The Megyn Kelly Show

Fraud Week: How Crypto Convict Made Millions Before Getting Caught, with Ray Trapani and Jonny B Good | Ep. 816

Jun 12, 2024
Ray Trapani, former COO of Centratech and star of the Netflix documentary 'Bitconned,' teams up with childhood friend and co-host Jonny B Good. They dive into Trapani's early life of crime and his audacious cryptocurrency scams that raked in millions before catching up with him. The duo candidly discusses the absurdity of their fraudulent practices, including the creation of a fake CEO, and the unexpected rise and fall of their crypto company. Trapani reflects on his path to redemption through family and personal growth amidst the chaos of the crypto world.
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ANECDOTE

Early Criminality

  • Ray Trapani's early life of crime stemmed from childhood trauma and a lack of paternal guidance.
  • He viewed his mobster-like grandfather, who often provided financial support, as a role model.
ANECDOTE

First Foray into Fraud

  • Trapani's first foray into fraud involved forging OxyContin prescriptions obtained from a stolen prescription pad.
  • He exploited the opioid epidemic and pharmacies' lax verification procedures, targeting those closed after doctor's office hours.
INSIGHT

Pharmacy Complicity

  • Trapani highlights the complicity of pharmacies in the opioid epidemic, alleging their willful ignorance of suspicious prescriptions.
  • He suggests their focus on profit over patient safety facilitated his early criminal activities.
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