing.
• 55:28
  Speaker 1: Is like now they can't even pull up to the
• 55:30
  Speaker 1: yacht club no more on one. The yacht's gone, right,
• 55:33
  Speaker 1: so they can't pull up. But even if they walked
• 55:35
  Speaker 1: up to the yacht club, everybody's gonna be whispered about
• 55:38
  Speaker 1: them because they did like the most horrible thing you
• 55:41
  Speaker 1: can do to other rich people, which is well, I
• 55:43
  Speaker 1: think they.
• 55:44
  Speaker 4: Tell them you're not a yacht member and you're not
• 55:46
  Speaker 4: a yacht club member. That's what rich people would do.
• 55:49
  Speaker 1: They would take away the members.
• 55:53
  Speaker 3: And they would stop talking to them.
• 55:55
  Speaker 1: They'd be like Baxton Gorson, what are orson? You know?
• 55:59
  Speaker 1: Other names like like, we can't talk to you anymore. Mark.
• 56:03
  Speaker 4: No, it's not even bad. Rich people don't even talk
• 56:06
  Speaker 4: to each other, just like get out of their car
• 56:08
  Speaker 4: and go to their locker and then they play golf
• 56:11
  Speaker 4: by themselves and then they get back in their car.
• 56:16
  Speaker 1: That's it.
• 56:17
  Speaker 4: I don't country club life.
• 56:19
  Speaker 1: Yeah, it's not that I say, are you country club member?
• 56:23
  Speaker 4: I'm not. My dad was when we were kids, pre
• 56:26
  Speaker 4: my dad was true. Yeah, I like golf, but country
• 56:29
  Speaker 4: cove life. I don't necessarily like it all.
• 56:31
  Speaker 3: I liked it, but I didn't like the nicer ones.
• 56:34
  Speaker 1: It's all because the nicer ones didn't have golf carts,
• 56:36
  Speaker 1: because that's like not a thing at nice golf clubs.
• 56:39
  Speaker 1: And I was like, I'm not able to actually physically
• 56:40
  Speaker 1: caddy for you. This is slavery.
• 56:42
  Speaker 4: I'm not doing it.
• 56:43
  Speaker 1: I was like, when you had the cart, it was cute.
• 56:45
  Speaker 1: I would drive around that was lit. But now carry
• 56:48
  Speaker 1: back cart. Yeah no, no, no, But so I guess
• 56:51
  Speaker 1: you're right. So yeah, it's like Langston and Norston just
• 56:54
  Speaker 1: don't talk to them anymore.
• 56:56
  Speaker 4: Yeah, I'm sure.
• 56:58
  Speaker 3: They walk into a room and then it just fills
• 57:00
  Speaker 3: with whispers.
• 57:02
  Speaker 4: I wonder if like it's interesting because they're all at
• 57:05
  Speaker 4: the same private schools too.
• 57:06
  Speaker 1: Yeah, kids are so.
• 57:08
  Speaker 3: They like really ruined their lives.
• 57:10
  Speaker 4: To cancer on the wealthy culture.
• 57:13
  Speaker 1: And then twenty ten, Mark, the eldest son, unfortunately committed
• 57:17
  Speaker 1: suicide on the second anniversary of his father's arrest.
• 57:21
  Speaker 4: He went first, or lymphoma son.
• 57:24
  Speaker 1: He went first, and then Andrew died of lymphoma September third,
• 57:27
  Speaker 1: twenty fourteen. Oh so, yeah, it was a rough time
• 57:30
  Speaker 1: for the kids afterwards. And like I said, Bernie had
• 57:33
  Speaker 1: many high profile victims, including director Steven Spielwer, actors Kevin Bacon,
• 57:38
  Speaker 1: Kira Sedgwick, and the New York Mets owner Fred Willpong,
• 57:41
  Speaker 1: which I feel like when start getting famous people involved,
• 57:43
  Speaker 1: like it's it's a wrap. Two thousand and eight, made
• 57:47
  Speaker 1: off controlled billions of investments. In twenty thirteen, he earned
• 57:50
  Speaker 1: forty dollars per month doing prison labor. Talk about a
• 57:53
  Speaker 1: pay cut.
