I’m new, so just seeing this video. I am so blown away by how excellent every video I’ve seen in mini-binge mode is. I love the topics, but there’s so much value in them for all of us. I am impressed! Thank you I have lots of respect for you.
Thank you for this video, Justin. You probably won't believe this, but I quit finance because of this video. I've had a similar upbringing as you did and it seems like we share some personality traits too. Your story made me realize I've already started my way on this path: I started to lose any sense of morality, gained weight, drank a lot, had nightmares about work. Deep down I knew what I was doing was wrong but I slowly started to convince myself of the opposite. I've watched this video probably ten times now throughout the years and I finally quit two weeks ago. I am not sure I would have been able to make the first step if it wasn't for your openness and honesty. Wishing you the best.
Man, your story has MY heart racing. We've all lied and cheated to some extent or another, but your story is at another level. I can't IMAGINE how you felt during all of this.
Fascinating story. I graduated HS in 94, went the trader route after my 7 and got my 55. After several years working as a trader in smaller firms, I ended up at Bear and was there almost at the end. I left 7 months before the sh!t really hit the fan after I was pushed to commit a felony for the 3rd time in my career. I thought by joining Bear, I'd get away from that element and not be asked to commit crimes, so I was devastated when someoneI admired suggested I do something that would have been hard to trace and rewarded us all greatly, that's was it for me and I quit the industry 3 weeks later. On all 3 occasions, the temptation and pressure was so powerful but thank God I resisted and left the industry without any victims or Skeletons in my closet. When BEAR went belly up and people I worked with went to prison, the feeling of validation I experienced was indescribable. I slept like a baby that night and never have looked back or missed the money. No regrets Justin, you got out before it got way way worse and it would have. 2006 -2008 was an obscene time in the industry, you wouldn't have wanted to be around for it . Great story.
Justin, we all have made bad choices as young men. Some bigger than others and some that lead you to jail. It doesn't define who you are. The fact that you are taking the lessons you have learned and helping so many that are going through the same struggle is commendable. Keep doing the work that you do because it is an inspiration to so many, myself included. Thanks for sharing.
It does define who you are if you do nothing to undo the harm you’ve caused. Most of these stock brokers who’ve churned people’s accounts never actually go to jail, but they people’s in financial ruin like what happened to my mom. The creep who did it never did it was a relative and never did anything to make up for what he had done. So, yeah. That definitely does define him.
I was alongside Justin while he lived this chapter of his life. I know his story, I know his character, I am proud to be his friend. Justin has the amazing ability to connect with people of all types. Not on a superficial level, but he really gets it. I am 53 and he has been a dear friend for nearly 20 years. I believe his ability to reach people on a meaningful level is due in large part to his education in Psychology and his boundless appetite for knowledge. Justin listens attentively and reads incessantly on every subject imaginable. Justin has freakishly keen mental recall, He remembers every detail, almost photographically then formulates insightful thoughts based on this enormous collection of data assembled in his mind. Justin reminds me of a commercial that used to run on TV many years ago. It was a commercial for EF HUTTON, a money manager firm. In any event the commercial always ended with the slogan, "When EF HUTTON talks people listen". That is how I view Justin, When he speaks, I listen, because he always adds value. I am fortunate because I can call him frequently for advice, and I often do. He has laser focus and has set his sights on helping people. How fortunate for those in trouble to have a resource like Justin.
Funny he seems like a real unlikable cheap crook who still thinks hes smarter than the room though he went to prison. What an ass. If you think that highly of him you're probably a douchebag too. You crooks can all feel good about helping your little criminal community. You poor babies. "Whats it gonna be like when I go to prison?" How pathetic. Tip: its gonna suck I would guess.
I have such respect 🙏 You both have been instrumental in helping me, I am not in the "system", to realize how important it is to take personal responsibility. To live a life that holds myself accountable for what I say and do. Our very lives and freedom depends on an honest lifestyle and giving back to our communities. Much love and thanks for helping to open my eyes wider to the reality of life.
Beautiful words from a friend. Sometimes hard times lead us to find the real us, take responsibility, own it and move forward. You are lucky to have a friend you can talk.
I'm listening to your videos as I work from home and find your dealings in Federal Prison fascinating as well as your opinions/advice on Elizabeth Holmes. Keep up with the good content, sir and Go Irish!
What an honest and interesting story. I saw you interviewing Craig Carton a few months back and found that very compelling as well. I subscribed to the channel. I find White Collar crime to be so fascinating as the line between right and wrong can easily be blurred with a few bad Decisions.
Rob nestor thanks so much for watching the video. I know it’s a fascinating subject. I’ve studied it for more than a decade and I continue to learn new things. Tomorrow I’m going to do a Facebook live on the 12 year anniversary of my surrender to prison. It will also stream to you youtube. Check it out if you can. Stay well!!
Well crafted Justin. Even though I've read your books I found this compelling to watch. The openness and honesty run deep. Thank you for allowing yourself to be vulnerable. It's a very difficult thing to do and I find it inspiring and helpful. Thank you.
Thank you for being so vulnerable. Your honestly is very rare and greatly appreciated. You are helping lots of people that you'll never meet, people who need the all important modeling of true vulnerability. Putting yourself out there, warts and all, for all to see truly shows your maturity of heart. We all can change. It takes great courage and great humility, just like what you have demonstrated.
Wow! You are so engaging. What a difference you are making in so many lives to speak the truth regardless if you are facing prison time. True freedom is being honest with oneself. Thank you for such deep insight into living everyday with freedom. God Bless you!
Fascinating, heartfelt & a very worthwhile listen. I spent 1990 to 2002 in DC at Resolution Trust Corp & then F.D.I.C. Amazing perspective from the other side. Peace, Justin
I stumbled upon your video by chance, watching it from start to finish and it has a powerful message for everyone willing to listen. No matter the level of crime or deceit owning up to our responsibilities is crucial to have a life worth living.
Soooo freaking courageous and inspiring. Whether or not the crimes in life we have committed ended us up in jail or just remorseful looking back, everyone can relate to your story of making the wrong choices. Learning from them rather than hating the world for your own self inflicted circumstances is character and you sir have an abundance of it . You're a good man.
The way he describes what happened; what went trhough his head, how he felt, what he did, how he describes you lost you liberty even years before you put a foot in prison, the money you spend on lawyers, etc. sounds a lot like the book called "The bonfire of vanities". Even when it's wrong, I am glad that is honor, ambitions, and dreams (all very human), and not pure greed and evil that motivated him and, many others, to do what he did. Thank you for sharing, and thank you for helping me understand what is behind white collar crimes, a human being, and that it is very similar to regular crime. Of course there is sociopaths doing white collar crimes; the same way there is sociopaths doing regular crimes, but I used to think that most of the white collar crime are done by sociopaths. the reactions are extremely similar to any regular crime committed by a any human with morals. The huge difference is that it affects way more people than regular crimes; I think this is the reason why the stigma around this type of crimes.
