Matthew Cox | Inside True Crime Podcast - Exposing The Largest SCAM in US History | Government Money Laundering

Episode Date: March 7, 2025

James Catledge and MATT COX discuss money laundering within the government. James IG https://www.instagram.com/james_b_cat/James Youtube https://www.youtube.com/@InsideOutwithJamesCatledge/featuredGet 50% sitewide for a limited time. Just visit https://GhostBed.com/cox and use code COX at checkout.Use promo code COX at https://www.mybookie.agDo you want to be a guest? Fill out the form https://forms.gle/5H7FnhvMHKtUnq7k7Send me an email here: [e-mail] you extra clips and behind the scenes content?Subscribe to my Patreon: https://patreon.com/InsideTrueCrime 📧Sign up to my newsletter to learn about Real Estate, Credit, and Growing a Youtube Channel: https://mattcoxcourses.com/news 🏦Raising & Building Credit Course: https://mattcoxcourses.com/credit 📸Growing a YouTube Channel Course: https://mattcoxcourses.com/yt🏠Make money with Real Estate Course: https://mattcoxcourses.com/reFollow me on all socials!Instagram: https://www.instagram.com/insidetruecrime/TikTok: https://www.tiktok.com/@matthewcoxtruecrimeDo you want a custom painting done by me? Check out my Etsy Store: https://www.etsy.com/shop/coxpopartListen to my True Crime Podcasts anywhere: https://anchor.fm/mattcox Check out my true crime books! Shark in the Housing Pool: https://www.amazon.com/dp/B0851KBYCFBent: https://www.amazon.com/dp/B0BV4GC7TMIt's Insanity: https://www.amazon.com/dp/B08KFYXKK8Devil Exposed: https://www.amazon.com/dp/B08TH1WT5GDevil Exposed (The Abridgment): https://www.amazon.com/dp/1070682438The Program: https://www.amazon.com/dp/B0858W4G3KBailout: https://www.barnesandnoble.com/w/bailout-matthew-cox/1142275402Dude, Where's My Hand-Grenade?: https://www.amazon.com/dp/B0BXNFHBDF/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1678623676&sr=1-1Checkout my disturbingly twisted satiric novel!Stranger Danger: https://www.amazon.com/dp/B0BSWQP3WXIf you would like to support me directly, I accept donations here:Paypal: https://www.paypal.me/MattCox69Cashapp: $coxcon69

Our government is money laundering from the very top. The crooks are running the place. The American taxpayer is being stolen from to financially prop up the bureaucrat. Nancy Pelosi somehow worth $200 million. And it's coming out of the barista at Starbucks check. It's coming out of the guy at the movie theaters check. Whoever's paying taxes, that little bit of money that's going to pay taxes is going back in the bureaucrat's pocket. Hey, you guys, I'm here with James Catledge, and we are in Breckenridge.

I've been doing some skiing. just fell down a whole bunch of times, which was amazing. It was great. Then today we spent the day going snowmobiling on some huge mountain peak, and that was super cool. And we're going to be talking about, we're going to be talking about money laundering. Real quick, let me explain what money laundering is. A lot of people have a misconception of what money laundering is. Money laundering is any time you basically are trying to make dirty money look legal. Okay? So you've cleaning it. Yeah, cleaning it. You know, you sold drugs and you want to be able to get it, you want to be able to spend that money and be able to prove where that money came from, but you want to be able to

prove that it came from a legal means. Now, here's the problem. The government will do things like this. The government will say, in my case, I was charged with money laundering and I had a fraudulent loan that went through and then money was wired to a bank or it. let's say I even brought a cashier's check or a check, whatever. I put it into a bank. Right then they said, that's it, that's money laundering. Technically, I don't think that the people that, I don't think that the guys that wrote these laws said that if you place money into a bank account that's dirty, it should be considered money laundering. Money laundering or if money, anytime you remove money from a bank, they say it's money laundering.

So a lot of that's just BS, I think. Money laundering should be that you're doing something illegal, you're selling. drugs you're making a million dollars a year you then launder that money through what appears to be a legitimate business of some type and typically you pay taxes on that money that's a big problem with a lot of money launders is that they then guys are like oh I want to show where my ill-gotten gains look legal but I don't want to pay taxes on it okay well then you're an idiot you pay the taxes on it so the best explanation would be you have illegal money, let's say you're selling drugs, you then somehow or another, launder that money through

a business, let's say, because it's in cash, obviously, you take that cash and you launder it through something like, and a very common one is a cash business, car washes, laundromat, strip clubs, yeah, nail salon, things that are basically cash, cash businesses, although a lot of those businesses aren't even really cash businesses that much. Not that anymore. Yeah, they're slowly, now I think strippers are probably taking cash at. Right. Matter of fact, I feel like that's something we should look into tonight. Yeah, I've heard of this. Right. You should go.

We go to a strip club. We ask the strippers, are you head to Venmo? What are we? Are you still taking care? We may need to research this. Yeah, that seems reasonable. Right, right. There's no strippers here. No. We should have looked into that before we think. Yeah, we set up camp in the wrong city. We could be somewhere else right now,

had we known that. By the way, I like this city. Yeah, yeah. It's very quaint. It is very quaint. we're currently filming at 10,500 almost 11,000 feet. Yeah. How you feel? I feel lightheaded. I felt lightheaded since I got it. Right. It was horrible. You really did feel lightheaded. No, I did. I went up and we rented an Airbnb. Yeah. And in the middle of Breckenridge, it's beautiful here. Like, matter of fact, we could take, we'll throw up, maybe Colby will throw up some pictures, depends on how he feels. But the whole time I've been here, not the whole time. It took about a

day before it hit me. Yeah. And I had gone up and down the stairs once or twice. And then I just suddenly got woozy and I felt woozy ever since. And I've started to feel better today. So then a couple days, I started to feel better today. Yeah. But I also took something. What did I take? Jelly beans.

No. What? Altitudes. So altitude pills or something, supposedly they were supposed to help. You know what I noticed is what I noticed. When you got here, this is unique to you. There's a lot of people here. We got our wives and girlfriends here.

Right. And when you got here, you were dizzy and needed to sit down. And what I noticed, obviously, is the moment the luggage was unloaded, taken up the stairs, and everything put in its place, you seem to be settled right in. But we're dizzy until Jess finished all that. Listen, is it the altitude or is it work? There's two master bedrooms to this place and then two smaller bedrooms. Right.

Just brought all the stuff up to the junior suite. or whatever 12,000 feet and and then we found out hey there's another master bedroom downstairs right and she was like oh we got to move down here and i was like listen man i'm not moving all that stuff i'm not getting involved i'll sleep in that bed i'll just sleep upstairs if you sleep hot at night you know how disruptive that can be whether you're having trouble falling asleep you're waking up sweating in the middle of the night or all of the above that's where ghost bed can help as the makers of the coolest beds in the world ghost bed is your go-to for cooling mattresses cooling pillows and cooling bedding. From their signature ghost ice fabric to patented technology that adjust to your body's

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for a limited time. Just visit ghostbed.com slash Cox and use the code Cox at checkout. Again, that's ghostbed.com slash Cox with the code Cox at the checkout to save a whopping 50% off site wide. But we did. We moved it. Anyway. We did not move it. Well, Jess moved it. Just moved it again. Jess is a gangster. He is a gangster. Jess is very... Except for skiing. So if you're born

in Florida and raised in Okachobi, you can do a lot of stuff. Right. Skiing ain't one of them. Right. We had to come here to find that out. Listen, and also I'd like to point out, this is the first time I've ever seen my wife have a full-blown temper tantrum. On the mountain, full-blown,

tears in her eyes, growing skis, yelling at me, and I was like, hey, you need to calm down. You need to calm down. Like, this. The most domestic charge. We're halfway down the mountain. Yeah. You've got a calm that. She was like, and she calmed down. She got her ski. She was ready to throw the skis over her shoulder and just walk.

Oh, I never let her live. I've been like, ooh. But she didn't. She didn't. She put the skis back down. When another 20 feet fell. When another 20 feet fell. When another 20 feet fell. Right. And within within 30 minutes, we were down the rest of the slopes. It was only... Gangster. Yeah.

Dangster skier. It takes a lot to take that much abuse. Right. Right. I'm talking about me. I've got a thought. Money laundering. Money laundering.

That was on your charge. Yes. They dropped it. Okay. And the way my lawyer explained, I was like, what are you talking about money long? She said, did you put the money in the bank? And I said, she said, you have millions of dollars with the wires going to your

different bank accounts that you were in control of. And I said, yes. She was, that's money laundering. And she said, did you ever remove any of that money? I said, yes. She said every time you remove money from that bank, she said that can be a separate charge. Okay. So we know the dirty part.

