Introducing: Creating a Con: The Story of Bitconned

Ridiculous Crime

iHeartPodcasts

True Crime, Comedy, History

4.6 • 1.3K Ratings

🗓️ 5 April 2024

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Creating a Con is a true crime anthology podcast that goes inside the minds of the most prolific modern-day con artist. Their schemes may be new, but their tactics are tried and true. In Season One, you’ll meet Ray Trapani – a 26-year-old whose schemes targeted pharmacies and a payment app before he created his biggest con yet: a tech startup endorsed by DJ Khaled and Floyd Mayweather that was built on empty promises, fake executives, and millions of dollars from unsuspecting investors.

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Transcript

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0:00.0	In the summer of 2017, my best friend founded one of the hottest startups in the world.
0:06.3	I went from working construction hating my life.
0:08.8	To just making nine grand, ten grand, twelve grand grand, just living like a maniac.
0:14.1	His company instantly became a massive success.
0:17.7	He was the poster child of an emerging market.
0:20.5	Even the New York Times profiles of his company.
0:23.0	But here's the thing about my best friend Ray.
0:25.0	I always wanted to be a criminal.
0:28.0	If someone's like, oh, what's your best way of making money?
0:30.0	I might go, we should start some sort of scheme.
0:33.4	Ray had this crazy ability to find a loophole and turn it into millions.
0:38.1	He's like, this market's so untapped. We should definitely jump on this.
0:42.4	Anytime I see flaws in something like this, I have
0:46.1	to export I cannot help myself. My best friend found himself at the helm of a cutting edge
0:51.1	technology company. His business, Centratech, was going to the what this company could be.
1:03.2	They collected $30 million.
1:05.7	There were headlines about it.
1:07.3	Even some of the biggest celebrities jumped on board.
1:10.0	You really got DJ Callit and Floyd Manning Mayweather to endorse Centrata?
1:15.3	Wow. When something sounds too good to be true, chances are it is.
1:23.4	As just a regular person sitting on the outside,
1:25.9	it's hard to tell what's fact and fiction.
	...

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