Thanks for your insightful comments, Edgar. It pleases me to know you have a better understanding of white collar crime. Most are not sociopaths. They are good people who made some bad decisions without considering how it would influence their life and the lives of others.
@@WhiteCollarAdviceOfficial Un uh. What makes most white collar crime so offensive to those of us who don't engage in it, is that those who do are usually, well educated, physically comfortable and already making a decent living. Rationalize your misconduct all you want, but that does not make it any less egregious, and more importantly, less immoral. ln reality, just the opposite is true. You knew better, had other options and did it anyway. Greed is greed. White collar crime is the ultimate Faustian Bargain.
@@frankmiller95 Greed compare to many violent crimes ARE less immoral. Based on what you are saying, even petty theft should get the same punishment as a murder.
Vanessa Delgado I really appreciate your kind words. Thank you very much for sharing them. Speaking openly and honestly about my bad decisions has helped me overcome them. I wish you well. Thanks again for your supportive comments!
Hi Justin - fortunately, I am not going to prison but I watch a lot of TH-cam and your channel came up. So glad I watched because it makes me feel good that I have been ethical all my life and didn't cut corners. I just retired a few days ago and although very happy and grateful, I left feeling like I worked too hard, didn't make enough money, didnt get enough recognition and like I was less than people working there that were younger, lazier, dumber but made more money. After listening to you, I feel great that "I did it my way" like Frank Sinatra. I feel like I do matter and that I worked hard, saved my money and will have a great retirement. I also remembered why I don't like most financial advisors. I always got the feeling they just wanted to sale or either I knew more than them. I'm also so glad there are people who learn from prison and take responsibility and go on to live productive lives. You are so articulet and intelligent and down to earth. Keep up the good work and know that even people who are so far removed from crime and prison benefit from your voice! Thank you.
This may be one of the top 10 most intriguing and intriguing 'life-changings event' first person tellings that I have heard here on YT. #TakeCareBeWellDoGood
Amazing, your testimony was great. I pray for you to have a successful future. Who knows, this may stop a white collar crime in the future because they heard your story.
I just got one year taking a plea deal in Hawaii. I've got a story to tell, how do I prepare myself for my one year as well as prepare to tell my story? love your video! thanks for helping and putting out your story!
Hi Sophina, I admire you for taking time to prepare. I would be happy to offer you some advice. Please send me an email to jp@whitecollaradvice.com. I will send you some of our private resources as well to help prepare you.
I love white collar advice. That’s what I call you, Justin, white collar advice, when I talk about this channel to a guy I know who was in Boron. I love this channel. And I finally got into Michael Santos. I listened to his book, prison! my 9000th something day. Life-changing. Period.
Thank you for being so honest, I hope this helps others in similar situations stay clear of the temptation, not just for themselves but for their families and friends also. There was a quote you made in this video, can anyone recall it for me, it went something like: it is not what you steal etc?
I hope many many many people watch this. I like supporting Prison Fellowship started by Chuck Colson. At an event last year I listened to a man who spent a year in jail for white collar theft, he tried to hide his personal debt in his successful business. As much as you say its still hard to tell your story, sure I can understand it is. But you have such a powerful tool at your disposal. Perhaps the most powerful you have ever yielded. Authenticity. When I want to really connect with my son who is 6, I captivate him with authenticity. I look him in the eyes and share honestly whatever it is I am trying to teach him and I let him respond with whatever observations or ideas he has about it, and then I ask him to help me be the same. If I want him to clean up after himself because it will give him a better future, I ask him to help me remember to clean up after myself. To be able to captivate is usually only really done one way. We honestly embrace what we are being exposed to, told, shared etc. Honestly we do it. We may be lied to, we may be not, but we embrace it honestly. To be able to credibly share with others that you were a lair, you got caught, you got punished and you are sharing that in an effort to prevent someone or anyone from turning away from the temptation, its all we are asked of. I am rambling and its 130am. Anyway be encouraged!
Makes me think of all of the indiscretions I have made throughout my life. It may have not have been hundreds of thousands of dollars but most of us have lied and deceived people around us. Now that I think about it even though they're small lies they do affect victims. Thank you for your post I'm surprised you don't have lots more subscribers. I'm pretty sure there's something you could do with TH-cam if you wanted to change that
Justin, thank you for sharing your story. It takes a lot of courage and a man of humility and authenticity to do this. I agree that our choices do create pay-offs, but ultimately don't out weigh the costs. The ramifications of our choices reach far beyond our imagination. I believe that your story will reach out to other people committing white-collar crimes and help them to rationalize their situation and see what could really happen and stop what they're doing. We need more people like you to transparently tell their story, therefore this will help to decrease the prison population. They need to know that the time behind bars is nothing compared to the life lost during the time a Federal cases pending against you.
Hey Justin I want to salute you for another great video and for sharing your story. I admire your honesty and courage to do your videos. I really respect how you don't sugar coat what a white collar criminal is and how you educate up and coming individuals who might consider doing this crime or who is doing so now. The book I just finished writing is in its formatting stage right now and should be released next month and one of the characters I wrote about is white collar. Your words confirmed I wrote exactly what needed to be wrote in my book to educate. Thanks for your wisdom and humility to teach. One Love
Hey Justin how are you. Thanks alot. Got great news. Two directors picked the book up today for their Prevention and Intervention programs. Truly blessed. The book is available at www.createspace.com/6887010
Justin, what a wonderful story of maturity and self-examination. Yours is a prison story that actually has a satisfying ending. Godspeed from one of those overpaid lawyers.
I bet this video is viewed by everybody. I have to say I was always put on edge by your sales style, but now I get it. As an introvert I really admire you though. Or marvel perhaps is closer!
Thank you for watching! There is a great book by Susan Cain on introverts. Here is link. Happy New Years! www.amazon.com/Quiet-Power-Introverts-World-Talking/dp/0307352153
Great story my fathers in federal camp damn thanks for this video.. we all do things that's not right.. but I thank you for this story! Funny you said the Feds left you alone for a year.. then came after you thought you were good.. that's a mutual feeling
Good to remember that we are all part of a family and a system and a community and that what we do has inexorable consequences. But Mr. Paperny I admire you so much.
Easy to admit wrongdoing AFTER the experience. What is powerful is those who admit wrongdoing DURING the moment - that's true honesty. Keep working on it. You might get there
I love your videos. They teach to make the best out of every circumstance. This is a great and fundamental lesson. Upon watching this video, I want you to know (if you are not totally aware of it) how privileged you were (and perhaps, are). As a very educated Black guy with multiple advanced degrees, I don't see the trajectory of my career in finance and as a real estate broker ever moving the way yours did before prison--unless I was born to a big celebrity or I went to Harvard, or some other really prestigious school--and excelled there--academically and socially. You touch on some awareness of this in this and other videos. But I hope you always keep this in mind. For me, it was difficult to listen to the ease at which you moved in these privileged circles.
I don't quite understand the quote that said you can avoid reality but not the consequence of reality. What's the difference between reality and the consequences of reality?
