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Money Rehab with Nicole Lapin

The Real Story of the Notorious "Bling Ring"

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.61.7K Ratings

🗓️ 5 September 2023

⏱️ 48 minutes

🧾️ Download transcript

Summary

Originally aired 6/10/22 In the early 2000s, a group of teenagers collectively known as "The Bling Ring" reportedly stole over $3 million dollar’s worth of possessions from celebrities like Orlando Bloom, Paris Hilton, Rachel Bilson, Megan Fox, Lindsay Lohan and more. Over a decade later, a viral Vanity Fair article and a subsequent film still control the narrative of this story— not the people involved. If you watched the film, you might think that Alexis Haines (née Neiers) was the ringleader of the Bling Ring. So it might surprise you to learn that she was actually only at one of the break-ins, and at the time, she was addicted to heroin and dealing with the aftermath of abuse. Alexis will be the first one to tell you that stealing is always wrong. Full stop. But so long as her story is still being told in the media, she should be the one to tell it.  Alexis tells Nicole and Morgan her side of The Bling Ring story, her tips on manifesting money, the financial and emotional cost of reality TV, the latest on her divorce, the silver linings of her recovery journey, and everything in-between. To learn more about Alexis and to listen to her podcast Recovering from Reality, check out this link: https://www.recoveringfromreality.com/  Want to start investing, but don't know where to begin? Go to moneyassistant.com and meet Magnifi, your AI money assistant, designed to help you make a plan for your financial goals. Want one-on-one money coaching from Nicole? Book a meeting with her here: intro.co/moneynewsnetwork

Transcript

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0:00.0

Hey, guys, are you ready for some money rehab?

0:05.0

Wall Street has been completely upended by an unlikely player. Game stop.

0:09.0

Game and should I have a 401k?

0:12.0

But I don't do it.

0:13.0

No, I know.

0:15.0

I think the whole world revolves around you on your money.

0:19.0

Charge for wasting our time.

0:23.0

I will take a check.

0:26.0

You recognize her from anchoring on CNN, CNBC, and Bloomberg.

0:31.0

The only financial expert you don't need a dictionary to understand.

0:36.0

The cold lap in.

0:37.0

The bling ring was the name given to a group of teenagers that in the early 2000s

0:42.0

broke into celebrity's houses and stole valuables.

0:45.0

The group stole over $3 million worth of possessions from celebrities like Orlando Bloom,

0:51.0

Paris Hilton, Rachel Bilson, Megan Fox, Lindsey Lohan, and more.

0:56.0

Is it all coming back to you?

0:58.0

If not, absolutely no shade.

1:00.0

I actually missed this, too.

1:02.0

I was so immersed in my work at CNN at the time that ironically I had no time

1:06.0

for headlines other than the ones I was reporting on.

1:09.0

But in retrospect, I'm pretty surprised that this one wasn't on my radar.

1:13.0

A group of teenagers stealing from Hollywood's biggest stars?

...

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