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Money Rehab with Nicole Lapin

Confession$ of a Counterfeiter

Money Rehab with Nicole Lapin

Money News Network

Business, Education, Self-improvement

4.61.7K Ratings

🗓️ 29 May 2024

⏱️ 26 minutes

🧾️ Download transcript

Summary

Arthur Williams Jr. went from living in the projects in Chicago to making money. Literally. Arthur was one of the most prolific counterfeiters in American history. Now, Arthur uses his gift for good. Arthur shares with Nicole the challenges that face people convicted of non-violent crimes when they transition to life after prison, and how he persevered— despite almost giving up. Plus, Arthur shares how he recreated the un-counterfeit-able $100 bill. Find Nicole's Money Rehab episode with Robert Rooks of REFORM Alliance on probation reform here: https://link.chtbl.com/ze3x_uSK Find the book on Arthur, The Art of Making Money: The Story of a Master Counterfeiter, here: https://www.amazon.com/Art-Making-Money-Master-Counterfeiter/dp/1592405576

Transcript

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0:00.0

When I'm not hosting this podcast, I am writing books, but it is really hard for me to write when I'm at home,

0:05.3

so I like to find remote cabins in the middle of nowhere to just hang out and write.

0:10.0

But I hate the idea of my house just sitting empty doing nothing but collecting dust and definitely not collecting checks.

0:16.6

And that's why I'm an Airbnb host. It's one of my all-time favorite side hustles.

0:21.0

Other popular side hustles are awesome too, don't get me wrong, but they often involve big startup costs. By hosting your space, you're monetizing what you already have access to. It doesn't get easier than that. And if you're new to the side hustle game and you're anxious about getting started,

0:34.3

don't worry because you're not in this alone. Airbnb makes it super easy to host. I mean if I could do it, you could do it.

0:40.6

And your home might be worth a lot more than you think.

0:42.8

Find out how much at Airbnb.com.

0:44.8

host.

0:47.0

I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand. It's time for some

0:54.3

many rehab. Today we have a story that sounds like your next favorite true crime series on

1:05.0

Netflix. It's about Arthur Williams Jr. Arthur went from living in the projects

1:09.6

in Chicago to making money, literally making money.

1:13.7

Arthur was one of the most prolific counterfeiters in US history, so prolific in fact that he lost

1:19.2

count of just how much money he printed.

1:22.0

Now don't get me wrong, it's pretty fascinating to hear

1:24.4

about how Arthur perfected what was then called the uncounterfeitable bill, but Arthur's story

1:30.5

goes much deeper. After going to prison a handful of times,

1:34.1

Arthur started using his gift for good.

1:36.4

He is now a critically acclaimed artist

1:38.9

creating art inspired by money.

1:41.0

It is so super cool and perfectly legal. I'm actually getting one of his pieces for the studio and I am stoked.

...

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