Behind every great scam is a story.A convincing lie. An ambitious plan. Money changing hands. People willing to believe. And eventually, something that brings the whole thing crashing down.Scams, Fraud & Business Deception is a narrative podcast exploring the true stories behind extraordinary scams, financial frauds, corporate scandals, Ponzi schemes, fake entrepreneurs, deceptive business empires, and some of the most audacious cons in history.Each episode takes you inside a different case — from billion-dollar companies built on questionable claims to charismatic fraudsters who convinced investors, customers, and sometimes entire industries to trust them.But this podcast isn't only about what happened.It's about how the deception worked.How did they gain people's trust?Where did the money go?Why didn't anyone notice?Why did intelligent people believe them?And what finally caused everything to unravel?Follow the money. Examine the lies. Discover the psychology behind the deception.These are true stories of money, lies and greed.New episodes explore cases from business, finance, technology, cryptocurrency, startups, investing, internet culture, and history.
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Scams, Fraud & Business Deception is a true crime podcast hosted by Unknown Host, with 0 episodes on record and a Required Pod Score of 80. PitchCentric scores this show on Booking Probability, Listen Score, and live audience signals refreshed every 24 hours.
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Unknown Host hosts Scams, Fraud & Business Deception, a true crime show with 0 episodes published.
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Scams, Fraud & Business Deception
The Fifty Million Dollar Real Estate Empire Run From Prison
Aug 10, 20269 minS0
Wells Real Estate Investment appeared to offer something reassuring. Investors could buy promissory notes supposedly backed by valuable residential and commercial properties.<br /><br />But federal prosecutors said the real estate portfolio behind those notes was nowhere near what investors had been told. Tens of millions of dollars instead moved into speculative stock trading, commissions, personal expenses, and payments to earlier investors.<br /><br />The most remarkable part was that one of the people directing the operation continued doing so while serving a federal prison sentence for an unrelated fraud case.
The Four Hundred Million Dollar Crypto Empire Built on Luxury and Lies
Aug 10, 202613 minS0
Christopher Delgado presented Goliath Ventures as a sophisticated cryptocurrency investment operation. Investors were told their money would enter cryptocurrency liquidity pools capable of generating consistent monthly returns.<br /><br />The company reinforced that story with professional marketing, personal referrals, charitable sponsorships, luxury events, and actual payments to some investors. But federal prosecutors said the money was primarily being used to pay earlier investors, return principal to people who wanted out, finance extravagant company events, and support luxury lifestyles.<br /><br />By the time Delgado pleaded guilty, federal authorities had identified at least four hundred million dollars paid into Goliath by...
The Skincare CEO Who Sold Unapproved Products as If the Rules Did Not Apply
Aug 10, 202614 minS0
Bryce Cleveland built Scalpa around products designed to change the appearance and structure of the human body. To customers and distributors, the company presented itself as part of a modern beauty industry where injectables and cosmetic devices could be sold with the language of innovation and convenience.<br /><br />But federal prosecutors said Cleveland marketed and distributed unapproved devices and drugs while falsely claiming that some of those products were not subject to regulation by the United States Food and Drug Administration. The products included hyaluronic acid devices and a botulinum toxin product called Scalpatox.<br /><br />The deception was...
The Fake Billionaire CEO Behind a 66 Million Dollar Steel Fraud
Aug 8, 202612 minS0
Derek Wachob appeared to have built the kind of success that was difficult to question. He ran a major steel pipe manufacturer in Oklahoma and presented himself as a billionaire with the wealth and lifestyle to prove it.<br /><br />But prosecutors said that behind the private jets, helicopters, yachts, expensive cars, and vacation homes was a business struggling financially and drowning in debt. Wachob eventually admitted using false business opportunities involving future steel purchases to obtain millions of dollars from investors, financial institutions, steel distributors, and even some of his closest friends.<br /><br />The most important question was...
The Fake Trading Algorithm That Promised 12 Percent Every Month
Aug 8, 202612 minS0
Matthew Melton presented investors with what sounded like a sophisticated financial opportunity. His investment vehicle, Price Physics, was supposedly powered by a proprietary trading algorithm capable of generating extraordinary and remarkably consistent returns.<br /><br />But federal prosecutors said the algorithm did not exist. Instead of investing most of the money as promised, Melton used investor funds for personal expenses and payments to earlier investors. When a criminal investigation began closing in, he left the United States and remained outside the country for years.<br /><br />Price Physics looked like a modern technology driven investment strategy, but underneath it was...
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