This story is poignant and to the point. I. also tried to rationalize my crime and blew the first proffer thing I could convince FBI that I wasn't guilty. If I had known Justin and gotten his advice, I really believe I would have gotten a better outcome. This information is a must for for anyone under investigation.
Wow. Thanks for sharing your story. Question: If you had declined the FBI interview (and therefore had never lied), do you think DOJ would have pursued other charges against you?
@@frankmiller95 yes. Being open and honest as early as possible could be more beneficial than anything else when/if sentencing occurs. Judges want to see remorse and being honest with the fbi could be a signal of remorse.
@@WhiteCollarAdviceOfficial my mother taught me when I was a young boy. Just confess, fess up to what happened and the punishment will be less. Over the course of my childhood I learned that. And anytime there was a problem I learned to tell my parents truthfully what was going on. It led to a great relationship with my mother
Hi there - looking for info on Jose the councilman I have come across your videos. I worked at Stanford Financial Group thru 1990 to 2009 - as a secretary and bam our company came crashing down. Todate I’m doubtful of our owner R Allen Stanford’s guilt. He is in federal for 100 years. I hurt for him and pray he is ok and hope he is not there being innocent. Any feedback??
Wow, I was glued to the screen. I’ve aways been afraid of committing crime because I am a terrible liar. This doesn’t mean I’ve never in my life lied, but I hate doing it. I was a skydiver, a senseless motorcycle rider so I am brave at some things but a pussy for illegal things. So I was nervous during your whole presentation. Thank you for the lessons.
I believe that the many of the same thought processes and rationalizations are the precursors and stabilizers of the entire spectrum of criminal activity. #TakeCareBeWellDoGood
Justin Paperny : Fascinating story, and thank you for sharing in such detail and painful accuracy. I loved the Ayn Rand quote at 27:53 : "You can avoid reality, but you cannot avoid the *consequences* of reality." That's the whole problem, isn't it? Many, perhaps most, humans rationalize a lot. They look for reasons to believe what they want to believe, instead of looking for truth as they should be doing instead. It's a failing of species Homo sapiens. It's just one of our flaws as a species. And it can sometimes lead to us going to jail. *Knowing* that, however, does help. If we *know* that we have the tendency to rationalize, then we can teach ourselves to do the opposite: change our beliefs to conform to the evidence instead of trying to spin the evidence to conform to our beliefs. Book recommendation: "Lying" by Sam Harris. Here's a link to a free copy. Don't worry, I'm legally authorized to do this. The copy you download is free. But if you elect to share it with others, you must pay a fee to Sam Harris. See the "Digital Honor Code" on the third page: drive.google.com/open?id=0B4bqaoxyUyDWeGVRdElMcks3bTQ
I think one big thing here, is no matter how much lying and cheating you've done. When you find yourself in that "interview" room, DON'T LIE TO THE POLICE. You can always say "I'm sorry but I cannot answer that question, because the answer could serve to incriminate me"
Oops mean to say,...prison guards and prisoners and their extended families are subject to retaliation and a fight for their life, just some have weapons and a possible flight before fight going for them. That’s a scary thing.
No matter what job you , your skill level and code in life, or how well you do your job, you will be exploited in some way -if you don't offer what specifically they" want" there. Some Employers don't care about anything except having enough people to fill the position (one example) . For some, quality doesn't matter, or even ethics and decency (workplace, or customer). There are many Narcs. in high positions, that just don't get it. It happens all the time, and most people can't Immediately do anything about it. And they know that, so they use you. That is why you must understand your worth in different areas/levels in life, or you will become bitter that you aren't appreciated, for all the good that you do,or for out preforming. You can't change people, but you can change yourself. and how you see yourself. Or even change your career/job . I believe that understanding your value, i n a positive and accurate way, is the first step towards personal growth. That is where I'm at. The first step on a very tall ladder..
I experienced federal prison for woemen in Canada 🇨🇦 its a long story....I was sentence 6 years for cannabis ..... I c was unfairly treated but I took my blows and moved on in my life ... prison in Canada is more humane than USA 🇺🇸
Someone else called this well crafted. I agree. I’m not sure you’re especially convincing. You say at first it was revenge and not greed which caused you to cheat. But the reality is you cheated for a certain materialistic lifestyle. You were greedy. Most of us have Jiminey Cricket sitting on your shoulder imploring us to have some integrity. Didn’t you have that inner voice? You never thought of how ashamed your family would be if you got caught? But didn’t you think your mother would have been ashamed of you even if you didn’t get caught? Didn’t you care about Keith’s “victims?” Didn’t you care that your fancy cars and Rolex watches were actually impoverishing others? What about them? If you needed to be indicted for a crime by the FBI then I don’t think I you had a conscience. You said unless you’re a sociopath you start to feel guilty. But your guilt never sat in your craw long enough for you to stop cheating on your own or make amends. You never thought about your mother until you were worried about her seeing the press release. It’s the notoriety. Writing that disclosure statement was enough to demonstrate the content of your character to me. These are not hard choices: these were simple ones. I’ve heard of many situations where good people make bad decisions. Really, really good people make dumb mistakes and pay terrible consequences - it happens all the time. To me you still sound like the guy who is only sorry because he got caught. You may have a great deal of good advice to offer: pragmatic answers to concrete questions for those who find themselves staring at punishment for white collar crimes. You built a whole new business based on the fact that you’re not a good person. I’d love to hear what you say when the camera is off.
Martha Stewart seemed more human after her white collar prison experience. The pain and shame, for prisoners for me is they people walk around on a potential cage match with death being a potential outcome. And just like the feds threaten to charge family members,....criminals and their family members threaten the families on the outside even to include law enforcement families. If the prisoner isn’t subject to a involuntary cage match as retaliation.
Many lawyers believe she was set up by the feds. They couldn’t get her on insider training so they claimed she lied to the agents. Her trial would have taken years out of her life so she cut a deal. There are questions of whether she should have been charged for lying when there was no underlying crime.
There is a stigma that comes with a white collar crime conviction. Telling the story effectively helps get the truth out. It also shows what the defendant or former prisoner is doing to make amends and the steps they are taking to life a law-abiding life.
How about taking the 5th? If your lawyer told you to take the 5th, you never would have lied and caught the obstruction charge. Of course, that would involve telling your lawyer what you actually did so he'd instruct you to take the 5th. I do realize you hired a civil lawyer rather than a criminal lawyer.
And what kind of lawyer lets their client interview with the FBI about emails the lawyer hasn't even read first? Any first year law student would know to tell you to keep your mouth shut. This is breathtaking incompetence. This guy says in other videos that he's advised clients to call the government and confess to crimes *before being charged or even investigated*. These videos should be called "how to make sure you end up in federal prison".
Baseball is funny that way... you watch games on TV, or sit in the bleachers, and the guys on the field look relatively normal. It's hard to judge at a distance, and amongst their peers. I remember the first time I went to a AA game and got to meet a couple of the players. You think they look normal compared to football or basketball guys... they're not normal. They are huge dudes. Baseball aint no joke, man.
