Inside the FBI cover image

Oasis Ponzi Scheme

Inside the FBI

00:00

How Michael Dakota Defrauded People and Gained Their Trust

Michael Dakota used several ways in which he defrauded people and gained their trust. One of the biggest things was it was pitched as a family and friends only type thing. He embedded himself in the community, showing up to local events,. working out with community members and playing pickleball. There were his extravagant holiday parties where he invited current and future Oasis investors.

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