• 57:54
  Speaker 4: And is he still with us? Yes, he's still in Carolina.
• 57:59
  Speaker 1: Yeah, And it says that sixteen five and nineteen investors
• 58:03
  Speaker 1: have filed claims against Maytom. Now I think that.
• 58:06
  Speaker 4: If you shouldn't the government liquidate that mansion and create
• 58:10
  Speaker 4: a fund for victims.
• 58:12
  Speaker 1: I feel like that's not how a government works.
• 58:13
  Speaker 4: They don't do that. They'll just turn it, they'll just
• 58:15
  Speaker 4: sell it to Wells fargus.
• 58:17
  Speaker 1: There's never any restitution, and I always think that's fucked
• 58:19
  Speaker 1: about the government too. Is like, I don't think that
• 58:21
  Speaker 1: Felicity Helfman should have gone to jail for two weeks
• 58:23
  Speaker 1: for uh, you know, trying to scam the college thing.
• 58:26
  Speaker 1: I think she should have paid half a million dollars
• 58:28
  Speaker 1: and it should have been a scholarship for underprivileged students
• 58:31
  Speaker 1: who need that money. Like, what what do we get
• 58:34
  Speaker 1: out of seeing a beautiful white lady to go to jail?
• 58:36
  Speaker 3: What do we get out of that?
• 58:38
  Speaker 4: And that creates the myth that even rich people have
• 58:41
  Speaker 4: to pay.
• 58:41
  Speaker 1: But it's not even paying, that's not even equality.
• 58:44
  Speaker 3: Like she was having these damn meetings.
• 58:46
  Speaker 1: Talking about, well, you know, I'm just spending time with
• 58:47
  Speaker 1: my family before I go away. I'm like, which, I know,
• 58:50
  Speaker 1: you probably went away longer shooting one of them TV shows.
• 58:52
  Speaker 1: It's like, you're going away for two weeks, two weeks,
• 58:57
  Speaker 1: and like there are black people who go way longer
• 58:59
  Speaker 1: for doing this thing. But I don't know, it's just
• 59:02
  Speaker 1: I'm just like, I feel like there's a different way
• 59:04
  Speaker 1: that could actually be restorative justice than us just putting
• 59:07
  Speaker 1: you in jail for show.
• 59:09
  Speaker 4: So if you had, say they liquidated five hundred million
• 59:14
  Speaker 4: dollars worth of ass cents, Yeah, that's not I don't know.
• 59:16
  Speaker 4: Those people have art and stuff. What would you would
• 59:19
  Speaker 4: just create a fund for what would you do?
• 59:23
  Speaker 1: See that's the hard part because then it's like, all
• 59:25
  Speaker 1: these people are owed money from Bernie, so I guess
• 59:28
  Speaker 1: the money should go to them. I don't know how
• 59:31
  Speaker 1: this works. But also like, if you're one of sixteen
• 59:33
  Speaker 1: thousand people who got ripped off by Bernie made Uck,
• 59:35
  Speaker 1: I think you got charge it to the game. I
• 59:37
  Speaker 1: don't know if you're gonna get that money back. I
• 59:39
  Speaker 1: think you really just got to charge it to the game,
• 59:41
  Speaker 1: especially the people with lower amounts of money. Then Look,
• 59:44
  Speaker 1: I gave Bernie one thousand dollars in two thousand and two,
• 59:48
  Speaker 1: and when I'm gonna get it back and up, ma'am,
• 59:50
  Speaker 1: we're not. We're not going to give you back your money.
• 59:53
  Speaker 3: Let it go.
• 59:54
  Speaker 4: House House wins.
