Matthew Cox | Inside True Crime Podcast - The Evil Company That Almost Took Over The World...

Episode Date: September 24, 2023

The Evil Company That Almost Took Over The World...

He's very confident. So when he tells you something, you believe it. Because in his manic moments, right, he believes it. Not only does he believe it, he thinks he's preordained by God to make this happen. It's $20 million, then it's $40 million. It grows $100, $110 million, $120 million. And this is money that Frank's able to use to buy other companies. through Mirabalus, this worldwide organization that is hell-bent to take over the world.

So what Mirabulous starts to do is they start to focus on investing in companies that have military applications. He started making a ton of money. The problem is that Frank's bipolar issues are impossible to hide for any length of time. Woody said, I know it seems odd to follow someone that has a mental and mental illness and says the types of things that Frank says. He said, but you have to understand, Matt. He was winning. Hey, this is Matt Cox, and I'm going to be continuing the Frank Amadeo story.

We're going to be talking about Mirabalus today and the creation of Mirabalus and what it is and how it came into existence. Now, let me start by saying that in the last video, Frank had just gotten out of prison and a friend of his. or a former business partner and friend, I guess, had, they had met at a, I don't know, Waffle House or a Denny's or something, and Yoniv had given him a chunk of money that they'd had been in a business relationship and Yon Yov showed up and said, look,

you know, Frank had gone to jail, but he got out, and Yon Yov gave him this money. So Frank took the money. The other thing that happened is, I don't know if it was at that meeting or within weeks or, a month or so that Yoniv came to Frank and said, Frank, listen, I have an issue. Yoniv had been running a company where he was offering like a universal credit card.

And it was he was taking, he was taking money from clients for this universal credit card. And he was supposed to be, I believe he was supposed to be reporting it on, on these people's credit, which he ended up either not doing or I'm not exactly sure. The specifics of that business model are in the book based on what Frank had told me. Janiv, by the way, I spoke with him and I interviewed him and he disputed Frank's exact account. But I'm going to tell you what Frank told me. So Frank, so Yaniv came to Frank and said, Frank, look, this is what I've been doing he had a staff of people that worked underneath him that were making phone calls you know he had like a phone room and they were making phone calls and they were offering a universal

credit card for a certain fee and they would i believe they were supposed to place that on people's um credit so if you had bad credit this would help you out well what ended up happening was yon even taken in a bunch of money and the problem was he wasn't able to report on these people's credit or for whatever reason part of his part of what he was offering part of the service he was offering he wasn't able to complete so he came to frank and said look i'm in trouble because i believe the like the federal trade commission or some government agency had come into the office or was poking around asking questions and yaneeve felt like he hadn't done anything illegal, but he also had not provided the service that he had been

offering and selling. So let's say he was offering the service for, let's say it was two or $300. Let's say it was $200. So Frank, he came, so Frank said, look, you can give the money back. And of course he, you know, Yon, he didn't want to do that. He's like, well, I don't want to do that. Like I still have, you know, whatever, he had made a few million dollars or whatever it was. And so Frank said, look, here's what we can do is we'll go in, contact all of these people and offer them, you know, explain to them that the company is going under and that you're offering a, you're offering some of the money back, but not in the form of money. You're going to give them a gift that's worth the same amount of money. So Frank goes in one day and talks to all the salespeople and says all these people that they've been calling to get money out of. of, they're now going to call them up and offer them things like, you know, a weekend trip for the, and, of course, the weekend trip, Frank goes around to all of these, uh, um, what is, uh, a timeshare companies where they'll offer you like, hey, we'll fly you in for the weekend and you stay here at this hotel. And all you have to do is take a, a tour, take a two hour tour of the hotel.

and you get and we'll fly you in you get to stay for the weekend at this hotel or resort or whatever whatever it is and then you get to leave and that's all you just have to take a tour of these time shares for and it only takes a couple hours so you could so they call up all these clients that have paid in money but are not going to get the service and they offer them a a weekend trip in exchange for the fee that they've paid. or they can get, I forget, he was offering some kind of like a clock that they were saying was worth $199, whatever the equivalent of the fee was, and they would mail that to them. So you could get the clock or you can get a weekend trip.

