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  • 1,243PODCASTS
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  • Aug 12, 2022LATEST
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Latest podcast episodes about ponzi

True Crime Campfire
Magick Money: Greed Goblin Dawn Bennett

True Crime Campfire

Play Episode Listen Later Aug 12, 2022 43:41


I read a book once about the inner workings of Wall Street. I don't really like to talk about it—I still get a little nauseous when I think about it. Yechh. One of the most memorable bits, though, was an interview with an investment banker who said, with a total lack of irony, “What good does it do me to make ten million if the guy down the hall is making twenty?” When the author said, “Well…okay, but when is it enough?” the guy looked at him like he'd just grown a second head. “Enough? It's never enough.” That right there, campers, is the engine that drives some of the worst stuff in the world. And there's no shortage of assholes in the clown car—some of whom are more than willing to resort to fraud to get there. Join us for the story of Dawn Bennett, a woman who rose to fame as one of the "best" financial advisors in the country, then crashed and burned spectacularly, despite her efforts to put curses on the SEC agents coming after her for fraud. Yeah, you read that right: Curses. Sources:CNBC's "American Greed," episode "The Luxury Curse Scam"https://www.cbsnews.com/news/dawn-bennett-ponzi-scheme-suspect-paid-720k-for-prayers-by-hindu-priests-in-india/https://www.forbes.com/sites/sarahhansen/2019/10/04/when-a-financial-advisor-turned-to-hoodoo-spells/?sh=514afa3146bbhttps://www.washingtonpost.com/business/capitalbusiness/dj-bennett-brings-luxury-to-sporting-goods/2012/12/23/3c9a365e-43cc-11e2-8061-253bccfc7532_story.htmlhttps://www.justice.gov/usao-md/pr/former-financial-advisor-sentenced-20-years-federal-prison-her-conviction-17-federalhttps://www.baltimoresun.com/news/crime/bs-md-cr-maryland-investment-adviser-sentenced-0801-20190801-ueewer72wnglvdpwimudumebje-story.htmlhttps://www.sec.gov/alj/aljdec/2016/id1033jeg.pdfhttps://www.sec.gov/litigation/complaints/2017/comp23922.pdfhttps://www.cnbc.com/2020/02/07/how-to-find-a-financial-advisor-who-wont-make-your-money-disappear.htmlFollow us, campers!Patreon (join to get all episodes ad-free, at least a day early, an extra episode a month, and a free sticker!): https://patreon.com/TrueCrimeCampfireFacebook: True Crime CampfireInstagram: https://gramha.net/profile/truecrimecampfire/19093397079Twitter: @TCCampfire https://twitter.com/TCCampfireEmail: truecrimecampfirepod@gmail.comMERCH! https://true-crime-campfire.myspreadshop.com/

Let Me Get My Headphones Podcast
Brandford and the gang

Let Me Get My Headphones Podcast

Play Episode Listen Later Aug 11, 2022 117:36


This week the team welcomes one of the music industry's best kept secrets, Branford Jones, into the group chat.  As a lifelong music enthusiast with a wickedly discerning ear for talent, Branford single-handedly erected his own enterprise, They Have The Range, seeking to build community by uplifting those talents—underrated, independent, and mainstream alike. Amassing nearly one million followers and becoming the #1 social media music platform, They Have The Range is slowly but surely establishing a new standard within the music realm. Join Branford and the team as they talk about the current state of R&B, the creative process, and what it will take to create a lasting R&B record in this generation. The gang catches up with the latest and greatest happening down at The Pynk, reflects on a sneakerhead Ponzi scheme, and revisits the Formula 1 racing paddock…all while listening to the new Beyonce.Listeners are staying connected by: Curated playlist - Spotify - Apple Music Follow us on Instagram and Follow our TwitterSupport this podcast HEREThe Online Merch Store is open - https://letmegetmyheadphones.com/  - Shop Now!The Proffitt PodcastThe podcast that shows you tips & strategies to create content with confidence!Listen on: Apple Podcasts Spotify Truth, Lies, ShenanigansSocial Commentary, Hot Topics, Amazing Guests, and, of course, fun and Shenanigans!Listen on: Apple Podcasts Spotify A Million Other ChoicesWhen my niece was murdered in 2018, my interest in true crime turned to an obsession. I...Listen on: Apple Podcasts SpotifySupport the show

Grumpy Old Geeks
564: Blame It On the Rain

Grumpy Old Geeks

Play Episode Listen Later Aug 6, 2022 56:32


Earth no longer has drinkable rain; Goodreads; Pickleball elbow; Twitter goes after Musk; the week in grift - Ponzi schemes, hacks, regulatory lies, "preemptive" theft, oh my; Meta's Super live streaming platform; movies we haven't watched & some we have; Westworld; Trainwreck, Woodstock '99; Opal C1 camera; Apple Arcade removes titles; Winamp is back; WebbCompare; fitness apps; Meta Pixel HIPAA lawsuits; everyone's texts have been deleted except Alex Jones; deprogramming conspiracy theorists, Happy Birthday, Jason!Show notes at https://gog.show/564Sponsors:Kolide - Kolide can help you nail third-party audits and internal compliance goals with endpoint security for your entire fleet. Learn more here.MasterClass - Head over to m365masterclass.com and enter code GOG at checkout for 20% off your subscription for life.Hover - Go to Hover now and grab your very own domain or a few of them at hover.com/gog and get 10% off your first purchase.FOLLOW UPJason on Goodreads10 Terrific Exercises for Tennis ElbowPFAS In Rainwater Mean It's Unsafe To Drink Anywhere, Even In AntarcticaIN THE NEWSTwitter subpoenas associates of Elon Musk in preparation for lawsuitThe Disastrous Record of Celebrity Crypto EndorsementsSEC charges 11 people over 'textbook' $300 million crypto Ponzi schemeHacking free-for-all relieves crypto bridge users of $200 millionNew York regulators slap Robinhood's crypto business with $30 million fineRobinhood lays off almost a quarter of its staffInside the Crypto-Bot Ghost Towns of TelegramMeta has been quietly testing a new livestreaming platform and is ramping up creator outreach. Read a leaked 17-page pitch deck it sent influencers.MEDIA CANDYTrainwreck: Woodstock ‘99Best SellersThe Lost CityAPPS & DOODADSOpal C1 Camera - invite code: OP-5i7SOFb-ALApple Arcade removes first batch of originals, ‘Leaving Soon' tab now goneJetpack Joyride will soon have a sequel available exclusively on Apple ArcadeWinamp, your parents' favorite MP3 software, is backWebbCompareSECURITY HAH!The CyberWireDave BittnerHacking HumansCaveatControl LoopMeta faces lawsuit for allegedly collecting patient health data without consentFOR PROBABLY TOTALLY INNOCENT REASONS, THE DEFENSE DEPARTMENT ALSO DELETED THE JANUARY 6 TEXT MESSAGES OF TOP TRUMP OFFICIALSConspiracy theories have legitimized violence, impaired public health, and undermined democratic governance. Containing their harms begins with understanding the theorist, not the theory.CLOSING SHOUT-OUTSAirtags on ThingverseNichelle Nichols Helped Show America a Different FutureVin Scully, Voice of the Dodgers for 67 Years, Dies at 94See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Palisade Radio
Chris Irons: Gold is Going to GO!

Palisade Radio

Play Episode Listen Later Aug 4, 2022 90:20 Very Popular


Tom welcomes back Chris Irons, host of the Quoth The Raven podcast, to the show. Chris as usual lets us know how he really feels about many important issues. A recent Federal Reserve report indicates that China was trying to infiltrate that organization. China wants to challenge the dollar and grow as a global economic superpower. China and Russia continue to dedollarize while stockpiling gold. The BRICS have announced their intention to create their own global reserve currency. Chris believes China has decided they want Taiwan, and they have a very long-term approach. We've seen two negative GDP prints, but those in charge are now changing the definitions. The White House and the Fed have run out of variables to mess with, and they're not getting the numbers they want. GDP is one of the last bastions of common-sense leftover from Austrian Economic thought. Once the rate hike truly makes it through the system, there will be significant shockwaves. There won't be much warning and things will accelerate rapidly. Expect shocks to the credit market that will surprise many. The Titanic has already hit the iceberg and everyone is in denial. It will be interesting to see what causes Powell to finally pivot. Don't be fooled and think that everything is fine because it isn't. There is no good reason to not believe in golds future. It's soon going to be the key globally. We're going to see a rush to buy gold unlike anything we've seen. Leverage with the miners will be off the chart. The strength in the dollar will not last. That's when we'll see gold explode and never come back. It was clear that companies doing crypto lending we're taking on enormous risks. If you see offers for 10% plus yields, then you're almost certainly looking at a Ponzi. Which is what we saw with Celsius. Other firms have also blown up, and it seems like there has to be more deleveraging to come. We still have Tether failing to produce an actual audit, and everyone seems skeptical. Until we get more truth and Michael Saylor is sweating in the hot seat, we may not have hit the bottom. Who knows if Bitcoin is cheap, how does one even judge it on fundamentals? Chris discusses why the courts may not be that amused with Elon, and why he might not be able to back out. Lastly, Tom and Chris discuss the importance of being objective and getting a rounded view of economics and politics. Integrity and good faith is more important than just being told what you want to hear. We've seen a lot of blatant disinformation campaigns driven from a state level through the media. Talking Points From This Week's Episode Geopolitics, espionage, and economic supremacy.Why a credit crisis is coming and gold will take off.Finding the truth out by seeking opinions and other perspectives.The crypto markets still need to purge themselves. Time Stamp References:0:00 - Introduction2:07 - China, Espionage, & the U.S.12:17 - Economic Mutual Spying?15:57 - Hiding Problems29:13 - Economic Screwing31:30 - Fed Dorito Theory39:12 - Faith in Metals44:09 - Gold is Gonna Go!48:25 - Gold & Inflation51:59 - Enormous Crypto Risk?56:57 - Saylor Carried Out?59:30 - The Twitter 'Deal'1:04:12 - Cybersecurity Sector?1:16:18 - Objectivity & Analysis1:27:41 - And Saylor Is Out1:29:22 - Wrap Up Guest Links:YouTube: https://www.youtube.com/channel/UCxUo55-0ScpOQNdug8FCzzA/videosPodcast: https://quoththeraven.podbean.comSubstack: https://quoththeraven.substack.comTwitter: https://twitter.com/QTRResearch Chris Irons is the host of The Quoth The Raven Podcast.