It's the mortgage fraud piece. What are you doing to clean it that makes it money laundering? What's happening to clean it? I mean, you're not really cleaning it, are you? Or maybe? I never, you know, I don't want to clean it. I'm paying taxes on it. And first of all, first of all, a lot of these are a lot of, in my case, I was able to show that these are mortgages or that we were making money on the sale of a property and reinvesting it.

into another property. No, no, no, well, no, buying other properties. Okay. So a lot of this, let's say you sell a property for $500,000 and you reinvest that money into a property for $600,000. Yeah. You don't pay taxes on the $500,000. You rolled it over.

Right. It's unrealized gains. I didn't make that money. I just reinvested into another piece of property. I didn't spend the money. So that wouldn't be taxes. Correct. Now, it's the laundered.

Why were they able to give you that charge? I know they dropped it eventually. Right. But that was part of your settlement. I mean, because, because that's all it takes is did, did illegal gains go into a bank account? That's it. Okay. Did you, did that money?

And these are two, these couldn't be two separate charges. Did you remove it from the bank? Yes. Oh, we could charge them for another charge. He also removed it. That's two charge. Two chariots. Right.

Of money laundering. Okay. So eventually, because that money laundering charge was, it was extremely high and it, you know, and they had so many other charges. And money laundry doesn't sound. as sexy to them as bank fraud because it was, I think my investigation was going on in the middle of the financial crisis. So they'd love to keep saying, you know, mortgage fraud, bank fraud, financial fraud. It's been to narrative of the time. They just, you know, they start, they said,

well, okay, we won't pursue that. Yeah. But in general, typically, it's laundering money. There's lots of ways to do it, especially in real estate. Right. In real estate, you can go, it's so funny, because I've said this before, I've said this many times when people have been like, how do you laundered money. How would you do it? I do it through real estate. It's easy. And then I give them the example. And I would say, you know, I'd go buy a house that is in need. Let's say if that was, it's in a neighborhood that would, let's say, sell for 200,000, just to pick a number, $200,000. You can go buy a house in that area that's run down for $50,000. Let's say I buy it for $50,000. I then do $150,000 worth of repairs. Okay. But I'm paying

all cash. I'm buying. So the roof goes on. It's $12,000. Here's $12,000 in cash. Right. The new floors are 15 grand. Here's 15. The new kitchen is 20. Here's 20,000 in cash. Because every single guy that's going to work on the, every one of these guys that's going to work on this place, from the plumber to the roofer is more than happy to take cash. Yeah. So you're paying them in cash. You dump $150,000 into it. You think, okay, well, Matt, you bought it for 50, put another 150, and it. You're going to sell it for $200,000. You didn't make any money. I'm not trying to make money. I'm trying to launder the $150,000, which I've done. Because when I buy it for $50,000 and I sell it for $200, three months later, it's laundered. It's laundered because what all the IRS sees is Mr. Cox in January, he bought this house for $50,000. Now, in May, he sold it for $200,000. He made a profit of $150,000.

It's laundered. That money has, so they don't see the $150,000. in repairs, because I don't tell them, oh, I spent $150, so I didn't make anything. No, no. I bought it for, I tell them, I bought it for $50. I painted the outside of the house, me and a couple buddies on the weekend. I trimmed some trees. Market went up. Market went up.

I sold it for $200,000. And here's the great thing about real estate is that that happens. Yeah. So they would be like, we can't prove anything. Yeah. He bought it for $50, sold it for $200. So the laundry is to $150. You're taking the $150 and cleansing it through the sale of that house.

Right. Through those repairs. Yeah, yeah, yeah. I've laundered the money. Yeah. So now I sold it for $200,000. And here's a great thing. In real estate, you can take the $150,000,

you've reinvested into another property. You don't realize those games. You don't have to pay it. You can just keep doing that until eventually you do start, there's no way to go forever. Right. Some point it catches up. Regardless, let's say I made $150.

I don't mind paying a percentage of that to the IRS. I want to pay them because what I don't want to happen is for someday I get busted and they say, hey, you've got $3 million worth of stuff. We're taking everything you have. I want to be able to say, whoa, whoa, whoa, whoa, I've been buying real estate. Yeah. I bought this house for $50,000. I sold it for $200,000.

I bought this one for $300,000. I bought this one for these three houses for $50,000. I sold all those for $250, $200. That's where that $2 million came from. Yeah, I know how to pick them. I can pick them. Yeah, right. I'm a picker.

I'm a little work, just a little bit. Not much, but a little work. Yeah. And they're going to be like, okay, you know, he's good at this and he also is good at selling drugs or whatever they'll catch you for. Yeah. But at least you get to keep your stuff. That's the laundry.

Right. Typically what happens is they come in, they bust you for some crime and then they say everything you've done. If you can't prove where that money came from, it's part of the crime. We're taking everything you have. Yeah. And they'll take it all. So even that. Right.

Let's say you got to, um, say you have a Lamborghini. And you say, no, no, I, I spent 50,000 of my own money on the Lamborghini. And they'll go, yeah, but the other 250 came from dirty money were taking the Lamborghini. And you go, what about my 50? They go, oh, that's just done. Yeah, you're done. You're just screwed. Okay, I have a question about money laundering.

And I thought it was a little more complicated. So you tell me, I may be wrong about this. Go back to the repairs, the 150. Right. Okay. You're paying this guy. That's a legit deal. You got repair guys willing to take 150 to do all the repairs.

What if, this is what I thought money laundering was, and maybe it's another level where you tell the, this is the plumber, hey, look, the job costs $8,000. Right. What I'm going to do is give you five. You're invoicing me eight. You're giving me three back. I'm going to give you the eight because you invoiced me the eight, but I'm getting three back. See, I thought that was money laundered where each of these repair guys,

I don't know what you're saying. They're over-invoiced me. And I give them the full payment and we're doing kickbacks, basically on every repair doing the house. So I've got more cash, but I show my books, 150 was spent to repair this home, but maybe it was a hundred that was spent. But I get invoices for 150 to show IRS, whoever comes to look. Okay, well, I would think that's still money and laundering.

That's what I'm asking. But that's different. What you're trying to do is you're trying to remove money. You're trying to, you're trying to say, hey. Keep more cash. Right. You're trying to say, I spent $8,000. Yes.

They don't know. And you're trying to get money that the government doesn't know about. That's correct. That could be money laundering. That's also money laundering. I would say. I'm dirty and more money. Or maybe tax evasion.

Okay. One of the two. All right. Yeah, I'm just trying, because I think this happens a lot. When I built a custom home. and I had an air-conditioned guy, well, it was a repair guy for the house, like a handyman. My ex-wife and I are at church, and he's going to fix the, we have the three or four of these condensers. And he says, I'll get it fixed where you guys are at church.

We're in Vegas. It's very hot. I come back and he says, the air-condition is fixed. I had the guy. Hey, so what did you want to talk about? Well, I want to tell you about Wagovi. Yep, Wagoe. What about it?

On second thought, I might not be the right person to tell you. Oh, you're not? No, just ask your doctor about Wago. Yeah, ask for it by name Okay, so why did you bring me to the circus? Oh, I'm really into lion tamers You know, with the chair and everything Ask your doctor for Wagovi by name

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Only date is July 18th I come out. You lost the compressor. It cost a thousand bucks. You got it fixed. Well, I had a sneaky feeling that it didn't cost a thousand bucks. Right. So the next day, it's a Sunday while we're at church, next day, Monday I call that invoice, the repair company, who my handyman had dealt with. And I said, hey, listen, appreciate you fixing the air conditioner on a Sunday. I know it was an emergency. I got your invoice here, but I can't read the number. Could you tell me what the number is on this invoice? You said, 320. okay so is he he's just stealing right that's not money like yeah i don't think it's just yeah yeah well that was his last day with us but right i was wondering because i think that goes on a lot where invoices show one thing but the real payment is changing hands is another so i always thought of that as monday laundering yeah i i would think that it would be different if that was if the if you were the one who were going and not let's say yeah you're i'd tell the air condition guy well yeah let's say you say okay well the the repair is going to be

500 bucks and you go look I'm going to write you a check for a thousand but give me 500 back cash right and then you could that's that's also money laundering also because now you're you're trying to be able to show the the government hey I've spent all this money I have always I had nothing left but you've actually got a hundred thousand in cash they don't know about yeah and you're not paying taxes on it because he just handed you cash back right right right right you know okay I've got another money laundering question for you I did some time with a guy I'm not going to use his last name because I don't want him, uh, in trouble. Right. But this is a crazy story. Uh, Daryl. Okay. So, so, so Daryl and I are walking the track and he tells me this elaborate story. So he's a white

collar guy. He gets arrested. Uh, and now he's going to fight his case. Okay. He spends a lot of years fighting his case. I don't know, two or three years. And he's got to take care of his family. Right. And, and so his, his lawyer basically is wanting to balance in all of his accounts, brokerage account, uh, if he's got an overseas account, whatever that balance is. And what Daryl does, and I don't know if this was the advisor's lawyer, I don't know if he just came up with this. And this is what he tells me. I just want to know your opinion on this, if it's even feasible. What Daryl does is he goes to a gold dealer.