Those are the two things. And basically the company was entering bankruptcy. Or if you want, we're going to be entering bankruptcy and you'll get nothing. So they're giving away clocks and weekend trips that cost virtually nothing. for the company and they do this to a point where basically everybody is being made whole. At that point, Frank said that, I forget the name of the company, the organization, the government organization, it comes in and it's like the Federal Trade Commission or whoever it was. They come in just as this is wrapping up and Frank explains to them what the issue was and that

what they're trying to do to resolve it and they kind of say, okay, well, you know, we've gotten a bunch of complaints, but sounds to me like you guys are handling it. It doesn't sound criminal, you know, although Frank, when he talked to me, said he felt it it may very well have been criminal or could have gone criminal, but because they kind of headed it off at the past before anything had been filed, he was able to quash the whole thing. Now, I say that, I tell you that story to let you know how Frank became a venture capitalist. that that basic

little you know scheme that he came up with to get this company out of a jam ended up getting his name spread around town let's say and so

Frank starts doing some legal consulting some tax consulting things that he probably shouldn't have been doing to make money and you know consulting for bankruptcy and he said companies started to come to him people started contacting him and coming to him and talking to him he was also giving seminars on bankruptcy that sort of thing now keep in mind he's

no longer an attorney he's been disbarred just got out of prison uh he's working doing different types of kind of seminars and things on bankruptcy but just as giving like a speech right like he's not taking money he's just giving going around giving speeches and seminars and he and his name is being kind of passed around, around the various industries in Orlando. What's going on YouTube, Ardap Dan here, Federal Prison Time Consulting. Hope you guys are all having a great day. If you're seeing and hearing this right now, that means you're watching Matt Cox on Inside True Crime.

At the end of Matt's video, there will be a link in the description where you can book a free consultation with yours truly, Ardap Dan, where we can discuss things that could potentially mitigate your circumstances to receive the best possible outcome at sentencing or even after you started your prison sentence. Prior to sentencing, we can focus on things like your personal narrative, your character reference letters, pre-sentence interview, which is going to determine a lot of what type of sentence you receive. If you've already been sentenced, we can also focus on the residential drug abuse program,

how you can knock off one year off of your sentence. Also, we have the First Step Act where you can earn FSA credits while serving your sentence. For every 30 days that you program through the FSA, you can actually knock an additional 15 days off per month. These are huge benefits. And the only way you're going to find out more is by clicking on the link, booking your free consultation today.

All right, guys, see you soon at the end of the video. Peace. I'm out of here. Back to you, Matt. He ends up getting contacted by the CFO or CEO of a company called Presidion. So the, let's not say I'm going to say CEO, although I could be wrong. It could have been CFO. So the CEO comes to Frank and says, Frank, can I, hey, can I talk to you a little bit?

He says, sure, no problem. So he says, what's going on? He's like, look, you know, like his company owns several companies. So Presidian owned several companies. They were called like the sunshine companies. And they were essentially PEOs, which are employee leasing companies where let's say you, I give you an example. For instance, let's say your company, you have 100 employees and your company makes coffee cups. now you're a small business right you have a hundred or less if you have less than 100 i think

you're considered a small business to have you a little less than 100 employees maybe you've got two thousand employees the point is is that this company you would then pay or you would then pay a company to do your your taxes for you okay so presidio owned several smaller companies that other companies paid them to do their taxes for them. And the way they did that was all of your employees that work for the coffee cup company, all 100 employees, would become employees of Presidion or the Sunshine Companies, which are underneath Presidion. Let's just say Presidion for the sake of argument or simplicity.

So all of your 100 coffee cup makers are now Presidian employees. Presidion has hundreds, maybe thousands of companies similar to yours that all have small 1,000 employees, 2,000 employees. They are all now employees of Presidion. Presidion leases you those employees to make your coffee cups. The good thing about this is now Presidion ends up with 20, 30, 40,000 employees. employees. Well, with 40,000 employees, you can get some really huge cuts on workman's comp, on your 401k program, on health insurance, because you have a lot of power now if you go to, let's say, State Farm or whatever insurance company, you'd say, look, I got 40,000

employees that I can put under you, but you have to give us the insurance at a reduced fee. If you have 100 employees, you can't do that. But if you have 20,000 or 30,000. 30,000, you're going to get a cut. You're going to get a really good, a great premium. And so that's what Presidion did. The problem is, Presidium was in the hole. So they were in the hole because what they had done was a lot of their, a lot of their accounts were in arrears. They weren't keeping up on their accounts. And on top of that, what they were doing was, if you're an employee and a lot of people don't know this, and this may get a little complicated, but it's, it's, it's, you really have to understand to understand what Frank did.