Money For the Rest of Us
Forsage and Herbalife—How Multi-Level Marketing, Pyramid Schemes, and Ponzi Schemes Differ

Money For the Rest of Us

Play Episode Listen Later Aug 3, 2022 23:34 Very Popular


Why it is challenging to distinguish a legitimate multi-level marketing company from a pyramid scheme as hedge fund billionaire Bill Ackman found out in his losing campaign against Herbalife. How Forsage has taken pyramid and Ponzi schemes to a whole new level, and why the regulators can't shut it down.Topics covered include:What are multi-level marketing companies and how most MLM distributors are unsuccessfulWhat is the difference between a pyramid scheme and a Ponzi scheme and what are some examplesHow hedge fund Pershing Square Capital Management took on Herbalife and despite FTC and SEC actions, Herbalife continues to thrive.Why Forsage, a pyramid and Ponzi scheme on the blockchain, continues, despite SEC regulatory actionsWhy Bitcoin isn't a Ponzi schemeSponsorsPolicygeniusMoney For the Rest of Us PlusShow NotesHerbalife Settlement With F.T.C. Ends Billionaires' Battle by Matthew Goldstein and Alexandra Stevenson—The New York TimesMulti-Level Marketing Businesses and Pyramid Schemes—Federal Trade CommissionHerbalife International Settlement ComplaintHerbalife Settles With S.E.C., but Too Late for Hedge Fund Investor by Matthew Goldstein—The New York TimesConsistency is Key! Make Money Podcasting by Elsie Escobar—LibsynNovember Stats From Rob Walch—Podcast Business JournalFederal Trade Commission Returns More Than $149 Million To Consumers Harmed by AdvoCare Pyramid Scheme—Federal Trade CommissionFederal Trade Commission Returns More Than $23 Million To Consumers Deceived by Online Business Coaching Scheme MOBE—Federal Trade CommissionFTC Shuts Down Credit Repair Pyramid Scheme Financial Education Services, Which Bilked More Than $213 Million from Consumers—Federal Trade CommissionInvestor Alert: Ponzi Schemes Using Virtual Currencies—U.S. Securities and Exchange CommissionWhat is Forsage?—Forsage SupportSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How to Scale Commercial Real Estate
The Introvert's Edge on Rapid Growth