• 59:57
  Speaker 1: Yeah. Yeah, exactly like Alantic City, y'all go have to
• 1:00:00
  Speaker 1: get out here and get your banana hammocks. Or if
• 1:00:02
  Speaker 1: you're classy like Matt Is, you're going down to the
• 1:00:05
  Speaker 1: Ritz Canton and you say, the Atlantic.
• 1:00:07
  Speaker 4: City has a Ritz Carlton whatever, the nicest.
• 1:00:10
  Speaker 1: I don't know, the nicest thing in it in Atlanta.
• 1:00:15
  Speaker 4: No, you gotta go to the bar. That's four seasons, Like, okay,
• 1:00:19
  Speaker 4: do you know what I mean?
• 1:00:20
  Speaker 1: If you're gonna so like a Continental Marriott.
• 1:00:24
  Speaker 4: Is that a nice one?
• 1:00:25
  Speaker 2: Yeah?
• 1:00:25
  Speaker 1: Those are decent.
• 1:00:26
  Speaker 3: Hilton Garden.
• 1:00:27
  Speaker 4: No, that's low. That's too low. That's too low. I
• 1:00:30
  Speaker 4: mean four seasons would be the minimum. Mandarin?
• 1:00:34
  Speaker 1: Do they I'd hang out at the Mandarin Atlantic City?
• 1:00:37
  Speaker 4: I don't know.
• 1:00:39
  Speaker 3: Okay they have a Mandarin though, right.
• 1:00:41
  Speaker 4: They probably do? Right?
• 1:00:42
  Speaker 1: Yeah, these are nice.
• 1:00:42
  Speaker 3: So you go, you put all your nicest banana hammock.
• 1:00:47
  Speaker 1: And both time you're gonna make long eye contact with
• 1:00:50
  Speaker 1: people at the bar. Okay, that's the only way you're
• 1:00:52
  Speaker 1: gonna get your money back. And burning made off because
• 1:00:55
  Speaker 1: he made off with it.
• 1:00:57
  Speaker 3: We've reached our last segment of the show.
• 1:01:00
  Speaker 1: Sorry Scammer of the Week, and this is just a
• 1:01:03
  Speaker 1: segment where I highlight a infamous scammer or you know,
• 1:01:06
  Speaker 1: maybe a little known scammer who I just really think
• 1:01:08
  Speaker 1: is worthy of our praise. So this week's scammer of
• 1:01:14
  Speaker 1: the week is eighteen year old Isaiah Atkins, who became
• 1:01:20
  Speaker 1: a fake state senator to give paid speeches at high schools.
• 1:01:26
  Speaker 1: Atkins claimed to be newly elected state senator who had
• 1:01:29
  Speaker 1: been appointed to replace Republican Senator Dave Burke. He has
• 1:01:33
  Speaker 1: since been charged with telecommunications fraud and impersonation of a
• 1:01:37
  Speaker 1: peace officer. When Atkins showed up to school, he said
• 1:01:41
  Speaker 1: he was there to fill He said he was there
• 1:01:43
  Speaker 1: to fill in for Burke as a guest speaker for
• 1:01:46
  Speaker 1: a social studies class at Mohawk High School. Akins pulled
• 1:01:49
  Speaker 1: up to the small town high school in northern Ohio
• 1:01:51
  Speaker 1: with a drivers and two aids so.
• 1:01:55
  Speaker 4: To pose as a senator or congressmanator as a senator state, yes,
• 1:02:01
  Speaker 4: not a federal, not a fed state center.
• 1:02:03
  Speaker 1: And what I love about this is like, you know,
• 1:02:05
  Speaker 1: people don't read, people don't know that much about their politics,
• 1:02:09
  Speaker 1: especially if we're talking local, you know what I mean.
• 1:02:11
  Speaker 1: And also I love that this is a scam with props.
• 1:02:14
  Speaker 1: I love props. And he came with a driver. Yeah,
• 1:02:20
  Speaker 1: if he had come by himself. I would be like,
• 1:02:21
  Speaker 1: this is bizarre. I don't believe you. But if you
• 1:02:23
  Speaker 1: come with three other higat actors, I don't know, Aids aids.