If you're an employee and you make $20 an hour, your employer pays you $20, they withhold maybe $4. So you don't get $20. You're paid $20, but they withhold four to send to the IRS. Your employer also pays a payroll employee tax. So your employer also sends, let's say, a dollar. so you think or let's say two more like two dollars so you're thinking oh well i only cost my employer twenty dollars no you cost them twenty two dollars they withhold four let's say four dollars and they they have their own two dollars so they're supposed to

send that six dollars to the IRS now at any given time there are several thousand if not 10,000 or 20,000 companies in the United States that are behind on their payroll withholding taxes. So it's not uncommon that they're supposed to be making payments to the IRS for the money they're withholding from your check, but they're not paying. They get behind, let's say they tell the IRS, look, we know we owe you $12,000. We don't have the money right now. We'll give you $3,000. We're trying to catch up on bills. We're having some financial difficulties. Now, most people would think to themselves, you know, most people would think to themselves, wow, that's like that. That's a crime. Like, oh my gosh, the IRS will come in and they'll shut

them down and they'll do this and they'll do that. But the truth is, because it's so prevalent and it happens all the time. And these aren't companies that are trying to do anything wrong. Like this company isn't trying to screw over the IRS. They, trust me, you want to pay somebody you want to pay the IRS so they're genuinely having a problem well why just survive back to school when you can thrive by creating a space that does it all for you no matter the size whether you're taking over your parents basement or moving to campus ikea has hundreds of design ideas and affordable options to complement any budget after all you're in your small space era it's time to own it shop now at ikea.ca

When Frank took over Presidion, or came in as an investor for Presidion, when he came in to restructure that organization, which is what he worked out with the CEO, he came in and said, look, he looked at his books. They had told him they were $5 million behind on their payroll withholding taxes. And he's to the IRS. And he said, okay, that's fine. We can work on that. Well, Frank comes in and agrees, says, look, one, I'm going to get, let's say, I don't know what the exact numbers. It was like 25% of anything I save you on all this debt. Plus, you're going to give me X amount of stock.

Now, Frank is a, Frank is a convicted felon. He's not allowed to own stock in a publicly traded company. But what he does is he ends up starting a corporation. and having that money that stock held in that corporation you know is that legal i don't know frank says it is well so he frank comes into the organization there's supposed to be five million dollars in debt he goes in he starts to look at the books it turns out they're like eleven million dollars in debt now frank is supposed to be an investor in this company well what frank ends up doing is diverting funds that are meant for the IRS

he then reallocates some of those funds to put money back into the company so Presidion thinks they just got an influx of several million dollars from Frank but really what Frank did was in the accounts they had reserved for the IRS. Frank took that money and reallocated it to put back into Presidion. So Presidion doesn't really realize what's happening. They just realized that we've been holding money for the IRS. Some of that, you know, and then this guy just gave us some money to catch up on some of our bills.

Frank then turns around and goes to all of their creditors. Well, the first thing he did is he goes and reestablishes. new credit lines. So let's say for let's say a lot of these companies or for Presidian has they're offering

a 401k program through this company and insurance through this one and workman's comp through this one. He goes and he gets new accounts with new companies. He goes to the older companies that these people owe money to. So Presidion owns money to these

and he negotiates down the debt. He says, we're doing one or two things. You're either renegotiating the debt they owe you and putting them on a payment plan. Or we're going to go into bankruptcy and you're going to get nothing. And that's what happened. One of those creditors, those many creditors, was the IRS. So one, Frank took money that was owed to the IRS and used it as his capital to invest in the company, which is brilliant, by the way. Two, what he did was he went to the IRS and said, look, they owe you $11 million.

