0:00 [Music] Okay, this is some thing that just kind of came out right now, but it's just a pretty crazy story. There's a uh website called Mr. Man Cave, and they would sell like sports memorabilia and things that were like signed, like uh jerseys, plaques, rare cards, stuff like that. And uh I think they've been around maybe like 20 something years. They uh surpassed like $350 million in sales. >> Wow. >> And that's crazy. >> And then it turns out that the CEO or the the person that was the founder of it, his name is Brett Lemieux, and he uh police got a search warrant to like check out their operation cuz it turns out that they were being accused of like faking a lot of that stuff.
0:50 >> Oh. >> Like signing. >> Yeah. >> So they were doing fraud. >> Yeah. like that a lot of stuff was kind of just like produced by them >> like a fake Michael Jordan poster or something. >> Damn. >> And uh and when the police got there uh the dude had already killed himself. >> What? >> Over a basketball card and he wrote he wrote a super long confession and posted it onto his Facebook for everyone to read. >> Wow. >> And so he wrote that and then he offed himself. >> Yeah. >> Wow. >> Can we read it? >> It's It's super long. >> Oh, it's too long. Yeah. >> Can we just copy and paste it to chat GBT and say summarize this >> or Ryan you can summarize? >> Yeah, I can tell you some things. But basically, he just he just he detailed their entire process and how they did everything. >> Why confession?
1:40 >> Joe's like, I'll never confess. >> He's basically tell everybody like what they did. Why? And uh and and I guess like originally he didn't want to keep doing it, but the money was too good. I mean, 300 million is kind of a lot of people do shady for way less. >> He said, and he even says that right when Kobe died, they put out 80,000 items >> into the marketplace. >> Wow. >> And then not only would they forge, they wouldn't just like he even um talked about the procedures. And I guess it's it's something called auto pen. He's like, "You can buy 150 auto pen on Amazon and have people overseas vectorize a signature and use Inkscape to auto pin." >> Genius. >> Yeah. Which I think replicates the signature. Exactly. So that >> cuz that's what uh they're saying Biden
2:31 did, right? Like half the bills he signed, he doesn't even know >> cuz that thing is just signing itself. >> He just docu signed it. >> Yeah, pretty much. And um and yeah, I guess like other companies that are like his have always known for the longest time that this guy's doing that. They just couldn't like do anything about it. And they they didn't like it because obviously the volume in which he's putting stuff out is driving the price down of everything that that they sell because there's no way that you suddenly have 500,000s of of a thing that you know. >> Why didn't he just change his identity and ████ flee to Thailand or something? 300 million you'd be gone. >> I think he I think he just had guilt for So what does he do with all that money? Did he spend it all? Did he like you know >> cuz I'm wondering >> I don't know. >> It's like that sucks. Like now it's just going to sit in your bank account while you're dead like give it back to the
3:22 people that blew that you blew it on. I don't know. >> Also all the people he incriminated. >> Yeah. >> What are they doing now? They all just >> like the whole team. I guess also they were faking the authentication itself. So, like I I think it listed like eight different companies that would be able to like grade your stuff. >> Oh, and he's one of them or something? >> No, he was like he was forging their authentication. >> He's a forge king. >> Yeah, they were just doing all of it. >> Wow. >> And uh and they would create their own like it says they would make their own hologram cards. >> So like you know like the really rare uh stuff that they would just produce all of it. >> And uh >> this guy's sensitive. Like if I did a crime that's not like hurt anybody, like if he's not like raping kids or whatever, it's like, who gives a ████ dude? >> Just ████ say this ████ >> It's like a It's kind of like a
4:12 victimless crime. It's just ████ like, "Oh, I got ████ Shaniah Twain's pubic hairs. I paid like $200." >> It turns out they were his pubic hairs. >> I know. Okay, who cares? >> They're all drinking ████ bath water from Sydney Sweeney. Yeah. And then there it's actually his. It's like he's just selling sentimental value or whatever. >> Yeah. >> I think that's probably why he killed himself because he's actually not a criminal, but he accidentally fell into criminal ████ and then he's guilty. >> Like what did I do? >> Yeah, cuz a criminal be like this is like one of my side projects. It's kind of legit >> versus like cuz you got this or you're like el chapo like >> literally that's literally nothing, dude. >> Yeah, that would be me to be fair. I get guilt. You get guilt >> like crazy about like minor issues. >> She gets guilt off of things that's not