Only part I didn't like about this video was your naming the people (granted, first names, but...) and the brokerages you were at. You coulda told your story without those specifics. Maybe I'm being too sensitive. Anyway I like your channel, I was just watching another video where you were talking about the Elizabeth Holmes reference letters. I'm all about personal accountability.
"It's not money it's about vengeance" It still is though. It's always about money... not because you need more, but because it is an abstract status symbol that carries no other worth. A scientist for instance, might be upset that someone gets more credit for a discovery than they did. But the drive for vengeance isn't as strong, because the science, the RAW SCIENCE and the RESULTS, is itself enough to satisfy a lot of those drives. Money is always just money. A wise man once said, "The love for money corrupts absolutely." He didn't say it was the love of attention, or fame, or recognition. If ALL your business is, is money... watch out. Because at the end of the day, it's only the bottom line.
Hey, Treos! I loved those things, Palm Pilots... in the late 90s/early 2000s I was a UNIX systems administrator (high-level computer stuff) and I used those things heavily. I was one of those nerds who kept one on my belt. I had a Sony Clie N90, it was like $700...I was hot shit! I can see how, as a person with a lot of contacts and a lot of data to keep organized, they would be useful in your field too.
It's funny the speech patterns.. when you say "150 million" etc... almost speaking as if it is yours. No, it's how much money was under your control for clients... but you guys FEEL like it is yours. You're right that it's not about the "money" per se, as in "What can I buy with this money?" But it's the same, it's an abstract number that measures success... it's like a high score in a video game. People cheat at video game high scores too, why? Only for the clout, to be recognized, to be seen.. to be counted as worthy.
Watching this video I'm torn by a few thoughts. Recently I having been watching a lot of "I Survived" (old TV show) videos recently which detail some of the most horrible crimes of rape, torture and attempted murder and my first thought about all this is, hey it's just a money crime he's detailing and this is not some bloodthirsty monster but just a greedy deceitful guy who rationalized violating his ethics training. But on the other hand I look at my life and how I work a low pay job saving up for years to finally have enough money to eventually buy a house for a cash auction one day fingers crossed, and how I would be totally crushed if some sketchy guy in one moment took the thousands of dollars I worked for years of my life to accumulate. In the end, you helped a thief for a cut of the action, and to some degree the client is to blame too. I remember when I heard about the rate of return Bernie Madoff was showing when he was finally busted. Did it not occur to anyone to ask how is this rate of return possible? Myself I am not that smart but I never would dream to invest in something without knowing how and why this fund generates a return. I respect that you are owning up to your crimes, well at least the crimes that were proven to have committed, but I still would never do any business with you unless you were in trouble and I had to save your life. Just remember one thing before it's all over. One day you will have to lay all your sins out for review, good Jewish you that you are, and you won't be writing any book about that day I can guarantee it.
Thanks for your comments. I did lay out all of my sins for review in my book, Lessons From Prison. You can get it for free at www.WhiteCollarAdvice.com.
What should’ve done is not spoke with the FBI without having a lawyer. Never lie to your lawyer they can’t defend you if they don’t know the full truth.
Damn Dude! Do you speak from a monitor or someone holding up cue cards? If you are winging this narrative naturally, and as far as I can tell, no content editing, you must be the smartest guy in the room! Seriously, this week marks the fall of the fraudsters at Enron. Great video post, by a contrite and sincere and highly intelligent and sincere human being. Thanks so much for sharing your story so eloquently. Good on you going forward.
Thank you for watching and for your compliments. No monitor or cue cards--just talking! I spent a lot of time in prison trying to better understand the motivations behind my choices. By the time I filmed this video, I had a lot of time to reflect. Happy Holidays to you and your family.
I’m new, so just seeing this video. I am so blown away by how excellent every video I’ve seen in mini-binge mode is.
I love the topics, but there’s so much value in them for all of us. I am impressed! Thank you I have lots of respect for you.
That’s such a thoughtful, kind comment. Thank you so much!!
@@WhiteCollarAdviceOfficial I've delved into your channel in following Chrisleys. You've taught me alot!!! I really enjoy your channel.
I can’t believe somebody can be as honest as you in telling a history like this. What a courageous man you are.
Thank you for this video, Justin. You probably won't believe this, but I quit finance because of this video. I've had a similar upbringing as you did and it seems like we share some personality traits too. Your story made me realize I've already started my way on this path: I started to lose any sense of morality, gained weight, drank a lot, had nightmares about work. Deep down I knew what I was doing was wrong but I slowly started to convince myself of the opposite. I've watched this video probably ten times now throughout the years and I finally quit two weeks ago. I am not sure I would have been able to make the first step if it wasn't for your openness and honesty. Wishing you the best.
Man, your story has MY heart racing. We've all lied and cheated to some extent or another, but your story is at another level. I can't IMAGINE how you felt during all of this.
I just randomly stumbled upon this and Im glad I did. What a great message.
Thank you for watching. Be well.
White Collar Advice When you say Cisco systems do you mean phones?
Fascinating story. I graduated HS in 94, went the trader route after my 7 and got my 55. After several years working as a trader in smaller firms, I ended up at Bear and was there almost at the end. I left 7 months before the sh!t really hit the fan after I was pushed to commit a felony for the 3rd time in my career. I thought by joining Bear, I'd get away from that element and not be asked to commit crimes, so I was devastated when someoneI admired suggested I do something that would have been hard to trace and rewarded us all greatly, that's was it for me and I quit the industry 3 weeks later. On all 3 occasions, the temptation and pressure was so powerful but thank God I resisted and left the industry without any victims or Skeletons in my closet. When BEAR went belly up and people I worked with went to prison, the feeling of validation I experienced was indescribable. I slept like a baby that night and never have looked back or missed the money.
No regrets Justin, you got out before it got way way worse and it would have. 2006 -2008 was an obscene time in the industry, you wouldn't have wanted to be around for it . Great story.
You dodged not only a bullet... but the firing squad!! That's some good karma right there.
Stumbled across you page … i was riveted by your story. Thanks for sharing. New subscriber.
Thank you very much. Welcome to our community!
You are so inspiring, I have a completely different background to you and we have nothing in common. However, I get so much from you videos thank you!
Thank you very much, Maria. I appreciate your comments very much.
Thanks for your story that is a masterclass of life lessons . I if you may connect with you via email I have questions? Thank you .
Nothing in common? That's odd.
@@mercster what's odd about that??
Justin, we all have made bad choices as young men. Some bigger than others and some that lead you to jail. It doesn't define who you are. The fact that you are taking the lessons you have learned and helping so many that are going through the same struggle is commendable. Keep doing the work that you do because it is an inspiration to so many, myself included. Thanks for sharing.
It does define who you are if you do nothing to undo the harm you’ve caused. Most of these stock brokers who’ve churned people’s accounts never actually go to jail, but they people’s in financial ruin like what happened to my mom. The creep who did it never did it was a relative and never did anything to make up for what he had done. So, yeah. That definitely does define him.
