Legal AF by MeidasTouch - Trump HACK RUDY Gets Caught in a Fraud by HIDING A FRAUD

Episode Date: April 17, 2024

Rudy Giuliani can’t even be a criminal defendant right without participating in ANOTHER FRAUD! Michael Popok explains the law of “fraudulent transfer” and how Giuliani took $100,000 into his “legal defense fund” from an alleged fraudulent skin-care credit card scammer, and now won’t give it back unless a Fulton County Georgia judge tells him to. Cancel unwanted subscriptions – and manage your expenses the easy way – by going to https://RocketMoney.com/legalaf Visit https://meidastouch.com for more! Join us on Patreon: https://patreon.com/legalaf Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown Lights On with Jessica Denson: https://www.meidastouch.com/tag/lights-on-with-jessica-denson On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Learn more about your ad choices. Visit megaphone.fm/adchoices

This is Michael Popak with the Legal AF Breakdown. Rudy Giuliani can't even get right being a criminal co-conspirator with Donald Trump down in Georgia without accidentally or on purpose also participating in a potential fraud related to his legal defense fund. What am I talking about?

He took 13% of his legal defense fund came from a guy named Matt Monterano. You may know Matt Monterano because he and his wife, Kathleen, have been sued in California and in other places in a class action case, because they ran a scam in the skincare business with a product called Lepora.

Sorry if you're out there and you've bought any of this product. He then used the free trial sample to then charge and overcharge people on their credit cards against their knowledge and their will over and over again with fake subscription services raising tens and hundreds of millions of dollars. Why is he linked to Rudy Giuliani? Because he took $100,000 of that money, says a new lawsuit just filed where? Fulton County, Georgia, against Matt Matarano and his wife who live apparently near Georgia.

There is a new suit brought under a fraudulent transfer theory to claw back the money and take it away ultimately from Rudy Giuliani. Now, Rudy Giuliani hasn't been sued yet, but he will be because as what's called the fraudulent transferee, the person who got the money, he's gonna have to give it back if a Fulton County Civil Court judge says so.

Leave it to Rudy Giuliani. First of all, he sets up this legal defense fund, right? Brings in very little dollars because who wants to really help Rudy Giuliani at this point, given all of his problems, the loss of his bar license, $146 million defamation judgment he brought upon himself that was won by Ruby Freeman

and Shea Moss, Georgia election workers. He can't get out of Georgia. Forget about the devil going down to Georgia. Rudy Giuliani can't get out of the quagmire of Georgia. And his bankruptcy filing is not going to stop the clawback from his separate, his separate from the bankruptcy estate legal defense fund. You take 13% in, right? If you can say that one donor is 13%

of your legal defense fund and you don't ask where the money came from, let me explain something. Under anti-money laundering laws, bank secrecy laws, the Bank Secrecy Act, the Patriot Act, and everything else. You have an obligation. And federal election law, if you're gonna take in money into whatever it is,

a legal defense fund, a political action committee, a bank account, open up a new financial services account, you have to know where the money comes from. It's called know your customer. In this case, know your donor. You can't just let any old person donate. What if it's from a convicted felon or a soon to be convicted felon?

What if he's using money from little old ladies, orphans and widows, which is what apparently happened here. So Matt Matarano and his wife ran something called Connective with a K. Anytime you hear anything that should have a C that starts with a K, it's going to be not great. Think crab with a K. So Connective LLC runs this thing,

sells a product called Lepura, probably saw it advertised, hopefully not on our channel, L-A-P-U-R-A, free trial samples of this amazing skincare product. It's a bunch of skin care scams out there preying on people's wanting to have better looking skin. And so they do that. They raised tens and hundreds of millions of dollars

except they trained their sellers to use a load balancing software program that masked from the major credit card companies, MasterCard and Visa, that these people were canceling their orders. Because if MasterCard and Visa figures out that you're getting canceled too many times, in other words, the reversals of charges, they cut you off and they need to have the Visa and MasterCard. I mean, the theory here is it's like a load portfolio theory. If you try to scam a thousand people, even if 990 get their money back,

you've just made 10 subscriptions for people who either didn't pay attention to their bank accounts or whatever, and this generates the millions of dollars. Matt Matarano decides he's gonna donate to Donald Trump, Donald Trump Save America PAC, and Rudy Giuliani. But the Rudy Giuliani investment at $100,000 was a huge portion of that amount of money. And now Rudy Giuliani finds himself again

in Fulton County, Georgia, being on the other end of a case because he's not yet been named in the case. That's why his spokespeople were like, well, this is a private matter. We're not involved in it case. That's why his his uh spokespeople were like well this is a private matter we're we're not involved in it yet but here's how fraudulent transfer works. We'll break out a little patreon exclusive content but here on my hot take. Whether you call it a bankruptcy filing or fraudulent transfer if if a uh judgment debtor or somebody that knows that they're about to be sued in a case tries to take his assets and hide them, right?