Okay. And not a pawn shop, but a guy that's doing gold coins or whatever. And he says to the gold dealer, hey, listen, I've got a million six that I need to turn into gold. And the gold dealer tells him, where's the million six? And he says, well, it's in an overseas bank account. And he says, okay, what you've got to do is you've got to wire that money to my bank account, the gold dealer's bank account. Right. And, of course, they're all scared to death, right?

And he, but he doesn't have a choice. He's got, he's got to kind of get this money out of the banking system. And so he sends the million six to the gold dealer. As it turns out, that happens to be, that's a huge, what, how, what, how, that's a lot of trust. Right, right. I mean, in my mind, I'm thinking, do you know this goal dealer? Right. Right.

I mean, to me, he could easily just say, go, fuck yourself. Because he knows there's something wrong with this money. Sure. Right. It's literally something's up. Unless Daryl's the kind of guy who's going to show up there with a couple of other guys. Well, Darrell's a legit guy. I mean, I, well, I only know him from the inside.

So I can't speak for his outside activity, but legit guy on the inside. So he's probably not going to do anything. He's probably just going to think I just lost 1.6. Well, yeah. Yeah. Yeah, he did, because I kind of asked that question, right? Like, my God, how well do you know this fellow? Right.

The gold. And so he tells him, and then he instructs him quite specifically. He says, listen, we can distribute to you Canadian cougar ants. We can do American gold eagles. And the, the, uh, Daryl and the gold dealer decide that American gold eagles are the most liquid way to deal with gold, not bars, you know, it's hard to move around with the bar, but liquid, Apparently, they come, and I've seen these before, but they come like in a tube, and I guess there's 20 in a tube, and they're capped, and it's heavy.

And so if you can imagine 20 ounces of gold today at $3,000, I mean, geez, we're talking fortune in a tube. Well, when he does send the money, he ends up wiring the money. Daryl apparently gets a call and says, hey, the wire cleared, I've got the money in the business bank account. want her to come down and let's talk about the way you want to receive it. He goes, we got a lot of choices there. I've got a safe. I've got a vault. I've got different types of coins you can pick from.

And so they end up settling on the American Gold Eagle. Okay. And he ends up leaving the gold dealer with, he says to me, a brief case he almost couldn't carry. It apparently went, I'm so fascinated by this. He said, when you open it up, there's these styrofoam fillers in these holes where you put the tubes. And apparently, I don't know, it's eight or ten, I lose track of what he said, but it's eight or ten of these tubes of 20 ounces each in this briefcase. He says, that doesn't hold a million six. That briefcase got like a million in it.

So he's got to have 600,000 more in a different briefcase. Now, we're not talking to Samsonite. Right. This is a American Gold Eagle red case that apparently if you and I go buy gold or something and we had enough money, this is the way we would receive. it right official printed from the u.s government american gold legals well he's got a case and a half of this stuff and the guy helps him he puts in his car he says literally the back of his car sunk down when he put it in it was so heavy and apparently for the next few years two or three years however long he was on pretrial he would go to this gold dealer one coin two coins four coins

at a time whatever the price was on the screens this fellow would give him cash and he literally live like this for two to three years because he had no income so he just he gave so he gave the the gold the coins back to the same guy the same guy okay yeah because he knew he would deal with him fairly because that was he trusted him because of the wire and the way that all went down it's so apparently for two or three years i think it was close to three years he lived off gold and and i and i'm thinking to myself this guy successfully exited the banking system it successfully exited maybe some transparency that the feds would have on his money and was able to live almost with cash but not cash right what do you think of that um is that is that feasible in your mind that seems

look i knew a guy named uh ron wilson yeah and he had told me that numerous people that he knew would wire him 80,000 dollars this this killed me he told me this one time he said and i he would overnight it to him uh in fedex so he's like i'm Oh, stuff it. What, he didn't do that because he wasn't, he had a, the gold, the depository would do that. So he called them, this was silver, by the way. Okay. He called, he was a precious metals.

And he said, so I called the guy up and I'd say, hey, I need $80,000. And they go, okay, where do you, you want us to mail to the customer? Yep. He says, and they, it'd be whatever, the little bars or, or, or a little silver, whatever. And he said, he mails it. And he said, I always told them, I want them to have to sign for it. I don't want this to come back on me. And he said, oh, no, no, no, of course, of course.

And so he said, one day I did this. He said, I'd do this all the time, all the time. And he said, these guys would do ridiculous things with the money. He said, sometimes they put in their safe, sometimes they bury it. Sometimes they'd, they'd, um, he said, the coins. The coins. At one time, he had a guy that melted it down into all the doorknobs in his house. Like, it was just, you know, right.

And, and so this guy, he said, he had done the deal over the phone. He said, I'd sold him lots of precious metals over the years. Okay, 80,000 calls them. Okay, great. He said, be there in a couple days. He's so like a week, week and a half goes by. He gets a phone call. He's like, yeah, what's up?

I say the guy's name's Brad. He's, hey, Brad, what's up? He's like, listen, Ron, when's that stuff going to get here? What do you mean? He says, it's there. He goes, no. He says, no, I haven't gotten anything. He said, did you sign for anything?

He said, no, he said, let me call you right back. Calls up the, the, uh, fad eggs? No, no, not. Because he didn't fadax. No, it's the depository. Oh, he calls in, but he says, hey, man, what's going on with that? And the guy goes, hold on, checks. And he goes, oh, wow, we didn't, he is, who signed for it?

He says, nobody signed for it. He's, what are you talking about? He said, I know you always ask us to have them sign. I'm sorry. We didn't do it this time. I'm sorry. He goes, okay, where is the, they said they delivered it. And he goes, hey, I have a question.

He said, ask your buddy how he gets into his house through the garage or the front door. He goes, why? He said, because it may just be sitting next to the front door. He calls the guy up. He goes, you, listen, how to get it in your house? He was like, go through the garage. He goes, you ever been to the front door and last your front door? The last two weeks?

And he goes, no, he's go look at the front door. So the guy actually had a, you know how you have your door? Your porch. Guys will have a screen door. Yes. He had a screen door. The FedEx guy put the $80,000 between the door and the screen door and closed it. So he said when he opened the door, it fell right there.

He'd been there for two weeks, almost two weeks. Unbelievable. Sitting there, $80,000. But this is, you know what I'm saying? So this guy had so many stories like that about. about guys coming in with and they would come in with cash right you know a lot of these a lot of these precious metal guys are on the fringes right well i was wondering yeah you know what i mean well at least that according to him actually according to him and a couple precious other precious

metal guys i met most of them were running like ponsie schemes but yeah well actually he was running a ponzi scheme okay but the point is he was for like 15 years he was actually i think he was a legitimate precious metals dealer and he would talk about he was you have to understand and this was in south carolina he's like a lot of these guys they make a lot of these guys they might lot of money. They just don't trust the government. They want to hide their money. They're always in fear that the government's going to come in and just take all the money out of the bank. Or seize their bank. Cs their bank? The guy, what's leading it a lot? How do I? And so they'll, let's say you're a multi-millionaire. If you're worth $10 million, you're going to put a certain

amount of money in precious metals. You have to. And so this is what, and so he, they would come to him and they'd say, listen, can I give you cash? And he would, he would say, how much cash you Yeah. Yeah. And they'd give him $100,000 in cash. I think he charged three He charged three or four percent Yeah So that was the big thing was So that's the vague on the goal

When you're selling it Is it somewhere between three and five percent And also when you're buying it So when you're buying it They're charging three or four Because yeah Okay you're three to five He charged like three to four

Yeah Of course you charge less When you're running upon this game But he's a So he charged like three Or Cohen or Zolin Coming and going That way all thing

In the end it's six to eight percent You're saying could be 10% Yes Yes Gold's moved up so crazy man I mean we're near 3,000 an ounce now. And I'm wondering, with this distrusting

government, I bet a lot of people are moving to precious metals. Oh, I'm sure. Yeah, a lot of sure's. We all love betting sports, but let's be honest. Sometimes you need a little more action once the game ends. That's where my bookies, live casino comes in. It's not just about spinning