Here's what we're going to do. We can afford to pay you $3 million over the next year. And in six months from, and we'll start paying immediately. In six months from now, we'll be able to pay or make normal payments. But we need six months to renegote or reorganize this. company. So he starts acting on that strategy, which has never been okayed by the IRS. Like the IRS understood it. They were trying to get somebody to sign off on it. But if you've ever filed an extension with the IRS or owed the IRS money, which I have, what you end up doing is typically

what you do is you file your taxes, you tell them I owe you five million, or sorry, five million. You tell me, look, I owe you $5,000. And then you say, I'm going to pay that off. Here's 1,000, so I still owe you four. I'm going to pay you every quarter $1,000. So here's $1,000. And in three months, I'll make another payment, another payment. And you say, so let me know if that's okay.

Honestly, a year later, when you're basically making your last payment, the IRS will come through and say, we're okay with that. I mean, that's how long it takes. So it's like you implement a strategy, a repayment plan, and the IRS takes years to okay it. So for a large corporation, it would take years. But in the meantime, Frank's trying to reorganize this company. Now, what ends up happening is right away by renegotiating all of these things and not going

to bankruptcy and explaining to the IRS that this is how we're going to repay you, they're still withholding money from the employees. They're also still acquiring additional companies. and leasing their employees back to them and withholding their payroll taxes. A lot of that payroll money is not being sent to the IRS. It's just going in Marabola, I'm sorry,

going into Presidians coffers. Now, in the meantime, Frank ends up opening a company called Marabalus. Mirabalus is Frank's version of Spector. Okay, Spector, as I think I mentioned in the last video, Spector is the organization that was thought up by Ian Fleming as being this worldwide organization that is hell-bent to take over the world. And the interesting thing about this is obviously Ian Fleming started like the James Bond series.

he started that series just after World War II and so initially Spector is a company that's hell-bent to become to make all of the world a communist government

or to fall under the entire world supposed to basically be overtaken by communism now obviously when you know that has that Spector in the guise of Ian Fleming has slowly evolved.

But now it basically, Spector means that it's supposed to take this criminal organization that's going to take over or be able to have influence over the entire world's governments. And there's some kind of a cabal that's in charge of this whole thing. Regardless, Mirabalus is Frank's version of Spector. so he starts mirabalus mirabalus is using money from Presidian and other companies

to acquire additional companies so I give you an example they would take money put it into Mirabalus and then Mirabalus would go in and you would let's say you would I actually give you one that I give an example in the book because there's he's got tons of examples there was a company

called um it was I forget the name of the company but it was a company that was an asbestos removal company and asbestos is a product like an aggregate product that was used in all kinds of of construction back in the 50s 60s 70s probably by the 80s they realized that it it helped called, well, it contributed to cancer. So they stopped, obviously, they outlawed, you're not allowed you're not allowed to use asbestos anymore. The problem is there were, people had shingles on their roof, right? Like, so you got like your roof, uh, three tab, you know, shingles that had asbestos in them. It was this very tough kind of fibrous material like, uh, like, like fiberglass.

And so you would go in and listen, I'm where they were using it for everything. Like, we're talking about it. It's in clothing. It's, it's, it's, it's, and all kinds of stuff. So you have, if you find out a product has asbestos, you have to have a special company come in and remove it. They have to have the gear.

They have to make sure that the fibers don't get into the air. Like you have to have it vacuum sealed and all kinds of stuff. So Frank, there's a company that basically there was a company, he gave me an example, which is actually this is a brilliant example. It's an asbestos removal company

that had a contract with the U.S. government to remove asbestos from several I'm going to say they were I want to say they were like subs or something but it may

have simply been like a Navy boats or something along those lines like there were several boats or subs or something along those lines I don't know exactly I have the specifics in the book well this company has a huge contract the problem is that the government doesn't pay until like 90 days after you're done and

this is going to take this guy six months to complete the contract he can't survive it's a small business he can't survive for six months so he went around looking for somebody to invest like give me half a million dollars and i can get this done and then the government's going to pay me two million dollars three million dollars i already have a contract well the guy was supposed to have done this he was looking everywhere for for an investor. He could not come up with it. His whole company is about to go under.