Transfer them out, you know, to straw entities. You send it to your children. You sent it to friends with the understanding they're straw men, they're gonna send it back to you. That's called a fraudulent transfer. And usually you look back within two years, this is most statutes in most states, two years from when you are the judgment debtor,

you got a judgment against you or a debtor or within a lawsuit within that period. You look back and you say, okay, within a two year period, we're going to reverse all of these transfers if they were done fraudulently for the purpose of beating out creditors and their ability to collect. to reverse all of these transfers if they were done fraudulently for the purpose of beating out creditors and their ability to collect. If you're trying to frustrate creditors and their ability to collect, you've just done

a fraudulent transfer in most states, if you've done it with the intent to do that. Yes, there has to be a case, there has to be a trial or a judge determining it. But if you're found guilty, sometimes you get hit with attorney's fees as well. You have to pay the attorney's fees of the other side if you've conducted a fraud determining it. But if you're found guilty, it's sometimes you get hit with attorney's fees as well. You have to pay the attorney's fees of the other side if you've conducted a fraudulent transfer. And the way you do that is you make a list of all the original assets and within a two-year period, you circle it,

those are the assets. So within this two-year period of when this Matarano guy knew or should have known he's about to get a judgment against them to try to defeat creditors against this 30, 40, 50 million dollar judgment. He started spending money and transferring assets.

He's transferred a farm in Georgia and another piece of property in Georgia worth $4.1 million away from him. But knowing he would get it back, he made this donation of $100,000 to Rudy Giuliani's defense fund, now subject to clawback. And once you prove to the judge that it's been a fraudulent transfer, you know, and somebody gets a judge to be a participated in that the

judge can order all that money returned. Judge could also put in a monitor or what's called a receiver. And the receiver can as an officer of the court can go determine the amount of the assets and make recommendations to the judge about what amount a receiver and the receiver can, as an officer of the court, can go determine the amount of the assets and make recommendations to the judge about what amount should be clawed back. I assume that's what's happening in Fulton County, Georgia. There'll be a motion for a receiver.

And then one of the targets on that is going to be the Giuliani Legal Defense Fund and getting it back. And he won't be able to claim that he was some sort of bona fide transferee because you know or should know who you're taking donations from. Do you ever feel like money is just flying out of your account and you have no idea where it's going?

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by going to rocketmoney.com slash legal AF. That's rocketmoney.com slash legal AF. In fact, the lawyers for the victims of the Lepora scheme, the connective scheme have said really, Julie Ann, he shouldn't even wait around for a judgment. He should be returning the money now. It's ill gotten gains. Mr. Former US Attorney for the Southern District of New York,

Mr. America's Mayor, return the money and send it back to the victims of the pyramid scheme and of the telemarketing scheme that gave you the money. Now, of course, because Rudy Giuliani is on the balls of his ass financially, that on his arm. That's all he had against hundreds of millions of dollars of judgments. He also said he's gonna sell his bank account to a bank that he's gonna sell to a bank

that he's gonna sell to a bank that he's gonna sell to a bank that he's gonna sell to a bank that he's gonna sell to a bank that he's gonna sell to a bank that he's gonna sell to a bank that he's gonna sell to a bank that he's gonna sell to a bank that he's gonna sell to a bank that he's gonna sell to a bank that he's gonna sell to a bank that he's gonna sell He said he had the clothes on his back and a Rolex on his arm. That's all he had against hundreds of millions of dollars of judgments. He also said he's gonna sue Joe Biden one day in the Department of Justice.

Good luck. And that Donald Trump probably owes him money for attorney's fees. Now Donald Trump held a fundraiser for this very same legal defense fund. You may remember this a few months ago. Where? At Mar-a-Lago. That's all Mar-a-Lago is being used for right now it used to be used to illegally store classified and national defense

information that belongs to you and me that Donald Trump decided not to return now it's just round the clock fundraisers for Donald Trump and people around him all the time it's all it does in their ballroom in their pool area. Sometimes Melania attends. Mostly she doesn't. You know, that's what's happening at Mar-a-Lago. It's just they should put a revolving door on it. And Rudy Giuliani had one. It was attended by his son, the person who thought he was going to be governor of New York. That didn't happen. Andrew Giuliani. And they raised, I don't know, a couple hundred thousand dollars for the Legal Defense Fund. Montorano donated, as I said earlier,

to the Trump campaign, Save America Back. So look, I started the hot take and I'll end it the same way. Rudy Giuliani literally can't do anything right. He can't even be a criminal, co-conspirator, defendant in a case without backing up into another fraud. And he'll continue to call out Rudy Giuliani because he's busy on his, I almost said competing podcast,

as if his, whatever that thing's called, America's Mayor podcast thing, is it could come close to the journalistic integrity of what we do every day on the Midas Touch Network and on Legal AF. If you like this kind of analysis at the intersection of law and politics, sometimes I'm more jovial than other times

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