0:00 and they talk about how global warming is gonna like flood the whole entire world and I'm like then why do you have beach front properties if you're worried about that's why they're worried about it because they have beef they got skin in the game don't flood my property guys come on we gotta take care of this planet [Music] all right so there's a dude in Fresno California his name is Ray Brewer 66 years old of Porterville was recently sentenced to six years and nine months in federal prison years-long scam that basically conned investors out of 8.75 million dollars on a scheme that was basically uh well he claimed to be building an anaerobic digesters at dairies in California type ████ where Farm scam yeah it's it's a good scam
0:51 that's what I was like what kind of country bumpkin and Fresnos doing a sophisticated scam because it's not quite Wall Street he's basically taking manure account manure and turning into like green conservative energy type ████ oh so he's an environmental scam it feels so much easier to scam people when it's about green stuff oh yeah it has such a guilt attached or like Place through the heartstrings like social responsibility like we're supposed to be moving into that direction in general right now isn't it funny how all the climate change people ride private jets and like burn a lot of ████ fuel but at the same time they have beachfront properties and they talk about how global warming is gonna like flood the whole entire world and I'm like then why do you have beach properties if you're worried about that's why they're worried about it because they have beaches
1:46 so anaerobic digesters quote use microorganisms to break down biodegradable material and turn it into methane that can be sold and that also provide the producers with renewable energy credits for producing green energy so investors were basically um were told that they would turn cow manure into methane and they would receive 66 percent of net profits and tax incentives for being a part of it and stuff like that dang they're making fart gas but the crazy thing about this or why I found this interesting is because of like sticking to your lie and then constantly doubling down on it to just continue to get more money he would take investors on tours of dairies where he allegedly planned to build the digesters and claim to have raised millions of dollars for the work he sent them forged lease agreements with dairy owners faked loan agreements with banks phony contrast with multinational companies and bogus pictures of machines
2:36 under construction damn he was full Gypsy about it this guy's good he's like really the whole ████ you know that's a sophisticated scam so when he went to the dairy farm he just probably booked a tour and the guys are just like he's here like every week he must love scary ████ right and then he's like showing investors around like this is my this is my place he must be really good at Photoshop too he's like look it's under construction but he got AI going he's taking investors money putting into several different bank accounts he spent it on himself buying up land a custom home new Dodge Ram pickup trucks blah blah blah he also kept his investors up to date on the non-existing construction now I like him so he may fix schedules fake invoices power generation reports and pictures like he constantly was that's crazy he's doing the the due diligence he might as well have started
3:26 the business yeah how much of this do you think was a scam and how much of this do you think he was trying to actually make it happen but it wasn't happening oh you know so it's like yeah yeah was his intent so you know how some people you know bite off more than they can chew right yeah and I've seen that happen like firefest yeah yeah seriously I'm sure they didn't intend for it to be a scan from the start but they couldn't execute and they had Big Dreams and I'm like how much of this was was that well that would mean that at a very early point he realized he couldn't make it you think he had good intentions but bad execution I think he had great execution oh and horrible intentions
4:16 yeah and that's why he was charged he wouldn't have spent it on himself yeah if that was the case and plus if he never invented the product that's the first stage yeah because did you guys see the polka King uh uh oh Jack Black yeah yeah yeah and that's a based on a real story of a guy doing a Ponzi scheme on accident wow yeah because he he was just a he was like a polka teacher with like a ████ rush like a what do you call it those Russian doll stores it was like a useless ████ trinket store and he created a Ponzi scheme out of that what about that one uh chick with the crazy blue eyes the biotech company yeah like she made a giant like almost like billion dollar company right yeah she was that like fake from the start just to get investors on board I think it was
5:07 I think that was like a Bernie Madoff style scheme that's the one that also became a documentary right yeah yeah yeah ████ Ponzi Ponzi dude I think he just I think when you learn about how well Ponzi schemes work it's like we gotta try it how do you resist doing it yeah what are like the telltale signs of a Ponzi scheme like what I think you first need to be a heavy sociopath oh ████ that's a yeah Telltale sign for sure I think you need to have like that feeling of like No Remorse for what you're doing and depending on who you're going after it might not even have to be that sophisticated so like let's say for example my fake product is this new filter that you put on the back of exhaust pipe right I don't even have to make it I just have an image of it and if I start going to door door to door during like midday at 10 A.M going after Grandma's I'm like hey I've invented
5:57 this new product it's going to help you know uh carbon emissions and all that stuff selling I don't need you to buy this but we just need people to invest are you down to invest and if I just go and it's going to change the world because like there's already so many carbon emissions that are ████ up the environment and our local town has faced you know what I mean you're the best man you can double your Investments 30 days yeah and you give me a thousand dollars now and then I'll go up I'll pay you 100 bucks so you just keep cycling this person's money goes to this person then I get new person's money to go to this person you can and because the demographic is not someone that's going to scrutinize you can't build a giant thing yeah so the reason why Ponzi schemes do work though is because the first batch of people get paid so like let's say you pay me a thousand trust and then I give you a return of like 500 hundred bucks and you're like what the hell this is crazy right and then so I'm like Brian you gotta ████ jump on
