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Fraud Week: How Crypto Convict Made Millions Before Getting Caught, with Ray Trapani & Jonny B Good
On this episode of "Fraud Week," Megyn Kelly is joined by Ray Trapani, whose story was told in the Netflix doc "Bitconned," and his "Creating a Con" podcast co-host and friend Jonny B Good. They discuss Trapani's life growing up, the challenges he faced, his early life of crime, how he scammed pharmacies, exposing the flaws in the system, the "bold" fraud that brought in millions before anyone caught on, the logistics of crypto, the way a crypto journalist mistakenly validated Trapani's company, how much fraud exists in the crypto universe, the "fake CEO" installed as the head of Ray Trapani's crypto company who they found by googling "old white man," the way they ultimately "killed" him off, how the South Koreans resurrected the crypto con, how the company eventually imploded, how Trapani turned his life around and got married and had kids, and more.
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