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Yeah, yeah. You know what else? One of the guys that you talked to about, about, and we specifically talked about money laundering. Yeah. is that his was always his was it had it was precious metals but it was certain

he used certain types of collectible coins and so his whole thing was he would call up these guys and say look I've I need I would go to the this was ingenious he would call them and say I want to buy

your you know I understand you have I'm making all this up by the I mean I don't know that how it worked exactly but something like this let's say if you had five of these, let's say American Eagle coin issued 1929. Yeah. Yeah. Civil War. Right. And he would say, okay, listen, you know, you've got three of the, you've got three of them. I have a guy that has the other two. I want to buy yours. And then he'd make a low ball offer. And while he's negotiating with this guy, now this guy is like, well, wait a minute, why don't I just buy? They would start saying, why don't I buy these from your guy? He would get them. all excited and then he'd have somebody else like call them like while this is going on the negotiations going on over several days yeah yeah yeah somebody else would call him and say hey i've got two

american eagle coins yeah from this rare vintage i'd like to buy your and then this guy would let him would say okay i'll get well let me put you in contact with my guy so now this guy feels like he's screwing over the guy that originally called him yeah yeah and he ends up buying these he ends up buying those two coins he's so excited about it yeah he buys it but really in the end they're like their knockoffs and it's all it's all BS and the guy he buys from disappears yeah sure the original guy who has credibility has already kind of given him the name and who they are and now that he's been able to contact him behind his back when this guy disappears he's complaining to him hey what's going on well i you know he's either going to tell him he either

tells him he's a lot of times they just stopped talking to me sure because they're going to have to go and say hey i went around your back and bought those coins from this guy guy. I got him now. I'm, but they're shit. He's made a full story. No, no. I'm saying the coins he's gotten are like knockoffs or their reprint. This is all done over the phone. Yeah. They've taken some photos. Right. And he's got some kind of certificate, which is all bullshit. But he's so, because he thinks this credible guy has already validated. He thinks he's got screwing him over. And then really he gets screwed up. He sends this guy $20,000. He gets a couple of coins that are worth maybe $500. And then he's furious. Maybe. Maybe he's furious. Maybe.

he calls this guy and yells at him a little bit he's like you went behind my back yeah he's like i didn't tell you they were authenticated them yet i'm trying to buy yours and put together a set i'm not trying to buy his right i haven't authenticated his he said they were authenticated right and so the guy's like colgate total is more than just your favorite toothpaste it's dedicated to advancing oral health the new colgate total active prevention system features a reformulated toothpaste, innovative toothbrush, and a refreshing anti-bacterial mouthwash, all designed to work together to fight the root cause of common oral health issues,

such as gingivitis, plaque, and tartar. Use the full routine twice daily and be dentist ready. Shop the Colgate Total Active Prevention System now at walmart.com. You screw, by you trying to screw me over you. And he did, he had a whole team. They had like 10 guys doing this. For years old. And he, listen,

The mill, these guys made, I don't know, it was like 12, 14, 15 million dollars of the course of like two years before eventually it, one of the guys, they complain, this is a scam, because these guys all know each other in the gold, this gold market. They all kind of knew each other. Happened to several of them. They contact the FBI. They put together Sting. They bust this guy.

Yeah. It's funny. His story real quick. They bust him in the process of him fighting his case. He ends up trying, he ends up getting roped in to putting a hit out on. the prosecutor. Oh, boy. And he pays somebody to whack the prosecutor. And so he really, the one crime would have been five or ten years. Sure. He was doing 30 when I met him. Yeah. So he really did that. He really did put a hit on the prosecutor. Yeah, yeah, to an FBI

agent. Oh, my. You know what I'm saying? The guy that's going to show up to kill the prosecutor is an FBI agent. Okay. Recording it. Right. Because he was being set up by his buddy who was already in prison on the same scam. He's helping him fight his case. He's fighting his case. But his buddy's already done. Wow. So he sets him up and says, listen, if we can get rid of this prosecutor. And I got a guy. Yeah, yeah, yeah. So he sends him the guy, which is really not. The only set up. They originate that set up the whole thing. Yeah. It's funny. Like, it's a whole sting that got him kind of screwed up. And then he got caught up in a sting. Yeah, right. Right. They bust him. And literally, he thought the prosecutor had been killed. Yeah. And the way they were supposed to kill her too, like they were beat her off, like cut off

or like it was a whole vicious thing and yet he's like yeah well this is what you got to do he's he's telling the FBI he's so he's just done he's done so anyway you were well there's there's one other story I heard which is along these same lines this is a totally different guy but in this this I think this guy did this because there was way too much of detail involved and I you know when you're walking the track guys pour their heart out to you it was to make a friendship or whatever so I heard some crazy stuff I'm not even going to mention this guy's name because I'm pretty sure this happened. So this guy said when his case hit, and it was the investigation phase, not an indictment, that there's no arrest. So he's early, right? He decides they've got to pull money. He's got to get

money out of the system. Right. Same type of thing. And he doesn't think of the coins, which was I thought were a great idea. But he doesn't think of that. He's thinking normal, cash from ATMs. And so he literally gets three or four of his buddies, maybe some family members involved, and they're hitting different ATMs, some with a fee, some free, you know, all the ATMs in the city he lives in, and they're pulling out as much as that ATM, some it's a 500 bucks, sometimes it's a thousand, whatever the limit is. Right. And they're putting the cash in envelopes, putting the amount on the envelope, and he has rented an apartment through some type of friend of his, which I don't want to get too specific in case this, somebody figures this

guy out. But the bottom line is he gets a friend to rent the apartment, sign a lease. This apartment's going to stay empty and there's a safe in the apartment. And all these rounded up ATM withdrawals that go in these envelopes end up in that apartment, in a closet, in a safe. Apartment's empty. And so by the time his case does hit and it becomes some type of an official indictment where you now need to show your assets and they begin the real pour through on you, he's got close to $800,000 in this safe in cash. And literally he says that he would go to this safe, like in the middle of the night,

he would leave his phone in one place, all these things. I've seen a lot of movies. But it's probably needed to do it. Yeah. But he would leave his phone in one place. He would drive in a borrowed vehicle, sometimes borrowing different vehicles,

so it's never the same vehicle, and go to there to get the envelope for that week's worth of family cash. Right. To feed his family and to do what he had to do to live. not to do anything improper, but to take money out of the system, which is similar, you know, money laundering to almost like to make it non-surveiled where you couldn't do the money. But I guess the guy had $8.50 or something like that and that safe. Yeah. Crazy.

No, I was going to say, you know, remember we initially were talking about laundering it through by buying a cheap house and renovated. Yes. I was going to say the reason I had brought that up, just to jump back where they're rope. is I was watching a podcast the other day about a drug dealer who talked about how that's how he was laundering his money. How? The same way I just told you, buy it for $50,000. So anyway, I wanted to mention that real quick.

Okay. But the problem, my problem was taking out the $500,000 is that at some point at this guy goes to trial and the prosecutor looks into him. They're going to be like, you pull that $800,000? No, seriously. That's what I thought too. Plus, the ATMs have cameras. And whoever's involved in with throwing from his account with his,

debit core, whatever, is on these cameras. So I don't really, and I didn't get into that. I didn't want to ask him like I was some nosy guy trying to figure out his case. But I'm assuming they're wearing hats. You know, I don't know. Right. But if I'm pulling with your card out of an ATM, I don't necessarily want my face on the camera. Yeah.

So I'm assuming they worked it out like that. But this guy ended up at 800-something thousand that he could live off of. And you know, you know what it's like. Once it hits, they take hard of your money. Yeah, they knock everything. You're illiquid in hell. And they don't care, they don't care how you're, they don't care about whether you're living or your family. Be able to feed your kids or that.

Exactly. It becomes, well, you should have thought about that. Yeah, sure. Before you started being a criminal. Right. Right. Right. So.

Yeah. I mean, I, in my situation. Listen, I don't know if you guys can hear this, but you can't even see this. I wish you could see Colby, the producer here. Oh, he's freezing outside. He looks like an Eskimo. He's eating on the hot tub. So Colby's freezing and the wind is blowing and the trees are like swinging.

and you can't really see it here, but you can see it at the top. Yeah, yeah, yeah, yeah. Anyway, we're in the deep. It's getting dark, dark. Your cameras are dark? Yeah, we're really illuminated at this point. I mean, you're illuminated as well.

You can see us okay. On the main screen? Yeah, look good from what I can. Okay. All right, all right. I'll tell you in my situation, I was concerned about the, so when I heard all the stories,

I thought, my God, how creative. These guys had figured out all this stuff, right? I had a similar, I mean, I was six, seven years. fighting my case, I had to go back almost like a beggar to some people that I had worked for in the past, because I was working a big company. They were wondering, why would you need to do anything? Yeah, why are you coming? So why are you coming in taking a menial job that's beneath you? That's exactly. You should be running this company, not. That's, that's literally. So I had to go back to some mentors of mine who were generous enough to give me consulting gigs inside their company

where they found some value in what I could provide them. And thank goodness, I was able to earn the six-figured income all through pretrial because of good people who would mentor me early in my career, or I wouldn't have made it. I certainly wouldn't have thought of the safe or whatever or the goal. I mean, those are things that, you know, I don't, I don't think. Hey, come up with that stuff. Yeah, I didn't have to do anything that because there was no, there was no, they checked me and said, you're not going to. You're not going to eat his checkbook. You're not going to be right. How am I going to survive? We're going to feed you. Yeah, we're going to feed you all your meals and we're going to house you. You'll be a show him. Who will be provided.