How to Scale Commercial Real Estate

Play Episode Listen Later Aug 3, 2022 25:41


Think introverts can't thrive in business?   Matthew Pollard, author of The Introvert's Edge to Networking, offers strategies on how introverts can harness their strengths and set themselves up for success through systems and planning. He is an internationally-recognized consultant, speaker, blogger, author, mentor, coach, and serial entrepreneur with five multi-million dollar business success stories under his belt, all before the age of 30. As the founder and CEO of Rapid Growth, LLC, he also reveals the formula for optimizing our skills and story to achieve maximum ROI.     [00:01 - 05:51] Finding Success as an Introvert Matthew talks about how he used his introversion to his advantage Misconception: introverts have no business in sales and networking The key is planning and preparation so we can make use of our strengths Differentiating introverts from extroverts Matthew tells us about his experience of social exhaustion   [05:52 - 24:04] Creating a Rapid Growth Business Rapid growth has nothing to do with functional skills Separating ourselves from the industry and leveraging the power of the story We engage emotionally with stories vs. just using jargon Matthew shares the success stories of his clients The importance of finding a niche and building relationships Matthew talks about realizing his higher-level benefit and becoming the Rapid Growth Guy Teaming up with someone who's not the ideal customer can help narrow down a niche    [24:05 - 25:40] Closing Segment Reach out to Matthew!  Links Below Final Words Tweetable Quotes   “My mission is to help introverts realize they're not second-class citizens. Their path to success is just different from that of an extrovert.” - Matthew Pollard “Most people are amazing at their functional skills, but rapid growth has nothing to do with your functional skills.” - Matthew Pollard “You have to separate yourself from that industry, and you have to leverage the power of story to educate.” - Matthew Pollard -----------------------------------------------------------------------------   Connect with Matthew through his website. Discover the Rapid Growth Formula and get the template at matthewpollard.com/growth. Download the first chapter his book, The Introvert's Edge to Networking at introvertsedge.com/networking. Listen to his podcast, The Introvert's Edge.   Connect with me:   I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook   LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below:   [00:00:00] Matthew Pollard: The big framing for me is that I learned to succeed as an introvert. And I will tell you that most people think that introversion is a disadvantage when it comes to selling to networking. I actually realize that we have a real edge, as long as we realize that we can't behave extroverted, that we systemize out our disadvantages while leveraging our strengths. And planning and preparation really allow us to leverage our major strengths of active listening and empathy, which something, I'd say, extroverts aren't quite as good as us at. [00:00:41] Sam Wilson: Matthew Pollard is the author of The Introvert's Edge, Amazon's eighth most sold book of the week. Matthew, welcome to the show.  [00:00:48] Matthew Pollard: Hey, I'm excited to be here. Thanks for having me on. [00:00:51] Sam Wilson: Hey, man. The pleasure's mine. In 90 seconds or less, can you tell me where did you start? Where are you now? And how did you get there?  [00:00:56] Matthew Pollard: Oh, in 90 seconds or less? Well, introverted kid, reading speed of a sixth grade, horrible acne, no business being in sales, fell into sales as a result of losing my job just before Christmas. 93 doors before my first sale, it was a horrific day of getting sworn at and getting told to get a real job, went home, taught myself how to sell watching YouTube videos, became the number one salesperson in the company in about six weeks, fast forward just shy of a decade, I had been responsible for five multimillion dollar success stories. And the big framing for me is that I learned to succeed as an introvert. And I will tell you that most people think that introversion is a disadvantage when it comes to selling, to networking. I actually realize that we have a real edge, as long as we realize that we can't behave extroverted, that we systemize out our disadvantages while leveraging our strengths. And planning and preparation really allow us to leverage our major strengths of active listening and empathy, which something, I'd say, extroverts, aren't quite as good as us at. [00:01:54] Matthew Pollard: And that's really, you know, what got me to where I am today. I moved to the US. I started teaching people how to create rapid growth businesses by differentiating, by creating a niche strategy, and by creating a sales system that works, some of those people in the syndication space and, and really that's, what's allowed me to continue my mission of helping introverts realize they're not second class citizens. Their path to success is just different to that of an extrovert.  [00:02:18] Sam Wilson: Can you define for me? 'Cause I'm not sure that even everybody has a clear understanding of the difference between an extrovert and an introvert.  [00:02:25] Matthew Pollard: You know, it's actually interesting. I, I think that psychologists have been paid a fortune in research grants to make it more complicated, not less so. So the classic introvert you would assume is not either you or ism, you know, the classic introvert would be that person hiding under the bridge. And I, I promise that I would out you as an introvert on this show. So there you go. And this is the biggest thing that I focus on, that most people perceive the introvert as the quiet person that doesn't want to talk to anyone. And what you may be experiencing right now is what you would perceive as perhaps two very articulate people, having a dialogue about a topic that they, you know, if they were true introverts, they wouldn't be able to have. And that's the mistake that everybody makes. Introversion has got nothing to do with your ability to succeed in being a podcast host, being a podcast guest, speaking from a stage, networking, selling, gosh, any other so-called extroverted or any, you think, as a matter of fact, I think that introvert dominate on, you know, all of those, as long as they've got a great system and they do planning and preparation previously. The difference is that after those activities, we're exhausted. Where an extrovert is buzzing, they're charged up and they want to go to the next so-called extroverted behavior.  [00:03:36] Matthew Pollard: So the thing that I will say that separates us, and the best example I can give you is I run an event in Austin called Small Business Festival. And you know, Jim Cathcart, number one most award-winning speaker in the world, is a friend of mine. He came down, he's like, Matt, I'm going to be a closing speaker. And I'm coming down for the full three-day period. At the end of that three days, he and I had been involved in the event. We'd hung out with people. We'd interviewed people from stage. We'd both spoken. The difference was at the end, he was charged up and wanted to go and experience rainy street in the city of Austin, the live music capital of the world. I wanted to put on a hoodie and watch Netflix and maybe cry a little bit by myself and talk to nobody. I've never in my life had to ask a 70-year-old if I could please go home, I was tired ever, but that was the time. He was so charged up because he had three days of charge. I had three days of using my charge. That's all introversion is. It's got nothing to do with what we can achieve.  [00:04:31] Sam Wilson: Right. No, I appreciate that. Yeah. And that's the definition I was hoping you were going to give 'cause it's absolutely true. I mean, yeah, I'm doing, I run a daily podcast. I'm doing 12 interviews today. And let me tell you when these, this is all I do on Tuesdays, this interview, and when Tuesdays are over, I'm spent. Like I just go, I go home. Like, I, I really don't get any of their work done on Tuesday. It's like, I'm exhausted. I'm just exhausted. And I had a great day, had a great, great time conversing with people like yourself all day long. I get to meet the brightest and best minds in real estate, every Tuesday, all over the country. It's amazing. And it wears me out. That's just, just the way it is. [00:05:06] Matthew Pollard: And you own that. And that's the important thing. I think a lot of people either get embarrassed by that. Now, truthfully, you have a ton of advantages being an introvert and extroverts, I don't want to be perceived as extrovert-bashing, extroverts have a ton of advantages, too. The goal is that you have to understand you have strengths and weaknesses and you have to leverage your strengths while learning how to improve on your weaknesses. The difference is an extrovert will go and learn how to actively listen or they'll go and learn how to empathize better. An introvert believes that they can't, and that's really where the biggest hurdle is. And I will tell you, Sam, I actually batch my interviews, too, for my podcast, The Introvert's Edge. I batch interview over a two-day period the entire series every time I launch one because I don't want to do it again for another long period.  [00:05:51] Sam Wilson: That's awesome. I absolutely love it. Let's talk about achieving rapid growth. So I know that's one of the things you're well known for, break down that process for me, if you don't mind.  [00:06:02] Matthew Pollard: Yeah, absolutely. And I think the important thing for people to understand when it comes to rapid growth is that most people are amazing at their functional skill, but rapid growth has nothing to do with your functional skills. As a matter of fact, if you explain what you do as a functional skill, then people are less likely to want to work with you. So what I really highlight for people is there's three steps to rapid growth that are outside the scope of your functional skill. If you can nail these three and do them well, then you really can create a rapid growth business that, that you deserve. So what I'm going to do is I'm going to give you an example that's kind of outside your industry, but I want to tell you that I actually applied this to a syndication business. That's a feature in my new book, The Introvert's Edge to Networking, and he was able to obtain rapid growth really, really easily. But the key was, by the way, don't call yourself a syndication specialist. If that's what you are, don't say it to everyone. That's not in syndication. It sounds like a Ponzi scheme, like a scam, like I'm going to give you my money and you're going to run away from it, with it, I should say. Now here's the thing that I will tell you to everyone that knows what it is. It is a really good way of making money and it's a great way of leveraging income, but the truth is the average person outside that, the only way you're going to be able to explain it to them is by educating them, that's like opening your fire hose of information.  [00:07:16] Matthew Pollard: So you have to separate yourself from that industry, and you have to leverage the power of story to educate. So what I'm going to do is I'm going to give you an example that does both, I'm going to show you how it applies, then I'll show you how it applies to syndication, but I'm also going to leverage the power of story because especially for those introverts out there, story does a few amazing things. The first thing it does is it activates the reticular activating system of their brain, which for an introvert that struggles to develop rapport, it allows my brain to synchronize with the brains of everybody that's listening. It creates artificial rapport that I can leverage into real rapport, super powerful. And it allows me to foster a relationship with everybody that's listening now. This is really, really powerful as well because people buy from people that they like, but it also is for introverts and for extroverts that feel like they need to educate, it stops us from putting so much jargon into the explanation. So leave your brochures, leave your manuals, and your jargon talk at home. Tell a story instead. The second thing that I will tell you is when you tell a story, people remember up to 22 times more information. So my goal of sharing this story with you is also that you retain it, that you remember it, and you actually apply the advice that I'm about to give you. [00:08:24] Matthew Pollard: And then thirdly, and I think this is the most powerful, it actually short circuits the logical part of your brain. So when you hear a story, your emotional part of the brain is what hears a story. The logical part has no way of processing it. So literally in short circuits your emotional brain, goes story time, and listens. So the difference here is that if you try to give somebody jargon for six seconds until they're bored, you tell someone a story they're going to listen for two or three minutes. And they're only going to listen for whether the moral applies to them, which is even better because they assume all the detail is fact. So because of that, it gives you a huge advantage of everybody else, especially in the investment space where they're just overwhelming. Everybody in the industry just overwhelms people with jargon.  [00:09:04] Matthew Pollard: So the example I'll give you is actually of a language tutor that was out of California. And she taught kids and adults Mandarin. And for the longest time, she was able to charge $50 to $80 an hour for a private consultation. Now she did that successfully until there are a whole bunch of people moving into California, willing to charge 30 to $40 an hour for a private consultation. On top of that, we now live in this global economy. There were people in China offering to do it for $12 an hour on Craigslist and technology that says, Hey, I'll charge you nothing. You teach me English. I'll teach you Mandarin. You know, no one charges, anyone anything, so she's competing against free. So she comes to me and she says, how do I compete in this crowded marketplace? What she's looking for is how to sell more effectively. But the key is that if you start with sales, you've already lost. What I said is we've got to avoid the battle altogether. So I looked at all the things she did for her clients outside the scope of her functional skill, and what I realize is for two of these clients, and literally, she'd worked with hundreds, it was just two. She helped them understand some pretty important things. These were executives being relocated to China. Now the first thing she helped them understand was the importance of rapport. Like here, if I was a really bad salesperson, at the end of 45 minutes, I might say, do you want to move forward? [00:10:11] Matthew Pollard: And you'll say, yes, no, or, everyone's favorite, let me think about it. Well, if I come back a week from now and you still say you want to think about it, you're probably not going to go ahead. In China, they're going to want to see you five or six times before they discuss business. They're probably going to want to see you drunk over karaoke once or twice. It's just the kind of people that they are, but that's because they're talking 25 to 100-year relationships, not transactional deals like we do here. She helped them understand the importance of eCommerce or the differences between eCommerce in China and in the Western world and the importance of respect, why learning the language isn't enough. You've got to reduce your accent, how to handle a business card, why it mattered. These are the things that were significant to these two clients. And I said when you doing so much more for these people than just language tuition, what are you doing? Now in syndication, everyone has their own unique skills, their own things that they bring to the marketplace that they struggle to articulate. Otherwise, you won't have clients that keep coming back to you. And she said, look, there's just a few things I'm just trying to help, but I'm like, you're stuck in your functional skill. Is it fair to assume as a result of the assistance that you are giving these people, they're going to be more successful in China? And she's like, I mean, yeah. I mean, that's the point, right? I said, great. Let's call you the China Success coach then. Forget about Mandarin for a second. Let's focus on creating what we ended up calling the China Success Intensive, which was a five-week program to work with the executive, the spouse, and any children being relocated to China. [00:11:30] Matthew Pollard: Now she loved the idea of this, but she's like, well, who do I sell it to? And I said, well, who do you think your ideal client is? What she's asking is who do I go out networking to find, right? Now everyone assumes the biggest group. So I said, well, who do you think you're supposed to sell this to? And she said, well, obviously the executive. I'm like, yeah. I mean, I was terrified of moving from Australia to the US. Imagine going to China where they speak a different language. Still, not your ideal client though. She's like, well, the companies are going to pay. I'm like, yeah, they got millions of dollars writing on an executive being successful, fair assessment. Still, I don't think so. Frustrated, she's like, well, who then? I said I think you're right. Your client's the immigration attorney. She looked at me puzzled. She's like what? I said, what do you think about this for a second? An immigration attorney gets paid five to $7,000 for doing a visa, doing all the paperwork and bureaucracy that comes with it. They've got staff, they've got office space, they've got a pay to get a client. They'd be lucky to make $3,000. I said, so just offer them $3,000 for a simple introduction. They were like double my profit for a simple introduction, sure. What have I got to say? These people are ecstatic to meet her at a networking event. [00:12:30] Matthew Pollard: She said, well, all you've got to do is say, congratulations, you've now got a visa. I just want to double check you're as ready as possible to be relocated to China. These people, pretty confident, they'd say, yeah, I think we're set. You know, we've got our place sorted. We are learning the language. Kids are getting pretty good at it too. We've got our visa now. Thank you. I think we are good to go and they just respond with, there's actually a lot more to it than that. I think you need to speak to the China Success coach. She then got on the phone with the easiest sale in the world. Now put this in perspective. She charged $30,000 for doing this. She paid a $3,000 commission for this five-week program. She made $27,000 for the easiest sale in the world instead of struggling every day to charge $50 to $80 an hour, she had a business that exploded. Now, how do you apply this to this syndication space? Simple. You first need to decide the niche for you. [00:13:18] Matthew Pollard: I worked with a client recently who specialized or had a lot of clients in the medical space, surgeons, people that were, you know, highly specialized doctors. Just, so you know, you're supposed to feel sorry for these people because they spent a fortune learning. Then they get into their career and they put themselves in golden handcuffs. They've got expensive lives, expensive spouses. Their kids are going to expensive schools. They have no idea how they're ever going to retire. The thing they do have is a huge income, but they invest it in things like condos and triplexes. The problem is that, usually, they end up the landlord and the hourly rate's horrible and the properties, 'cause they've got less time to look than everyone else, they usually lose money, not make money. So they give up on all that. That was the group that he cared about though. He sold it to everyone. I said, specialize here. Then we can frame the messaging differently. We actually called him The Arbitrage Architect. Why? Well, arbitrage means buy low and sell high. Well, if you can buy things low in a way that nobody else can if you've got a high income that allows you or affords you the opportunity to be involved in a syndication, a much smaller group, so it's more manageable and more profitable. Well, of course, you're basically making money out of arbitrage. So we created the unified message of The Arbitrage Architect. We then niche down to doctors and surgeons, and then we created a sales system that leveraged the power of relationships through other surgeons and messaging out to surgeons and doctors. That's what created his rapid growth business. Funnily enough, as soon as he started doing it, while the people that knew him were like, what are you doing? You're a syndication specialist, just stick to that. Even his father-in-law thought he was insane. He actually had a doctor's association in Canada, reach out to me like, you know what? We need someone to speak to our doctors. Can you work with us and help us with that? And he had a dream set of clients. Now he has no problem raising money and all the choice deals get given to him first because they know who he is. He breaks through the noise. So if you focus on these steps, firstly sales, step three, is a lot easier, but gosh, you stop feeling like you're having to convince and cajole people to do what's in their best interest. [00:15:28] Sam Wilson: Yeah, I like that. That's absolutely right. And I, I think you started with something there at the beginning was to leverage the story. You know, like any good brand leverages the story. I don't know if you've ever, ever done a whiskey tour, right? I remember I was on the bourbon trail in Kentucky and, and it's like, in the end, it's the same, almost the same, you know, same product, you know? Okay. All the, all the bourbon drinkers, like, no, it's not, I'm going to get a bunch of hate email, but, but seriously, in the end, they've always got some founding story and it's, I mean, the whole thing is about the story and how special the water is and how special the grains and what, it's like, okay.  [00:16:02] Matthew Pollard: Oh, I'm with you. I mean, how many times have we gone to a winery and actually had pretty bad wine, but then we bought a bottle because the story was so great. You felt connected to this bottle of wine. It was nowhere near as good as a bottle half the price from California that we could have got it home.  [00:16:17] Sam Wilson: Right. Exactly. Exactly. You're like, gosh, is this a $6 bottle or a $2? I don't have any idea. This is not good though. I know that. Yeah. That's exactly it. And that's why I never need to go on a whiskey tasting tour ever again. It's like, this is, I've heard the story. Thank you. But still, even though, even, so I liked really what you said there of leverage the story. What are some things that people should do, I guess, to begin, you know, finding their unique story? Like for you, I think it sounded like it came from the experience of identifying yourself as an introvert, going, okay, you know what, I'm an introvert and this, this does not come naturally or easy for me. And I think you built upon that. What can other people do to really find their way of leveraging their story?  [00:16:57] Matthew Pollard: Yeah, absolutely. So I think what we need to do is you need to say what are the skills that I have outside the scope of my functional skill and then say, well, what is the higher level benefit of that. So for Wendy, it was eCommerce, understanding of respect, understanding of rapport. The high-level benefit was China Success. For Shane, who became The Arbitrage Architect, it was the fact that he understood what doctors were going through, how to find deals, how to raise the money, how to connect with those right people. And then, you know, The Arbitrage Architect became the perfect fit for him because he understood what they were going through. He understood that while wealthy, they were actually stuck in golden handcuffs and they were trying to invest. It's funny, we came up with this slogan, stop investing like a poor person, right? Because the whole framing was around a super rich, egocentric kind of individuals that knew that they should be able to get access to something that everyone else did and they just couldn't find it. So it was a really easy fit.  [00:17:50] Matthew Pollard: For me, I went, well, hang on a second. you know, I learned to sell as an introvert, yes. But then I started my own business and I realized that if you start with sales, you've already lost. So I actually learned to market, by the way, salespeople tend to be undergrad qualified people or people that aren't seen as highly qualified. Marketers on the other hand are highly qualified but have never had a relationship with a customer. They don't really go and speak to customers. So salespeople tend to hate marketers and marketers tend to devalue what's going on in the sales team. I actually was able to play in both spheres. Because of that, I actually had the ability to communicate between. So most people that are in small businesses, they generally have to hire a sales coach, then they have to hire a marketing specialist, and neither of them are actually connecting the dots for the other. Then the world went online. So I went, well, I understand sales and marketing offline. That's how I grew my business. And then I moved them online. And more specifically, I learned to move them online and realized that while everybody else was blogging every day, podcasting every day, taking photos of their donut for something to say on Instagram, because their focus was to be the loudest, I realized that if you were the clearest, i.e. had a great message, you didn't need to be the loudest you could optimize and even automate to break through the noise, i.e. in networking and online, if you can be the clearest, you don't have to be the loudest.  [00:19:07] Matthew Pollard: By bringing all of this together, online and offline marketing and sales, and the psychology because truthfully, look, I've learned you can create a rapid growth business out of anything. I built five multimillion-dollar businesses myself from the ground up. And the thing I can tell you is there's nothing worse than a rapid growth business with customers you can't stand, the business, you don't like. So it's ensuring that you actually create the right rapid growth business as opposed, and trust me, you'll make more money if you focus on a business you're actually passionate about, too. Now, most people in this syndication space are so focused on the money, but there is a passion behind it. They just are so logical and so practical-minded or so focused on making money, they don't take time to think about it and learn how to articulate it. My realization that no one else does this stuff, made me realize that what my higher level benefit was was, yes, I was passionate about helping introverts, passionate about helping service provider businesses, more specifically than all businesses in general. And what I realized is I had a unique competency, which was twofold. One was that I had the ability to help a business create rapid growth, but also had the ability for a business owner, to help a business owner obtain rapid growth in their mindset, their focus, the business that they were going to create. So they actually created the business, the rapid growth business that they love as opposed to the rapid growth business that pays really well, but makes them suicidal. So I called myself the Rapid Growth Guy because it encapsulated that. [00:20:31] Matthew Pollard: By the way, the first time I told a friend unified message is the last thing you should tell somebody else. It's like walking up to someone and saying, Hey Sam, I know you've called me, Matthew, my whole life. Now, when I want you to call me Tom. It just feels weird. Like, the first time I said to someone called me the Rapid Growth Guy, it was a friend of mine that was a sales trainer. And by the way, you don't want to call yourself a commodity, right? When I called myself a sales trainer, people looked at me like I was one step above a scam artist. When I called myself a marketer, they go, oh, I need that. How much do you cost? Now I'm talking about price. But when I said to a friend, I called myself the Rapid Growth Guy now, he looked at me and he's like, Matt, what are you doing? I mean, you sound like a male enhancement drug and not a good one, right? So for me, it was about making sure that I shared it with new people. [00:21:12] Matthew Pollard: Shane, the first time he called himself, The Arbitrage Architect, his father-in-law was like, oh my gosh, I think you've hit your head, right? But now he's got a rapid growth business. So the advice I would give you is look at the skill sets. Every single person, yes, you do syndication or you do property, that everyone has unique experiences, unique past customers, unique qualifications, unique passions, and missions that perfectly qualify them to help a demographic, and that provide them unique skills in order to help them with. But here's what I'll say. You don't need to hire me to figure it out. I actually have a five-step template that I give away. You can go to matthewpollard.com/growth, and there you can download the template and it literally walks you through the steps of creating your own unified message and discovering your own niche, willing-to-buy clients. [00:21:54] Matthew Pollard: It's funny. I did this at the National Freelance Conference, and this sounds amazing until I tell you the second part. At the end of the 45-minute session, I said, who here now has a unified message they believe will excite and inspire a prospect to want to know more. So when they introduce themselves at a networking event, people don't look at you like you're a scammer or say, oh, I need that. How much do you cost? But actually just intrigued to want to know more. But also they've identified a niche of people that are willing to pay themselves, pay them what they're worth. And like 97% of the room put their hands up. And as I said, sounds great until I tell you this. I said people keep your hands up. If this is the most time you spent actively working on your marketing since you started your business. Now, the keyword is actively. You might have read some marketing books, read them, and then read the next book. I mean, these people that read a hundred books a year and apply none drive me crazy. So the thing that I will tell you is that these people, 85% of the room kept their hands up, that this is the most time they've spent actively working on their marketing since they started their business. So the key thing is this template works if you spend the time doing it.  [00:22:57] Matthew Pollard: And what I would suggest to people that are listening is team up with somebody that's not in the syndication space at all. Find a hairdresser friend, a florist friend, a lawyer friend, somebody that is not your ideal customer, but also not somebody that works in your industry 'cause they'll get you out of your industry jargon and you won't be selling to them in the process, right? But focus with somebody and spend, maybe get them to listen to this podcast. I'm sure Sam would appreciate you getting them to listen to this podcast anyway, but get them to listen to this podcast and then download the template and spend an hour and a half on them and then get them to spend an hour and a half on you. And you'll easily come up with a niche that makes sense because they'll hold you accountable to realizing that if you speak to far less people, you become the only logical choice as opposed to having more opportunity where nobody really takes you seriously or wants to work with you. So they will force you to make a decision and then you'll be able to work through what the high-level benefit of that is. And the template will take you through all of that. So go and download the template at matthewpollard.com/growth. And that'll really take you through every step you need to create the message and find the niche.  [00:24:04] Sam Wilson: Matthew, thank you for taking the time to come on today. This has certainly been informative and insightful, have really appreciated everything you've shared with us. My last question is typically, how do we get in touch with you? But it sounds like you've just showed us matthewpollard.com. Thank you again for coming on. Is there anything else you'd like to share the listeners before we sign off? [00:24:22] Matthew Pollard: Yeah, absolutely. For the introverts that are listening, you don't need to buy my book either to learn how to sell or network as an introvert. You know, I'm really conscious of trying to make sure that introverts get over that belief that they can actually sell or network. So you can actually download the first chapters of my book at theintrovertsedge.com. You can get the sales book there in theintrovertsedge.com/networking. And that'll get you the first chapters, the sales book, for instance, I actually will help you overcome your belief. You can sell and give you the full seven steps. If you do nothing more than what you currently say into those seven steps, you'll realize there's some things out of order, you can fix that. There's some things that don't fit. That'll be all the jargon that you tell the client, you should throw that out. And then you'll realize that there's some gaping holes like asking great questions and telling great stories. If you just do that, you'll double your sales in the next 60 days. So whichever you want to focus on networking or sales, there's a book for you.  [00:25:10] Sam Wilson: Fantastic. Matthew, thank you so much. Appreciate it. Have a great rest of your day.  [00:25:13] Matthew Pollard: My pleasure, cheers.