5:02 even illegal. >> You shouldn't be a criminal. Nope. >> So bad. >> I don't think she has the capacity to. >> No, I would be like I'm so sorry. >> I'm like, you're not even faking passports. You're ████ faking like nothing. That's nothing, dude. >> Dude, 350 million in sales. Just It's crazy to think that like like he says here that they um they they sold over 500,000 counterfeit Paniniti items. I don't know what panini items are. >> Oh, those are a brand of like cards like make basketball cards >> like upper deck cuz like >> 500,000 of those. >> What's crazy is like this is one store, right? So my buddy got into Pokemon cards and then he got into sports cards and he said the sport card world is like the market and the money is like >> quadruple times um Pokemon. >> No way. >> Yeah, because Pokemon's hot right now,
5:52 right? So you see like cards going out for like hella money. everyone's like trading it, but the uh sports cards thing, it's been going on for way longer and there's richer people involved. So like there's like guys now that are like in their 60s and 70s that they've been collecting since kids. So you have billionaires in the game. >> Like you have like really old school just rich people in the game that are like, "Oh, this is my childhood. I need it." So there's a bigger buyer market and then there's more like prestige in the cards and then like there's more value in the cards too. Like you'll have cards that are like six figures and whatever like hella expensive. I think there's even one that's like a million >> but like it's >> with Pokemon cards it's only like a certain few that are really expensive and then with sports cards there's more quantity, right?
6:43 >> And and for different sports and for like Yeah. But then like there's um cuz he was telling me how like to get an account and to be like a reput like a dealer there's like it's like a really hard get your foot in the door and then you have to guarantee that you can sell like a h 100,000 or some crazy amount. So it's like just to even get in it's like you have to buy all the crap cards first and then you can get the better cards. So the whole game in that is pretty wild. And when you go into these little card stores and these comic shops, like they look like like a little hole in the wall, right? But they be moving like a lot of money. So, I just didn't know how crazy the industry was. But it makes sense if you think about it. >> Did you know that a court order can force your VPN to hand over your traffic
7:35 log? >> Oh no, everyone's going to find out that I've been downloading MP3s. That's because most VPNs are not truly private at all. They can still see your browsing history, but not VP.NET. Their hardware physically separates your identity from your browsing history, which makes it impossible for them to log what you're doing. >> Mhm. So, for the truly private internet experience, sign up to vp.net/jk newsws. That's vp.n ne/jkns. That's right. And the link is in the description box below. You could just click it right there, baby. >> You know, it's kind of like Star Wars. You have all these like, you know, billionaires into, you know, geeking out
8:25 on that. They're going to spend hella money on the collectibles, right? >> Mhm. >> Yeah. >> There's definitely nerds and ████ that's willing to spend all their ████ salary on it. >> Yeah. >> There's um this one line he writes here in the confession. It's pretty cool. He says, "I was addicted. It was a rush. I wanted out, but the money was too good. I can make 100k in a week if I wanted to. >> The fact that not one dealer that knew what we were doing to the industry or when I took their exclusive, no one ever picked up a phone to confront me." That baffled me. I told multiple dealers, "I will ruin you and your exclusive." They knew better. So, I guess nobody stepped to him because he had power to take them out anyway. >> Wow. So he was just I think he was addicted to the power and then the fast money and then >> and he was probably an ████ like he's
9:15 saying here like he was probably like musling people out of >> Yeah. >> I guess like exposing him in a way. >> But you see that's the thing like imagine someone coming up to you I'll destroy you >> immediately. You sound like a ████ He says it right here that he says once the heat turns on, new company, same game, but make it better than the last that you got caught up. Every company made changes. We did too. They added security. We did too. There was nothing that couldn't be done. I sat on an autopen machine 8 hours a day perfecting signatures that would pass any COA. It even passed by own players during signings. We'd mix in items. What would you do if you could create any signature on any surface flawlessly and have the holograms to boot? I just couldn't stop. >> You will see a boom in bad autographs
10:05 with good stickers hitting the market like a firestorm. I sold over 2 million in just holograms to every avenue I could. >> So, he was wholesaling this ████ too so other people can like >> authenticate. Dude, he's going to ████ the market up >> that you thought you signed it to. >> Yeah. >> Is that good? Well, cuz some of these guys are going signing like >> thousands, right? So, they're like, "Oh, I signed that. I guess I did." >> Yeah. Yeah. Yeah. >> That's wild, man. If he's so good at like like he's so good at counterfeiting. >> I always thought like a racket that would be cool would be counterfeiting poker chips >> cuz then you could slowly assimilate them into the casinos and then cash out if you're good enough to make >> That's extremely hard cuz aren't they electronic? >> Yeah. I don't know what their security system. I'm sure it's crazy. >> I watched the whole documentary of guys