• 1:02:27
  Speaker 3: I'm believing it. Get them, get them a little wired
• 1:02:30
  Speaker 3: ear piece.
• 1:02:31
  Speaker 1: I'm into it.
• 1:02:32
  Speaker 4: Yeah, you know you can.
• 1:02:33
  Speaker 3: Get that at radio Shack.
• 1:02:34
  Speaker 1: So many fraud utensils you can buy at radio Shack
• 1:02:38
  Speaker 1: and also at Staples. They're necessary and Kinko's, these are
• 1:02:41
  Speaker 1: necessary places for fraudsters. I'm sure anytime you send in
• 1:02:44
  Speaker 1: one of those stories, just know somebody's in there.
• 1:02:46
  Speaker 3: Buying things for crime.
• 1:02:47
  Speaker 1: Yeah, just no. So so Ken Radcliffe, the superintendent for
• 1:02:53
  Speaker 1: the school, set in the statement the presentation, although not polished,
• 1:02:58
  Speaker 1: was one that someone might expect from a young, inexperienced,
• 1:03:01
  Speaker 1: newly appointed senator. The real senator had planned to speak
• 1:03:04
  Speaker 1: in mid January, but a US government teacher at the
• 1:03:07
  Speaker 1: school received a call from eighteen year old acting to
• 1:03:09
  Speaker 1: allegedly claim that Burke had become ill and resigned. So
• 1:03:19
  Speaker 1: and this is like present day. I'm trying to find
• 1:03:22
  Speaker 1: the year that this happened. Cody, can you grab me
• 1:03:24
  Speaker 1: the year that this happened, because I truly need to
• 1:03:27
  Speaker 1: understand why somebody called you and told you that the
• 1:03:30
  Speaker 1: senator was ill and could not resigned.
• 1:03:35
  Speaker 4: Yeah, so.
• 1:03:38
  Speaker 1: He called her.
• 1:03:38
  Speaker 3: It was like, hey, what's up.
• 1:03:40
  Speaker 1: It's me, Isaiah.
• 1:03:42
  Speaker 3: I'm calling because Senator Burke.
• 1:03:43
  Speaker 1: Actually, you know, he got a bad call and he
• 1:03:45
  Speaker 1: decided to quit senator ring.
• 1:03:48
  Speaker 3: So I'm gonna be feeling in for him.
• 1:03:50
  Speaker 1: I what, this line doesn't even sound that plausible. What
• 1:03:55
  Speaker 1: the hell? So Akins had been named the senator's replacement,
• 1:03:59
  Speaker 1: because that's how sick work, and then just get a replacement.
• 1:04:03
  Speaker 1: So he said he would visit in Burke's place, but
• 1:04:05
  Speaker 1: needed to move up the date. Now I need you
• 1:04:08
  Speaker 1: to also realize that this is a US government teacher
• 1:04:11
  Speaker 1: that he called and told the teacher that the senator
• 1:04:16
  Speaker 1: was sick and he was going to be the replacement
• 1:04:20
  Speaker 1: senator because that's how government works.
• 1:04:22
  Speaker 3: You are a US government teacher, syst.
• 1:04:25
  Speaker 1: She needs to be fired. Frankly, she's the one who
• 1:04:29
  Speaker 1: needs to be facing some shit. You're teaching kids about
• 1:04:33
  Speaker 1: US government and literally somebody called you and told you.
• 1:04:37
  Speaker 4: The should have sniffed it out there. Yeah.
• 1:04:39
  Speaker 3: I don't even think she should have sniffed.
• 1:04:40
  Speaker 1: And then that's right in your face. Yeah, he could
• 1:04:44
  Speaker 1: basically just call and be like, hey, I'm lying. Hey,
• 1:04:48
  Speaker 1: I'm about to tell you some lies real quick. You cool,
• 1:04:52
  Speaker 1: and minister said, the Senator Agains arrived December fifteenth and
• 1:04:54
  Speaker 1: showed his real identification and gave a presentation.
