Matthew Cox | Inside True Crime Podcast My Last Interview Before Prison | Millions Lost, Corrupt Lawyers, & 24 Hours Left…
Jun 15, 2025
A white-collar entrepreneur shares his dramatic story of facing 54 months in federal prison after a massive FBI raid. He delves into the complexities of merchant cash advances and predatory financing, revealing the traps that ensnare many business owners. The emotional toll of navigating legal battles and dealing with corrupt legal representation is vividly presented. Personal anecdotes about relationships and the surprise dynamics of the legal system provide an eye-opening perspective on the realities of incarceration and the power of education during confinement.
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High-Cost Merchant Advances Explained
- Jason explains merchant cash advances with rates as high as 40-50%, where business owners borrow against future receivables.
- He details sale-leaseback deals involving equipment like bulldozers, where owners lease back their own assets at inflated prices.
Inflating Tech Lease Prices
- Jason describes inflating invoice prices for leasing computer servers to produce rebates for clients.
- He worked with Dell Financial leasing millions in inflated tech leases, accepted based on business credit alone.
Surprise FBI Raid Experience
- FBI raided Jason's house with 50 agents without prior warning, causing shock and confusion to him and his family.
- They disabled security cameras and searched the house thoroughly amid holiday preparations.