I was alongside Justin while he lived this chapter of his life. I know his story, I know his character, I am proud to be his friend. Justin has the amazing ability to connect with people of all types. Not on a superficial level, but he really gets it. I am 53 and he has been a dear friend for nearly 20 years. I believe his ability to reach people on a meaningful level is due in large part to his education in Psychology and his boundless appetite for knowledge. Justin listens attentively and reads incessantly on every subject imaginable. Justin has freakishly keen mental recall, He remembers every detail, almost photographically then formulates insightful thoughts based on this enormous collection of data assembled in his mind. Justin reminds me of a commercial that used to run on TV many years ago. It was a commercial for EF HUTTON, a money manager firm. In any event the commercial always ended with the slogan, "When EF HUTTON talks people listen". That is how I view Justin, When he speaks, I listen, because he always adds value. I am fortunate because I can call him frequently for advice, and I often do. He has laser focus and has set his sights on helping people. How fortunate for those in trouble to have a resource like Justin.
Funny he seems like a real unlikable cheap crook who still thinks hes smarter than the room though he went to prison. What an ass. If you think that highly of him you're probably a douchebag too. You crooks can all feel good about helping your little criminal community. You poor babies. "Whats it gonna be like when I go to prison?" How pathetic. Tip: its gonna suck I would guess.
I have such respect 🙏 You both have been instrumental in helping me, I am not in the "system", to realize how important it is to take personal responsibility. To live a life that holds myself accountable for what I say and do. Our very lives and freedom depends on an honest lifestyle and giving back to our communities. Much love and thanks for helping to open my eyes wider to the reality of life.
Beautiful words from a friend. Sometimes hard times lead us to find the real us, take responsibility, own it and move forward. You are lucky to have a friend you can talk.
I'm listening to your videos as I work from home and find your dealings in Federal Prison fascinating as well as your opinions/advice on Elizabeth Holmes. Keep up with the good content, sir and Go Irish!
Was a perfect, perfect message until the Go Irish!! Thank you so much for watching and commenting. Appreciate you joining our community. Fight On!
What an honest and interesting story. I saw you interviewing Craig Carton a few months back and found that very compelling as well. I subscribed to the channel. I find White Collar crime to be so fascinating as the line between right and wrong can easily be blurred with a few bad Decisions.
Rob nestor thanks so much for watching the video. I know it’s a fascinating subject. I’ve studied it for more than a decade and I continue to learn new things. Tomorrow I’m going to do a Facebook live on the 12 year anniversary of my surrender to prison. It will also stream to you youtube. Check it out if you can. Stay well!!
You are an incredible communicator and storyteller. You learned humility - a true gift.
Thank you so much for your kind words!
Well crafted Justin. Even though I've read your books I found this compelling to watch. The openness and honesty run deep. Thank you for allowing yourself to be vulnerable. It's a very difficult thing to do and I find it inspiring and helpful. Thank you.
Thank you for being so vulnerable. Your honestly is very rare and greatly appreciated. You are helping lots of people that you'll never meet, people who need the all important modeling of true vulnerability. Putting yourself out there, warts and all, for all to see truly shows your maturity of heart. We all can change. It takes great courage and great humility, just like what you have demonstrated.
Wow! You are so engaging. What a difference you are making in so many lives to speak the truth regardless if you are facing prison time. True freedom is being honest with oneself. Thank you for such deep insight into living everyday with freedom. God Bless you!
I love this comment!! Thanks so much. I love your true freedom line. So well said. Again, thank you!
Fascinating, heartfelt & a very worthwhile listen.
I spent 1990 to 2002 in DC at Resolution Trust Corp & then F.D.I.C.
Amazing perspective from the other side.
Peace, Justin
I stumbled upon your video by chance, watching it from start to finish and it has a powerful message for everyone willing to listen. No matter the level of crime or deceit owning up to our responsibilities is crucial to have a life worth living.
Soooo freaking courageous and inspiring. Whether or not the crimes in life we have committed ended us up in jail or just remorseful looking back, everyone can relate to your story of making the wrong choices. Learning from them rather than hating the world for your own self inflicted circumstances is character and you sir have an abundance of it . You're a good man.
Life changing. I’ve listened to so many of your vids. So good. Because I can relate.
Absolutely Amazing story! Thank you so much for sharing it.
The way he describes what happened; what went trhough his head, how he felt, what he did, how he describes you lost you liberty even years before you put a foot in prison, the money you spend on lawyers, etc. sounds a lot like the book called "The bonfire of vanities". Even when it's wrong, I am glad that is honor, ambitions, and dreams (all very human), and not pure greed and evil that motivated him and, many others, to do what he did. Thank you for sharing, and thank you for helping me understand what is behind white collar crimes, a human being, and that it is very similar to regular crime. Of course there is sociopaths doing white collar crimes; the same way there is sociopaths doing regular crimes, but I used to think that most of the white collar crime are done by sociopaths. the reactions are extremely similar to any regular crime committed by a any human with morals. The huge difference is that it affects way more people than regular crimes; I think this is the reason why the stigma around this type of crimes.
Thanks for your insightful comments, Edgar. It pleases me to know you have a better understanding of white collar crime. Most are not sociopaths. They are good people who made some bad decisions without considering how it would influence their life and the lives of others.
@@WhiteCollarAdviceOfficial Un uh. What makes most white collar crime so offensive to those of us who don't engage in it, is that those who do are usually, well educated, physically comfortable and already making a decent living. Rationalize your misconduct all you want, but that does not make it any less egregious, and more importantly, less immoral. ln reality, just the opposite is true. You knew better, had other options and did it anyway. Greed is greed. White collar crime is the ultimate Faustian Bargain.
@@frankmiller95 Greed compare to many violent crimes ARE less immoral. Based on what you are saying, even petty theft should get the same punishment as a murder.
The difference here of course is Justin has a conscious and is empathetic. Sociopaths do not.
Fascinating story told with palpable anxiety and tension. Well worth watching - you won’t see anything of this quality on TH-cam.
you are a great motivating speaker. I love watching your videos for the sincerety and truth you speak!
Vanessa Delgado I really appreciate your kind words. Thank you very much for sharing them. Speaking openly and honestly about my bad decisions has helped me overcome them. I wish you well. Thanks again for your supportive comments!
Hi Justin - fortunately, I am not going to prison but I watch a lot of TH-cam and your channel came up. So glad I watched because it makes me feel good that I have been ethical all my life and didn't cut corners. I just retired a few days ago and although very happy and grateful, I left feeling like I worked too hard, didn't make enough money, didnt get enough recognition and like I was less than people working there that were younger, lazier, dumber but made more money. After listening to you, I feel great that "I did it my way" like Frank Sinatra. I feel like I do matter and that I worked hard, saved my money and will have a great retirement. I also remembered why I don't like most financial advisors. I always got the feeling they just wanted to sale or either I knew more than them. I'm also so glad there are people who learn from prison and take responsibility and go on to live productive lives. You are so articulet and intelligent and down to earth. Keep up the good work and know that even people who are so far removed from crime and prison benefit from your voice! Thank you.
