Spencer sold out. Once he joined the same network as Meet Kevin, Graham Stephan and Andre Jikh, he promoted the FTX scam, covers for his friends scams and now actively promotes fake gurus. Sad!
Hi can you elaborate with what you mean by network? Thanks, just interested as I thought Spencer was credible until I saw the gambling one, and then I became skeptical
@@derika3624 Spencer is part of a multi channel network that features the creators I just mentioned. I believe part of his contract is that he can't criticize anyone on the network. Scott Schafer covered this I believe.
Nothing says “fact-finding” like a fully produced Cribs style intro where your cameramen are already inside the subject’s house to film your introduction
@@BalotelliFan713 Yeah. The guy claimed to own like 100+ pharmacies and Spencer didn't even push back on it at all. There were even pharmacists in his comment section telling him how it's not even possible for a random person to open one.
They disagreed a while ago when the whole FTX thing was going off. Spencer was friends with all the guys that promoted that FTX stuff and he defended them while Coffee (Andrew) said they should be held liable. But Spencer has a habit of burning friendships and ever since he got a little more successful he has gotten worse about it. Graham and Spencer had a rift and he had one with Meet Kevin and Graham and Kevin had a rift and Spencer then took Kevin's side against Graham and it if it wasn't for Graham, he wouldn't have been a part of that clique anyways. Spencer has burned some people but he claims he is initially skeptical and wants to represent the 'truth' but he also doesn't want to be questioned himself about his integrity or his findings.
The Mikki Mase use of the win/loss statements was hilarious because they're easy to fake. The TD Ameritrade/Thinkorswim profit/loss is harder to game (he basically needs multiple accounts and makes different bets in the accounts until one of them shows the profits he shows in the account). Spencer is clearly shilling for these scammers.
@@aire111I have worked for a it consultancy / system integrator 20-25 years ago and we faked a prototype of an applöication at a customer project to the steering committee using Powerpoint (I left that company briefly after that). So someone showing a screen or two that is supposedly inside some application ,,, not proving anything. Install that application on my laptop (should be easy enough as the trading / depot app would probably be provided from the broker) login and do something I ask you to like change the configuration for the screen layout and lets see that statement again, or execute a specific trade and show the position on the account / depot detail view, contact customer service from the app or similar. You can blurr all details that should be kept private in post. It is not beyond a fraud like that to fake this stuff when he sets that up. If you just make them go off script, that is a lot harder to do and would make it oborderline believable he is now actually doing something related to trading rather than manipulating his social media image and parading male body builders in the backyard of his rental place for an interview ...
If this kid turned 20k in to 2 million after interning on Wall Street. That firm would try their hardest to keep you on board. They wouldn't say good luck buddy, have a good life.
Exactly, trading firms give their top money makers the best conditions/commission%/benefits, cause you don't let a golden goose waddle off when its laying you them gold eggs.
@@Diggler569interns are usually teens/really young people. Do you know what an intern is? They’re not making executive decisions at wallstreet. He was probably some writers errand boy.
Shhh. People aren't supposed to know that. He's here to rescue you out of poverty so you can make millions in just 30 minutes a day. We are blessed to have him. He's such a role model and I just wish there were more people like him willing to teach us the secret. Those greedy corporations won't teach us.
You know what’s even more crazy, people who are actually trading for real and making money don’t give interviews or care about about social media, discords or subscriptions
pretty much it. Coffee says a lot of things that in the trading world make no sense.. just because you have a strategy doesn't mean it presents itself all throughout the day multiple times. im only 10 mins in but seems like an argument between two uneducated individuals in their respective fields.
That's true for the most part but they definitely use social media. Not to flex but to communicate. It's like the most important part. Telegram or discord mostly
Traders almost exclusively talk and hang out on discord, RU-vid , or telegram, I swear some people listen to people like coffee when he has little to no idea about crypto. There’s plenty of people who have turned 20k into millions in crypto. There’s projects that have 1000x in the past 7 months, that could make you a millionaire
What happened to Spencer - I haven’t watched him in a few years but I can’t believe he seems to have gone to the dark side and basically gave this guy a platform by not doing his job to question him.