• 1:04:57
  Speaker 3: Why did he want to do this so badly?
• 1:05:00
  Speaker 1: Was he getting paid or no, he must have been
• 1:05:02
  Speaker 1: getting paid.
• 1:05:03
  Speaker 4: No, senator can't get paid. Maybe probably not. I was
• 1:05:07
  Speaker 4: to pose as a senator, I guess.
• 1:05:09
  Speaker 1: So when the real Senator Burke showed up for his
• 1:05:10
  Speaker 1: scheduled presentation January fourteenth, school administrators and students discovered.
• 1:05:14
  Speaker 3: That they had been duped. He must have been getting paid.
• 1:05:17
  Speaker 4: So it came and went. So days later the real
• 1:05:21
  Speaker 4: senator showed up, and.
• 1:05:24
  Speaker 1: He's eighteen years old. Also, so he's an eighteen year
• 1:05:29
  Speaker 1: old senator, says he. So when Atkins said that his
• 1:05:35
  Speaker 1: intention was to expose security risks in small town schools.
• 1:05:41
  Speaker 4: Yeah, these come on.
• 1:05:43
  Speaker 3: He said. These country schools think it can't happen to them.
• 1:05:46
  Speaker 1: I was duping to prove a point that these kinds
• 1:05:49
  Speaker 1: of things can happen. They could have.
• 1:05:51
  Speaker 3: Easily googled me, and they did it. Authorities said Atkins
• 1:05:54
  Speaker 3: was arrested after they were alerted of the incident by
• 1:05:57
  Speaker 3: the state Senate Burke. The real senator called it an
• 1:06:00
  Speaker 3: extremely elaborate scheme. I'm saying that too, like, what did
• 1:06:04
  Speaker 3: you get out of this this?
• 1:06:04
  Speaker 4: Yeas? So I guess my question is when he's he's saying,
• 1:06:08
  Speaker 4: I'm proving a point that security at small town schools
• 1:06:12
  Speaker 4: isn't tight. Yeah, but what a baloney excuse? Or is
• 1:06:16
  Speaker 4: that really? It does explain it?
• 1:06:21
  Speaker 1: It does, But it's also like, how did you get
• 1:06:24
  Speaker 1: these other two people to come play aids in this car? Like?
• 1:06:27
  Speaker 3: What is wrong with you?
• 1:06:28
  Speaker 4: That is true?
• 1:06:29
  Speaker 1: This is a weird thing to do. It's like, hey, y'all,
• 1:06:31
  Speaker 1: do y'all want to come drive me down to this
• 1:06:33
  Speaker 1: country school? Yeah, it's about seven miles about seven hours
• 1:06:36
  Speaker 1: away the country school. And then y'all be pretending to
• 1:06:39
  Speaker 1: be my aides. Why?
• 1:06:43
  Speaker 4: Yeah, and I got to it's also stupidity on the
• 1:06:45
  Speaker 4: inside too, because like there's got to been some follow
• 1:06:48
  Speaker 4: up calls when that second senator showed up, like the
• 1:06:52
  Speaker 4: front office is okay, I'm coming by Friday, don't forget
• 1:06:55
  Speaker 4: and then he shows up and that's when they sniffed
• 1:06:59
  Speaker 4: out they had been scammed, but not until then, Like,
• 1:07:02
  Speaker 4: whoever's getting those calls to schedule these events? Do you
• 1:07:05
  Speaker 4: know what I mean? Yeah, there's two senators scheduling events
• 1:07:08
  Speaker 4: at this school. Right.
• 1:07:08
  Speaker 1: You don't have a calendar.
• 1:07:10
  Speaker 4: You weren't like, oh, reception or whatever, Like it's a school.