What Bitcoin Did
Eurodollar & The Money Printer with Lyn Alden

What Bitcoin Did

Play Episode Listen Later Aug 2, 2022 72:38 Very Popular


“This is inherently a Ponzi scheme essentially, if there's more debt than there's money, it means those debts in aggregate can never be paid down. It's not designed to ever end… it can only grow.”— Lyn AldenLyn Alden is a macroeconomist and investment strategist. In this interview, we discuss the fundamentals of the current global economy: the Eurodollar system, central banks, money printing, debt, inflation and deflation. - - - - WBD528, “Everything You Know About the Economy is Wrong with Jeff Snider”, was very popular with listeners. It raised the concept of the global economy being controlled by the Eurodollar system, an esoteric and opaque financial market outside of the control of the United States. The issues emanating from this theory are manifold, not least that central banks aren't in control.A common request was to have us discuss the issues arising from Jeff Snider's arguments with Lyn Alden. Lyn has written extensively about these issues: her November 2020 paper “Banks, QE, and Money-Printing” is a peer-leading explanation of QE. It clarified why, up to the end of 2020, QE hadn't led to the inflation that many commentators had been warning of since 2007.Jeff and Lyn are aligned on the theory that the Eurodollar system is a critical driver of the global economy, and that the risk of deflation is of concern. The differences in opinion center on the importance of sovereign debt. Jeff thinks we need more debt to unlock liquidity and combat recessionary forces. Lyn's concern is that unprecedented levels of indebtedness, in the context of recessionary forces, are an existential threat.Could the Ponzi scheme fall apart? The warning signs are there: the issues in the repo market in 2019; the breaking of the US treasury market in 2020; numerous currency crises around the world, which include developed economies. If the situation is at risk of collapse, what are the mitigations? There seems to be no official alternative to the central banks' plan to continue printing money to resolve economic problems. But, as Japan may be finding, that approach may have its natural limits. The risks are apparent, whilst the solutions are limited. Maybe we need to have Jeff and Lyn debate in person.- - - - This episode's sponsors:Gemini - Buy Bitcoin instantlyLedn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is herePacific Bitcoin - Bitcoin‑only event, Nov 10 & 11, 2022Ledger - State of the art Bitcoin hardware walletCompass Mining - Bitcoin mining & hostingCake Wallet - Open-source, privacy-focused Bitcoin walletBCB Group - Global digital financial Services-----WBD535 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

#NoFilter With Zack Peter
The Crash that Exposed Girardi Keese, Attorneys In-Question & Erika Jayne's Involvement

#NoFilter With Zack Peter

Play Episode Listen Later Jul 29, 2022 60:15 Very Popular


Today we're going to get into the Boeing Lion Air Plane Crash that exposed what's now being described as a Ponzi scheme run by Erika Jayne's husband Tom Girardi at his law firm Girardi Keese. Order some Housewives Watching Wine (in collab with Eliqs), on sale  @ www.NoFilterWine.com  Shop Amazon Storefront: www.amazon.com/shop/zackpeter  Get access to our 'Reality TV Tea' Private Facebook Group: https://bit.ly/3h0nykD  Like the show? Subscribe at: https://apple.co/2DxTKe6 and listen every Monday and Wednesday. Don't forget to leave us a nice review, because you love us! Keep up the latest show happenings at @nofilterwithzack Couldn't get enough of us? Follow Zack @justplainzack on Twitter and Instagram & justplainzack.com  Keep up with Zack on YouTube at www.youtube.com/justplainzack

The New Arab Voice
Losing Lebanon: The revolution, collapse and revenge of the state

The New Arab Voice

Play Episode Listen Later Jul 29, 2022 32:18


This week on The New Arab Voice, we're kicking off a new three-part special that's diving deep into Lebanon. The past few years have been transformational for the small Mediterranean country. The citizens of Lebanon have been pushed to its limits by a series of crises. In part one, we look back at the uprisings of October 2019 and the central bank's Ponzi scheme that brought the country's economy to its knees.Protesters took to the streets in 2019 as Lebanon's economy started to crumble and the government attempted to pass on the financial strain to the people. We explore the attempts by protesters to move away from the traditional political and sectarian structures that had ruled the country, and examine why the movement ultimately failed. When the protests ended, the economy went into a complete meltdown, destroying the savings that people had spent their lives working for and slashing the value of the Lebanese lira to the bone. We examine the Ponzi scheme that caused so much damage, the people who profited from the corrupt system, and how it affected the lives of everyday citizens. In this episode, we speak with Ronnie Chatah, host of the podcast The Beirut Banyan (@thebeirutbanyan), Lebanese journalist Faten Jebai (@faten_jebai), The New Arab's International Editor Yazan al-Saadi, and Dina Abu Zour, a lawyer with the Lebanon's Depositors Union.This podcast is written by Hugo Goodridge (@hugogoodridge) and Will Christou (@will_christou). This episode was produced by Hugo Goodridge. Theme music by Omar al-Fil (@elepheel). Other music by Blue Dot Sessions.To get in touch with the producers, follow then tweet us at @TheNewArabVoice or email hugo.goodridge@alaraby.co.uk

Creating Wealth Real Estate Investing with Jason Hartman
1874: Metaverse Real Estate: Virtual Land Boom or Ponzi Scheme? Steve Hoffman

Creating Wealth Real Estate Investing with Jason Hartman

Play Episode Listen Later Jul 27, 2022 36:54


Jason Hartman welcomes Steve Hoffman back to the show today to hear about the latest developments regarding real estate, digital assets and speculation in the metaverse.  As we see a lot of big brands such as Gucci jumping into the virtual space to sell digital assets, a lot of people are wondering, where do you buy land in the metaverse? Are these good investments? How is their worth actually determined? How are people actually earning money? Is this here to stay or just a passing fad? And what about cryptocurrencies? The amount of hype compared to the amount of utility that cryptocurrencies have delivered is completely disproportionate. People don't want to buy goods with cryptocurrency just yet, so what are they actually using cryptocurrency for?  Join Steve and Jason as they discuss future virtual worlds, NFTs, crypto and much more.  Key Takeaways: 0:00 Welcome to The Creating Wealth Show with Jason Hartman  1:04 Empowered Investor Pro Community 2:08 Welcome Steve Hoffman, Chairman & CEO of Founders Space 3:11 Buying land in the metaverse, NFTs, cryptocurrency & Decentraland  5:41 Steve's book - The Five Forces That Change Everything: How Technology is Changing our Future 8:18 Big brands like Gucci are selling virtual goods 10:07 Make money speculating on virtual land in the metaverse 11:08 Axie Infinity - play to earn  13:49 Inflation and virtual currency 14:53 Real value or a Ponzi scheme?  18:36 Virtual assets and gambling 19:34 Mark Zuckerberg & Facebook's Metaverse  20:52 Why didn't Amazon launch a cryptocurrency?  24:09 Bitcoin: a decentralized money of the people  26:16 Central bank digital currency 29:46 Russia, SWIFT system, XRP 32:02 Distinguishing Bitcoin from other crypto 33:21 The evolution of Bitcoin  34:49 Find Steve Hoffman at FoundersSpace.com   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Learn More: JasonHartman.com Get wholesale real estate deals for investment or build a great business – Free course: JasonHartman.com/Deals Free White Paper on The Hartman Comparison Index™: HartmanIndex.com/white-paper Free Report on Pandemic Investing: PandemicInvesting.com Jason's TV Clips in Vimeo Free Class: CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect Special Offer from Ron LeGrand: JasonHartman.com/Ron What do Jason's clients say? JasonHartmanTestimonials.com Contact our Investment Counselors at: www.JasonHartman.com Watch, subscribe and comment on Jason's videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos Guided Visualization for Investors: JasonHartman.com/visualization Jason's videos in his other sites: JasonHartman.com/Rumble JasonHartman.com/Bitchute JasonHartman.com/Odysee Jason Hartman's Extra YouTube Channel Jason Hartman's Real Estate News and Technology (RENT) YouTube Channel