He went to shit after he started taking up shady sponsors, and he defended the results heavily. That started a couple years ago. At this point he's only kinda funny to watch if you like his style of roasting, but even that's gone down the drain
I used to watch Spencer too, years ago. One moment where people started getting weird vibes from him is when Spencer talked about (if I remember correctly) some dude who got famous by winning big many times at multipe casinos. Which is pretty shady. After investigating the guy and being skeptical, Spencer said he met up with him and is suddenly buddy-buddy with him and vouching for the dude. Even calling the casino guy 'legit'. Didn't even refute any criticism he had of the guy.
I'm not surprised with Spencer. I've seen him interview Antonio Brown and some other grifter (separately) he'd gone after previously, and he more or less was star-struck in both videos.
Spencer couldn't spot a fake guru if they fell in his lap. That isn't figurative - rather literally, Spencer has had fake gurus fall into his lap and his response is always "oh so cool bro, wanna hang out please? I want to be you ..."
I tried watching Spencer's account years ago. He acted like he was against all these grifters then he'd turn around and talk about how successful he was. Had a lot of "This guy can't be the magic money man, because I'm the magic money man" vibes.
Nah, he was always very skeptical of gurus and he always emphasized that making money is never as easy as people claim and the downfalls of real estate. He even broke down his profits and losses and it did not paint a picture of “i’m the money man” at all What did turn me off was the Mickey video and then defending his buddies who shilled for crypto scams.
Coffee has his cake and eats it too, the more hardcore documentary style high budget investigations on the big channel, and these quick fire backs in the void on the second, win win for all, more revenue for the man, more content for us
It’s interesting that Cornelius was one of the few people I saw vouching for Micki telling the truth about being a winning gambler. Now it makes me think what he might have “missed” during that interview.
Literally ANY of them would have to do is show their p&l statements. Those would show each and every position they opened and closed as well as their gains or losses. There's a reason why they don't
If I was a mega successful day trader, I wouldn't even want people to know I do it (I'd have a very tight story about a fake job, etc), let alone "teach" others
what should have happened is Spencer should have talked to Coffee first to see his evidence first before the interview. Should have gone in fully informed first. He went in to get both sides… but he really didn’t get Coffee’s side, only Nour’s
Of all the scam/grift busters I always had him pegged as most likely to sell out. He was always too eager to talk about "wealth opportunities", whether it was him as a landlord, or some "friend" of his and their "amazing" facility.
I will be honest. I would get really hyped up for your uploads. But this stream of consciousness from the void is something i CANNOT GET ENOUGH. Loving the new format, Coffee!
Tbf - is a common practice among traders to only trade the first or last hour of market open and close. Also going from 20.000 to 2 mill is not possible with proper risk management.
This has the feel of those blackjack 'systems' that hope to hit their run, they get up a couple hundred bucks and they leave the table for the day. Or the sports betting 'systems' that calculate the spread and bet based on that rather than the actual sport. That system is called hope to get lucky.
Actually it;s a pretty common practice with movie stars ,a lot of them will not do interviews without knowing the questions in advance and also have a list of "forbidden questions" that they will give to the interviewer before the interview. It was so common in the 80's and 90's in that filed that there were almost no interviews with movie stars without those parameters. I don't know how the current practice is with movie stars ,but that's how it was in the 1980s-90s.
Spencer Cornelia is a cornball journalist. The fact that he tries to pose as a real serious journalist is an insult to journalism. He is the antithesis of journalism. He promotes these fake gurus. Spencer could interview Richard Nixon and make him look like the good guy and make us look bad for even asking about Watergate. That's how awful he is as a journalist.
