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- เผยแพร่เมื่อ 11 พ.ค. 2023
- Jason Kurland made a name for himself by becoming America's go-to lawyer for lottery winners who didn't know what to do with their sudden wealth. He promised he'd keep his client's anonymity and money safe by making financial decisions under his name. But this isn't an ordinary story of some guy taking advantage of people - there's scams within scams, Mafia members, Covid opportunists, a Ponzi scheme... and a BBL specialist.
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Just crazy. And even when these horrible people get caught and found guilty, it’s not like you’ll ever really get paid back. Wow.
What does dkf stand for?
Funny how the banks and insurance companies will get pay outs from the feds, but genuine victims get dirt.
One of the worst feelings in the world is when you realize you were ripped off. I can't imagine how these people felt over losing millions.
Especially after the thrill of having won it to begin with. Just devastating.
the money came from bad wont be good for the owner
I cant even stand being over charged $4.79 at the grocery store on a clearance item 😂
i'd rather be scammed out of millions as a billionaire than be scammed out of thousands as i am now honestly
Beth Smith was doing everything right, even using a damn burner phone to call the lawyer!
@OmarJano. Signing over her money to a stranger was as dumb as it could get.
The fbi just sat there and watched her money being spent building a case……nonsense
Any lawyer would be a stranger. Any person who looks after money would be a stranger. 🤦♀️
Dude straight up even looks like a sleezy lawyer.
He's a walking stereotype.
HE IS
hahaha
That's what I was thinking. He doesn't look trustworthy.....
Nah. You only say that after the fact. You'd be just as dumb if you had won the lottery.
This is why you need to hire a *team* of lawyers and accountants. Like have six of them from multiple firms and don’t go cheap- you are a newfound billionaire, hire an A-team.
You are very smart. Hiring one person, and you could find yourself in a world of trouble. Having 3 different advisers who do not know each other is the vest way to go. And for insurance policy, you hire a lawyer who looks over everything. This way, everyone is controlling each other. To cheat you, they must all be in on the scam (which is unlikely because they do not know each other). But to hire one person is a big red flag
$1.6 billion, hire 16 teams to manage $100m each.
So you saying paying a team of lawyers over two million a year plus the taxes they have to pay on top of that and then you got to pay extra money to have the lawyers actually do something
Paying lawyers is the dumbest thing you can do lol
The wrong people have access to lots of money. *Everyone* in this story frustrated the hell out of me.
Even the victims...
This scumbag stole $83 MILLION DOLLARS from that poor couple!- now they only have..? …🤔 ...🧮 …🧐 ...$795 MILLION!!? That sick monster! That evil POS! That no good dirty rascal! That slippery ol’ rapscallion!! 🤬‼️
@@PeterZaretskiy YES YES YES!! Couldn't have said this better! As a kid I even thought this, I don't understand how ADULTS can't
some of them get into these kinds of careers just so they can get to do this kind of bs.
Except Dr. Butt Fixing or whatever his name was. Yeah, he was looking to get out of paying taxes, but basically every wealthy person does that. But he caught wind of what was going on and turned in his own brother-in-law. If he hadn't done that, these crooks would have continued to siphon off the lotto money until it was gone. He was really the hero of this story
I would have never suspected the son of a convicted mobster to be acting inappropriately.
When I heard the name Frankie I was already suspish, before his pedigree was mentioned 😂
He was absolutely set up, partner at a law firm and was being paid 50k a month just to manage Beths finances, in addition to whatever the others were paying him. I mean he had to of been making a mill or two a year completely legit but still decided to scam these people what a man
PRESS RELEASE update...
“Lottery Lawyer” Sentenced To 13 Years In Prison For His Role In Schemes To Defraud Lottery Winner Clients Of More Than $100 Million.
greed, there is no end
It never ceases to amaze me how greedy people can be. Great video!
It never ceases to amaze me how stupid people can be
It will never be enough... on to the next!!
WHEN PEOPLE GET GREEDY, THEY GET STUPID.
That plastered on smile of his spoke volumes. Never trust a person who’s constantly smiling at nothing ! it’s not normal.
Greedy Greedy Greedy
Why can't 50K a month be enough? I'd be over the moon to make that salary.
People usually get used to their income after some time
this is easily my favorite random find of a channel in a long time...criminally underrated & deserving of many more subs! i hope you find the success you clearly deserve. :)
you never EVER give access to your money, to someone else, let alone let them setup bank accounts where they have control over them.
EVER.
That’s exactly what I was thinking
Especially when it starts off by saying she wanted to do things correctly and wisely lol she literally made every mistake in the book.