Building Fortunes Radio with Host Peter Mingils
Legal definitions and everyday explanations on MLM Pyramids and Ponzi Scams

Building Fortunes Radio with Host Peter Mingils

Play Episode Listen Later Jul 27, 2022 37:00


Legal definitions and everyday explanations on MLM Pyramids and Ponzi Scams on Building Fortunes Radio  NetworkLeads.com is the best MLM Lead Generation Company Network Marketing professionals  Archived shows https://www.buildingfortunesradio.com For MLM Leads, MLM Training, and Lead Management Systems, https://www.NetworkLeads.com Advertise on MLM Classified websites on the Youmongus Ad Network https://www.youmongusadnetwork.com  is a classified ads website network that PM Marketing developed for Network Marketing Opportunities and MLM Product Sales. Advertise on  http://www.mlmwhoswho.net  and https://www.youmongusads.com   Peter Mingils owns PM Marketing and a background in direct sales and direct sales management. Previous board DSWA Direct Sales Womens Alliance https://www.mydswa.org and past President of DRA The Distributor Rights Association and ANMP https://www.anmp.com  The Association of Network Marketing Professionals.Best mlm lead generation . Avoid MLM Ponzi Schemes and Pyramid Scams. Peter Mingils owns MLM Charity https://mlm.charity and  MLM News https://mlm.news (386) 445-3585

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Plain English with Derek Thompson
Crypto Crash, Part II: A Debate About the Future of Web3

Plain English with Derek Thompson

Play Episode Listen Later Jul 26, 2022 56:11 Very Popular


Today is the second half of our special two-parter on the state of crypto. Yesterday's theme was the case against. Today we debate the case for. In the last few weeks, use-cases have become a popular trope in the big crypto debate. Crypto has tens of thousands of people working with dozens of billions of dollars on building new technology. And I think it's fair to ask: What have they built that is better than the status quo? What, as Monty Python might ask, has blockchain ever done for us? Today's guest is Packy McCormick. Packy is the popular author of the Not Boring newsletter. In this episode, we debate use-cases for crypto, talk about whether major products are just Ponzi schemes, and discuss whether all the money sloshing around Web3 has subtly distorted the market and hurt the space. Host: Derek Thompson Guest: Packy McCormick Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

West Coast Cookbook & Speakeasy
West Coast Cookbook and Speakeasy - River City Hash Mondays 25 July 22

West Coast Cookbook & Speakeasy

Play Episode Listen Later Jul 26, 2022 63:04


West Coast Cookbook & Speakeasy is Now Open! 8am-9am PT/ 11am-Noon ET for our especially special Daily Specials; River City Hash Mondays!Starting off in the Bistro Cafe, despite warnings from Liz Cheney, all signs point to Republicans standing by Donald Trump as he hints at running for President again.Then, on the rest of the menu, energy experts say the Republican outrage over petroleum reserve sales is overblown; GOP representative Ted Budd of North Carolina got big bucks for opposing consumer protections against predatory lending, despite his own state prohibiting the practice; and, the FBI says it busted a big crypto Ponzi scam, but then they discovered it was even bigger.After the break, we move to the Chef's Table where Japan's nuclear regulator approved a planned release of treated radioactive wastewater from the still-wrecked Fukushima nuclear power plant into the sea next year; and, China launched one of two laboratory modules to complete its permanent orbiting space station.All that and more, on West Coast Cookbook & Speakeasy with Chef de Cuisine Justice Putnam.Bon Appétit!~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~"I was never a spy. I was with the OSS organization. We had a number of women, but we were all office help." -- Julia Child~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Show Notes & Links: https://www.dailykos.com/stories/2022/7/25/2112386/-West-Coast-Cookbook-amp-Speakeasy-Daily-Special-River-City-Hash-Mondays

Plain English with Derek Thompson
Crypto Crash Part I: Debating the Case Against Crypto

Plain English with Derek Thompson

Play Episode Listen Later Jul 25, 2022 51:52


Today, we have the first in a two-part series on lessons from the crypto crash. Crypto, also known as Web3, also known as blockchain-based technologies, remains the weirdest space I've ever reported on. I've never learned so much about a topic where there were people I trusted roughly equally, whose intelligence I trusted roughly equally, coming to completely opposite opinions. People I consider brilliant think this is the wave of the future. Others are fairly positive that the bulk of this world is a giant Ponzi scheme that's even worse than most people realize.Today's guest is Molly Wood, a financial journalist turned venture capitalist who also hosts the podcast 'This Week in Startups.' I would summarize Molly's case against crypto in three main points: It is a double-enemy of the environment—an energy-intensive speculation that pulls money and talent from climate technology. It is an unregulated bonanza of investor shenanigans—Molly explains why the very structure of crypto tokens invites a kind of Ponzi-scheming dynamic, which deserves our attention. Even if you have nice things to say about crypto—and we do have nice things to say about it—there's a strong case to be made that the promises and the grandiosity is wildly out of line with the actual use cases. The timing on this episode feels right. Last week, several employees of the crypto trading exchange Coinbase were charged with wire fraud, the first insider-trading case involving cryptocurrencies. This is our little podcast trial of crypto. Today, the prosecution. Tomorrow, the defense. Host: Derek Thompson Guest: Molly Wood Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

Macrodosing: Arian Foster and PFT Commenter
Bernie Madoff ft. Large

Macrodosing: Arian Foster and PFT Commenter

Play Episode Listen Later Jul 19, 2022 173:06 Very Popular


On today's episode of Macrodosing, the crew welcomes on finance specialist, Large from Barstool's 'Twisted History' podcast to talk the Ponzi scheme king, Bernie Madoff. Everything from his early beginnings to his inevitable downfall which was his $64.8 billion dollar Ponzi scheme. Also, Billy Football returns and has MANY takes to rifle off. All of this and more on today's show. Enjoy!

A bientôt de te revoir
#120 - Salomé Saqué, Camille Étienne et Paloma Moritz

A bientôt de te revoir

Play Episode Listen Later Jul 18, 2022 37:40


Ça parle, ça dit les termes, et ça reste précis dans l'axe. Devant un public de pantins énergiques, SML partage sa passion pour les poubelles de couleur allemandes à Camille Étienne, Paloma Moritz et Salomé Saqué. Un moment cheer-up d'intelligence, sans douceur, où l'engagement écologique croise la finitude des choses, la formation des journalistes, la capacité d'action des êtres humains et le pitch de Matrix en une minute. Avec des questions urgentes comme : que faire face aux gens qui demandent un cookie quand on parle d'écologie ? Les éléphants courent-ils quand ils voient un tsunami ? Comment on fait pour avoir les clés de la boutique et créer un système de Ponzi de l'écologie ? Quelles astuces pour les moments où ça va pas fort ? Le titre terroir d'or : « Je suis mes oncles » Le point poésie : « Je commence à apprendre par cœur des citations d'António Guterres, le secrétaire général de l'ONU » La vérité puisqu'on ment : « On est des chaussettes et des slips ensemble » La citation à méditer : « Qui a peur de mourir, par applaudissements ? » CRÉDITSÀ bientôt de te revoir est un podcast de Sophie-Marie Larrouy produit par Binge Audio, enregistré en juin 2022 au festival We Love Green (Bois de Vincennes). Générique : Josselin Bordat. Prise de son et réalisation : Quentin Bresson. Production : Anaïs Daïkha et Naomi Titti. Édition : Sirine Azouaoui. Communication : Jeanne Longhini et Lise Niederkorn. Identité sonore Binge Audio : Jean-Benoît Dunckel (musique) et Bonnie El Bokeili (voix). Identité graphique : Karolina Mikos (Upian). Direction des programmes : Joël Ronez. Direction de la rédaction : David Carzon. Direction générale : Gabrielle Boeri-Charles. Voir Acast.com/privacy pour les informations sur la vie privée et l'opt-out.

Not Another True Crime Podcast
Sarah Howe (The Scheme Queen) & The Ladies Deposit Company

Not Another True Crime Podcast

Play Episode Listen Later Jul 18, 2022 43:41


In this episode, Sara and Danny take it all the way back to eighth grade Social Studies and recount the story of the woman who started a Ponzi scheme before it was even a thing. Howe launched a ‘charity' to help unmarried women (aka Unprotected Females aka millennial Girl Bosses) and got them to make small donations to help her Swanky Bank. Her #gatekeeping was so successful that male reporters literally couldn't even get inside her building when her business endeavors got suspicious. Unfortunately she wasn't a #womanhelpingwomen; when her clients demanded their money back, Howe couldn't pay them back. Then, the NY Times claimed that women shouldn't be trusted with money. But Howe was anything but stupid. Finally, Sara and Danny finish things off with some trivia: Sarah Howe did it happen?

F5 Live: Refreshing Technology (Audio)
July 17, 2022 - Episode 626

F5 Live: Refreshing Technology (Audio)

Play Episode Listen Later Jul 17, 2022 84:23


This week, PlayStation Stars are "definitely not" NFTs, Celsius is almost certainly a Ponzi scheme, and Microsoft might just try to buy Netflix.

F5 Live: Refreshing Technology (Video)
July 17, 2022 - Episode 626

F5 Live: Refreshing Technology (Video)

Play Episode Listen Later Jul 17, 2022 84:31


This week, PlayStation Stars are "definitely not" NFTs, Celsius is almost certainly a Ponzi scheme, and Microsoft might just try to buy Netflix.