Also Spencer: "You can actually scam for like 6 months to a year, maybe max on social media. But at some point, you're gonna get found out." Potential fraudster: Silence. Spencer: "If you were scamming, a lot of people would come to me...hey man you gotta make a video on this guy." When Spencer is promoting you, you let him do all the talking.
@@babayega1717 Ajay ruined himself brother. I would say Tom's obsession was equally losery but still, that dating show thing? Yea, I'd rather have Internet Anarchist
To be fair, he defended their reasoning behind taking their sponsorship with FTX (multiple big financial companies trusted them at the time, seemed stable/liquid at he time etc). Turned out to all be a sham that hurt many unfortunate victims but this is pretty dishonest framing.
I am convinced Spencer is getting paid under table by these scammers as compensation by interviewing them mostly if not entirely in a positive light. Spencer denied this when I posted on one of his recent videos but he seems to do this every other week/month, doesn't disclose he is getting paid for the videos by the influencers yet it all reeks of a paid promotion in disguise.
What I respect about coffee’s content is that he stands his ground when confronting the people he’s trying to expose. It takes a lot of guts to do since not many people are comfortable with confrontation.
I agree and it's made me think it is crazy that most people claim they are afraid of confrontation or at the very least don't like it but the amount of sh!t talk is off the chart. Logic would suggest if these same judgemental pot stirring clowns would say the exact same stuff to the appropriate person instead of a co worker or their significant other or whoever... I would guess that many of the smaller issues people deal with day to day would go away at minimum.
The whole point of him being a trader/intern on Wall Street is the biggest flaw in his story. Interns/summer analysts ARE NOT ALLOWED TO CONDUCT OR PARTICIPATE IN TRADING ACTIVITIES. They don’t yet have their broker/dealer licenses yet. You have to be be above the age of 18, and hired FULL TIME for a bank to sponsor you for series 7, 57, 63. Interns aren’t sponsored to take them.
THIS 💯!!! My uncle has been in the industry for over 40 yrs, he always gets a good laugh at all the videos I show him from these grifters/scammers trying to sell some course, especially the ones that say they’ve traded on Wall Street at 14yrs old 🤣
@@_Wirenut_ most scammers intentionally make their scam identifiable to smart people. It’s why those “click here to collect your Amazon package” scams are so obvious too. Helps them from wasting time dealing with intelligent people like your uncle lol
You know the entire thing is fake when they're framing it as "I'm a hard hitting journalist, showing up at this guy to ask him a few questions" and filming him "walking up to the house with his equipment" - but then cut to inside the house where the other guy is waiting for him.
Fist thing I noticed aswell, it just feels like all the fake interview you see on tv. It’s just makes me have less respect for both parties, and prior to this video I had no idea who either were
I never heard of this Spencer guy before now, but watching that video, it was clear to me within about 15 seconds that he has the journalistic integrity of a cable news anchor.
I watch some of his stuff, but i worry about how he sounds. He often sounds exactly like the fake gurus he goes after. Hes reading a script so i kinda get it, but it sounds like hes selling me a course. Coffee is a bit more natural speaker
Tbh, that feels a bit insulting to cable news anchors. They're likely not paid directly by their interviewees. I'd rate this guy at the integrity level of a slime ball.
When Spencer interviewed “Micky” and flew out to watch him gamble at all the casino’s and claimed he was legit, I had to unsubscribe. He turned in to a total fan boy in that video and it was super cringy to see. Lost all credibility with me after that.
It's hilarious because this bright yellow Balenciaga shirt is the epitome of people without buying money buying these brands to make sure everyone thinks they do have money. Balenciaga clothing that real wealthy people wear doesnt have branding like that all over it.