• 1:07:13
  Speaker 4: So it's like, I'm Senator one. I'd like to do
• 1:07:16
  Speaker 4: it on December fourteenth grade senator. Okay, make sure we'll
• 1:07:19
  Speaker 4: call back a week before or not. Second senator also
• 1:07:22
  Speaker 4: talking same person. Hey, just want to know December twentieth
• 1:07:27
  Speaker 4: is still on, Yeah, twentieth. Do you know what I mean?
• 1:07:29
  Speaker 1: Yeah, you want a senator with a different name. Okay, Look,
• 1:07:36
  Speaker 1: teachers are underpaying and overwork.
• 1:07:37
  Speaker 3: Okay, they were just like.
• 1:07:38
  Speaker 1: I don't know, sure, sure, you're both the senator who
• 1:07:41
  Speaker 1: can get.
• 1:07:44
  Speaker 4: Right?
• 1:07:45
  Speaker 1: We just want to break from the keys. You got
• 1:07:47
  Speaker 1: to watch them for thirty minutes while you give them
• 1:07:48
  Speaker 1: this speech. That's true, Like I just need a smoke break. Okay, Okay,
• 1:07:53
  Speaker 1: who comes in here. I'm the senator, We're all the
• 1:07:55
  Speaker 1: senator who gives a fuck. I love it, so shout
• 1:07:59
  Speaker 1: out to Isaiah. I don't want und stand this scam,
• 1:08:01
  Speaker 1: but I appreciate your dedication to pulling it off truly.
• 1:08:04
  Speaker 1: All right, guys, we've reached the end of the episode.
• 1:08:06
  Speaker 1: I can't believe it. Wow, time flu you were amazing?
• 1:08:09
  Speaker 4: Did I do do?
• 1:08:10
  Speaker 3: Goodtastic, fantastic.
• 1:08:12
  Speaker 4: I just want to make greatest hits.
• 1:08:14
  Speaker 1: Oh, greatest hits, greatest.
• 1:08:16
  Speaker 4: This is like now season two season one? Are we
• 1:08:18
  Speaker 4: season one?
• 1:08:19
  Speaker 1: Still? Season one?
• 1:08:20
  Speaker 2: Right?
• 1:08:20
  Speaker 1: This will be like the now it's gonna now, that's
• 1:08:22
  Speaker 1: what I'm talking about. Scams and then like number one song? Now, yes,
• 1:08:28
  Speaker 1: where do you want to be found? I ask people
• 1:08:31
  Speaker 1: where they want to be found?
• 1:08:33
  Speaker 4: I guess I have an Instagram I do, mister mattwash.
• 1:08:36
  Speaker 4: It's pretty simple. Occasionally do it?
• 1:08:38
  Speaker 1: Yeah, yeah, okay, any shows anything you want to plug?
• 1:08:41
  Speaker 4: Okay. February twenty twenty, I'm working with UH Scripts and
• 1:08:46
  Speaker 4: we're dropping UH Finding Marcus Trunk, which is a six
• 1:08:51
  Speaker 4: or seven part podcast series mini series about a documentary filmmaker. Yes,
• 1:08:57
  Speaker 4: archive was discovered later in life, he was no longer around.
• 1:09:01
  Speaker 1: It's very funny.
• 1:09:03
  Speaker 4: I think it is.
• 1:09:03
  Speaker 1: It's very funny. I think pieces of it. It's super funny.
• 1:09:07
  Speaker 1: And guys, you can always find me at d I
• 1:09:09
  Speaker 1: V A L A C. I d Va Lacy on
• 1:09:12
  Speaker 1: all platforms. If you want to email in any scams
• 1:09:14
  Speaker 1: that you've retired or times that you've been scammed, please
• 1:09:17
  Speaker 1: share that with us at scam good his pod at
• 1:09:19
  Speaker 1: gmail dot com. You can find us at scam good
• 1:09:21
  Speaker 1: his Pod on Twitter, on Instagram, and uh bitcoin. All right, guys, Congregation,
• 1:09:30
  Speaker 1: stay scheming