The Good Morning Crypto Show
E104 | MAJOR CRYPTO PONZI COLLAPSE, Ripple ODL Takeover, "Aggressive Regulation" Incoming

The Good Morning Crypto Show

Play Episode Listen Later Jul 15, 2022 62:14


Today on Good Morning Crypto…  We will be discussing…  Crypto Lender Celsius , with over 12 Billion in assets under management, has filed for bankruptcy. We discuss the reaction from the market and what are the red flags to watch for with exchanges going forward.  Bitcoin of America, with over 2,500 Crypto ATMs in 31 states, is advancing the education of crypto, as the G20 watchdog warns of “Robust” crypto regulation coming this fall.   China CBDC is continuing to expand, as citizens are currently being arrested for withdrawing funds.  Polygon has major development news after being added to Disney's “Accelerator Program”. An Ex Ripple Advisor is set to bring in “aggressive regulation” for the crypto markets, and we break down the latest developments on the XRPL, exposing a document on France potentially using XRP as the rails for their CBDC. // Linqto https://www.linqto.com/?cjevent=b65ecbbec46011ec81b91b3a0a1c0e10 //// T H E 3 T W A R R I O R A C A D E M Y // Join the 3T Warrior Academy: https://3twarrior.com/warrioracademy?affiliate_id=3827481 // Join our Free Discord: https://3twarrior.com/discord49541345 //// F O L L O W T H E T E A M // Official Good Morning Crypto https://linktr.ee/3tGMCrypto Twitter: https://twitter.com/3tGMCrypto // Abs  Instagram: https://www.instagram.com/Abs3t/ // Mario | Node Defender https://linktr.ee/nodedefender Twitter: https://twitter.com/NodeDefender Youtube: https://youtube.com/channel/UCnld-Xvam562HFQDOIBwymw Instagram: https://www.instagram.com/NodeDefender/ // Johnny Krypto https://linktr.ee/johnnykrypto Twitter: https://twitter.com/JohnnyKrypto00 YouTube: https://www.youtube.com/channel/UCm-qyQNf1rnUaw6u20mKCVw // Gonzo Twitter: https://twitter.com/gonzo_3t Instagram: https://www.instagram.com/gonzo_3t/ // Selman Twitter: https://twitter.com/SelmanGee YouTube: https://www.youtube.com/c/GeeInvesting // NFTtones: https://linktr.ee/NFTtones // Billy Twitter: https://twitter.com/WadkinsBilly TikTok: @Homeless2Humbled Instagram: https://www.instagram.com/homeless2humbled_ //// #Crypto #CryptoNews #Bitcoin #BTC #Ethereum #ETH #XRP #CryptoCurrency #Finance #Talkshow #NewsShow #money #finance #Metaverse Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto Critics' Corner
Celsius Network: a Pyramid of Ponzis

Crypto Critics' Corner

Play Episode Listen Later Jul 14, 2022 37:48 Very Popular


Today Bennett and Cas talk about a civil suit brought by a former contracted employee of Celsius Network against the entity itself claiming that Celsius Network has, effectively, been run as a Ponzi scheme (and doesn't have the funds to pay back its debts). This episode was recorded on July 7th (before Celsius Network filed for Chapter 11 bankruptcy protection) and was produced by Asher Hirsch.

Power Prosperity Podcast with Randy Gage
Episode 508: The Truth about Crypto MLMs

Power Prosperity Podcast with Randy Gage

Play Episode Listen Later Jul 14, 2022 30:56


In this episode, Randy takes the gloves off and in plain, simple terms exposes the various models of pyramid and Ponzi schemes posing as legitimate direct selling companies. This is the show the con artists don't want you to hear! By the time you're finished, you know the difference between legitimate leveraged sales opportunities, cryptocurrencies, and the scams. https://www.randygage.com/ Please rate the show and subscribe! Randy's book "Direct Selling Success" http://ow.ly/IQ7Q50JV7iW

The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin
The CBP #068 - Recession, Ponzi Blow Ups, European Crisis

The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin

Play Episode Listen Later Jul 12, 2022 81:17


FRIENDS AND ENEMIES Thanks for coming back for another episode of The Canadian Bitcoiners Podcast. Powered by Shakepay! Receive $30 CAD on your first deposit of $100 CAD. Shakepay is the service we use to buy Bitcoin, and there isn't an easier way to start your stack! And Ledn.io! We use Ledn as a way to earn a nice chunk of Bitcoin interest on our BTC, and they offer loans, B2X and other services as well - check them out! Earn 10 USDC when you deposit and hold a minimum of 75 USDC or 150K satoshis! This week: Recession Imminent Leverage Unwinds in CeFi/DeFi Ponzi Implosions Concluding Thoughts on Tether European Energy Disaster CPI Preview Changing Interest Rate Narratives And more. As always, leave us some feedback on Apple Podcasts - your ratings and reviews help the show grow - or reach out to Joey and Len on Twitter, leave us a note on our Reddit posts, or drop a comment on our YouTube channel. We appreciate all the support and feedback, and hope you'll come back for more! Later! _____________________________________ Shakepay - https://shakepay.me/r/cbp Get free $30 when buying $100 of BTC or ETH Ledn - https://start.ledn.io/CBP Earn 10 USDC when you deposit and hold a minimum of 75 USDC or 150K satoshis (0.0015 BTC) in a Ledn Savings Account for 15 days or longer Looking for a hardware wallet (Coldcard), Blockclock or other great Coinkite hardware? Use our discount referral link below to help support this show! https://store.coinkite.com/promo/CBP --- Send in a voice message: https://anchor.fm/canadian-bitcoiners/message

The Money Show
SA's ruling party dangles 2 million jobs carrot before 2024 election

The Money Show

Play Episode Listen Later Jul 12, 2022 81:26


Experts talk about the labour minister, Thulas Nxesi's promise to create 2 million jobs by 2024. Douglas MacMillan, corporate accountability reporter at The Washington Post on the UberFiles, specifically how the e-hailing service lied about their model in order to enter new markets such as South Africa. In Investment School, Petri Redelinghuys founder at Herenya Capital Advisors on how to spot Ponzi scheme investments or scams See omnystudio.com/listener for privacy information.

Palisade Radio
Lawrence Lepard: The World in Monetary Chaos

Palisade Radio

Play Episode Listen Later Jul 8, 2022 56:31 Very Popular


Tom welcomes Lawrence Lepard back once again to discuss the markets, mining industry, and the fragile state of the economy. Lawrence discusses the supposed massive discovery of gold in Uganda and why it's hype and absurd. It would have to be about a hundred times the richest mines in production today. A high dollar encourages countries to find alternatives. We're living in a world of monetary chaos and enormous debt structures. ZIRP and NIRP have created enormous financial distortions which are only getting worse. We never imagined that money could get this cheap and markets could get so overvalued. The bubble has found a pin and everything is down twenty plus percent. If they don't pivot, we're looking at a major recession or depression because a Ponzi can't be tapered. Markets are going to go to zero if Powell maintains his approach. We've seen 31 trillion in valuation loss worldwide in equities. We've wiped out one and half times total annual U.S. GDP in paper wealth in six months. Gold in comparison is only down six or seven percent over the past year. Gold is hanging in and is likely finding a base for the next leg up. Gold and Bitcoin are non-state money alternatives. The Fed is trying to make the dollar more sound, and the next act this fall will see another big leg down in equities. Housing will continue to decline as mortgage rates climb. This fall, they will realize the economy is crumbling, and they will pivot. Then we will see gold and Bitcoin will go to the moon. They have to pivot, the only question is when. The old world is gone, and we're not going back to two percent inflation. We may have reached peak house inflation as that market had gone parabolic. This environment will be very choppy. Those that control the economy, default policy will be to debase the currency. We've had certain sector almost express hyperinflation over short time-frames. High inflation leads to hyperinflation. We need nuclear power and a more sober approach to energy investment globally. The Fed creates bubbles that naturally lead to busts, which can devastate the average person who is trying to make correct choices. Time Stamp References0:00 - Introduction0:34 - Uganda Finding Gold?5:43 - Fed & Dollar Strength17:40 - Hard vs Soft Money23:47 - Pause the Taper?28:07 - Inflation + Deflation31:54 - Defining Hyperinflation32:56 - Channeling Volcker36:07 - Sizing Positions38:04 - ESG & Energy41:20 - Nuclear & Geothermal44:35 - Roaring 20s Story47:50 - Sound Money Fix54:17 - Wrap Up Talking Points From This Episode The dollar and why the Fed is certain to pivot.Sound money alternatives and the next leg down in equities.Energy markets and the need for nuclear. Guest Links:Newsletter: http://eepurl.com/gOf1dTWebsite: http://www.ema2.comTwitter: https://twitter.com/LawrenceLepard Lawrence W. Lepard is the Founder and Managing Partner of Equity Management Associates. He has spent his entire 38-year career as an investor, principally focusing on venture capital opportunities. Before co-founding EMA, Mr. Lepard spent 13 years at Geocapital Partners, in Fort Lee, NJ. There he was one of two Managing General Partners and was responsible for several venture capital funds. Before Geocapital, Mr. Lepard spent seven years at Summit Partners in Boston and California, where he was a General Partner at Summit I and Summit II. Mr. Lepard received his BA in Economics from Colgate University, and he received an MBA with Academic Distinction from Harvard Business School.

NFT Alpha Podcast
NFT Morning Show - Friday 7/8

NFT Alpha Podcast

Play Episode Listen Later Jul 8, 2022 92:06


This show was sponsored by Jenkins The Valet and Tally Labs for their upcoming drop Azurbala. In this episode, we talk about the accusations from 0xb1 against the crypto exchange, Celsius, exposing them as a Ponzi scheme. We then discuss WAGMIi United, the new soccer team project that's dropping in the NFT space, as well as some other stories like the Mutant Ape Yacht Club's recent run-up, and the current state of the NFT market with new economic data coming out. Azurbala's Twitter Tune in live every weekday Monday through Friday from 9:00 AM Eastern to 10:30 AM Buy our NFT Sign up for FTX Join our discord Check out our Twitter Give us your thoughts on the show by leaving a rating. -- DISCLAIMER: You should never treat any opinion expressed by the hosts of this content as a recommendation to make a particular investment, or to follow a particular strategy. The thoughts and commentary on this show are an expression of the hosts' opinions and are for entertainment and informational purposes only. This show is never financial advice.

The Layah Heilpern Show
#093 Why The Dollar Is A Ponzi & Bitcoin Prediction | Greg Foss

The Layah Heilpern Show

Play Episode Listen Later Jul 8, 2022 51:10


Canadian and former hedge fund manager, and individual investor Greg Foss joins to discuss Bitcoin and why the fiat ponzi is running out of time. Greg was one of the five "multi-signature" key holders of the Bitcoin raised for the Freedom convoy protest in Canada. He explains why Bitcoin mass adoption is inevitable, how the global macro picture is pointing to fiat being in a late-stage cycle, and why all fiat currencies are like melting ice cubes. He also gives a bitcoin price prediction so don't miss it! Sponsored by @BitMEX for more info about the $1M prize click here Sponsored by @blockfi get up $250 when you join: blockfi.com/layah

WPRV- Don Sowa's MoneyTalk
When There's Blood in the Streets

WPRV- Don Sowa's MoneyTalk

Play Episode Listen Later Jul 8, 2022 31:03


An old investment adage states, when it's the right time to buy, you won't want to. Steve and Nathan offer some statistics that paint the present moment as a strong buying opportunity. Also, our MoneyTalk Moment in Financial History centers around one of the biggest Ponzi schemes in history that you've never heard of, the story of The Match King, Ivar Kreuger. Hosts: Steven Beauvais & Nathan Beauvais, EA, CFP® Air Date: July 6, 2022. See omnystudio.com/listener for privacy information.

True Crime Binge
92: Sarah Ferris

True Crime Binge

Play Episode Listen Later Jul 6, 2022 36:30


This week, Bob is joined by Sarah Ferris, host of the new podcast, “Klooghless: The Long Con.” Sarah also hosts two other true crime podcasts, along with a sustainability podcast, but her most recent podcast covers the story of one of the largest Ponzi schemes in New Zealand history, and her family's connection to the case. Before learning more about the case, Bob and Sarah chat about the fiasco at CrimeCon UK this year, real estate, and how Sarah ended up co-hosting a podcast with a former FBI agent.