I was visiting family and found myself in Rancho Santa Fe in San Diego, California on a Sunday morning. Extremely rich zip code, lots of biotech executives, people who got rich of California real estate, investment bankers, defense contractors, etc. Honest to God, everyone was wearing pajamas and a f***'ed up looking sweatshirt while they visited the cafe for breakfast. They were barely dressed, like they were going out to the breakfast table, not the cCafe. they just didnt give a s*** . Hair, unkempt, stained sweatshirt, flip flops or slippers, pajama pants, yoga pants. Sometimes they came with their teenaged kids, or they brought their dog. These are 1%ers. I was asking my family member, "is it always like this?" And he was like, "yeah, this is it, this is the fashion of Rancho Santa Fe." All the good weather, they just stop caring. Still can't get over it.
@@KomeFits barely know him but he seems like a yes-man. If your job is to go out and try to get some clarity on someone accused of scamming, and your interview technique is to just let the accused scammer speak without challenging anything, then it's a just PR video. Also, take a look at 25:24 - like hello? He basically just gave a long winded way of saying "I know I showed none of you any evidence, but just trust me on this, I go you bros, I would never lie". This is ridiculous
Kind of a genius marketing move to go from being an anti-grifter to the guy who gets flown out to verify grifters. Unfortunate to see Spencer leaning into the grifting community.
It's where the money is.. I'm guessing he really believed in that stuff one day but maybe something happened with his finances and he saw openings to make a lot of money
I watched a few personal finance videos from Spencer when he was still a baby in the real estate space, but I checked out when he espoused "everyone should become a landlord" as the ultimate wisdom, and a min/maxing slumlord at that. He was a shallow materialist slimeball even back then. Just more people can see it now that the grifting is less mainstream than property. NourTrades himself I would like to see in prison for a long time, although it will probably take quite some time and quite a lot more victims for that to materialise sadly. It couldn't come soon enough.
The Cornelia guy has always given me creepy vibes, something off with him. Trader here, the only legit ones who mentor are usually quite old and want to mentor someone for free OR they mentor their friends and maybe get a share of profit. No-one mentors random strangers.
wtf are you talking about? first off what does age have to do with anything hes 25 but has been in trading since 16 so he has 9 years experience. 2nd who tf would work for free thats dumb asf he has close friends around him that are not in his discord and they get it for free but he charges 200$ a month which comes with daily hour lessons along with live trade signals i been in the group for a month and i profited 1,300 this month with a small account that i started with 3,500. and you said no one mentors random strangers ? so what do you say about personal trainers? what do you say about sport coaches? if youre good at something and want to help strangers that comes with a fee you wouldnt be doing that for free
they do if you pay them. you have to realize, the old people live in the era they grew up in in their minds. now that the internet is so sophisticated and available, its easy to teach people for a price. if you are a random stranger and you don't take what you pay for seriously, it's not the mentor's problem. it's the IN PERSON training where you may have more merit in that regard.
@@Ndasuunye Makes no sense at all. If they're really good at trading, they're making millions every year and what they want is time to spend that money. Mentoring someone for a few thousand dollars is just a colossal waste of time. The rest are just teaching people while they cannot even trade themselves, it's a good way to make money...for them, not for anyone else.
@@PizzaCologne3 Never understand why these people would need a private jet. I don't see benefits in most of these cases. I can understand it when every saved minute can help you get more work/business for your company. The amount of time you can save by not needing to wait for a commercial flight can be hours but when you are their industries I doesn't make sense to me. Cars, sure, that's a nice hobby. Houses in your main places of work, makes sense.
@@greenpulp.they don’t have jets. A friend who I worked with at a marketing agency now works for VistaJet and these douchecanoes rent them on the tarmac for photoshoots for three hours, whining about the cost to her because even though they don’t have to pay for pilots, fuels, and other things because they can’t afford to actually take the jets for a flights, they take video and pics boarding someone’s with cosplaying flight attendants and pilots who are just friends, then they show these on their channels pretending they’re ballers… but they’re not, they’re frauds.
I think he’s just out of his depth. He doesn’t have the confidence or cleverness to be the kind of journalist that exposes scammers. I think his commentary videos can be ok if a bit one-dimensional, but that video he did with that fake gambling guru Mikki completely changed how I saw him. He can talk a big game at home but when he’s in front of a real deal con man he folds instantly and doesn’t ask any follow-up questions.
