Tik Tok Financial Advice Has Crossed The Line 

he probably spent it on the tattoos and is just tryna recoup

That fake tan ain’t cheap either

Definitely a 400$ tattoo unless he's dumb.

let me tell you. I have known this guy for many years. Before he was a scam artist. There was never a 7500$ loan. He finished dead last in a bodybuilding show and went to bali to get tattoos. Now that he scams people for a living, he tried to get involved with some gangs, they shot his "co worker" in the head, shot up his car and he moved to Bali. He was never rich. His car and AirBnb were put under a business credit for a business that he did not own, he was the bottom guy for a forex scam, he was literally just the face for a lot of these scams. The moment he got publicly exposed, he blocked everyone he grew up around, fabricated this wild story and moved. Now he lives in Bali of the money he makes scamming people with his "business partners". Until they eventually run into the wrong gangs over there too.

yeah, noticed at the first second his story has too many plotholes, someone should sell him a course for that.

nah I know so many people who sign for loans just looking at the monthly while ignoring how much money they lose on interest. As long as they can pay the monthly, they don't care

@@-Sai but they can't lmao, she literally talks about allowing one of the cars to get repossessed. Just a galaxy brained family

​@@snart2195 buying one of those big ass trucks (unless you use it for work) is the dumbest thing you can do. Cause they cost so much and need so much gas, but I see so many dudes who didn't need it with them.

@@-Saieven if you need a truck for work, those trucks have tiny truck beds and the beds are way to high for practicality. People who actually use trucks for work, use smaller but actually practical trucks usually.

@@darkithnamgedrf9495 Then how will I let everyone know I have a small penis?

You just gotta hope they're one of the few people carrying cash these days, because cards get cancelled in minutes.

​@ronarnold1507 Nowadays they mostly want your phone so they can sell it

Getting mugged would be less detrimental to their financial situation lol

jesus

Report his ass

If this is true, unironically file a tip/fraud report with the SBA. Under the False Claims Act you could get 15-30% of the recovered funds if the government determines there was indeed fraud and wins a lawsuit. Plus, you take down a scumbag.

Can you actually try to report this or something. They gotta learn and I heard the government is cracking down a bit more on these.

@@preethamrndoing so would put many of my past co workers out of work. Many of them didnt have green cards, and that job meant survival. He did hire them all back when we reopened, and a lot still work there. He is the biggest POS i’ve ever met, but those are good people.

nah dude if you know sports its free money. (trust me I have never lost)

it's risk free if they're rigging the games

it is for me 🤑(i am several thousand dolllars in debt)

Just max your Luck stat

the only risk is needing to double your bet on the next one. if you can martingale to infinity, you can always win

😂

To be fair the guy at 14:19 actually drives the R8 he’s standing next to, I haven’t seen the registration though so I don’t know for sure if it’s his dad’s or his

@@atriocI never allowed you to laugh

You can just short time rent luxury cars for a drive or photo shoot slash video

@@ErikPelyukhno You already know the answer. Rich people don't need to scam people on tiktok

aw :(

Honestly that's the smartest thing he could do. He was 67k in debt and wasn't working.

Frfr, on that manifestation grind.

I just clean' up my room and next thing I knew a golden lobsters challenged me to a fight and I won using the shadow of my monster. That really heighten my conscientiousness

@@DsiakMondala Freedom is calling for all men who bend their will.

I wonder how much money he could have made working minimum wage in those 3-6 years

You gotta realize there's a personality type that just doesn't care about prison they are in and out their whole lives its like home to them and when they're not in prison they're just doing illegal stuff for money and balling out.

​@@leonardooriano579420k in debt probably. Saving with minimum wage in THiS ECoNOMY?

Some people just ride the wave that is life and don’t care too deeply about things like that, prison is just another experience to have, or he’s just being funny and the story is fake 😂

I went to high school with him - he was genuinely one of the funniest dudes and everyone loved him. Idk if he actually did all of the PPE fraud stuff but I’m hoping he’s good 😂😂😂😂

The “beauty” filter all of them use was looking real uncanny valley in this video

I think it’s just an insight into the average persons life and you realize how stupid these people are and just don’t act normal lmao

I made that mistake, paying 29% APR a few years ago. Luckily it was only second hand and not very expensive. Won't be doing that again.