Agree. Sounds like she didn't do everything right after all
insanely underrated creator, never a disappointing video! can't wait for when you blow up
“Cheddar capital” doesn’t sound cheesy or sleezy AT ALL
😂😂 ikr.
Well, cheddar is actually a cheese
@@user-mm4yj7nc5r Thank you, Captain Obvious.
I picked a winning
ticket in my country’s national lottery- nothing at all comparable to this amount of money, but it was a lot for my family- and my parents drilled into me to keep my mouth shut. Otherwise, relatives would come crawling out of the woodwork.
I was very young at the time, 5 or so, so I didn’t quite understand what was going on at the time.
Eventually, the family did find out and my grandmother immediately threw a tantrum, demanding my mother fork over money to “help out” a good for nothing uncle.
You were 5 when you won the lottery?
@@almostkinda I picked the ticket, yes. My family handled the actual prize money as I was obviously too young.
Also, as I mentioned, we are not talking millions here. Just enough to make an impact in an average family’s life. It changed our lives but it did not make us rich, let alone millionaires.
Let's say OP won $100000. That'd be enough to get relatives angry at you for not getting "their piece of the pie" while also changing your own life.
@@TheNewRobotMasterExactly. I’m pretty sure it was considerably less than that, too. But enough to make people very angry if the money was not “shared”.
Many cultures believe they are entitled to a piece of any more successful relatives income. Google south africa black tax.
This has to be my favorite new channel on youtube. You guys rock keep it up!
Here is the thing, you need TWO!!! Two lawyers/two accountants, so this shit don't happen! So you can get two different versions of advice. I know people want to 'set up' their financial lives so they don't have to worry...worry, always check in always know what is going on, otherwise people can spout mumbo jumbo at you and you think its solid guidance. Don't be lazy with your finances.
Yeah until those two collude to defraud you lol. No she should have told the media she wanted to be anonymous and controlled her own money instead of blindly trusting someone with all that money
@@makatelli you don't tell them, you make each one think they are solo in charge.
Just like biggie smalls rapped about ... However didn't live the life dying with only $2500 in the bank...however Puff Faggy Daddy a multi millionaire
@@dietdrpepper15 sooner or later, theyll cross their path. When that happen, when they connected the dots, theyll fuck you up in the ass
@@dietdrpepper15 good idea in theory but if your CPA and accountant are worth anything they would be able to surmise that you have another one.
It is often said that “it’s better to take the lump sum” this makes a good argument for taking the annuity option
50,000 USD per month to manage someone’s bank account!! Plus a flat fee or 200,000 USD just for picking up the prize.
He must have saw them coming from a million miles away
Negotiating with someone who hasn't managed more than a $10K net worth who suddenly has access to $1B has got to be the worlds easiest negotiation. To them, its straight up monopoly money and they have no idea what things "should cost" other than "ultra wealthy people pay lawyers a fortune" - thats all they've got to go on and the money probably doesnt even see real to them.
Lmao nah they’re just dumb , it’s a such thing as common sense
Such a greedy lawyer and his mafia gang. I wonder why these people who goes to the lawyers, rather than the banks.
I’d rather my identity be revealed than put my fortune under some lawyers name💀 thought it was common knowledge that lawyers are sleazy
Winning 1.5 billion dollars pretty much requires you to hire lawyers, accountants, and finance people. Probably an entire team. But why hire this sleaze ball? There are literally a world of options, competent law firms exist in every single city
Same. I'd make plans to permanently move, collect my winnings, change my name, and peace out as soon as possible.
There have been lottery winners who concealed their identities by wearing costumes and masks when it was time to collect their money.
Not all lawyers are the same but yeah know what you mean
It's common knowledge, on TikTok.
Retaining a lawyer is exactly the right thing to do if you win the lottery. They just got unlucky or went about it the wrong way.
There are a lot of people that would be willing to spend nine years in jail in exchange for $56 million dollars.
Just discovered this Chanel about 3 hours ago and I'm hooked 😊
They should have lawyer insurance for cases like this,, the terrible thing is that the amount of corrupt lawyers is massive and they almost never get caught
As a former New Yorker, Frankie Russo's name jumped out at me.
The fact that he only got 13 years max is awful
Excellent video once again. Absolutely fascinating. Your editing is getting phenomenal!