@@scamculture The Mikki video was the first time I'd ever seen Spencer. As someone who's primary hobby/recreation has literally become "gambling", it became abundantly clear the stuff Mikki was saying that was total nonsense about it and that he was getting banned for money laundering.
Spencer was called out very early on when he started doing FTX pitches and then failing to own up and call out his buddies for it. He's been a fraud anti-grifter.
I used to really look up to Spencer. In fact, the very first video I watched when I started researching Ponzi schemes and scams was his. I'll be honest, I was disappointed that he didn't show the guy's bank statements or other information to back up what he was saying. The whole point of these videos is not to take people at their word because there are so many scammers out there. We can't afford to take people on their word; we need as much evidence as possible.
Spencer used to be cool back in the day when he called out real estate scammers. Stopped watching him when he propped up micki that guy running gambling scams on Instagram.
A lot of his vids come up on my feed, never seen his scammy ones and watched many of his exposure one offs. He's playing both sides? I genuinely had no idea and would be very disappointed if that was the case
This just shows the big difference between entertainment 'journalists' and investigative journalists. If you have a scripted interview with final editing decisions going to the INTERVIEWEE, you are not interviewing anyone, you're no longer having a conversation, you're just acting in a short little scripted segment of a fluff piece. Props on him for admitting that even if he doesn't see the problem with it. And then we have spencer who is also just in this for the entertainment value and has no integrity at all, clearly. I'm glad I've never watched any of those channels, but it really shows the truth behind all these channels that are just for entertainment only. I've seen some really high quality journalistic work on youtube, such as CHUPPL, coffeezilla, patrick boyle, folding ideas, friendlyjordies, anton is here, andrew callaghan, lemmino, bobbybrocolli, etc. But it's dangerous when there's a vast other quantity of people making entertainment under a journalistic mask. They sacrifice the story for the content, which is fine but should be advertised as such.
%100. the fact that the interviewee knows the questions, and has ANY say in what's asked AND published, means its a puff piece, not any form of honest questioning.
@@vj420100%. There is little harm in knowing the areas of questioning (topic) but beyond that question specifics are seldom actually shared. That’s the exception (presidential interviews etc) rather than the norm. It’s also highly atypical to give the interviewee final approval ability.
Calling andrew callaghan a good investigative journalist is a joke. Chuppl might be a good investigative journalist but his videos are structured really weirdly. The rest are good or I don't know them.
Cause it’s a homemade and didn’t even do the due diligence of putting something in between the front and the back so the sharpie bleed through it? Nah I think that’s what millionaires do.
@@Xxkathydonxx didn't even notice that, I'm just saying Balenciaga is a bad company, all clout clothes are horrible and overpriced, but after what Balenciaga did, I'm convinced anyone who still supports them are Pedo's as well
Like how can anyone see that this is all bull, there is no way someone thinks that is real unless you are a toddler, fifa obsessed kid with internet access or just coping to glaze crypto grifters
When the entire point of a video is to examine if someone is a fraud or not you don’t start out with obviously fake setups This isn’t a promotional video (or wasn’t supposed to be one)
I love the "I'm just going to show up and ask him some questions, I don't know much about him" and "let's go inside" when it's obvious they are already setup for recording and already inside the house. That's some real journalism there.
And like... If you actually want viewers to believe you're going to "expose" someone or even just get their side of the story, straight-up admitting at the top of the interview that you didn't do any research before showing up (then demonstrating it to us throughout the interview) is an interesting approach.
I love the void! This channel is a great compromise between high production content and being able to post regularly (not that the void isn't quality content!)