Yea only rare models actually appreciate and it sure as hell isnt s truck or suv usually sports cars only and a very rare version or limited run of that model.

I think a lot of real estate "investors" have been popping up recently cause in a lot of countries there is a huge real estate bubble. In countries like Canada, Australia, New Zealand, etc. Houses in the last 10-15 years have doubled, even tripled in some cases. So you could gains at almost the rate of the stock market but investing in housing is also seen as more "safe".

"last 90 years" is very conveinently missing a regularly occurring event. And even without a worldwide depression, urban prices are due to crash as work-from-work disappears.

Straight yapping

Yeah it's heavily dependent on a lot of factors. I bought my townhouse in 2013(?) for 180k. It's worth 600k now. I was going to buy another this year, so I looked around. It's pretty bad. Me renting out that first property would not cover the costs at all. It would take 7 years to break even, and 10 to get some real cash flow like you said. A lot of places are even bumping up their HOA. One place I saw, they raised the HOA by 300 up to 1k per month. That's stupid. In comparison, I can just put my money into stocks and have more flexibility.

There is no shortage on housing industry

For that payment they could get a beater for their daily commute and rent a F550 or an exotic sports car every weekend on Turo when they wanted to drive something nice. Instead they own a Tahoe lmao.

That entire video felt like some kind of mixture of misinformed humble-bragging and relationship troubles

That’s the funniest thing to me about these 60-80k cars but they’re just like normal cars. I’d get like a sports car with that amount lmao

Peoples minds are so warped they think anyone actually cares what car you drive or what house you live Unless you’re successful (and most people are just average) we can all see how dumb you are for going into debt you didn’t need to

I'm about to hit 10 years on my current car. Paid off, runs great, looks great. Every time I'm tempted to get the latest model, I remember how nice it is to not have debt. That's the way to live.

my car is a piece of crap that i got for 2k but oh my god it's so much nicer to have than worrying about 400 a month in payments

I have a 99 Pontiac Sunfire that I drive to work everyday. I bought that car in 2010 for $2000. Very easy to fix and parts are cheap. It has 370,000km on it and still runs fine. The sad thing is, I could probably sell it for $2000 today with how the price of used cars are.

Having a quality comfortable living situation and being debt free is a privilege, and these fools just squander that and choose to live in debt and anxiety just to have a fancier method of travel. It's bizarre.

Why would u do business with international business when u can go international and learn business?

For me, it's any food & health advice (chemistry background), the amount of snake oil salesmen. Level of dump shit that people happily believe is baffling

A tradesman being against socialism is wild

Am I petty for being happy after reading this story? Like this man will not be able to retire, it's sad ... But I'm so happy 😅

this

You only get a refund if you pay more taxes than you’re supposed to, it’s scary and weird how little people know about how taxes work…

Hes paying taxes whether he is aware of it or not if he has a job, benefits and buys anything

Actually made me laugh. Good job king.

@@TheMOReviewers :3

He probably started out with that aim but his spending habits destroyed him.

I'd like to note that if you're willing to work on the car yourself (which I am fully aware most people either don't want to, or straight up can't), a single month of those 1600$ could get you a decent (if not the most modern) car that'll do everything the new one does, if you go for two months you can even add in most of the gimmicks and nice to have things plus get it to drive (and feel if you know a good upholstery person) brand new

​@@tiagobelo4965not sure where you're finding close to long-lasting "fixer-uppers" for $1600 without being a dealer's child, but the sentiment is true for basically everything. People pay to not have to become car mechanics so they can pursue their actual interests. It's a trade off

I make about 1800€ a month, 1600 bucks would be murder. (Dont worry, I live in Finland 1800 goes a long way)

​@@taturajala830 if that's 1800 after taxes, that's pretty good even if it's in a capital/major city

​@@tiagobelo4965 sweetspot is a few extra grand than that, like 5 to 7k. this way you get a substantially newer car but one which has depreciated most of the way so you dont lose much on the resale. the savings you'll have by owning the much older $1600 car will be insignificant by the time you've sold.