This is one of my favorite vids from you all. A good rewatch.
your channel seriously deserves more
$50,000 a month holy cow
Yeah, this was a huge red flag…
Den too people not satisfied
I did calculations and Beth had been married for 36 years. So, she was probably like 61 when she won the Lottery, I'm assuming she maybe got married at 25. That's when MANY people get married, after graduating College and working for like three years (They start working at around age 22) Just Jason's $50,000 retainer fee is 600,000 a year and lets say Beth died at 91, 30 years after hiring Jason as her Lottery winner and he did not go to prison for theft. She would have given him 18 million JUST as a retainer fee. Not too bad out of a 878 Million lump sum after taxes. 😏 Jason screwed himself royally by stealing the 107 million. He could have gotten much more legally if he waited 30 years and had like 500 Clients over that 30 year period. With a 50,000 a month/$600,000 a year and 18 million for 30 years, he would have had 9 BILLION in the clear. Even if we go super realistic and he only has 10 Clients for 30 years, he would have still had 180 Million in the clear after 30 years. He fucked up badly.
@@karicewillis No doubt
@@27management Yep, he fucked himself over by being greedy... Now no one trusts him and he's going to be in prison for around 14 years. What a sad fall from grace for him! 😩
Story of my life: you do everything right and things still go wrong. Hard to know who to trust!🙄
When anything above about $10M+ is involved, you should trust no one.
@@reprovedcandythen you can't do anything with the money
I’m amazed to see it actually completed as I have seen many stories about the build mess over the years !
God fucking dammit every time Long Island gets brought up it's never good.
Just goes to show you even rich, successful people can still be idiots when it comes to money. I mean, shoeboxes full of cash? Really??
Being smart enough to make a lot of money doesn't necessarily mean being smart enough to keep it.
Great video my friend. Only a matter of time until this channel has over 1 million subscribers. Keep up the great work.
hiring a lawyer that you, and no one you know knows, is dumb. having someone who is not a fiduciary manage your money is very dumb
The problem is that typical family/local lawyers will very likely not have experience in dealing with the likes of huge sums of money stemming from estate/inheritance/lottery procedures, etc.
What you are best doing is seeking out the biggest most prestigious firms available, then meeting with as many as possible. This firm should only be there to help you get through the initial stage of the process. Once you have cleared that & received the money, it should be turned over to professionals.
@@jamesh8862exactly this, yes
Your videos are criminally underviewed! Here is to hoping the algorithm picks you up!! 🤞
Man, your channel deserve millions of subscribers. Good video as always.
What is that in your current profile picture? It looks like Red Dragon Archfiend fused with Silent Swordsman.
Cut out the middle man - you can lose your money just fine all by yourself
. . . and have more fun in the process
I got a bad feeling the moment i saw the guy. Reminds me of Buster on Arrested Development. Edit: im referring to the "lottery lawyer".
Who in the RIght mind would trust a Corporate Lawyer. This are scum of the Earth
In france if you win lottery, could be up to 120 million, first you get taxed almost alf of it, BUT, they have teams of lawyers and advisors, to help you not get ripped of and lose your money in dumb ways, and that is pretty nice, i would be so scared to have that much money, i would not waste it, but people are mostly evil when it come to money.
Marvelous as always mate
Needed things to do before the laker game. Thank god you uploaded 👍
Quite new to your channel. Just wanted to say i have enjoyed the videos iv watched so far & find the topics interesting with clear presentation. 😁
Lfg. Perfect timing. Legendary as always. OKAYOKAY I'm diving into the video now.. everyone shhh and get the popcorn out. 🍿
Are you high? Lacking coherence ?
How do people think they can get away with this stuff?
Because they do...even if they go to jail, most times it's not long enough so that they can do it again, just better since they learned from experience. And more times than not, they can't pay that money back. There will always be scammers, we as a people just need to be smarter.
Balling out at Dick’s Sporting Goods 💀
It’s the fact …that I literally just started following that Dr on TT
Great video, subscribed! Keep releasing content please
I swear lottery winners treat their winnings like monopoly money!
$50k a month for his services?????????? Wtf, idgaf if he was considered "one of the best" that's too much money. THAT'S 600.000$ ANNUAL SALARY, AND THAT'S JUST OFF ONE CLIENT. And I know it's rare to win the lottery, so he may not have as many clients as a regular lawyer, but statistically, within a year, there have definitely been more than one winner per lottery company available. Even if there were only 5 winners, and 3 of them go to this guy for his services in one year, THAT'S 1.8 BILLION FOR THAT YEAR. Bro
1.8 million maybe?
I wouldnt be talking so much shit considering you cant do 600k x 3 lol
@@Xydorf lol yeah my b, million😂
@@revupthosefryers9177 talking shit? Ight nigga I made a mistake
This was a really interesting video, thank you
reading is fundamental…you got the $ to EDUCATE yourself on what to do next. LAZINESS will always be anybody’s downfall
At least she didn't get completely wiped out. In the end, he stole about an fourth of her after tax winnings, so her family should still be fine for generations.