And then just as Frank enters the picture, and the guy goes to Frank and says, I'm looking for a venture capitalist. I'll give him like half of my company if he'll just put up, let's say, half a million dollars or a million, whatever it was. And Frank comes in and as he's negotiating with the guy to get controlling interest of the company, the Navy cancels the contract. Frank being a bankruptcy attorney immediately files a notice of bankruptcy

and then it's called clawing back claws back the contract so he files for bankruptcy which is in federal court he then gets the bankruptcy court to order the Navy to reinstate the contract. Now, how that's possible, I don't know,

but apparently there was some kind of an overlay, an overlap. And so sure enough, a federal court said, no, no, that contract is still good. You have to give this guy 90 days to start the project, whatever that case may be. And so Frank puts up the half million dollars, and the guy immediately starts. and ends up getting, he's got the contract, he ends up completing it.

Frank has, has control of the company. And this guy does, predominantly starts to do military contracts. Frank also, so he just took a company that was about to go under, invested half a million dollars. The company made two million dollars. Within six months, it made two million dollars. So Frank gets his money back and owns as controlling interest in the company. he also another company that he did this with gosh this was another one which was

oh satellite company so there was a satellite company that made portable satellites for the military and keep in mind at this point we are currently in I want to say Afghanistan and Iraq so you've got the Iraq war going on or we're not there was no longer a war

we were basically we were occupying Iraq and Afghanistan and so the so this company makes it this company makes portable satellites for the u.s. army they sit them on the back of a truck i got pictures actually on the website i have pictures of the company one of the satellite things they throw them on the back of like an 18 wheel or something and they drive them in the middle of nowhere and then it puts up this huge you know dish and you're allowed to use you know whatever satellites phones whatever they're using over there so

this company had a contract with the government, but they needed an influx of cash. Frank comes in, verifies that they've got government contracts, and he ends up giving them the money to build these satellite dishes. So what Mirabola starts to do is they start to focus on investing in companies that have military applications. Right? Companies that do something, they make helmets or they make bulletproof gear. And by the way, these aren't companies that he did invest in. I'm just saying that type of thing. Maybe they make satellite dishes.

Maybe they remove asbestos from military bases. I don't know. But most of these companies have some kind of military application. Now, one of the other things he did was Frank ends up investing in a company called Tactical. Tactical is a company that It's hard to explain this to somebody That has never been through the prison system Because it sounds ridiculous

But I'm going to give you an example of it And it won't seem so ridiculous When we get to the other videos And you see what happens Anyway tactical And by the way there was like three different companies Like one was called like Eagle Claw one was tactical international business you know something and then one was called tactical

over anyway we're consolidating these three companies in tactical it's called tactical tactical tactical was headed up by a guy named kevin billings now kevin billings was the head of george bush's george bush seniors secret service uh detail so he was head of the secret of the Secret Service detail that protected President Bush, Senior, not Junior. And he had just, he had retired after whatever 20 years in the Secret Service. He was also, I think, on their, on their SWAT. They have like a SWAT type of like SWAT team or, I forget what they call it, but penetration team or something. Anyway, he, Kevin Billings was extremely, he was extremely knowledge.

knowledgeable and had a ton of experience and he was the guy that head up or headed tactical now according to frank what tactical did well what one of the wings of tactical did was they would accept contracts to go into other countries and grab people that the that were wanted by the DEA or ATF or FBI or CIA whoever they would go in and they would grab someone and then bring them back to the United States. And I'll give you an example of this. For instance, let's say you're a drug dealer in Colombia and you're vacation and you've been indicted and you're in, let's say you're in Venezuela. So you're from Colombia but you're in Venezuela on vacation

or who knows what you're doing. Like the FBI and you're wanted by, let's say, let's say you're wanted by the DEA you're wanted by the DEA but they can't grab you in Venezuela like Venezuela is not going to Venezuela certainly isn't going to grab this Colombian citizen

and send them to the United States so what happens is the DEA puts a bounty like a $250,000 bounty on their head so and it's pretty simple now he said it's not really written down like this but the way it works

