Don’t Get Taken to the Cleaners
Don’t Get Taken to the Cleaners

Don’t Get Taken to the Cleaners

September 15, 2021 2:45pm
35:46
0
Episode 5

Today's episode will focus on a Ponzi scheme case with many twists and turns involving a narcissist who will even pitch an investment idea to the prosecutors, fires his defense attorney during the trial, and asks for a life sentence, just to name a few. A Ponzi scheme is when you take a new investor's money to pay back previous investors. The mastermind behind this Ponzi scheme was a longtime investment advisor who owned a dry-cleaning business and hoped to open a doggie daycare but ended up taking over 1.7 million dollars from about five victims.

Episode Details

Duration:35:46
Published:September 15, 2021 2:45pm
File Size:28.3 MB
Type:audio/mpeg

About This Episode

Today's episode will focus on a Ponzi scheme case with many twists and turns involving a narcissist who will even pitch an investment idea to the prosecutors, fires his defense attorney during the trial, and asks for a life sentence, just to name a few. A Ponzi scheme is when you take a new investor's money to pay back previous investors. The mastermind behind this Ponzi scheme was a longtime investment advisor who owned a dry-cleaning business and hoped to open a doggie daycare but ended up tak...

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