10:57 counterfeiting poker chips. It was pretty cool how they did it. >> Oh, I saw that too by off weight burning. >> They they just um well, they didn't fully counterfeit. What they did is they got the chips that are like $1 chips and then they changed it cuz the colors were similar to like a $100 chip. >> Oh. >> So they turned $1 chips into $100 chips and then they cashed it out. Yeah, >> his his guilt sounds pretty pretty crazy. He goes, "For years, collectors in the hobby have been very suspicious of Kobe Bryant, Tom Brady, and Mahomes autographed cards and paraphernia. For anyone that has paid top dollar for an autographed jersey, card, helmet, baseball, you name it, it sends a chill down my spine cuz you're like, "It could have been me." Yeah. >> Yep. >> But where there's money, man, and if you
11:47 can exploit it, there's going to be someone that exploits it. Like it's just so easy. Like unless Yeah. the authenticators can actually do a good job, but then they were compromised too. Like they're intimidated, right? >> Yeah. >> Damn. >> But is the value in the actual autograph or people thinking that it's the autograph? Cuz everything has the value you give it. >> Right. So like if people think it's real and there's no way of telling, you might know, okay, I bought the card from him. It's probably fake. But if they can't tell, does it it's still it might not be valuable emotionality if they have no awareness to it. >> If it passes the test, it's probably still worth the value. >> Like they could resell it. >> Yeah. Like emotionally, it might not have an effect on you anymore because it's not like been touched by your hero or whatever the emotional value is for people. But financially, >> you could probably just dump it back
12:38 into the market. >> Yeah. It's weird too because you know some things they authenticate by showing a photo of the person signing it >> but then like how do you know that's the same like >> even even with that they should do like like butthole DNA testing now for >> but >> yeah like like every jersey you need to damp your ████ with it >> and they can smell it. >> Oh that's probably Ryan >> damp your ass. >> That's good diet. Yeah. They could have a little lick patch on it where they just lick it so you can hold the DNA >> and then test the little DNA on a little lick patch. >> Or they could go back to doing NFTTS and how that was going to authenticate a lot of ████ >> Oh yeah, >> that would have been the smart contract part of it. >> We all knew NFTs was come on dog. Everyone's like NFT is the new shut your ass up, bro. >> Don't talk to me about NFT. >> I'm with you. >> Well, at least only Anthony and Steve
13:28 were the ones to lose a ton of money off that. Hey, it was the whole screenshot record. Come on. Everyone knew they were going to do that, >> dude. Get into >> That's what I thought, too. >> Come on. >> It's not even that. It was just the fact that like the fact that Anthony and Steve were buying dragon eggs that were virtual dragon eggs >> and it was going to hatch like >> for like what? For like 15k. >> Yeah, it was like it was five figures. Yeah. >> I thought I thought the idea was done from the start >> when they were like, "Oh, it's like >> it's going to hatch." They're like, "It's digital art, but imagine you really owned it." >> I'm like I was like, "Every time I screen cap something, I own it." >> Yeah, it's not tangible. >> I'm like, "What? What are you talking about?" I was like, "I maybe I don't get it, so I'm not going to invest in something I don't understand." >> Yeah, it was a nice try. >> It was a good try NFT, but Yeah. >> And they had a whole market. Remember, they even had like NFT players like you
14:18 could get like a a screen. >> You could play all your NFTs in your >> NBA Top Shot. >> Yeah. Like stuff like that. I'm like, "Play my NFTs in my living room. That looks corny as ████ What the heck? >> They made a ton of money selling virtual basketball cards and baseball cards. That was nuts, dude. >> If you're going to do it, >> no, not them, but the industry. >> No, nobody who who bought anything got anything really. >> The funny thing is like everything but like so like instead of getting just straight up into the sport, what interests me is sports betting. That makes me want to get into the sport more. >> Yeah. or like >> cards and the trading part, everything around it. >> Cuz I think the sport by itself, to me at least, is kind of boring. >> Unless it's like the final game or whatever, but even then, yeah, then yeah, >> I need some skin in the game to be
15:09 interested. >> But then when I bet, then I'm watching the fight or like I don't know. Yeah.
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