Mm-hmm. Right. right um what what's going on real quick because just uh um because i we had talked about this earlier yeah where uh trump had what did you commuted someone's sentence oh yeah yeah yeah you're talking about the lady yeah okay this is great news i think all the pardon czar and i don't know if they're called a czar in every administration but trump has he liked a czar's powerful word uh but he has identified a commuted a felon who did 20 years in prison

an African-American lady who did 20 years in prison with the help of Ivanka and Jared Kushner she's pardoned by Donald Trump in his previous term in office so she had been working

with him behind the scenes because he wanted to better understand what inmates go through or to understand he of course did the first well not just that he probably thought

there's a chance here well true true there's a chance he may end up You're right. And he considered that, but you're right about that. Because, you know, I think I've mentioned this to you before. I had a guy, this was a few months ago, that had, that had, he'd gone to trial, white-collar criminal, gone to trial, lost, was about to be sentenced between, like, five and possibly 20 years. Like, the government's trying to give him 20.

He's trying to say five. And I was flown out to Vegas, spent two or three hours with him. I remember this. So these guys fly me out. I spend a couple hours with this guy, you know, and he's concerned about all kinds of, you know, because keep in mind, he, all he's ever seen. Yeah. Is lock up, locked up. He's for all shrink redemption, you know, all the, it's new black.

Your orange is the new black. Exactly. He's thinking that there's going to be stabbings. He's going to. He's already saying, like, how much among it? He's thinking, why wouldn't I just, like, we're like, look, guys, they might come to you, might, they might try and, um, shake you down for, you know, protection money. Should I mean? I don't know what that means, but he's saying.

he's saying they might shape me down for um you know he's like you know he's like he's just so guys are gonna buy it to pay protection protection money that sort of thing and we're like right but but you're gonna go to a camp yeah at worst you're gonna go to a low and there may be guys that we'll try and so i have to explain to him he's he's already like well i'll just what don't i just pay when i're just no no you're not paying so we're trying we need to really break down everything you know my don't talk about your case don't this don't go in and say um oh i don't talk about my case because you're a clean-cut white guy. They're going to think you're a sex affid. Yeah, right. So you just say, look, I'm here for and you get them the charge and then say,

that's all I'm really going to say. Like I ran a company, this is what happened. You know, very, very, very, give a very, very brief. And that's it. Do not get into specifics. Yeah. The guys are like, oh, I don't talk about my case. Well, that's not a good. You need to be able to say, hey, here for bank fraud. Why? Well, they say robbed a couple of banks. That's really all I want to say about it. Oh, okay. Cool. Or bank robbery. They say I robbed some banks. Or bank fraud. They say I committed fraud. That's all I'm saying. Yeah. So we spend hours with him.

So I'm thinking if Trump was talking to this woman, he may have been talking to her like, hey, what if he may be thinking. Because you'd be shot how many high profile white collar criminals. Not that I think Trump's a white collar criminal. But if he had ended up having to go to prison, these guys are concerned. What are it going to be like? Sure. Oh, I did. I was concerned.

I saw it out help from everybody. I never, honestly, I never really thought. Even no matter what, listen, whether you think he's guilty. guilty or not guilty. I never thought he was going to prison because I thought, did you imagine that, do you know how hard it was for Martha Stewart? Nobody wanted to take her. Yeah. Every warden was like, we don't want her. Don't worry. Don't send her here. They don't want to deal with the press and the, and can imagine, this person has to be safe all the time. Right. Because I'm going to get blamed if they get stabbed or hurt. Right. Or shook, well,

or just shook down. Even if it's just like, hey, you, uh, you want to make sure you don't get hurt bro you better send my people a thousand dollars a month whatever it is right they wanted to make they're going to be like i can't you know this this is not going to get enough good for me so i never thought they were ever going to really probably send him to prison yeah i always thought it was going to be something like probation or yeah ankle monitor you imagine he'd do fine with that um so anyway you but you were saying so this woman talks to trump well they've been talking the whole time apparently because she is now appointed the official pardon czar. No one gets pardoned in the Trump administration without her reviewing the case and recommending it

to Donald Trump. And the beauty of that is this woman has done time. She's done 20 years. He's trusted her because apparently, and she says this, I want to say, I think I was on CBS News. She actually says that Donald Trump called her two years before his election and said to her, hey, listen, if I win, I'm taking you with me. And apparently their relationship of trust, he had such empathy for her terrible story, you know, the bad experience that he wanted her judgment and how to really assess an inmate and how to assess someone who's reformed because there's a lot of bullshiters in present. Yeah. How do you assess reform? Well, who better to assess it than somebody's been on the inside? So I'm just real pleased that we've got a prison czar that's been in prison for 20

years. Here's the interesting thing about that I think is cool about her. Yeah. Is it she's going to be concerned with, what is this inmate done? Did they really deserve this sentence? Right. And have they changed? She's going to be more concerned about like, how are they living?

How did things possibly go wrong in her, in their case? Yeah. To get in this. Because here's the, the problem. And we talked about this earlier. Yeah. So, and this may be a good or a bad example. I think it's an okay example.

I give you an example is that. So what people understand is there's something called the federal sentencing guidelines. Here's the issue is that, let's say for bank fraud, let's say for a million dollars in bank fraud, you should probably do, if you've never been in trouble before, you do like a year for a million dollars, a year in prison. And then you have like three years probation. Here's the thing. You think, oh, okay, so it's a million dollars. Well, that sounds like that's actually fair. That seems more than reasonable.

I honestly, you probably should do a year or two. But whatever, let's say a million dollars. That's not how you get screwed. What the prosecution does is they start adding on enhancements and enhancements. And a lot of the enhancements do not apply to you. I'll give you an example for, let's use the example of a bank robber, a simple bank robber. If you go in with a note on a bank robbery and it says, give me the money and nobody will get hurt. Now, that's just kind of a phrase.

let's face it. It's a phrase. You probably shouldn't have phrased it that way. But the truth is that you're really just saying, give me the money, right? I don't want to hurt anybody. Or you say, I don't want to hurt anybody or give me the money or don't, whatever you say in that, in that, that if you hand that note to the teller and she gives you $5,000, you're probably looking at doing three years. Here's what the problem is, what will happen is if you say you give her that note and then she gives you the money and then let's say she's not moving very fast. And the guy, He goes, back up, back up, back up. And he reaches over and grabs the drawer and dumps the drawer, and then he leaves. Here's where a prosecutor will do. There's an enhancement for kidnapping. And the definition of kidnapping is so, it's so liberal that if you simply move someone from one point to another, just by directing them. Controlling my movement. Correct.

By controlling their movement, then that's kidnapping. so now this guy who should have got three years oh by the way if the note even if the note said somebody's going to get hurt I'll kill somebody it could just be it could just say nobody will get hurt or give me the money something very benign if the woman or the cashier because it could be a guy

or the teller if the teller says they felt threatened then they can say you through force or by threat you got the money so now think about it You gave him the note. You told him back up, back up. Kidnapping.

You're going to be charged. You should have only, I think, you should be charged with. Because this is really how they wrote those enhancements. They typically make them very, very, they give the prosecutors a wide birth so that they can, so that they don't miss somebody that should have gotten. But that's not what happens with the prosecutors. What the prosecutors do instead is the prosecutors say, no, we're going to give this to everybody we can give it So here's what they do.

Instead of looking at it and thinking, you know what, when they meant kidnapping, they meant by grabbing this person and moving them into a room and locking the door or by taking them with them and putting them in a van, or by zip tying them and moving them into it. Like something really, really, you know, kidnapping. By kidnapping. What everybody feels of kidnapping. Not saying move back, move back, and she steps back three feet.

Yeah. That's not what they meant by kidnapping. Right. The law. Right. So here's what happens. I give you a note. They give me $5,000. I leave the bank. I should have gotten three years. Instead, for bank robbery. For bank robbery. Instead, what you get is you get that you committed a bank robbery under the threat of force, right? And you put, you scared this person and you told them to move back. They also charge you with kidnapping. So now you're looking at 20 years. Think about it. 20 years. And then they'll tell that person to get on the stand.

and they'll say, look, you were, you were in fear of your life, weren't you? We need you to get on the stand. We need you to tell the judge you were in fear of your life, because you were in fear of your life, weren't you? And you know what they say? They're talking to a prosecutor. They go, yeah, yeah, no, I was scared, I was scared. Well, we need to make sure you say you were scared.

