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Locked In with Ian Bick

Former Inmate Reveals How She Ran A Prison Bakery To Make Money | Lonett Williams

Locked In with Ian Bick

Ian Bick

Society & Culture

4.8743 Ratings

🗓️ 9 November 2023

⏱️ 72 minutes

🧾️ Download transcript

Summary

Lonett Williams from BET's American Gangster Trap Queen Series shares how she went from successful real estate mogul to federal prison inmate for 10 years after the 2008 market crash. We get an inside look of her fraud, how she managed to survive prison for nearly a decade and what life is like for her now. Follow Ian Bick on Instagram: @ian_bick & Snapchat: ianbick Connect with Lonett Williams: IG: https://www.instagram.com/lonettwilliams/?hl=en YouTube: https://www.youtube.com/@UCkUNaEb3evROeRVtcuCvKcA Buy Merch: https://lockedinbrand.com Use code lockedin at checkout to get 20% off your order Connect with Ian Bick: https://www.ianbick.com Chapters: 00:00:00 - From Sweet Shop to Prison Entrepreneur 00:02:10 - Childhood Memories and Generational Trauma 00:04:25 - Overcoming Adversity 00:06:34 - Forming Relationships in Prison 00:08:41 - From College to Motherhood 00:11:04 - From Entrepreneurship to Fraud 00:13:21 - Making Hard Choices as an Entrepreneur 00:15:42 - The Stress of Success 00:17:53 - From Loan Officer to Real Estate Investor 00:20:13 - The Market Crash and its Impact 00:22:33 - A Slide into Gray Area 00:24:56 - The Desperate Decision 00:27:17 - Forging Documents and the Criminal Justice System 00:29:18 - Forging Documents and the Consequences 00:31:37 - The Arrest of My Son for Mortgage Fraud 00:34:17 - The Devastating Time of My Life 00:36:50 - Devastating Legal Consequences 00:39:14 - 10 Years in Prison for Forged Documents 00:41:42 - Handcuffs and Shackles 00:44:11 - The Humanity of Incarcerated Individuals 00:46:36 - Conversations with Interesting People, Part 1 00:48:59 - Regret and Reflection 00:51:16 - Prison Life at Danbury 00:53:38 - Chicken Day in Prison 00:55:43 - Making Delicious Banana Pudding in Prison 00:58:06 - Challenges after Incarceration 01:00:25 - Overcoming Challenges After Prison 01:02:50 - Empowering Trauma-impacted Women 01:05:32 - Debt and Probation System 01:07:44 - Finding Purpose in Life 00:01:10 - Ian's Appearance on the Podcast Produced by: https://www.instagram.com/shanedanahy https://www.shanedanahy.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Ah, Benny's parents, thanks for coming.

0:02.3

Hiya.

0:02.9

So, Benny has really blossomed this term. You're telling me, he outgrew his bike. We sold it, on eBay. Oh, that's not quite what I meant. It's free to sell on there. Free to sell? Easy too. Sold Benny's bike, your guitar, my jacket. You sold my guitar? Shall we talk about Benny?

0:22.1

When it's this easy to sell for free, you can't help but say when it's eBay.

0:26.7

Things people love.

0:28.0

T's and Cs Apply, Excludes vehicles.

0:30.1

I used to have a sweet shop in...

0:32.5

Wait, you ran a sweet shop in prison?

0:35.4

Come on, once a hustler.

0:36.7

Always going to be able to.

0:38.0

How did you hustle?

0:38.8

Yeah.

0:38.8

Entrepreneur, right?

0:39.9

Banana pudding.

0:41.1

I made the banana pudding taste exactly the way I made it at home.

0:44.7

One of the cups was $2.50 and the other cup was $3.50.

0:49.1

These girls would come by and just grab like two or three.

0:52.7

I just have commissary out of the wazoo.

0:57.5

On today's episode, we have Lynette Williams from BET's American Gangster Trap Queen

1:03.2

series to share her story of building a real estate empire, turning it into a fraud after the

1:08.8

2008 market crash and spending 10 years in federal prison.

1:13.8

Listen up, everyone. Remember to grab your official locked-in gear just in time for the holiday season.

...

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