I missed the regular uploads from around two years ago, I love that he doesn’t even let the small guys slide. The deep dive high productions are just as captivating. Loving the second channel
I've actually worked in broking and been a trader for 30 years. No one has EVER had a good answer to "THAT" question; "So if your system is that good, why are you telling other people about it..?" The sad answer is that there is just more money in selling the dream than actually picking the market. I always wanted to find that Guru as well but they just don't exist. The institutions run the markets. No little man can control it or influence it. Just keep flipping that Buy/Sell coin... 🤷♀
You know if it was night time they ran out of time during the day and can't hit their levels and train during the day. Luckily these guys aren't rookies
I imagine that “internship” he was doing was just a shadow program. Every student in my high school had to complete one to graduate. You do grunt work to introduce you to the workforce
Yea there is no way any investment firm is letting a 16 year old anywhere near the trading rooms. Bring coffee to the Break Room - maybe. Beyond that? No way unless daddy owns the company.
@@silvioschurig749I don’t even think a rich daddy’s boy would be allowed at 16. No rich trading firm is going to let a child tank their firm. Maybe at like 25 when dads a little older and more thinking about finding a replacement for him at the firm. But not a 16y/o
I've done the whole "student worker" thing. Even at the university level all it entailed was doing the jobs no one else wanted to do. You are basically the company's bitch.
When a video starts off with a person outside of the individuals house and they say "Okay guys here we are! Lets get in there and get some answers!" And a camera crew is already INSIDE THE HOUSE I am not gonna believe shit.
Used to follow spencer years ago until he started playing friends with literally numerous Bitcoin scammers. Called him out and surprisingly he replied!! But never took accountability since he made money. He became even more smug than usual due to his circle. Sad
Agree on him basically shriveling up in his in person interviews. Its like he loses confidence, and becomes one of the people that the scammer would target.
I hate it so much. I'm sure it's not necessarily easy, especially when these guys are doing everything they can to sway you onto their side that they are otherwise a decent person, but for fucks sake Spencer you have to mentally prepare yourself for this.
Hold on. 300k a month? Why in the world would you need a finance guru if you can piss away 300k a month? That's nearly 3 mil a year. You could make a real estate firm or something.
I think it's some variation of 300 students paying $1K/m for classes. Probably a fair bit of turnover, with new marks replacing those who get wise or go broke.
The shots of the jacked models, I mean random students, awkwardly working out in a little cluster with tiny dumbbells convinced me that everything seems legit. 😆
spencer is the kind of guy that is well articulate so he seems way more intelligent than he actually is, i still remember when he got blowminded by mikki the " genius gambler "
Loved how Spencer just straight up took a fake guru's word for it. "Yeah bro, so that uh site was totally fake homie, Coffee made it." Spencer: "Oh no shit, bruh? That was the whole point of his video!" Complete garbage.
I have an English accent and my colleagues pit so much more weight on my opinions, im a fucking idiot. But sounding like you're meant to br there is the easiest way to get clout.
The wildest part is that the math of bacc is well known. It's been attacked by PhD mathematicians with supercomputers running simulations for decades. Mikki's claims aren't even remotely plausible, it's analogous to claiming to have "written a betting algorithm that beats roulette". Having lots of money and receipts of big wins in roulette wouldn't prove you've actually beaten the game, just that you've gambled a lot.
As someone who has interviewed hundreds of people, some of them woo-woo gurus, I can say that it's REALLY hard to call someone out for bullshit in their face... so if you don't have those kinds of cajones... don't go into that line of work. I think Spencer found that out the hard way.
Watch when he started doing content with Mikki Mase. This has become a trend with Spencer. He no longer can be taken seriously. He initially created a following “debunking” things, and now he sells himself by cosigning these scammers.
Check out his video about that gambler dude. Homeboy rolls over like a puppy and it's actually really uncomfortable to see the persona he created crumble as he sees those dollar signs. I immediately unsubstantiated and stop watching his content as he's a total sell out.
No question he got paid. Now he has to defend his payment. I'm not very good with face to face interviews and I apologize blah blah blah but I really needed the money cause I got lawsuits and shit. I wouldn't trust Spencer with a bible in his hand, the type that would put his hands in your pockets while shaking your hand.