Congratulations on your retirement! I pray you will be blessed abundantly because I know good always wins. God bless you!
This may be one of the top 10 most intriguing and intriguing 'life-changings event' first person tellings that I have heard here on YT.
#TakeCareBeWellDoGood
Amazing, your testimony was great. I pray for you to have a successful future. Who knows, this may stop a white collar crime in the future because they heard your story.
Thanks for sharing this fascinating story
You are welcome.
I just got one year taking a plea deal in Hawaii. I've got a story to tell, how do I prepare myself for my one year as well as prepare to tell my story? love your video! thanks for helping and putting out your story!
Hi Sophina, I admire you for taking time to prepare. I would be happy to offer you some advice. Please send me an email to jp@whitecollaradvice.com. I will send you some of our private resources as well to help prepare you.
We've heard all this bullshit before. Save it. Write an apology to your victims and family. Mom and dad must be proud.
I'm with them.fuck your story,no one wants to hear it.u get a yr and destroyed peoples whole worlds.keep that shit to yourself
I love white collar advice. That’s what I call you, Justin, white collar advice, when I talk about this channel to a guy I know who was in Boron. I love this channel. And I finally got into Michael Santos. I listened to his book, prison! my 9000th something day. Life-changing. Period.
I appreciate your humbleness to openly share your story. 👍
Thank you so much.
Thank you for being so honest, I hope this helps others in similar situations stay clear of the temptation, not just for themselves but for their families and friends also.
There was a quote you made in this video, can anyone recall it for me, it went something like: it is not what you steal etc?
Thank you for sharing your story Justin.
I hope many many many people watch this. I like supporting Prison Fellowship started by Chuck Colson. At an event last year I listened to a man who spent a year in jail for white collar theft, he tried to hide his personal debt in his successful business. As much as you say its still hard to tell your story, sure I can understand it is. But you have such a powerful tool at your disposal. Perhaps the most powerful you have ever yielded. Authenticity. When I want to really connect with my son who is 6, I captivate him with authenticity. I look him in the eyes and share honestly whatever it is I am trying to teach him and I let him respond with whatever observations or ideas he has about it, and then I ask him to help me be the same. If I want him to clean up after himself because it will give him a better future, I ask him to help me remember to clean up after myself. To be able to captivate is usually only really done one way. We honestly embrace what we are being exposed to, told, shared etc. Honestly we do it. We may be lied to, we may be not, but we embrace it honestly. To be able to credibly share with others that you were a lair, you got caught, you got punished and you are sharing that in an effort to prevent someone or anyone from turning away from the temptation, its all we are asked of. I am rambling and its 130am. Anyway be encouraged!
Thank you for sharing your story with us. I am glad it is all behind you 🌹🌹🌹
Makes me think of all of the indiscretions I have made throughout my life. It may have not have been hundreds of thousands of dollars but most of us have lied and deceived people around us. Now that I think about it even though they're small lies they do affect victims. Thank you for your post I'm surprised you don't have lots more subscribers. I'm pretty sure there's something you could do with TH-cam if you wanted to change that
I really liked your brutal honesty with yourself. If only all white collar criminals, naw, if only the rest of society was like you in that regard.
Hes a cheap crook.
Wowzer. The takeaway: DO NOT LIE, EVER. Great story recounting. Sign of an educated, sharp mind. Imho.
Thank you so much. I’m going to film it again, live, with new insights. Planing to do it Tuesday. Happy to have you here.
Thank you so much for your honesty and content. God Bless You .
Thank you very much.
I feel very honored to have heard your story. You told it well.
You’re kind. Thank you.
Justin, thank you for sharing your story. It takes a lot of courage and a man of humility and authenticity to do this. I agree that our choices do create pay-offs, but ultimately don't out weigh the costs. The ramifications of our choices reach far beyond our imagination. I believe that your story will reach out to other people committing white-collar crimes and help them to rationalize their situation and see what could really happen and stop what they're doing. We need more people like you to transparently tell their story, therefore this will help to decrease the prison population. They need to know that the time behind bars is nothing compared to the life lost during the time a Federal cases pending against you.
Honesty is of value no matter how late it comes. Great video 🖖🤓👍
Thank you so much! Happy New Year!
Hey Justin I want to salute you for another great video and for sharing your story. I admire your honesty and courage to do your videos. I really respect how you don't sugar coat what a white collar criminal is and how you educate up and coming individuals who might consider doing this crime or who is doing so now. The book I just finished writing is in its formatting stage right now and should be released next month and one of the characters I wrote about is white collar. Your words confirmed I wrote exactly what needed to be wrote in my book to educate. Thanks for your wisdom and humility to teach. One Love
Thanks for your comment and for watching my video. Congrats on your book. How can I get a copy? I would be happy to buy it.
Hey Justin how are you. Thanks alot. Got great news. Two directors picked the book up today for their Prevention and Intervention programs. Truly blessed. The book is available at www.createspace.com/6887010
wowww thank you for sharing your story with us God bless you.
You're welcome. I appreciate you taking the time to watch. Happy New Years to you and your family.
A thoughtful and well presented explanation Mr. Paperny. Thank you.
You're welcome. Thanks for watching.
thank you for the knowledge.
You're welcome. Thank you for your interest in my work. Best to you.
Justin, what a wonderful story of maturity and self-examination. Yours is a prison story that actually has a satisfying ending. Godspeed from one of those overpaid lawyers.
33:00 QUE the Drag Net theme music,,,,,,,,,nothing worse than that.Reminds me of a CCR song,,,Fortunate Son,,,,,,,
powerful story-thanx.
I bet this video is viewed by everybody. I have to say I was always put on edge by your sales style, but now I get it. As an introvert I really admire you though. Or marvel perhaps is closer!
Thank you for watching! There is a great book by Susan Cain on introverts. Here is link. Happy New Years! www.amazon.com/Quiet-Power-Introverts-World-Talking/dp/0307352153
Great story my fathers in federal camp damn thanks for this video.. we all do things that's not right.. but I thank you for this story! Funny you said the Feds left you alone for a year.. then came after you thought you were good.. that's a mutual feeling
Glad to have stumbled across this
Thank you and welcome to our community.
Good to remember that we are all part of a family and a system and a community and that what we do has inexorable consequences. But Mr. Paperny I admire you so much.
Thank you so much!
Easy to admit wrongdoing AFTER the experience. What is powerful is those who admit wrongdoing DURING the moment - that's true honesty. Keep working on it. You might get there
that was good advice. don't engage in further criminal activity when you are working with the feds/or any time.
Thank you!
Wow that was a good story just subscribed
Thank you and welcome to our community!!
Thanks for this video, do you have a DM were I could ask you a few questions?
Well done💜
Thanks!