Wait, they might be cooking though. If you make more kids, you're increasing future housing demand, and therefore increasing the housing investment.

you can also claim them as dependents on your taxes. sigma strat

@@stereo-soulsoundsystem5070 For fellow old guys like me, this is known as the Shawn Kemp Strategy.

i bought and financed mine (2016 Chevy Silverado HC) for $48K in 2017. Sold in 2023 for $40K. Domestic trucks definitely hold their value, but you are 100% right, a few things started to go and I even had a mechanic who came to look at it refused to buy it knowing that the transmission was on its last legs.

My wife and I cleared 480k last year. 0 monthly payments on our cars lol and I drive a crappy 2011 Ford fusion

Isn't the most plausible explanation for going so long without trouble that he IS a standard W2 worker and his tax liability is already covered by his employer's withholding, thus the IRS never bothered to bust him?

@@Myerknas Thats quite possible. I handle state tax, not federal tax, so I'm not sure how the IRS handles it, but with state tax if you don't file, after a few years the state estimates what you owe WITHOUT taking into account tax withheld. If the IRS is the same way, then he's just plain lucky (and stupid)

All minimum payments. To be only paying $400 a month on a $65,000 debt telld you he is paying the bare minimum. It would take him about 20 years to pay that amount off.

🦀 JAGEX DOESN'T DO MUNDANE SHIT DAILY 🦀

LMAO

Bro needs to get sent back to lumbridge

Yeah, if you’re talking about those amounts paying it out as wages is terrible. Set up a management company, pay out dividends, invest through the company, etc.

And don’t forget the Lehman Bros shirt

That's because you need to buy my Instagram course for 30k. I guarantee you'll double that in the first week.

fact checked this: false information

I thought the pfp was 69 faces 😂

He's never paid taxes. There is no amount greater from a tax return than what he has been withholding. Do you get how tax returns work?

@@timtabutops4611 Before you get a paycheck from your employer, they can withhold money for taxes. In my hypothetical situation, I am making the assumption he 'thinks' he isn't paying taxes because he's just not filling at the end of the year. In reality he is still paying taxes and just isn't doing the paper work at the end of the year to see if he owes more or gets a refund.

​@@TopOfLobbyhe probably has a job that pays cash , or he put himself as tax exempt on his w4

@@timtabutops4611 He's probably never FILED taxes, and assumes that means the same thing.

Hi. Im a former case manager for the IRS. The fact that he hasn't been audited is almost 100% because he has his withholding set to 0 dependents. For simple math, assuming single and 50k a year he is basically giving 1200 dollars to the the govt every year. We dont audit those people since their are people who actually pay nothing and they get highly prioritized.

*Paying off bills is bad for your credit, still.* *Of course, criticizing Semites dings your credit score too.*

On time, once a month, in full!

​@@Code7UnltdI assure you letting your bills go to collections is far worse for your credit then paying them.

Huh?

sure cought whales could even make that guaranteed bet profitable for the gambling provider if you could cash it out directly. but damn... people are stupid.

That's awful. I would say subarus don't depreciate that much... Now I'm Swedish but we sold our 2012 subaru outback for about $12.000 last year, and it was in pretty rough shape... (My mom loved going off road in that thing.) I think the bank undervalued your car.

Bro please commit insurance fraud to get yourself out of that loan

There is no free money in options. They are priced in a way that makes it about break-even in terms of profitability. You either buy and have a high chance of losing everything but a small chance to make bank or you sell with a high chance of winning some money and a small one of getting burned. If you sell a 10% OTM call and the stock rallies by 18%, you actually lost 8% of potential growth and, since most of the growth of the stock market is during a few unpredictable days where the stock rallies a lot, you're most likely to be better by just holding. It works for some people the same way blackjack may "work", the odds are so close to 50/50 that it's not rare to find people for whom that went well over a small period of time. Also, I don't know when you bought but the last time the price was around 132 was june 13th 2022 and exactly a month later, the price went up by about 13%, which means that you would've been burned month 1. Same thing happened in january 2023 when it dipped down to 130, but then grew 18% up to 154 in february. Getting 2% a month in covered call strategies either mean that IV is high or that your strike price is too low, in either cases, you're likely to get burned after any amount of relevant time.

Not where I live, I am just about to sell and I won't make back what I bought it for. The market took a deep plunge a year ago

​@@CainXVIIThat has not hit everywhere yet, but it's coming.