You were in fear of your life. You were afraid of this man. And then he told you to get back, right? He moved you. That constitutes kidnapping. We forced you. What we want to make sure, they'll tell them, because otherwise, he's going to walk away. way. He's going to get probation. They already know you're going to get three years. They lie to the witness. The witness then says all of these things. The judge gets upset because she's on the stand upset and crying about how she, listen, I've heard this before. I use this example. My buddy Zach. My buddy Zach stole someone's identity and sold their credit card and used their credit card. And I think only spent a few hundred dollars on the credit card. The woman got on the stand and said,

she was so overwhelmingly upset by the experience that she was pregnant and she had a miscarriage. First of all, she had to make three folks. So when Zach's lawyer goes up and says, what happened? Well, she was notified by the credit card company that someone had stolen her identity and used her credit card. She said, yes, that was not me. I didn't do that. So guess what? That was one phone call she had. Then once she called back and said, are you going to take it off? They said, well, yes, but you have to provide us with a police report. She got the police report. She emailed it to them, called them and said, did you get it? And they said,

yes, we'll go ahead and take it off. She made three phone calls and got the $400 taken off. But she was told by the prosecutor, this guy's going to walk away. So we need to make sure that they understand how, how you felt and how upset you were and then she suddenly says I was pregnant. I had traumatized. Now I'm not saying that it's not a traumatizing experience but for you to try and put a miscarriage

on some guy who bought some some credit card numbers and put it on a card and then ran it and bought some stuff and walked out of the store like she was never attacked she was never threatened. She was never like she never met him. She made three phone calls and got it taken care of. Like, this person is, this person is not

the vulnerable victim that she made herself out to be. And what I'm saying is it's the same thing with the guy that walked in the bank. And he robbed the bank, should have got three years and said he gets 20. Yeah. Those are extreme examples, but they happen all the time. How about the drug dealer whose gun is 15 miles away in his closet? Absolutely. And he's got a gun charge for using a gun in the commission of a crime. Correct. And his guns at home in his closet. Right. And they'll give him an enhancement and a mandatory minimum of like 10 or 15 years.

Why? Because you were in possession of a firearm and you were using that firearm to protect your drugs. My firearm was 15 miles away. In my closet. In my closet. Not involved. But doesn't matter. You're a convicted felon in possession of a fire.

So these are the kinds of things that the prosecutors do. Yes. And listen, I can go on and on and on with the example. Every case has them. Right. I'm not saying that. So this is the. problem is that most people when they think someone got pardoned or they got clemency or they got

their sentence commuted or they think it's a freebie well no what they think is he was innocent oh yeah oh he was innocent that's not the case yeah and a lot of problems is that a lot of americans think this too here's what they think if you say oh well i robbed the i robbed the bank and they go you got 20 years and then they say oh well you deserved it you got 20 years you rob the bank You go, no, no, no, I robbed the bank with a note. I said, hey, give me the money. No gun. I had no gun.

I gave them a note. They gave me $3,000. I walked out. Yeah. And then they say, you got 20 years for that? Yes. Now, the problem is a lot of them, and some people will be like, oh, well, you get what you deserve. But they do that until it's their taxes.

Yeah. And they've been claiming something on their taxes that was not right, that wasn't real, or they're lying about this. Or they get charged auctions. They get charged with something. They get pulled over and there's a gun in the car that has the, the, the, the, the, uh, filed off. Yeah, the, um, serial number filed off that, they didn't know about it. It was one of their son's friends who stuck it under the seat. Now they don't.

Hard app, right, an exaggerated income number. Right. Yeah, exactly. Like, there's so many things. These crimes. Right. Or they get a DUI and they say, and then they, oh, you got to do, oh, you're going to have to do this and this and this is going to cost you $10,000. They're like, what are you?

I had a couple of drinks. I was fine. I wasn't speeding. I wasn't this. I was. Everybody can justify their own. Right. Right. So the point is, is that I'm not saying these guys shouldn't go to jail. I'm saying that at least this woman, unlike most of the previous attorneys who have never been in trouble before. Right. I can't stand the idea that it's some attorney who's never been in trouble before. His the pardons are. It would be somebody who would look at my thing and my stuff and say, oh yeah, he deserved 20. We cannot let him out. No, no. He's a bad guy. No, no. Wait a minute. Most of these guys aren't saying, hey, I didn't rob the bank. What I'm saying is it wasn't a violent takeover bank where I zip tied five people, dragged them into a, into an office or the vault, and then with guns and stole, like, you're giving this person who robbed the bank with a note, the same thing that you were giving someone who robbed it with a gun and zip tied people and went into a vault.

And that's not what the people that crafted the sentencing guidelines intended. That's right. That's not what they intended. So in my case, I got, everybody was like, how did you get 26 years? Enhancements. I should have gotten six. Yeah, right. I started off at six years.

I got 20 years of enhancements that didn't apply. I got an extra three years because I had a badge that I made that said, that said, Salvat, that said I were, no, the badge said statistical surveyor. For the Salvation Army? No, no. I told people that I was taking a survey for the Salvation Army. There's an enhancement that says if you use the government or a charitable or charity in furtherance of your crime, then you get like a two or a three point, a two point enhancement. And here's, because I told homeless people that, about the, uh, the, hey, I'm taking a survey for salvation.

I just said Salvation Army. Like, I didn't use them because it was more credible. I just used them because I needed a source to answer the question. And if you read the definition that the, if you read the definition that the people that crafted this, that the sentencing guideline commissioners used, what they, it says where you go and you are telling people like you're collecting for the cancer society and they're writing a check to the cancer society, you're collecting on behalf of a charitable institution. That's what they meant

All I fed was Taking a survey For the Salvation Army It could have been I could have said hey For Blue Bunny ice cream I'm taking a survey paste And I'm paying them $20

They always been like Yeah cool bro 20 bucks right now They would have answers the question Right The Salvation Army didn't help me Further my crime one bit at all I got an extra three years for that Yeah they think you're stealing money

From the Salvation Army You're not using it at all for that purpose Can you go to trial for Like those enhancements? You can go to trial for enhancements. Absolutely. There's hearings of those enhancements. Right. The problem was I didn't go to trial for it because my attorney told me, Matt, and there was probably, probably 10, no, there was about 15 years worth of enhancements that simply did not apply. Right. And she said, Matt, we went through

the definition of every one of them. And I was like, that doesn't apply. She's like, absolutely. I'm going to go in front of the judge. You're going to plead guilty. I'm going to go in front of the judge. I'm going to argue the enhancements. He's going to clearly see. There's not a place. These do not apply, and he's going to, he'll take those enhancements off and you're going to end up with about 12 years, which I thought was appropriate. Yeah. I figured I deserved about 10 years. Yeah. We got in front of the judge and she had a powerful argument, but nobody explained to the judge that he was supposed to knock these off. So she loses all the argument.

Now, granted, I'm looking at like, yeah, there's no way, like you'd have to be an idiot to think this applies. Right. Well, apparently, the judges are basically almost prosecutors. Yes. They're like, um, from that. Right. They're like, he was like, uh, no, I disagree. I feel he soiled their name.

That's not what the fucking, that's not what the definition says. It's soiled. Doesn't say that at all. The same thing about, about soiling their name. Right. And he said, no, I disagree. Boom. There's an extra three years I got.

Another one. Bam. Listen, and some of these enhancements were so insane. And I said this before. I'm going to give you an example. So when they're counting up victims, they're counting up the, I'm looking at the list of victims.

They're trying to get over certain, like, if you have more than five victims, you get like, well, you have more than like 10 victims. You get like a one point enhancement. You get, and then it goes to like 25 victims. You get like a two point. Then it's after 50, you get three points, right? And every other point, it's not like an extra six months.

Your first enhancement is like six months. So the next enhancement's like eight months. on top of it. So now it's six. You've got six. The next, the second enhancement is eight. The next one is like 11. The next one is like 15. The next one's like 18. Like they keep going up by bigger and bigger. Every hand. Right. So one of my enhancements was and then we'll get off me because everybody in the comments going to be saying, oh, it's all about you Cox. I'm giving, these are just examples of happening. These are firsthand examples. That's all. I could be using somebody else. This is what we want our borders are. This is why we want orders in a prison that understands how you can get screwed. And I'll give you an example. So here's what they said. They said, we're counting your victims. And I looked at the victims.

And I went, wait a minute. And my victims were just over 50 victims. And I went, wait a minute, you're counting some of these victims as multiple victims. They said, what do you mean? I said, keep mind, this is all banks. Yeah, institutions. I said, you're counting. There used to be a bank called Countrywide.

you're counting and I did some day I hit I hit countrywide quite a few times okay so they so they were like I was like okay you're saying countrywide home loans is one victim they go that's right you're saying countrywide bank

you got another number here for countrywide bank that's another victim you got countrywide financial institution as another one yeah that's three it was actually four same company same company you got four different because it was another one was like countrywide like home home home equity lines of credit.

I said, that's four different countrywides, but it's actually just country. They're all owned by countrywide bank. It's just one thing. It's countrywide. And they went absolutely, that's not the way it worked. And my attorney's like, yeah, that's not how it works. It's every institution is a different victim.

