4.8 • 7.2K Ratings
🗓️ 24 September 2025
⏱️ 70 minutes
🧾️ Download transcript
A trusted advisor. Years of history. Then the gut punch of a fraud that traces through Raj Markan, Merrill Lynch, Hilltop Securities, and a pitch invoking Bain Capital. In this follow up, Chalene Johnson lays out new receipts, what the FBI and SEC have already done, and how the scheme used off-channel communications to look legitimate. You will hear how victims were paid off, which red flags were missed, and the exact steps listeners can use to protect their money. If you have information or direct experience with Raj Markan, Merrill Lynch, Hilltop Securities, or Bain Capital, email [email protected]
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| 0:00.0 | We wanted to be protected. |
| 0:06.4 | We wanted our money to make us money. |
| 0:09.4 | And people who are wiser than us advised us to get a financial advisor. |
| 0:14.6 | Our accountant, in fact, suggested a gentleman by the name of Raj Markin. |
| 0:25.0 | He normally only takes high net worth individuals, but I've told them about you too, and he's willing to meet with you. |
| 0:34.8 | I mean, look what this dude is done for our portfolio. We had amazing success, but also |
| 0:41.0 | wise. Like just our relationship with him was really solid. He'd helped us get loans. He had, |
| 0:47.6 | I mean, he was always available. Like the second you text him, you immediately got a text message. |
| 0:51.3 | Like within seconds, you would get a text message back. He was like super responsible, cordial, and just always seemed to be doing things by the book. We had absolutely |
| 0:59.1 | zero reason not to trust him. So with all this information, our friend, although a little bit nervous, |
| 1:10.0 | gives her her full settlement. |
| 1:14.0 | Along the way, other friends, like I mentioned, would reach out to us and say, like, hey, do you know, do you have someone you would recommend? |
| 1:20.0 | And, of course, like, we've got a great track record with him. |
| 1:23.8 | Now, we're talking at this point. |
| 1:25.2 | It'd been like 18 years of investing with him. |
| 1:29.8 | One of my very best friends, she and her husband, had been working like hell to get themselves |
| 1:36.9 | out of a tough financial situation. Their kids are about to leave the nest. Now is the time that they could sell their home and they could take the equity. |
| 1:49.0 | They've been hearing from us about our investments and how we've managed things. |
| 1:53.5 | And so they're like, do you think your friend, your advisor, would take us on as clients? |
| 2:02.6 | We get a phone call from the couple. |
| 2:04.6 | Something's real weird with Raj. |
| 2:08.6 | And I could just tell by the way that he was breathing |
... |
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