What Bitcoin Did
Bitcoin Behind the Veil with Craig Warmke

What Bitcoin Did

Play Episode Listen Later Jul 4, 2022 99:02 Very Popular


“You can't just sit in a hut and think that the technology that you built is inevitably going to take over the world. You actually have to do the hard work of convincing people and getting in front of the public. So you can have an effect on the public imagination. And so building is not enough… I think you have to build and teach”— Craig Warmke- - - -Craig Warmke is a philosopher and fellow at the Bitcoin Policy Institute. In this interview, we discuss the biases and pressures that distort opinions about Bitcoin, and a framework for enabling objective evaluation of Bitcoin's value and risk to individuals and society. - - - - Bitcoin has proved itself to be the hardest money ever created at a time when the world's monetary systems are under unprecedented stress. It also provides an array of unique utilities: it helps vulnerable people; disrupts rent-seeking exploitation and brings pluralism to money for ordinary people.And yet, for the majority, Bitcoin is still funny internet money, or worse, a Ponzi scheme, criminal back channel and/or environmental disaster. Why are so many people still struggling to see what Bitcoiners see? Hal Finney's writings are uncannily prescient. One such example is ‘Politics vs Technology': a short 1994 article about cypherpunk responses to the dangers of government overreach. Many believed solutions were to be found in coding new tools. Finney was less sure that technology in isolation would change the world. To him, active engagement is vital: “If we want freedom and privacy, we must persuade others that these are worth having. There are no shortcuts.” If education is the magic bullet, how should we persuade those still on the sidelines? Craig Warmke has proposed a framework that enables people to strip away their unconscious bias, subjective viewpoints and peer group constraints. The critical characteristic of the framework is that it requires openness to all of Bitcoin's tradeoffs; bias affects both sides of the debate. It makes the approach a powerful educational weapon: each individual can see the issues through a new lens; and, because both sides are required to confront their partiality, the conversation can become honest and collaborative. It also enables a fair review of the hidden costs of wider Bitcoin adoption, so that Bitcoin's case can be further strengthened. - - - - This episode's sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesBitcasino - The Future of Gaming is herePacific Bitcoin - Bitcoin‑only event, Nov 10 & 11, 2022Ledger - State of the art Bitcoin hardware walletCompass Mining - Bitcoin mining & hostingCake Wallet - Open-source, privacy-focused Bitcoin walletBCB Group - Global digital financial Services-----WBD522 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

The Heresy Financial Podcast
How to Know When to Buy Bitcoin

The Heresy Financial Podcast

Play Episode Listen Later Jul 1, 2022 11:40


There is carnage everywhere we look! Crypto is collapsing, we are seeing exchanges start to lay people off, as well as Celsius has frozen withdrawals. Celsius got wrapped up in the Luna/Terra debacle. Now we're seeing chaos everywhere we look, with Ponzi schemes, scams, and a collapse in prices of other assets. The big question is, "if we're looking at Bitcoin is now a good time to buy?" Or if not, when is a good time to buy? How can we know when we know we're at or near a bottom, and start to buy the dip intelligently. Instead of buying all the way down, and losing more money. In this video, I will answer how to know exactly when to buy Bitcoin. Swan Bitcoin (Get $10 of BTC) https://www.swanbitcoin.com/heresyfinancial

So Far, SoRare
The Academy, Mbappe & Ponzi's with SorareTools

So Far, SoRare

Play Episode Listen Later Jul 1, 2022 85:06


This week on the Sorare podcast, John speaks to SorareTools, AKA Julius who runs a site for monitoring your gallery and tax requirements - a topics often overlooked in the world of NFT's due to the complexity. The lads spoke about the huge Mbappe announcement, the amazing new academy for onboarding new users to Sorare & the new minimum bid feature. Is Sorare a ponzi scheme? The boys hit the hard question and the answer might not be what you think! The 137pm game pot is up to $160, can Julius make it $200?To attend the Sorare meet up, get your tickets HERESee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Mises Media
From the Eccles Building to Vegas: The Fed Enables the Worst Ponzi Schemes

Mises Media

Play Episode Listen Later Jun 30, 2022


Peter Schiff once joked that Obama should have appointed Bernie Madoff secretary of the Treasury. The government's easy money policies ultimately lead to Ponzi schemes. Original Article: "From the Eccles Building to Vegas: The Fed Enables the Worst Ponzi Schemes" This Audio Mises Wire is generously sponsored by Christopher Condon.

Audio Mises Wire
From the Eccles Building to Vegas: The Fed Enables the Worst Ponzi Schemes

Audio Mises Wire

Play Episode Listen Later Jun 30, 2022


Peter Schiff once joked that Obama should have appointed Bernie Madoff secretary of the Treasury. The government's easy money policies ultimately lead to Ponzi schemes. Original Article: "From the Eccles Building to Vegas: The Fed Enables the Worst Ponzi Schemes" This Audio Mises Wire is generously sponsored by Christopher Condon.

The Derivative
Trend Following Crypto with Leigh Drogen of Starkiller​

The Derivative

Play Episode Listen Later Jun 30, 2022 76:11


What should we make of the recent crypto crash? A sign this is all a scam? Or just another dip in the cycle? Gather round; you're in for an interesting chat with the Church of the Flying Spaghetti Monster Disciple on Twitter @LDrogen. A Long Island surfer turned quant turned crypto fund manager who shows us how you have to be able to hold two separate thoughts in your head to succeed in the wild world of crypto. We're hanging ten and talking Crypto with Starkiller Capital's Leigh Drogen. In this episode, Jeff and Leigh bond over their love of skiing, the inception of Starkiller, how he's doing trend-following on a portfolio of coins with dynamic yield farming. Jeff gets Leigh to dive deep on the long list of warts in crypto: shadow banking, yield swaps, yolo trades, Ponzi schemes – but also wants to know what the real opportunities are. They then talk just how you can do trend following on assets so volatile, how you even start to go about doing due diligence in this space, and how to hedge the book. Plus, Leigh's in the hot seat giving us his views for preparing for the next 10x cycle — SEND IT! Chapters: 00:00-01:44 = Intro 01:45-10:50 = Big Wave Surfing, Skiiing & Montana scenery 10:51-31:45 = The Warts of Crypto: Shadow banking, Yield Swaps, Yolo trades & Ponzi schemes 31:46-43:19 = Trading the coins: Trend following in the Volatile Crypto space 43:20-58:02 = Hedging the book, Coin rewards & farming for extra yields and liquidity 58:03-01:09:57 = Managing Risk & Stepping into the pool with a hazmat suit 01:09:58-01:16:11 = Hottest take: Preparing for the next 10x cycle Follow along with Leigh on Twitter @LDrogen and @StarkillerCap and for more information visit www.starkiller.capital Don't forget to subscribe to The Derivative, and follow us on Twitter at @rcmAlts and our host Jeff at @AttainCap2, or LinkedIn , and Facebook, and sign-up for our blog digest. Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visit www.rcmalternatives.com/disclaimer

White Collar Crimes
Lou Pearlman- Boy Band Con Man

White Collar Crimes

Play Episode Listen Later Jun 29, 2022 22:46


If you turned on a radio or TV in the late 90's through early 2000s, you most likely heard one of the acts he produced, such as the The Backstreet Boys. But Pearlman financially exploited them and many acts he represented stealing as much as $300 million from them. Hear the story of the man believed to have pulled off the biggest Ponzi scheme in entertainment industry history. --- Support this podcast: https://anchor.fm/ryan-christopher-horn/support

The Ricochet Audio Network Superfeed
Cryptonite with Rich Goldberg: Ponzi Schemes and Death by Fire (#12)

The Ricochet Audio Network Superfeed

Play Episode Listen Later Jun 27, 2022 41:56


Host Rich Goldberg is joined by Dr. Nicholas Weaver of UC-Berkeley, one of the nation’s leading crypto skeptics, who tells us why all cryptocurrencies will end in disaster. He explains why all crypto should “die in a fire,” why he views cryptocurrencies as Ponzi schemes, and he shares the little-known story of Pirate@40. Nicholas Weaver received a […]

Crisco, Dez & Ryan After Hours Podcast
Secrets: What did you find out later in life that you wish you didn't?!

Crisco, Dez & Ryan After Hours Podcast

Play Episode Listen Later Jun 27, 2022 4:18


What did you find out later in life that you really wish you didn't?? "At age 30 when my dad was terminally ill, I found out that my uncle is really my dad. My mom has never brought up the subject. I found out in a letter from my uncle." "Secret, I wish I didn't know my grandfather ran a huge Ponzi scheme and ruined hundreds of families' savings. He died before he could be punished for it." "Found out later in life that my brother is actually my half brother and my mom had an affair with another man. My dad knew but forgave her and raised my brother as his own."

Cryptonite with Rich Goldberg
E12. Ponzi Schemes and Death by Fire

Cryptonite with Rich Goldberg

Play Episode Listen Later Jun 27, 2022 41:56


Host Rich Goldberg is joined by Dr. Nicholas Weaver of UC-Berkeley, one of the nation’s leading crypto skeptics, who tells us why all cryptocurrencies will end in disaster. He explains why all crypto should “die in a fire,” why he views cryptocurrencies as Ponzi schemes, and he shares the little-known story of Pirate@40. Dr. Nicholas Weaver Nicholas Weaver received a B.A. Source

Mormon Discussions Podcasts – Full Lineup
Mormonism LIVE: 081: A Failure of the Priesthood

Mormon Discussions Podcasts – Full Lineup

Play Episode Listen Later Jun 26, 2022 132:23


Aleesha Franklin, daughter of Ponzi-scheme magnate Gaylen Rust, returns to Mormonism LIVE to share her personal story of how a catastrophic failure of Priesthood Leadership, both local and general, led to her disaffection from the LDS Church The post Mormonism LIVE: 081: A Failure of the Priesthood appeared first on Mormon Discussions Podcasts - Full Lineup.

Cops and Writers Podcast
073 F.B.I. Special Agent Jerri Williams Takes Us On A Guided Tour Of Thrillerfest, Her Podcasting And Author Career

Cops and Writers Podcast

Play Episode Listen Later Jun 26, 2022 81:22


On today's show, I'm honored to bring back Retired F.B.I Special Agent Jerri Williams!  Jerri was my guest way back on April 11, 2021, episode #11, which is still one of the most popular episodes to date! Jerri Williams served 26 years as a Special Agent with the FBI. During her FBI career, Jerri investigated many crimes, including bank robberies, and later she specialized in cases targeting major economic crime and corruption. Her investigation of a $350 million Ponzi scheme perpetrated against unsuspecting nonprofit organizations, high-profiled philanthropists, and beneficiary donors resulted in a 12-year prison sentence and multiple forfeitures. Toward the end of her federal law enforcement career, Jerri was appointed as the spokesperson for the Philadelphia Division of the FBI, taking on the responsibility of educating and informing the media and public about the Bureau.On today's show, Jerri does a thorough analysis of Thrillerfest, podcasting, and her author career.  In today's episode, we discuss:·      Jerri's fiction and nonfiction books.·      Her wildly successful podcast, F.B.I. Retried Case File Review, and her advice to new podcasters.·      What Thrillerfest is and who attends it.·      How Thrillerfest has changed her career.·      Her experience giving a class and being on a panel with bestselling authors.·      The costs of attending Thrillerfest.·      The stigma that was attached to being an indie author and how that is changing.·      Hoping that Jerri attends 20books Vegas.·      The exciting projects Jerri is involved with. All of this and more on today's episode of the Cops and Writers podcast.Check out Jerri's website, which has links to her books, podcast, and much more!Listen to episode #11 of the Cops and Writers Podcast with Jerri as my guest!Enjoy the Cops and Writer's book series.Please visit the Cops and Writers website.If you have a question for the sarge, hit him up at his email.Come join the fun at the Cops and Writers Facebook groupModem MischiefTrue stories from the digital underground.Listen on: Apple Podcasts Spotify Killin Missin HiddenThe podcast about bad things! Hosted by a former criminal defense trial attorney,...Listen on: Apple Podcasts SpotifySupport the show

Mormon Discussion by Bill Reel
Mormonism LIVE: 081: A Failure of the Priesthood

Mormon Discussion by Bill Reel

Play Episode Listen Later Jun 26, 2022 132:23


Aleesha Franklin, daughter of Ponzi-scheme magnate Gaylen Rust, returns to Mormonism LIVE to share her personal story of how a catastrophic failure of Priesthood Leadership, both local and general, led to her disaffection from the LDS Church The post Mormonism LIVE: 081: A Failure of the Priesthood appeared first on Mormon Discussion by Bill Reel.

