AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Baker's New Empire Was Too High
In the 1980s he started asking his followers to pay a thousand dollars each for lifetime partnerships now these lifetime partnerships would earn them a three night stay at the new hotel that he built on his land. He vastly oversold these partnerships until he wound up with more partnerships than his hotel could possibly host a year 66 000 of them. There were other grifts too he started offering David and Goliath statues to his viewers and he would tell them these were an investment because the statues were like works of art but they were really ten dollar pieces of poorly crafted metal bullshit. All of this blatant fraud earned p t l the attention of the charlotte observer a local newspaper that locked its teeth onto the