And I was like, okay. I said, okay, well, that's fine. So then they hit me with an enhancement that said, if you borrow more than $1 million from one financial institution, you get an extra, two point enhancement. And I, and I looked, I said, okay, well, wait a minute then. Here's the problem. You guys are saying that I borrowed $1.5 million from countrywide. I said, but guess what? That $1.5 million is spread between all four of them. This one's $250,000. This one's $750,000. This one's

$500,000. And I said, so it's one or the other. Either it's one financial institution or it's four. And they said that, and the prosecutor got like yelled at me. She yelled at me. She yelled at me. That's not the way this works, Mr. Cox. That's not, you borrowed more than from Countrywide. He was for saying, country, right, it's four different companies. Now you're saying it's one. Right. You're bending the law to meet whatever, however much

you can jack the guideline. Absolutely. And here's the problem is that You have no leverage. I've no, I have no leverage. I have no leverage. I can do that. They can do that. They can do that, yeah. They're the government. Listen, I could give you a couple more in handsment. For a limited time at McDonald's, enjoy the tasty breakfast Trio. Your choice of chicken or sausage McMuffin or McGrittles with a hash brown and a small iced coffee for

five bucks plus tax. Available until 11 a.m. at participating McDonald's restaurants. Price excludes flavored iced coffee and delivery. It's the same thing. Every one of them is like, are you fucking serious? Yeah. Yeah. There needs to be reform there. Right. At least this woman will be able to go in and say, look, this guy, he's done 10 years. He's looking at 25. He's not saying he didn't do. He's not saying he's innocent. We're not looking at his case. We're not looking for DNA. Our problem here is this. He got too much time and most of the time you got too much time because of these enhancements. Absolutely. Did you know I got an extra one level because I committed a crime while I was on federal probation? An enhancement. An enhancement. By the way, after I've been

locked up about 10 years, they went in front of the Supreme Court and they dropped that. And now you can't give someone an extra. Oh, very good. It's just because they were on probation, you can give him an extra, because they're already going to... A crime is a crime is a crime. Right. You can just because he was on probation and commit another crime, you can't give it on the moon, but, yeah. You can't give him extra time. He's already got, because here's why, you're already going to give him an extra level because it's for criminal history. Yeah, yeah. Now you're giving

them another level. Yeah, you found a way to stretch it. I got charged with that. Yeah. I never got that taken off. Yeah. Do you see what I'm saying? Yeah. This woman would be able to say, listen. She understands it. Like, I'm not saying let this guy out. I'm saying he's got 25 years. He's done 10. He should have been sentenced to 15. Knock off 10. Yeah, right, right, right. But lawyers don't tend to do that. No, no. And they may not even understand these guidelines like you do. Right. Or like she will. Right. Yeah. You know what I love about Trump doing this. And, you know, I think a lot of this comes from Jared Kushner, his son-in-law, having an experience with his dad going to prison way back. And I think Jared whispered in Trump's

here in the early administration. Hey, listen, there's a lot of unfair things. going on inside the Department of Justice. A lot of unfair things going on with criminal senate scene and all that stuff. And I think that's why we got that first step act. He's the one to put that bipartisan law into place. I think

Trump's first his first term where he wasn't the way behaving the way he is now. No, that's right. It was new. It was new. He was trying to kind of play a little bit of ball, you know, I want to do some things. I'm going to do stuff. He was, I think that whole time he was

holding back thinking, oh, when I get my second term, I'm going to turn into a fucking maniac. And I'm going to go ahead and I'm just going to gut this entire system. And in four years from now, I don't think the country will be recognizable. I don't either. And unfortunately, and I know a lot of people are going to be upset by this, I can't wait to see it. Yeah, yeah, yeah, yeah. Please disassemble it. Yeah. Yeah. Because there's so much waste, it's absolutely ridiculous. And that thing about... It's not set up for the American people.

It's set up to serve the bureaucrat. Right. The whole system set up to serve the bureaucrat. Right. The American taxpayer, whether they know it or not, is being stolen from to financially prop up the bureaucrat. Right. That's unfair. I want to get into Nancy Pelosi's net worth.

Let's figure out how a lady who makes $174,000 a year for all the years she made it is somehow worth $200 million. Please explain to me. She should be investing our money. She should be my financial advisor. Right. Like, why would you, why wouldn't she, why would you stock picks? Right.

Why can't she do that for the government? She should be doing that for the Treasury. And here to go stock picks. And it's not, it's not just Democrats. Like, it's on both sides. No, for sure. On both sides. The Republicans allowed this to happen on their watch too.

They set back and pretended they were all about fiscal responsibility when this nonsense was happening at the Treasury. Right. We all see it. And I think we've got to deal with this at the elections. Yeah. We've got to deal with all of them. unless they could explain. Now, they were not party to the receiving of all this unnecessary funding.

Yeah. Yeah. And I want to understand how Chuck Schumer is worth $175 million and he's never made more than $155,000, I need to understand it. Please, he's another one of these great investors. Let's figure out. It's funny because I used to always say, like, if you were super smart, like, you're not working for the government. But the truth is, I'm wrong about that. Yes. Apparently. Apparently, these are real smart people. Right. If I can convince enough people to get me elected, then I can manipulate the system from the inside and I will make hundreds of millions of dollars. Yeah, access to information is power. How about AOC? She's worth $8 million. How about that? Bartender, Jersey. How is that possible? Eight million? What is she doing that is allowing? I mean, I think her district's basically a few apartment complexes. How in the world is she worth $8 million? Let's get into it. Let's find out. Right. Yeah, let's have some PowerPoints on that. Let's get into it. Let's have some protest on that. So I did, and I'm just naming these three because they've been publicized. We see those numbers. But it's all of them. It's all of them. Yeah. Yeah. It's all of them. Yeah. It's almost a proud thing to say I'm the poorest guy in Congress. That guy ought to raise his head up right now is say, I am the poorest guy in Congress because apparently I wouldn't paying attention all these boondoggles. You know what the problem with that guy is that he goes through

Congress and he's there for 10 or 15 years or 20 years. And after after 15 or 20 years, he goes, you know what? There's like, there's no benefit to me to be honest here. These people are being dishonest and they're stealing from their constituents and there's no recourse. None. Why would I not do the same thing? And then that guy. So, you know, if you're surrounded by that corrupt. Yes. And listen, I saw that at my mortgage company. We were all corrupt. Yeah. There's 12 guys smashing out fraudulent loans and we'd get some new guy who didn't know what he was talking about he didn't know really realize this here's people used to follow me this asked me this all the time after i mean after i went to prison got out i and i do speaking engagements and stuff people ask me this

you know did everybody did you bring people in knowing they were committing fraud or they would commit fraud i was like no i didn't have to i bring in legitimate guys and i would know that very quickly, they were going to be committing fraud. I'll adjust. I only had one person quit. Quit the entire time. Yeah, because he was rubbed wrong ethically. I'm going to say his name. I'm going to say his name. Yeah. Because he went on to be extremely consistent. His name is Kevin Studeville. Okay. He got into my office. He stayed there about two months. He and I liked each other. Yeah. We went to dinner. We hung out. Yeah. I liked Kevin's girlfriend at the time. Yeah. Matter of fact, I still talked her. I've talked.

to Kevin. Yeah. After about two months, and Kevin never, never did anything fraudulent. After about two months, he saw how much fraud was going on. He came to me one day and Dave Walker, which was my business partner, and he said, listen, you guys, I can't stay here. Yeah. He said, I appreciate everything you guys have done and bringing me in and helping me. And Matt, you've shown me a lot of stuff and you guys have really helped me.

He said, I've learned a lot of legitimate stuff. He said, but there's a lot of fraud going on. And he's like, and it's not that I'm involved, but I'm around it. And the people around me are coming fraud. And he goes, my fear is that things will go wrong and I will be somehow connected to it. Yeah. He says, and I just can't do that. I can't be a part of that.

And he really, he genuinely liked me. Yeah. So it was upsetting to him. Yes. He wanted to work with me. Yes. Just because we had so much friends. Yeah. Listen, we just have game night.

Like, we would go like once a week and play games, all of us. You know, it would be like six of us would get to work. around and play like monopoly or whatever yeah um she was a cool guy he went on to um continue to continue to um do mortgages i almost say commit mortgage fraud commit mortgage he never committed mortgage right he went on to do mortgages and then i think he does not and invest in real estate this guy's probably worth 20 or 30 i love that he's drives like a Ferrari he's got a wife and kid and the whole thing he's a perfect example of you can do it the right way you can do it the right way yeah And listen, you know where I got this guy?

This guy had, he did like three years, and I didn't know this at how it worked. It's not Smith Barney. What's one of the ones like, it was like, Morgan Stanley. And I think it might have been Morgan Stanley or something. He was hired by Morgan Stanley. He worked for him for three years. And I was like, and he's like, oh, I hate it. I go, why did you stay three years?