is this. If you contact the DEA and you say listen, let's say you contact the Tampa, Florida field office of the DEA and you say, listen, we've got, you know, Ricardo Achoa. And we're about to land at Tampa International Airport in our private jet. And this is tactical. We've got him. He's wanted. he's been indicted we're going to drop him off somebody needs to show up and somebody needs to show up and pick him up basically the DEA shows up signs for him they don't ask any questions and they cut you a check for 250,000 dollars so what happens is tactical finds out or is maybe even is even notified by the DEA hey listen this guy Ochoa is going to be

be in Venezuela for two or he's there right now he's going to be there for the next week or two here's where he's staying nothing that they can do about it these guys go in they watch his hotel for a couple days they watch his routine they see that he goes and gets coffee every morning they see him coming here come here that he leaves here this is a car that picks him up they have they sit in a van for three days four days five days and then one day they see him they walk up to them. They hit him with a taser, throw a black bag over his head, zip tie him and throw him in the back of the van. They drive the van immediately to the airport. They throw him on a private jet and Frank had two private jets. So they throw them on a private, I don't know how many tactical

had. They throw them on a private jet. They fly into the United States. They call the DE, they fly into Tampa International Airport. They call the DEA field office and say, we've got Ochoa. We're landing in 30 minutes. We need somebody to come pick them up a couple of DEA agents show up they meet you on the runway you know you can fly into the private private airport on a in Tampa International you fly in private you yank them out of the out of the fusel lodge pull it pull the black mask off hand them the DEA they cut you a check for 250 now it sounds like they cut you a check right then but I doubt that they have authority they probably probably get a check you know whatever a few months later the point is that

that Achoa can be screaming the entire time. You're kidnapping me, you're kidnapping me, you're kidnapping me. Now, that sounds far-fetched, by the way. But if you've been in federal prison, you would know that this is absolutely true. I have met at least 20 guys that were not only in their own country when they got grabbed and thrown on a plane or picked up by the Coast Guard

you know these guys would grab they don't even know who grabbed them like they're like literally I don't even know they like they know now they always say oh it was the U.S. government of course the U.S. government will tell you don't we didn't grab them

because they didn't grab them companies like tactical or companies like Blackwater or isn't it Blackwater Black Rock? The investment flight? No no I'm talking about like these private military groups, right?

These private military groups. And that's what this is. It's a private military group that they do stuff that the military or the U.S. government can't do. So they hire them to do it. So these companies will go in, grab them. Because think about it, if they grab them, let's say these guys get caught. Let's say some police officer pulls over the van.

They find this guy tied up in the back of it. They yank these guys out. They arrest them. They say, well, we're arresting you for kidnapping. What do these guys do? It's not, now, if there's CIA agents or FBI agents, they can go to the U.S. government say, hey, you sent us over here to grab this guy. Now, granted, that's a huge international issue right there, right?

Like, that's a huge debacle. But if some private guy says, hey, we grab this guy to get a bounty where U.S. citizens, we need help, the U.S. government will be like, sounds to me like you kidnap somebody in this other country. Like, that's horrible. You're on your own. We didn't sign anything for you. We didn't send it. The agreement is if you show up and call us, you get a check, no questions asked. We certainly didn't tell you to go grab this guy. We didn't sign anything. We didn't promise you anything. So I know many, many people in prison that are like Colombians or Venezuelans or other countries that don't necessarily, Brazilians, that don't necessarily have a good

relationship with the United States. I even met a guy that was a hacker that had been grabbed. He was Russian and he went to, now, I don't think, I don't know, if it was Ukraine or which country it was, but it was some country that wasn't a part of Russia. He's a Russian citizen wanted, and had he stayed in Russia, he'd have been okay.

But he went to someplace like, I don't know, Belarus or Ukraine or some other country to go on vacation and thought he was okay and came out of his hotel one day and got grabbed and thrown into a van

and he said he was flown to Germany and then in Germany they put him on a plane and they flew him to the United States and it wasn't until they got to New York that he even realized that what was happening. Like they literally told him nothing. They were just escorting him. And this went on for days. They didn't tell him anything. He would tell you that, well, the U.S. government grabbed me in Ukraine.

