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All-In with Chamath, Jason, Sacks & Friedberg

Massive Somali Fraud in Minnesota with Nick Shirley, California Asset Seizure, $20B Groq-Nvidia Deal

All-In with Chamath, Jason, Sacks & Friedberg

All-In Podcast, LLC

Entrepreneurship, Technology, Business

4.27.1K Ratings

🗓️ 31 December 2025

⏱️ 103 minutes

🧾️ Download transcript

Summary

(0:00) Bestie intros! Nick Shirley joins the show to discuss his recent investigation on potential daycare fraud in Minnesota

(3:32) Nick's background, how he got into investigative reporting and YouTube, independence, finding this story

(16:36) Why this fraud story is resonating, why the national press initially avoided it

(30:08) Future plans, California, possible Al-Shabaab connection, how high up does Minnesota's fraud go?

(49:15) What the scale of fraud means for America, Minnesota's future, potential patronage scheme

(1:09:06) CA's wealth tax: normalizing the seizure of private property

(1:33:56) Chamath breaks down the $20B Groq-Nvidia deal

Follow Nick Shirley:

https://x.com/nickshirleyy

Follow the besties:

https://x.com/chamath

https://x.com/Jason

https://x.com/DavidSacks

https://x.com/friedberg

Follow on X:

https://x.com/theallinpod

Follow on Instagram:

https://www.instagram.com/theallinpod

Follow on TikTok:

https://www.tiktok.com/@theallinpod

Follow on LinkedIn:

https://www.linkedin.com/company/allinpod

Intro Music Credit:

https://rb.gy/tppkzl

https://x.com/yung_spielburg

Intro Video Credit:

https://x.com/TheZachEffect

Referenced in the show:

https://x.com/nickshirleyy/status/2004642794862961123

https://www.startribune.com/prosecutors-charge-5-people-in-a-minnesota-housing-fraud-scheme/601548944

https://www.nytimes.com/2025/11/29/us/fraud-minnesota-somali.html

https://www.fox9.com/news/fraud-minnesota-detailing-nearly-1-billion-schemes

https://x.com/EricLDaugh/status/2005410646603473256

https://x.com/kevinkileyca/status/2006053056660541840

https://x.com/chamath/status/2006087862492582084

https://x.com/C_3C_3/status/2005722313795440956

https://x.com/OliLondonTV/status/2005988021946999166

https://x.com/tomhennessey69/status/2005556784228909441

https://x.com/WallStreetApes/status/2005849513676923358

https://x.com/MarioNawfal/status/2005179409465299219

https://dcyf.mn.gov/programs-directory/child-care-assistance-program

https://x.com/susancrabtree/status/2006079778873565541

https://x.com/chamath/status/2005386348169953607

https://x.com/aaronburnett/status/2003874734661161064

https://newsletter.amuseonx.com/p/the-somali-patronage-system-has-taken

https://x.com/realdailywire/status/2006122428196442388

https://x.com/rightanglenews/status/2006375449404866720

https://www.auditor.ca.gov/reports/2025-601/

Transcript

Click on a timestamp to play from that location

0:00.0

All right, we have a massive show for you today, besties.

0:03.4

But it's not going to be our prediction show.

0:06.2

We thought we were doing predictions, end of the year.

0:08.0

But we had so many amazing stories to cover in the news that we're going to do predictions next week.

0:13.4

The first story is we have investigative journalist Nick Shirley on.

0:17.9

He has uncovered in a breaking 42-minute video that went viral, $110 million in

0:25.1

potential fraud in Minnesota.

0:26.3

It's part of $9 billion in overall fraud, and we've got him on the show here exclusively.

0:31.1

This video, apparently perhaps prompted responses from Cash Patel and DHS Secretary

0:37.2

Christy Noem, who have sent

0:39.6

agents in to inspect these facilities.

0:42.0

Here's some sort of important contacts.

0:44.7

These entitlement frauds in Minnesota have been going on for over 10 years.

0:49.3

It's a 13, 14-year-old story.

0:50.9

It's started by an investigative reporter named Jeff Baylon launched his first

0:56.2

investigation into this in February of 2013 at Fox 9 News, local investigative journalists.

1:03.0

And after that expose, charges were brought in 2014 against a Somali woman and her husband.

1:09.0

They skip bail out. they never faced trial.

1:14.1

Here's a 45-second clip from 2016 from Baylon.

1:18.8

Ali is facing numerous counts of theft by swindle and racketeering.

1:23.9

She ran a daycare business and home health care company that catered to low-income families.

1:33.3

But former employees told the Fox 9 investigators back in 2013 that it was really part of a scam to collect millions in public subsidies. When I saw the bank account for the business, there were large cath withdrawals on a continuous basis.

...

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