He is because when they train you, if you leave before the three years, you owe them the $60,000 that it costs to train you. Yeah. If you stay for three years, then you don't. it. Yeah, you don't owe that money. You could leave. Yeah. So he stayed exactly three years. Quit there, came to work for me for about two or three months and said, yeah, yeah, no, no, no, no, not going to happen. And then left, left my place, went on and made tons of money. The problem is he's the only person that did it. Yeah. Out of probably 20 other guys. They came in. They saw the fraud. Modified. They modified their behavior. Their behavior. They changed their moral compass or

their ethics. Yeah. They started committing fraud. They either went and started their own fraudulent company or they stayed with me committing fraud. They did something, but they continued on with fraud. They got in there. They were, and it's the same thing with Congress. You might enter Congress, a perfectly legit person. That's what you see all this fraud. And you see these guys, because to keep in mind, these guys would go in and be like,

oh my God, you change that? Are you scared? No, I do it all the time. I've been here for fucking four years. I've never been in trouble. I'm making half a million dollars a year. I got here. I was making $25,000 working at Pestex.

Now I'm making $300,000. I live in a million dollar house. That's right. I've been doing it four years. It's never caught up with me. And they go, huh, what am I doing? Maybe I'm the idiot. I must be stupid.

I'm going to still doing it. I need to make that kind of money. He's doing it. It's foolproof. Yeah, yeah. And so they start doing it. And many of the laws are set up to allow them to have inside information and trade on it. And it's not against the law.

They're fully fucking, of course it is. And they make the laws. And that's why it sits like that. I think this will have to be changed. And I think we got the guy in there to do it. Okay. The Speaker of the House is working right with the Trump administration and try to, you know, indoctrate some of these things into Congress.

I'll tell you what, I don't want my, I don't want anybody to enter office, public office as a way to make money. I want you to be it as a civil server. Make your money in the private sector, come in and serve and then get out of here. Right. Oh, there should be term limits. Yeah, absolutely should be turn limits. Yeah, just like the executive branch, the president.

Yeah. And then smart people will want to do it. People are not crooks. The gentleman you just referenced his great story. He's a guy who would serve our country well. Right. And he would go in a brief thing, go back home. Right, exactly.

We want people to make their money in the private. sector coming and serve America, understanding how it all works, they go home. I would love, I, I, I, I, I, well, we don't have Colby of the camera or the thing right now, but I, I figure, is that there's the, the famous general in Rome. And I don't, Patten, no, Patten, Rome, American, Rome, what, did you, a Napoleon? Oh, give me the, give me the guy. No, I don't know his name. This is, this is back in, like, the, with the Coliseum and shit. Listen, it's, it's, I'll look it up, so, what, let me tell you the story.

I don't know the guy's name. Yeah, yeah, it's irrelevant. Okay. The guy was like a general. general. He goes, he retires. He's a general. He retires to his farm. He's tending his field. It's a famous story. We'll look it up when we're done. He's tending his field. Rome is in a crisis. Like the, the gulls are at the gate or something. I don't know. They're about to be taken over. They come to him and the, what is it, the Roman? Legion? Legion? No. I'm just trying to help. No. Basically like

their Congress, whatever. I forget. They come to him and they say, listen. the senators, the Senate, the Senate. So the Senate comes down and says, please help us. We need you to lead, we need you to lead our army to defeat the Gauls. Once again, I don't know that it was Gauls.

So we need you to lead the army. He says the only way I'll lead the army is if you have to give me full control. I can't be passing everything through you. And they said, you have to give up complete power and I'll be basically like an emperor. And they were like, they were scared and terrified

and they said, do that. And they gave up complete control. We need it. The thing is, one of the things I liked about the story was he puts down like his hoe, right? Like he's in the thing, puts his hoe down, goes, gathers up the army, goes off and fights the gulls, defeats them,

takes five or six years, comes back, says they're done, they're finished, they won't bother us anymore, hands back power to the Senate, walks back to his farm, picks up his and starts back with his garden. That's it. That is the guy that you need.

That's what we're looking for. The guy that doesn't want to want power. Yeah. He's just wants to retire. I just want to hoe his garden. Right. But he... Kelly Shiningy's hoe. Yeah, right, right. Rake. Is his name Lucius, Quintius, Centipius or something we can? Good.

Lucius? Quintius? Quintius. Is that the story? Lucius. Anyway. I love it. Struggle to defeat. Sintius was summoned from his plow to To pursue complete control over the state.

I love it. Yes. Plow. That's what we're looking for. Yeah. That's what we're looking for. Right. That's what America needs.

Yeah. People willing to put, get off their plow. We need to actually serve America. We need some luciuses. Yeah. And I think that's what's going to happen at the upcoming elections. It's got to. We got to flush them out, Republicans and Democrats.

Yeah. In independents. They are our attenders, all of them. Do you think Doge? Far to the three. I just did that in it. Estration is going to uncover money laundering and all these. Yes.

Oh, God. Yes. Yes. And all of them. Here's the problem is that in the past, when they've done these investigations and they have the Senate hearings, and then you find out that they found out, found out all this horrible stuff. And then you go, whatever happened with that?

All these horrible things came out during the problem is you said, okay, these horrible things came out. And you go, why did nothing happen? Well, because it's just the Senate or it's just Congress and it's just a Senate hearing. And they can't do anything. And you go, okay, well, we got all this information. Now we know. Why doesn't the FBI do it?

anything because the FBI is elected by the same people or friends they're all friends of friends and so that's over like right the head of the FBI says yeah I know I heard we're investigating we're looking into it we're that but the truth is they're burying it yes I don't want to arrest this guy or these guys he was appointed by the same guy that appointed me and I have to go on and I'm hoping that this guy's going to be elected again so I can keep my job yeah and so we're not going to look into that like it's all a good old boys that one that's right that's the problem them. These guys need to be independent of each other. Yeah. There needs to be oversight, you know, of them.

That's right. But I think we're going to find out that these checks that would do the bizarre things, that when you say it, it sounds crazy. Like who actually would approve a check to go, you know, to go to some of these places? Right. What we're going to find is that there's an LLC named that. Right. They put it in that bank account, this is your money laundering. It goes in that bank account. There's not a Sesame Street in Ireland or whatever that they paid for. Right. And it certainly didn't cost $20 million. Right.

Or even if there is, then they sent them the $20 million. They kicked them back $6 million. That's it. For a million, they made some stupid fucking program. If they did it all, they rock it in the rest. The kick back is what we got to chase down. Yes. And that's what's happening.

Because none of this makes sense. Like, okay, so you want to help get condoms to Bosnia. Okay, fantastic. Okay. For whatever reason, you want to send condoms to Bosnia. By the way, they ended up correcting that. It ended up being. Well, they said Hamas and that was wrong.

No, no. I think it ended up being condoms for. Or, and it was some country in, in, whatever, in Africa. Let's get them the condoms. And the truth is, I don't care where the condoms went. I don't either. Two million or four million or six million. Right.

I don't give a shit when people need help here. Yeah. And I don't want you sending my tax pay money to buy condoms for anybody outside of America. Right, right. Okay. But let's find out. Did we really spend $20 million or $2 million or whatever on condoms? Did we really?

Because I got a feeling we may have sent $100,000 from Trojan, okay? I think Trojan donated whatever's necessary to fill the condom void in Africa. Right. And then I think the $20 million somehow got circled back. Yeah. And it's gotten to somebody domestically who was behind the whole idea being condoms in Africa. That's where we got to chase the money down. And I think that's why we started this episode of money laundering because I believe our government is in a very bad place with money laundering from the very top.

The bureaucrats have been money laundering for too long. Yeah. And they're pulling the skirt back on it. We're seeing it right now. What's the other, yeah, the crooks are running the place. The crooks have been running it for a long time. Yeah. And it's coming out of the barista at Starbucks check.

It's coming out of the guy at the movie theaters check. It's coming out of our check. Whoever's paying taxes, that little bit of money that's going to pay taxes, it's going to all these nonsense places and going back in the bureaucrats pocket. I believe that's what we're going to uncover. It's going to be a sad four years as we find out our favorite politician, our favorite speaker back there in the White House, our favorite guy or favorite lady who we love her speeches may have been taking some money i think

we're going to find that out yeah hey ma'am you're ready thank you do all right hey hey well awesome no problem hey hey hey you guys by the way james has got a uh he's got a youtube channel please go to his youtube channel subscribe uh we're trying to get him over a certain threshold we're trying to get him monetized so he can you want me to say that you inside out inside you're okay with me so you get you monetize sure sure we're trying to get it we're trying to get him monetized it's called Inside Out and we're going to leave the description in the description box go over there please subscribe to his channel really does help he's been a super great friend to me one of the few guys I like a lot of the guys that come on the channel but one of the few guys that have stuck after

the interview and we become very good friends um and you know great guy good friend of mine I really would appreciate if you would go there and subscribe to his channel even if you never watch it again um but I really appreciate it's in the description box please do that please consider joining our Patreon and thank you very much see you oh okay let's go are you okay yeah i'll go first watch all those yeah moving out of the barrel so you can see that we were in a barrel oh my gosh just stand there in the front yeah stand in the front of the barrel yeah

front of the barrel wave to the audience and it'll fade out all right from Breckenridge. Awesome.