Introducing Creating A Con: The Story of Bitconned | 1

Confronting

GLASS | Wondery

True Crime, Confronting, Colorado, Society & Culture, Documentary, Goldman, Kim Goldman, Oj Simpson, Confronting Columbine, Exhibit C, Confronting Oj, Amy Over, Rebels, Columbine, Oj, Kim

4.7 • 10.2K Ratings

🗓️ 5 April 2024

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

Meet Ray Trapani: a kid from New York who became one of the 21st Century’s most prolific con artists. In this sneak peek of Creating a Con: The Story of Bitconned, his best friend goes inside Ray’s mind to learn why he dreamed of being a criminal and how he had a knack for exploiting the exploitable. From a prescription pad hustle to cashing in on a glitch in a popular payment app, Ray’s small-time scams were the stepping stones to his biggest scam yet, Centra Tech.

At 26 years old, Ray Trapani and his two partners founded one of the hottest tech startups: Centra Tech. The company touted partnerships with some of the biggest banks, had the endorsements of DJ Khaled and Floyd Mayweather, and was fronted by a Harvard-educated CEO. Centra Tech was about to take over the world…until it didn’t.

Ray’s company was a giant lie built on empty promises, fake executives, and fraudulent contracts. All the while, Ray took millions of dollars from unsuspecting investors and was living the high life until it all came crashing down.

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Transcript

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0:00.0	I'm at the casino until roughly 4 a.m.
0:04.0	In the wee hours of the morning,
0:07.0	after all they've gone to bed.
0:12.0	I leave the casino I get home within 20 minutes I had an apartment that was close by
0:19.5	yes I go to myself think of things that you would say.
0:27.0	You know a regular night.
0:30.0	I go to bed.
0:32.0	Yeah, but I fall asleep. I go to bed. I get woken up to a loud pounding on the door.
0:37.0	It's either you're getting robbed, someone trying to knock down the door or the cops.
0:47.0	So I grab my gun right away to defend the house.
0:50.0	I always have a lot of cash in my safe. Then I hear...
0:55.0	FBI, open up!
0:58.0	I just put my gun down, I go open the door.
1:02.0	But when you looked at me and smiled.
1:08.0	Hands up.
1:09.0	That's when it all began.
1:13.0	That's when it all began. That's Ray.
1:14.0	He's a writer to the FBI right then and there.
1:17.0	If you ask me when we were kids where Ray would end up,
1:20.0	honestly, I would say right here, handcuffed in his Gucci shorts and Gucci slides,
1:26.8	flashing his newly minted veneers as the neighbors stood there gawking.
1:30.8	He was probably more worried about how pale and skinny he looked and less worried about the handcuffs on his wrists.
	...

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