But most likely it wasn't the U.S. government. The guys never told them they were U.S. government. They just said there's a warrant out of the United States for you. What's it was a warrant? What? It's all we know, bro. That's all we know. They don't say, hey, we're FBI, we're Secret Service, we're CIA, we're D.A. They don't, U.S. Marshals, none of that. They grab them. And these guys always think that that's an American agency. Well, it's not. It's companies like Tactical. And that's one of the things that Tactical did. Tactical also accepted contracts in Afghanistan to do things like, you know,

guard military barracks, or they would drive convoys or guard convoys of food. Things that like, okay, so let's say the U.S. government lands a bunch of food at the airport, and they need to drive this five trucks full of food, you know, MRIs or something, MRIs? MREs? Meals ready to eat? MREs. They have to drive them to, let's say, the green zone or to this, some, whatever, some school, whatever. Well, I mean, this is a bunch of food. Like, this isn't going to be attacked by some militia group or anything. So what do they do? They give that assignment to tactical. Tactical has a bunch of guys. They have machine guns. They drive, you know, Toyota pickup trucks and they escort them. But those guys make.

good money. Tactical makes good money. Funny I have articles where it talks about how they're flying in they're Mirabalus is flying in like seeds for the Seeds of Hope program

Mirabalus flew in tons and tons of seeds and those convoys were all guarded by groups from like tactical so with that said that that's like one of those companies that was developed by Frank or that Frank bought that had military applications.

Now, one of the other things that Mirableness was doing was they would buy up companies and multiple companies that worked well with one another. And then they would do things like, let me give you the example of printing. So let's say you needed massive printing. He might buy something like a publisher. company and then he may buy several other companies that needed printing to be done and what they would do is they would all of these other companies would use the publishing company to print all of their do all their printing so they would take five companies that now use one company to do all

of their printing and so you just removed an expense from all of these companies and you also gave the contracts for that printing to a publishing company or to a company that deals with equipment or printing equipment and as a result all of these companies get a discount on their printing and the company that you bought that was failing is now making money because it's got all of these new contracts that's the type of thing that he was doing so he's taking these companies he's investing money from the IRS that should be going to the IRS he's he's reallocating that money to invest in failing

companies, then reorganizing those companies and making them profitable. And keep in mind, one of the things he did was he's a bankruptcy expert. So his big thing was always to threaten bankruptcy. Like, you're owed half a million

dollars. You'll accept $300,000 on a payment plan. Like, we're not giving you the $300,000. We're saying, we'll give you $300,000 and we'll make payments to you over the next two years. So it's not washing away the debt, but it's turning it into a manageable debt at a extreme, at a 40% discount. And it's spreading it out.

So that company that was deep in debt is no longer deep in debt. And as a result, these companies become profitable. and then of course the company that's accepting the money is either turns back on the credit line says hey this company's in good standing again or frank just goes to another creditor why wouldn't another creditor accept these people they're not in debt they haven't they haven't the debt isn't in collections they're on a payment plan with another vendor so they now have another vendor they just switch to another vendor who then turns on the tap and starts providing them whatever they need.

Point is, he was brilliant at renegotiating and getting these companies turned around and as a result of that, he started making a ton of money. The problem is that Frank's bipolar

issues are impossible to hide for any length of time. You could have a conversation with him for 45 minutes to an hour. You might have multiple small brief interactions with frank but there is no way to tell when he will snap there's no real way to tell when he will suddenly become outraged and go into you know go

into an angry rant it's never something where he's threatening you or going to say anything horrible to you or uh or be you know getting to let's say uh uh you know it's not like he's be violent towards you but he will say insane things that make you think oh my god what's happening the problem is he's he's brilliant and he's he's very confident so when he tells you something you believe it because in his manic moments right he he believes it not only does he believe it he thinks he's preordained by god to make this happen so when he says it he says it he says it was such fervor that you absolutely believe this is possible and you know you can feel in your heart that he believes it too so when he would go into these meetings he would convince

people to accept deals that they would have never accepted from anyone else because he believed it so so emphatically overwhelmingly and as a result of that he was he was turning companies around and I remember I interviewed a guy by the name of Woody that had worked with Frank and I remember talking to Woody and I remember when I was talking to Woody about Frank I was like, but you guys you knew that Frank had this problem

