

226: Justin Paperny | Lessons From Prison
Jul 18, 2019
Justin Paperny, a former stockbroker turned author and consultant, shares insights from his own 18-month prison experience for securities violations. He discusses the complexities of moral rationalization that can lead good people astray in the financial world. Listeners will learn how to prepare for prison life and the importance of personal reflection during incarceration. Paperny emphasizes that even in the depths of adversity, transformative growth is possible, making his time behind bars one of the most enlightening periods of his life.
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Justin's Story
- Justin Paperny, a former stockbroker, was convicted of fraud at 32.
- He served 18 months in federal prison for violations including mail fraud related to a client's fake documents.
The Hardest Part
- The hardest part of prison is not being inside, but the time leading up to it and the aftermath.
- The anticipation and uncertainty create immense stress, making the actual prison time almost a relief in comparison.
Misguided Advice
- Some lawyers might give misguided advice, prioritizing their own financial gain over their client's best interests.
- Defendants, often unfamiliar with the legal system, may not recognize or challenge this.