Beginning of the End - 5 Years of Exposing Leveraged Exchange Traded Product Fraud

In 2019, I took on Wall Street’s dirtiest secret and became an SEC Whistleblower—exposing Structured Product Fraud in Leveraged Exchange-Traded Funds (ETFs).

These products weren’t just bad investments… they were engineered to fail. But I didn’t just call them out—I reverse-engineered the fraud and figured out how to beat the market with lower risk—just like counting cards in blackjack.

My claim is simple:

Wall Street has deliberately embedded structural decay (LETPs) and structural underperformance (Covered Call ETFs for the public—while Beta, Alpha, and Tactical strategies are reserved for High Net Worth private products). They then pad these fraudulent products into High Net Worth discretionary accounts and, for public products, into the pension and retirement funds of publicly traded companies.

The Hypothesis:

If this is true, then LETPs—being public—can be modeled and traded against, much like counting cards. The greater the mathematical outperformance across all products, the stronger the proof of fraud. Even more obvious (in hindsight) and embarrassing—you can simply follow the scaled issuance a day late and end up a dollar richer.

The Evidence:

It starts with this video, followed by others that reveal:

How to track daily issuance/redemptions of these products to trade alongside the fraud.
The Man in the Mirror model, which exposes and exploits the fraud for the public’s benefit.
Public proof that Fortune 500 company asset managers are funneling retirement funds into these decaying assets—harming the most vulnerable and uninformed investors. I’ll let you dig into the conflicts of interest surrounding these individuals.
The Mathematical Proof:

((1(y) × 1.5 ) × 0.5) is less than 1(y)

Because this equation is mathematically true, it confirms my claims of fraud. (Yes, it’s that simple.)

If you don’t want to wait for more videos, my work—including most of my SEC whistleblower submissions—has already been published in my book: "Structured Fraud: How to Profit from Wall Street’s Insatiable Desire to Defraud Investors." https://a.co/d/4li57Ot

Watch: The End of the Beginning - Leveraged Exchange Traded Product Fraud
• Rob Bezdjian - SEC Whistleblower: Lev...

BOOK: STRUCTURED FRAUD https://a.co/d/7qxE0zs
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