and he was and I remember I'll never forget Woody's response Woody said I know it seems odd to follow someone that has a mental and mental illness and says the types of things that Frank says

he said but you have to understand Matt he was winning he was getting companies he was one he was procuring companies that nobody wanted and he was reorganizing those companies renegotiating their debt

and turning them around he was taking loser companies and making them winners. He was winning and so it was easy to follow someone that had

nothing but a record of success despite how off he may have seemed at times you know you just kind of chalked it up to oh he's corky he has some quirky things that

he says and does it and we laughed about it and I would you know you would say to him like hey bro like like like you would you would joke around with Frank about well when you take over the world what's going to happen and Frank would do oh well when I take over here's what's going to happen and Frank would joke around about it like they would all joke or in the middle of talking somebody would complain about something he'd go well when I take over the world he'd say I'm fixing that that's that's never going to happen again don't you worry we're going to take care of that and everybody would kind of chuckle and laugh but he said but people

knew it was real. It was real. And I know I've mentioned this before and I may mention it again that it was real. And having been incarcerated with prison, having been incarcerated with Frank, I can tell you right now that I know exactly what he's saying.

Like you're listening to this guy who's insane things. And yet I'm watching him do people's legal work and literally performing miracles. Everybody told me about my own case you can't win this

and yet Frank won my case so as insane as it sounds it's understandable so once again one of the things that he did was with Mirabalus and with Presidian

was he Frank started acquiring failing businesses I'd like to mention one of his main things that he did and this is how ultimately he gets in trouble obviously how I end up meeting him in prison is that once he buys the company the first thing he would do is he would buy this company and if it had 300 employees

one of his renegotiating debts and reorganizing strategies was he would immediately go to them and say listen by the way your 300 employees we can save a lot of money on your pension plan and your insurance plan and your workman's comp. We can save a lot of money by moving those companies over to Presidion

and we're going to have Presidion lease the employees back to you. Presidion will do all of the HR work and all of the accounting. They will remove all the money from their income or from their the payroll and they'll send that money the IRS and so you don't have to worry about handling that all at all so you can we can get rid of all the staff that you have dedicated to that to do that isn't that great we're going to save you money by by by simply

leasing those companies from Presidion now the problem is that the companies would come in or the companies that Frank acquired would say wow that's great we have 2,000 employees we can save how much frank and he'd say oh you can save this much they'd go wow that's great and then they would lease up those employees they would then lease those employees back from Presidion and the money that the company pays into Presidion Presidion pays the employees removes the money that's supposed to go to the IRS but they don't send it to the IRS maybe some of the money goes the IRS but the ball but some of it also is placed into accounts that somehow or another frank ends up being able to utilize those funds and that's really what happens over the course

of a considerable amount of time years frank negotiates with the IRS and this the the the the the negotiations with the IRS goes on for a long time years the problem is every month the amount of money that is being removed withdrawn from employee payroll is building up and building up and building up

it's 20 million then it's 40 million 60 90 it grows 100 110 million 120 million and this is money that Frank's able to use to buy other companies through Mirabulus and grow Mirabalus.

Mirablus ends up the employee, Marabas has, I forget what it was, 30 or 40,000 employees after a few years. There's articles in the Orlando Sentinel, Sentinel about the growth of the company. He ends up leasing the top two floors of the SunTrust building in downtown Orlando. you know from from frank's office window you can you can see you can see the globe of uh ebcot so orlando is surrounded basically by you know disney world and and universal studios and mgm studios and and and abcott and all of these all these uh you know mickey mouse world uh entertainment type places and from franks i always i always love the picture

the idea of Frank standing at the window, the top floor window of Mirabalus looking out over Disney World with a shadow of Ebcott's Globe, you know, covering, you know, striking the window or, you know, whatever. Like, I mean, it's just so hilarious that this is where his, it's appropriate that this was where his office was located. Anyway, I appreciate you guys watching the video. That was probably too long-winded, but regardless, I'm doing what I can. I appreciate you guys watching the video. Do me a favor if you like the video. Hit the subscribe button, hit the bell so you get notified of videos like this. Share the video.

If you haven't watched the other videos, go watch the other videos from the beginning on this series. And I appreciate you guys checking it out. See you. Thank you.