I love your videos. They teach to make the best out of every circumstance. This is a great and fundamental lesson. Upon watching this video, I want you to know (if you are not totally aware of it) how privileged you were (and perhaps, are). As a very educated Black guy with multiple advanced degrees, I don't see the trajectory of my career in finance and as a real estate broker ever moving the way yours did before prison--unless I was born to a big celebrity or I went to Harvard, or some other really prestigious school--and excelled there--academically and socially. You touch on some awareness of this in this and other videos. But I hope you always keep this in mind. For me, it was difficult to listen to the ease at which you moved in these privileged circles.
Kenny was a dangerous piece of office equipment.
I don't quite understand the quote that said you can avoid reality but not the consequence of reality. What's the difference between reality and the consequences of reality?
This story is poignant and to the point. I. also tried to rationalize my crime and blew the first proffer thing I could convince FBI that I wasn't guilty. If I had known Justin and gotten his advice, I really believe I would have gotten a better outcome. This information is a must for for anyone under investigation.
Thank you for watching.
Wow. Thanks for sharing your story. Question: If you had declined the FBI interview (and therefore had never lied), do you think DOJ would have pursued other charges against you?
If I did not lie to the feds they would not have pursued charges against me. The cover, as the cliche holds, can be worse than the crime.
@@WhiteCollarAdviceOfficial How just having told the truth?
@@frankmiller95 yes. Being open and honest as early as possible could be more beneficial than anything else when/if sentencing occurs. Judges want to see remorse and being honest with the fbi could be a signal of remorse.
@@WhiteCollarAdviceOfficial my mother taught me when I was a young boy. Just confess, fess up to what happened and the punishment will be less. Over the course of my childhood I learned that. And anytime there was a problem I learned to tell my parents truthfully what was going on. It led to a great relationship with my mother
Can you do a video on tips that made you do well as a real estate agent?
It's crazy how you can convince yourself to make bad decisions, and your right your inner self with not agree w it afterwards
Hi there - looking for info on Jose the councilman I have come across your videos. I worked at Stanford Financial Group thru 1990 to 2009 - as a secretary and bam our company came crashing down. Todate I’m doubtful of our owner R Allen Stanford’s guilt. He is in federal for 100 years. I hurt for him and pray he is ok and hope he is not there being innocent. Any feedback??
It's very interesting to hear what your thought process and justifications were. People can justify anything, can't they?
U gota remember all those emails or just or dont dirt, but how could they prove u remembered it
Wow, I was glued to the screen. I’ve aways been afraid of committing crime because I am a terrible liar. This doesn’t mean I’ve never in my life lied, but I hate doing it. I was a skydiver, a senseless motorcycle rider so I am brave at some things but a pussy for illegal things. So I was nervous during your whole presentation. Thank you for the lessons.
Thank you for watching and commenting.
I love this guy so much. Wow. Everything.
I love this story!
Thanks!
@@WhiteCollarAdviceOfficial every time I listen to this story it really makes me reflect on my own integrity at work too. So thank you!
Bravo 👏
Thank you
I believe that the many of the same thought processes and rationalizations are the precursors and stabilizers of the entire spectrum of criminal activity.
#TakeCareBeWellDoGood
Justin Paperny : Fascinating story, and thank you for sharing in such detail and painful accuracy. I loved the Ayn Rand quote at 27:53 : "You can avoid reality, but you cannot avoid the *consequences* of reality." That's the whole problem, isn't it? Many, perhaps most, humans rationalize a lot. They look for reasons to believe what they want to believe, instead of looking for truth as they should be doing instead. It's a failing of species Homo sapiens. It's just one of our flaws as a species. And it can sometimes lead to us going to jail.
*Knowing* that, however, does help. If we *know* that we have the tendency to rationalize, then we can teach ourselves to do the opposite: change our beliefs to conform to the evidence instead of trying to spin the evidence to conform to our beliefs.
Book recommendation: "Lying" by Sam Harris. Here's a link to a free copy. Don't worry, I'm legally authorized to do this. The copy you download is free. But if you elect to share it with others, you must pay a fee to Sam Harris. See the "Digital Honor Code" on the third page: drive.google.com/open?id=0B4bqaoxyUyDWeGVRdElMcks3bTQ
Thank you for commenting and for sharing this book recommendation.
I would like to utilize your services.
This is why I do not use my accounting degree in the USA not after I followed the Enron case
Did you make all 18 months?? Or do you make any programs to reduce sentence??
Priscy Crappy things no programs. I was eligible for good time of 2 months and 21 days.
I thought hedge funds were not allowed to advertise?
Oh, they advertise!
I think one big thing here, is no matter how much lying and cheating you've done. When you find yourself in that "interview" room, DON'T LIE TO THE POLICE. You can always say "I'm sorry but I cannot answer that question, because the answer could serve to incriminate me"
Good advice.
Natalie, a criminal lawyer on TH-cam, says, “don’t talk to the police, even if you are innocent. Ask for a lawyer.”
very similar actually exact backgound with Securities. hit home
allen roths thanks for watching. Hope you found it useful.
Oops mean to say,...prison guards and prisoners and their extended families are subject to retaliation and a fight for their life, just some have weapons and a possible flight before fight going for them. That’s a scary thing.
No matter what job you , your skill level and code in life, or how well you do your job, you will be exploited in some way -if you don't offer what specifically they" want" there. Some Employers don't care about anything except having enough people to fill the position (one example) . For some, quality doesn't matter, or even ethics and decency (workplace, or customer). There are many Narcs. in high positions, that just don't get it. It happens all the time, and most people can't Immediately do anything about it. And they know that, so they use you. That is why you must understand your worth in different areas/levels in life, or you will become bitter that you aren't appreciated, for all the good that you do,or for out preforming. You can't change people, but you can change yourself. and how you see yourself. Or even change your career/job . I believe that understanding your value, i n a positive and accurate way, is the first step towards personal growth. That is where I'm at. The first step on a very tall ladder..
Did you walk on the USC baseball team or a scholarship?
Great
Have you ever thought about talking to @Bigherc916.
He will help you spread your word
Thank you for the suggestion. I know he recently did a series of interviews with my partner, Michael Santos.
I experienced federal prison for woemen in Canada 🇨🇦 its a long story....I was sentence 6 years for cannabis ..... I c was unfairly treated but I took my blows and moved on in my life ... prison in Canada is more humane than USA 🇺🇸
Someone else called this well crafted. I agree. I’m not sure you’re especially convincing. You say at first it was revenge and not greed which caused you to cheat. But the reality is you cheated for a certain materialistic lifestyle. You were greedy. Most of us have Jiminey Cricket sitting on your shoulder imploring us to have some integrity. Didn’t you have that inner voice? You never thought of how ashamed your family would be if you got caught? But didn’t you think your mother would have been ashamed of you even if you didn’t get caught? Didn’t you care about Keith’s “victims?” Didn’t you care that your fancy cars and Rolex watches were actually impoverishing others? What about them? If you needed to be indicted for a crime by the FBI then I don’t think I you had a conscience. You said unless you’re a sociopath you start to feel guilty. But your guilt never sat in your craw long enough for you to stop cheating on your own or make amends. You never thought about your mother until you were worried about her seeing the press release. It’s the notoriety. Writing that disclosure statement was enough to demonstrate the content of your character to me. These are not hard choices: these were simple ones. I’ve heard of many situations where good people make bad decisions. Really, really good people make dumb mistakes and pay terrible consequences - it happens all the time. To me you still sound like the guy who is only sorry because he got caught. You may have a great deal of good advice to offer: pragmatic answers to concrete questions for those who find themselves staring at punishment for white collar crimes. You built a whole new business based on the fact that you’re not a good person. I’d love to hear what you say when the camera is off.
