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Long Island Liars | 45

Scamfluencers

00:00

Greg's Ponzi Scheme

Greg lost millions of dollars to an acquaintance who claimed to be an oil baron. Looking to get whole again Greg went on the hunt for some investors. He pitched them the same way he did Russo and Smoopler by cheap jewelry and resell at a high markup. Right away he raised millions of dollars and told his investors the money would go towards buying more jewelry.

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