A Note from James:Yesterday, we talked all about how James Brandolino started a hedge fund, which was a fraud upon the scheme, all the illegal activity, and how he went from civil to criminal.  You could go back and listen to that, but also, dive into some of the details here. But most of all, this one starts with James Brandolino going to jail and what happened afterward.  Episode Description:Today, we conclude our interview with James Brandolino, a former hedge fund manager who turned himself in after running a fraudulent fund. Part Two begins with Brandolino's decision to face the consequences of his actions, including his incarceration and the aftermath of his fraud. He discusses his initial attempts to die by suicide, the moment of turning himself in, and the support he received from his family despite their being victims of his scheme. Brandolino talks about the challenges in maintaining a facade, the mechanics of creating fake audits, and how he was never caught by investors, despite many opportunities. The discussion also touches on the financial crisis of 2008, providing insights into how Brandolino could have used the situation to cover up his fraud. Brandolino shares the methodology of deceiving both savvy investors and due diligence processes, culminating in his realization of the wrongness of his actions, his time in prison, and his current efforts to prevent investment fraud. The interview explores the complexities of financial fraud from the perspective of someone who lived through it, offering unique insights into the signs of fraudulent activities and the psychological burden of committing fraud. Episode Summary:00:00 The Start of James Brandolino's Downfall01:16 The Emotional Toll and Decision to Turn Himself In03:43 The Complexity of Investor Trust and Fraudulent Audits13:25 Navigating Federal Prison: A New Reality21:21 The Journey of Rehabilitation and Reflection27:15 Unveiling the Complex World of Hedge Fund Audits27:47 The Intricacies of Financial Statements and Audits29:11 Real-World Examples of Financial Manipulation29:47 The Critical Role of Auditors in Detecting Fraud32:10 Navigating the Challenges of Hedge Fund Investments38:51 From Fraudster to Fraud Investigator: A Personal Journey45:18 The Importance of Due Diligence in Investment50:33 Life After Fraud: Redemption and New Beginnings  ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.