Radio Free Mormon
Mormonism LIVE: 081: A Failure of the Priesthood

Radio Free Mormon

Play Episode Listen Later Jun 26, 2022 132:23


Aleesha Franklin, daughter of Ponzi-scheme magnate Gaylen Rust, returns to Mormonism LIVE to share her personal story of how a catastrophic failure of Priesthood Leadership, both local and general, led to her disaffection from the LDS Church

The Mediocre Alaskan Podcast
Episode 288 - The value of physical challenges

The Mediocre Alaskan Podcast

Play Episode Listen Later Jun 21, 2022 39:15


Danny Lehr is co-founder of Caffeine and Kilos lifestyle brand and is the friend everyone needs. He's a doer who pushes himself and encourages others, but not in a cheesy or Ponzi-scheme sort of way. In this episode we talk about trying new things, taking risks and staying honest. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Dick Show
Episode 313 - Dick on Internet Father's Day

The Dick Show

Play Episode Listen Later Jun 21, 2022 135:16


Internet Father's Day, my dog throws up in the car, red flag laws for food, murrlogic's new shoes, The Quartering talks about his lawsuit, his coffee, and his gay beans, various crypto Ponzi schemes, Internet Hate Machine talks about the GiveSendGo hacker, and another rap about fat women; all that and more this week on The Dick Show.

Geek News Central
Bill Gates says NFTs are for Fools #1606

Geek News Central

Play Episode Listen Later Jun 17, 2022 46:20


Bill Gates says NFTs are for Fools and I think I completely agree with him. The more I learn about NFTs the more I think it's the most modern-day Ponzi scheme in existence. If you have money to literally burn then send it my way before you buy an NFT it will go to tangible use. The post Bill Gates says NFTs are for Fools #1606 appeared first on Geek News Central.

Mark Levin Podcast
Mark Levin Audio Rewind - 6/13/22

Mark Levin Podcast

Play Episode Listen Later Jun 14, 2022 117:18 Very Popular


On Monday's Mark Levin Show, the stock market tanked today, and the Federal Reserve is raising interest rates again because they miscalculated and subsidized massive deficit spending. The Democrats, without a single Republican vote, passed the largest deficit-spending bill in American history. Before that, 19 Republicans voted with the Democrats for an infrastructure bill that spent trillions more. This is why we have inflation. The country is now economically dislocated, and the Democrats' goal is to limit your choices like only getting gas on certain days, and controlling and lowering your electricity consumption. Biden, the Democrats, and the American Marxists are systemically dismantling the greatest economic engine this world has ever seen. Then, President McKinley invited the wealthiest men in America to save America from fiscal insolvency. An independent board known as the Federal Reserve was created to ensure that the country had sound money. However, the federal system has become a Ponzi scheme and the Fed has become the drug dealers for the drug addicts in Washington whose drug of choice is printing and spending tax dollars. Later, it's only a matter of time before we're at war with communist China, not because of America but because of their aggression. If China attacks Taiwan and the U.S does nothing they will view this as weakness and come after us. There is an eerily similar parallel between our history from the Great Depression through World War II and recent history. Afterward, the push for red-flag laws is upon us, but we've seen what they've done with the FISA Court, we've seen what they've done with the Patriot Act. No more. Don't be bullied and cowed into giving up any more liberty. The ruling class in Congress did nothing to prevent these shootings and more gun laws won't fix anything.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cult or Just Weird
S4E6 - The Scheme

Cult or Just Weird

Play Episode Listen Later Jun 14, 2022 57:35


"The worm is not to be trusted" - William Shakespeare, Antony and Cleopatra Chris & Kayla "dig in" to an unlikely but prolific Ponzi scheme in this week's episode. --- *Search Categories* Business; MLM --- *Topic Spoiler* B&B Worm Farm Ponzi scheme --- *Further Reading* https://www.newyorker.com/magazine/2003/06/30/crawling-with-trouble   https://www.thedailyscoop.com/news/agricultures-darkest-fraud-hidden-under-dirt-and-lies   https://www.wave3.com/story/1296095/out-of-town-company-leaves-ky-worm-farmers-hanging/   https://www.agweb.com/news/machinery/100-ideas/ags-darkest-fraud-hidden-dirt   https://www.oklahoman.com/story/news/2003/04/15/state-brings-lawsuit-against-worm-grower/62048417007/   https://www.farmshow.com/a_article.php?aid=17652   https://www.farmanddairy.com/news/worm-company-sued-for-millions/1695.html   https://www.heraldtribune.com/story/news/2003/07/11/state-officials-slow-to-step-into-muck-surrounding-worm-farm-scam/28756218007/   http://www.columbiamagazine.com/index.php?sid=10640   https://www.atlasobscura.com/articles/oklahomas-greatest-ponzi-scheme-bred-hoards-of-unwanted-worms   --- *Patreon Credits* Michaela Evans, Heather Aunspach, Annika Ramen, Zero Serres, Alyssa Ottum, David Whiteside, Jade A, amy sarah marshall, Martina Dobson, Eillie Anzilotti Jenny Lamb, Matthew Walden, Rebecca Kirsch, Pam Westergard, Ryan Quinn, Paul Sweeney, Erin Bratu, Liz T, Lianne Cole, Samantha Bayliff, Katie Larimer, Fio H, Jessica Senk, Proper Gander, Kelly Smith Upton, Nancy Carlson, Carly Westergard-Dobson, banana, Megan Blackburn, ISeeSpidersWhereThereAreNone, Instantly Joy, Athena of CaveSystem, John Grelish

Stuff You Missed in History Class
Behind the Scenes Minis: Jack and Ponzi

Stuff You Missed in History Class

Play Episode Listen Later Jun 3, 2022 15:35 Very Popular


Tracy and Holly talk about the folklore aspects of Jack Sheppard's story, and how a mustache drawn on a photo of Charles Ponzi was part of Pulitzer Prize-winning journalism about that case. See omnystudio.com/listener for privacy information.

Stuff You Missed in History Class
Charles Ponzi's Schemes

Stuff You Missed in History Class

Play Episode Listen Later Jun 1, 2022 41:52 Very Popular


He's synonymous with fraud today, but the most famous scheme Charles Ponzi pulled in his lifetime was surprisingly short-lived.  Research: "Charles Ponzi Cheats Thousands in Investment Scheme, 1919-1920." Historic U.S. Events, Gale, 2012. Gale In Context: U.S. History, link.gale.com/apps/doc/BT2359030095/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=2fa9c993. Accessed 25 Apr. 2022. "Ponzi Scheme." Gale Encyclopedia of American Law, edited by Donna Batten, 3rd ed., vol. 8, Gale, 2010, pp. 32-35. Gale In Context: Opposing Viewpoints, link.gale.com/apps/doc/CX1337703388/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=156ed9f9. Accessed 25 Apr. 2022. "Ponzi, Charles." Encyclopedia of World Biography, edited by James Craddock, 2nd ed., vol. 34, Gale, 2014, pp. 291-294. Gale General OneFile, link.gale.com/apps/doc/CX3788300138/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=b742c693. Accessed 25 Apr. 2022. Baldwin, Herbert L. “Canadian ‘Ponsi' Served Jail Term – Montreal Police, Jail Warden and Others Declare That Charles Ponzi of Boston and Charles Ponsi of Montreal Who Was Sentenced to Two and a Half years in Jail for Forgery on Italian Bank Are One And Same Man.” Boston Post. 8/11/1920. p. 1, 18. Boston Post. “Arrest in Ponzi Case May Be Made Today.” 8/12/1920. p.1, 22. Boston Post. “Boston Man Is Sued For $1,000,000.” 7/4/1920. p. 3. Boston Post. “Both Barron and Ponzi Give Talk.” 7/31/1920. p. 3. Boston Post. “Doubles Your Money in 90 days – 50 P.C. in 45.” 7/24/1920. p. 1, 4. Boston Post. “Entire Issue of Coupons Last Year Only $60,000.” 8/4/1920. p. 6. Boston Post. “Federal Officials Scout Ponzi Claim.” 7/31/2910. p. 1, 2. Boston Post. “Financial Editors Notes.” 7/26/1920. p. 13. Boston Post. “Great Run on Ponzi Continues Until Office Is Closed For Day.” 8/3/1920. p. 1, 2. Boston Post. “Million Is Paid Back by Ponzi.” 7/28/1920. p. 1, 24. Boston Post. “Officials Balked by Ponzi Puzzle.” 7/30/1920. p. 1, 11. Boston Post. “Ponzi Books In Hands of U.S. Auditor.” 7/31/1920. p. 1, 2. Boston Post. “Ponzi Closes; Not Likely to Resume.” 7/26/1920. p. 1, 7. Boston Post. “Ponzi Relates Story of His Life.” 8/9/1920. p. 16. Boston Post. “Questions the Motive Behind Ponzi Scheme.” 7/26/1920. p. 1, 6. Boston Post. “Seeking Source of Big Profits.” 7/28/1920.  p. 20. Boston Post. “Uncle Sam to Get the Facts of Ponzi's Case.” 7/29/1920. p. 1, 24. Boston Sunday Post. “Ponzi Has a Rival Next Door to Him.” 7/25/1920. p. 1, 15. Darby, Mary. “In Ponzi We Trust.” Smithsonian. 12/1998. https://www.smithsonianmag.com/history/in-ponzi-we-trust-64016168/ Kerr, Jessie-Lynne. “Ponzi lived here: Infamous name tied to scheme was local.” Florida Times-Union. 12/21/2008. https://www.jacksonville.com/story/business/2008/12/22/ponzi-lived-here-infamous-name-tied-to-scheme-was-local/16001631007/ Mohamed, Alana. “The Ladies' Deposit: The 19th-Century Ponzi Scheme by Women, for Women.” Mental Floss. 5/14/2018. https://www.mentalfloss.com/article/542689/ladies-deposit-19th-century-ponzi-scheme-women-women New England Historical Society. “Charles Ponzi, The Financial Idiot Who Drove Boston Money Mad in 1920.” https://www.newenglandhistoricalsociety.com/charles-ponzi-the-financial-idiot-who-drove-boston-money-mad-in-1920/ Smithsonian National Postal Museum. “Ponzi Scheme.” https://postalmuseum.si.edu/exhibition/behind-the-badge-case-histories-scams-and-schemes/ponzi-scheme Tampa Times. “Gave Up 195 Sq. Inches Cuticle.” 12/28/1912. p.6. Weisman, Steve. “The History of Ponzi Schemes Goes Deeper Than the Man Who Gave Them His Name.” Time. 8/12/2020. https://time.com/5877434/first-ponzi-scheme/ Zuckoff, Mitchell. “Ponzi's Scheme: The True Story of a Financial Legend.” Random House. 2005. See omnystudio.com/listener for privacy information.