6:47 this thing this thing is crazy dude and then you trust me and then so you you jump in you do it right and then let's say like you got paid 500 bucks on your Thursday so we're both going to Anthony but we both got this ████ dude this is ████ working maybe the first round of people actually get money on top of their investment so that really start selling it yeah that's why they work is because they get paid but they they're getting paid because you're paying me and I'm just giving that money to them yeah and that's what he was doing so he was referring uh refunding money to some investors using money obtained from other investors classic Ponzi move yeah Super Pawn you know what's crazy too I'm sure the rationale like when you look at legit things like the homeless industrial complex and see how big of a scam that is it probably doesn't make you feel bad for what you're doing no because you're basically like you're
7:37 seeing it work in government yeah and then you're like what the ████ like I might as well be doing that yeah at a private level yeah they're doing the same exact ████ but they're the government so they're the good guys all of a sudden yeah yeah yeah I have a neighbor that's actually in the homeless business what the business I mean the homeless uh industrial complex so yeah no industrial complex but he works for the homeless division what is it what does he do so he makes sure people get the whole you know you sign register and then you could go into the homeless housings because I only knew because I only asked him what the ████ do you do because you're driving around in a convertible gold BMW in an apartment so I was like hey my man um what do you do and he just goes oh I work for the homeless business and I'm like there's a business around a business M6 oh my God please like but I don't
8:27 really have a home oh ████ I know you know I'll just straight up honest with them like hey so what are you guys actually doing for the bombs like I love how you word it what are you doing for these Shacks of ████ he's garbage ████ and he just said oh you know we make sure they get housing and stuff but I was like they don't want housings though it's like yeah I know but it's just part of the government if we don't have this division then half the people won't even have a job and I won't even have my M6 right so this is the only way we got you know so if we don't do this how are we gonna spend the money that people donate to this area right no it's a hundred percent I'm not lying why do you think people get so emotional and angry when like you
9:17 question certain things or you clearly see that there's corruption going on and then they go you don't want to ████ help homeless people I think they're naive I mean people have good attention for me I'm like I'm like said it pulls on the heartstrings right yeah yeah environmentalism homeless problem all these things it does pull on the heartstrings but then a lot of them aren't executed well because no one bothers to look at how these things are implemented all they do is go yeah let's help them I'll I'll pledge this much money I'll do it whatever right and they never look into how the problem is solved yeah and then when you question it they go oh so you're against this ████ you hate homeless you hate them don't you I do hate them yeah
10:07 I gotta go but you do you guys know why like they do that like I don't know I think it's really programming I think I think the actual part of the industrial complex is creating people that feel that way so they fight against I think that's a part of the program like if you were in charge of a group or an association that got rich off of homeless people you have to create people that get mad for you or else it doesn't work I mean it's a billion dollar industry right so like why would someone want to stop and end homelessness If it creates billions of dollars in jobs and that's why it keeps growing it's making people richest the homeless population it keeps like I think what was it through the pandemic it increased by like 60 000 people or something so if it keeps growing and if we keep throwing money at
10:57 it it shouldn't go down the other way but it doesn't and the projected budget doubled yeah when care what's her name bass Karen bass yeah being married when she was uh running she said it would cost like almost half of what Caruso said it would cost under under a billion and then uh now that she's mayor she said it would cost like a billion or more we um we donated to a campaign this um so our our our lawyer who helped us get out of this ████ up contract he he has a really cool kind of Niche he helped a lot of um black musicians that got totally taken advantage of from the past like in the 60s 70s 80s all those Funk artists R B artists they had these really ████ up contracts from the music studios and he
11:48 basically got in any renegotiation he renegotiate got all their royalties back all that he worked he did that for rappers all that and then he helped us and social media other people who got um in really bad contracts in the very beginning that was his specialty and then um I guess his next passion was to help and solve the homeless issue and he goes something's not adding up here there's billions of dollars in California that we spend and we spend more and it doesn't get better so then I was like oh hell yeah like I grew up in La all my life I remember like there's always been a homeless problem in LA and they just keep pouring money into it and it just gets getting worse and I'm like shouldn't it get better so I was like okay well let let's you know put money into his campaign and see if we can solve this issue and then at the
12:39 end of it he didn't win he gave us our money back and he said this problem is so corrupt and so ████ up that I don't want to get any deeper into it wow like it was bought it was like now the guys that were threatened were it was reaching into his personal life and he was getting threatened somehow yeah and then he lost a campaign and he's all like ████ this he goes I want to do something good for my city and he's like it's it's something I don't want to get into yeah it's like it's like messing with big Tech this is like big homeless big homeless yeah you can't mess with that system but I mean Gary during covet San Francisco um they did some math and and they did put some money into this whole program to house them right and then what they ended up doing was creating these like 10 by 10 tents and then some someone did
13:30 the math and said this cost like five million dollars and it was like 20 tents in a parking lot they're like yeah how the hell did this cost five million dollars the beta they're still trying to figure it out they'll get they'll get it figured out money laundering I think so man that's why that's the best Ponzi scheme is something that makes you something that monetizes your guilt just like blood drives yeah that's the best way blood drives dude that's huge yeah you talked about that ████ it's all for profit I was like this is fun ████ call me every day send me emails what are you gonna donate some blood again and then when you need blood yeah what happens they ████ charge me per bag bro damn it [Music]
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