Barry Minkow - A Journey from Fraud to Fraud Fighter

Cleared Hot

Society & Culture

4.9 • 11K Ratings

🗓️ 15 April 2024

⏱️ 119 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Barry Minkow starting ZZZZ Best Carpet Cleaning in his parent's garage at 16, quickly rising to fame as one of America's youngest self-made millionaires. But, beneath the success was a massive Ponzi scheme with links to the mob, leading to his conviction and first prison sentence. After serving time, he made a pivot to ministry and community service, only to fall from grace once again, this time being convicted on charges of insider trading and tax fraud. In total, he served 15 years.

After serving his sentence Barry has emerged with a new mission, fraud detection. He has since helped the government proactively identify 13 cases of financial fraud totalling over 1 billion in victim impact. Tune in as Barry shares insights into his life of highs and lows, the lessons he’s learned, and how he's navigating the path of redemption.

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Transcript

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0:00.0	Ladies and gentlemen what the hell happens to be up today's episode take a wild guess that's right it's brought to you by black rifle coffee let's go straight over their website right now
0:11.2	I'm seeing the u.S.C.
0:13.0	Bander. Now, U.S. 300 just happened.
0:15.6	I'm recording this the day before I go.
0:17.1	This is going to come out the day after I get back.
0:19.1	But U.S.C. and Black Rifle Coffee, a partnered Black Rifle Coffee have partnered
0:23.0	Black Rifle Coffee is the official
0:24.5	coffee of U.S.C. and it looks like you can build your own bundle
0:26.9	with a free gift with the purchase of two coffees,
0:29.9	or you can use the code UFC 300
0:31.8	for 30% off the first month in the coffee club.
0:34.5	What else do we have?
0:35.8	The sliding banner left and right or sliding bar I should say with all of their
0:39.2	roasts, apparel gear, coffee bundles, coffee samples, and their best sellers.
0:45.2	These right down here, these company logo diner mugs,
0:47.6	these things are legit.
0:49.1	I also have one of these grenade bugs.
0:50.4	It holds about two cups of coffee,
0:52.2	which is absolutely perfect.
0:55.0	And that's it on the business side of the house.
0:57.8	My guest today, Barry Minkel.
1:00.8	Before I get into it, last week's episode was about somebody who was at the top and then found
	...

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