I saw the same things on and off camera.
SC guy...figures. I come from a USC family...the level of entitlement in our family is astounding..
" When you exist in a police state even cutting a smelly fart is a crime ". Andy Okus.
Riveting and so introspective!
Thank you for watching!
The good people are they. Who had an out of character moment!!??? Really!!???
Martha Stewart seemed more human after her white collar prison experience. The pain and shame, for prisoners for me is they people walk around on a potential cage match with death being a potential outcome. And just like the feds threaten to charge family members,....criminals and their family members threaten the families on the outside even to include law enforcement families. If the prisoner isn’t subject to a involuntary cage match as retaliation.
Many lawyers believe she was set up by the feds. They couldn’t get her on insider training so they claimed she lied to the agents. Her trial would have taken years out of her life so she cut a deal. There are questions of whether she should have been charged for lying when there was no underlying crime.
Why do you feel it's so important that a person tell their story?
It gives others in the same situation hope
If you do not learn to tell the story and own the narrative, others will always judge you based on some bad past decisions.
Yes. And it teaches them that there is no need to run from it. Good people make bad decisions.
There is a stigma that comes with a white collar crime conviction. Telling the story effectively helps get the truth out. It also shows what the defendant or former prisoner is doing to make amends and the steps they are taking to life a law-abiding life.
How about taking the 5th? If your lawyer told you to take the 5th, you never would have lied and caught the obstruction charge. Of course, that would involve telling your lawyer what you actually did so he'd instruct you to take the 5th. I do realize you hired a civil lawyer rather than a criminal lawyer.
Yes…the first sign of trouble, call a lawyer. I wonder what would have happened if you’d done that.
And what kind of lawyer lets their client interview with the FBI about emails the lawyer hasn't even read first? Any first year law student would know to tell you to keep your mouth shut. This is breathtaking incompetence. This guy says in other videos that he's advised clients to call the government and confess to crimes *before being charged or even investigated*. These videos should be called "how to make sure you end up in federal prison".
WATCH THIS!
Baseball is funny that way... you watch games on TV, or sit in the bleachers, and the guys on the field look relatively normal. It's hard to judge at a distance, and amongst their peers. I remember the first time I went to a AA game and got to meet a couple of the players. You think they look normal compared to football or basketball guys... they're not normal. They are huge dudes. Baseball aint no joke, man.
Only part I didn't like about this video was your naming the people (granted, first names, but...) and the brokerages you were at. You coulda told your story without those specifics. Maybe I'm being too sensitive. Anyway I like your channel, I was just watching another video where you were talking about the Elizabeth Holmes reference letters. I'm all about personal accountability.
"It's not money it's about vengeance" It still is though. It's always about money... not because you need more, but because it is an abstract status symbol that carries no other worth. A scientist for instance, might be upset that someone gets more credit for a discovery than they did. But the drive for vengeance isn't as strong, because the science, the RAW SCIENCE and the RESULTS, is itself enough to satisfy a lot of those drives. Money is always just money.
A wise man once said, "The love for money corrupts absolutely." He didn't say it was the love of attention, or fame, or recognition. If ALL your business is, is money... watch out. Because at the end of the day, it's only the bottom line.
Heh... glitch in the system == overriding conscience.
Hey, Treos! I loved those things, Palm Pilots... in the late 90s/early 2000s I was a UNIX systems administrator (high-level computer stuff) and I used those things heavily. I was one of those nerds who kept one on my belt. I had a Sony Clie N90, it was like $700...I was hot shit! I can see how, as a person with a lot of contacts and a lot of data to keep organized, they would be useful in your field too.
It's funny the speech patterns.. when you say "150 million" etc... almost speaking as if it is yours. No, it's how much money was under your control for clients... but you guys FEEL like it is yours. You're right that it's not about the "money" per se, as in "What can I buy with this money?" But it's the same, it's an abstract number that measures success... it's like a high score in a video game. People cheat at video game high scores too, why? Only for the clout, to be recognized, to be seen.. to be counted as worthy.
The US incarnation rate is roughly 1% , that’s an A+ as far as I’m concerned. Prison sentences are a different story.
Watching this video I'm torn by a few thoughts. Recently I having been watching a lot of "I Survived" (old TV show) videos recently which detail some of the most horrible crimes of rape, torture and attempted murder and my first thought about all this is, hey it's just a money crime he's detailing and this is not some bloodthirsty monster but just a greedy deceitful guy who rationalized violating his ethics training. But on the other hand I look at my life and how I work a low pay job saving up for years to finally have enough money to eventually buy a house for a cash auction one day fingers crossed, and how I would be totally crushed if some sketchy guy in one moment took the thousands of dollars I worked for years of my life to accumulate. In the end, you helped a thief for a cut of the action, and to some degree the client is to blame too. I remember when I heard about the rate of return Bernie Madoff was showing when he was finally busted. Did it not occur to anyone to ask how is this rate of return possible? Myself I am not that smart but I never would dream to invest in something without knowing how and why this fund generates a return. I respect that you are owning up to your crimes, well at least the crimes that were proven to have committed, but I still would never do any business with you unless you were in trouble and I had to save your life. Just remember one thing before it's all over. One day you will have to lay all your sins out for review, good Jewish you that you are, and you won't be writing any book about that day I can guarantee it.
Thanks for your comments. I did lay out all of my sins for review in my book, Lessons From Prison. You can get it for free at www.WhiteCollarAdvice.com.
What should’ve done is not spoke with the FBI without having a lawyer. Never lie to your lawyer they can’t defend you if they don’t know the full truth.
Never lie to your lawyer! I agree and learned the hard way.
Honestly I don’t blame you.....
Damn Dude! Do you speak from a monitor or someone holding up cue cards? If you are winging this narrative naturally, and as far as I can tell, no content editing, you must be the smartest guy in the room! Seriously, this week marks the fall of the fraudsters at Enron. Great video post, by a contrite and sincere and highly intelligent and sincere human being. Thanks so much for sharing your story so eloquently. Good on you going forward.
Thank you for watching and for your compliments. No monitor or cue cards--just talking! I spent a lot of time in prison trying to better understand the motivations behind my choices. By the time I filmed this video, I had a lot of time to reflect. Happy Holidays to you and your family.