A guy named Frankie Russo isn't somebody I'd want involved my finances.
Beats someone with the last name "stien" or "burg". But yeah anyone italian should be on an immediate blacklist for potential lawyers, or potential anything really. Italians in america are just bad news, and it's best to not risk it, because at best, you avoid any chance at dying, at worst, you get called racist against italians. But if you trust italians then the best you get is a chance at death, but maybe they won't completely hate you? At worst you get cement shoes for accidentally making one with mob ties angry.
Greedy people, had more than enough but still wanted more! And that goes for all of them 👍👍👍
God i feel so bad for Beth. She tried to do EVERYTHING right!! I really can’t believe there are people out there that are so slimy and horrid and disgusting like this.
(I mean, I _can_ believe it, but i surely don’t want to)
I feel bad for her too. Tried to do the right thing, ended up accidentally hiring the WRONG person.
What a funny story!
why trust a lawyer who advertises and is from new york, of all places. that's just asking to get scammed.
He definitely had a bus stop seat ad (no offence to Jimmy Mcgill
Kkkkk
Lkkomk
if you win the lottery don't go to a "lottery lawyer" just get ahold of the highest end law firm you can and also just offer them a fuckton of money in exchange for super strict conditions
What super strict conditions if you don't know anything about it?
First mistake was hiring a New York lawyer.
4:28 Suddenly, a young Rudy Giuliani on the right side
J6 was worse than 9 11
Literally sitting on a pile of gold from Beth but decides to get greedy luckily for Beth she still has 1.4 billion left lol
The advertised amount of MM/PB & co are based upon 30yrs of yearly payments (annuity.) The lump sum is payment always (depending on inflation) swings between 50 - 60% of that.
In this case she won, $1.537,000,000 which translated to a lump sum payout of $877,800,000. 37% federal tax was of that amount was removed which left her with $553,051,045. Finally local state tax (6.5%) was also taken leaving her with a final walk away sum of $495,994,045.
While she still has plenty of money left to live a luxury life, they scammed her of a huge percentage of her winnings.
@@jamesh8862 In Britain, if you win the lottery, you keep the whole sum.
There's no tax on lottery wins.
Hard disagree. Just sounded like someone trying to invest wisely like anyone would. Did you forget the part where she literally invested in the PPE contract and said to donate any profits to charity. Actually sounded like a really nice person, glad they didn’t loose every cent because they got duped by someone they trusted
@@jamesh8862 sounds like the government scammed her before she even got a single dollar 😂
@@jamesh8862 She still has $400m+ that's a lot of money earned from literally doing nothing. Lotteries are crazy
How is this only at 10k views, let's get this up.
Hey amg! I stumbled across your channel a little while back and have been loving your content. Your productions are incredibly detailed and you definitely deserve more views. Have you thought about branding yourself? I am not sure if your name has any significance to you, but perhaps a more professional sounding name would better reflect your quality of work. When scrolling through recommended videos people you only have a very small window to draw in new viewers. Perhaps refining your image with a branded name, and profile picture, would aid in getting new views. Anyways, I don’t mean to be rude at all - I merely want you to thrive so I can keep binging your videos!
Get a brokerage and buy low volatile dividend paying stocks. Don't hire lawyers, accountants or the sort because they're just scammers with college degrees.
I wouldn't say don't hire a lawyer. But making a lawyer do your investments seems weird to me
Beth Smith from Simpsonsville... AI is making me paranoid, sounded like BS cartoon names lol
Should link to an article in description for these stories or something haha
Just plain stupid to hand your money over to anyone. Period.
They ahould make a feature length movie about this guy..
Ninty-nine percent of lawyers give the other one-percent a bad name.
I’m really digging this channel. The influence from SunnyV2 is here but he doesn’t blatantly rip off Sunny’s style. A lot of these other content farm type channels do that.
Don't invest with someone named Frankie. FYI
He would be dead if he did that to me!!!!!
Dicks is to sporting goods as Harbor Freight is to Holme Depot.
16:24 Looks like he was found guilty in 2022, not 2020. The timeline just doesn’t make sense with conviction in July 2020, given the PPE misadventure would have happened in 2020
Damn it Morty
When I win a zillion dollars I'm going to hire a chemist to make me pure herion.
I see an underappreciated channel, I sub.
GREAT GRAVITY!!
The price you pay for privacy
It's a shame that a law license, for far too many in the profession, means "license to leech."
He looks like the guy who does Homer Simpson's voice
Best TH-camr in the game
Shopping sprees at Saks and Dicks. 😂 appropriate.
Every time this guy would get on TV I would always say to myself this guy seems kind of snakish! 🙄🙄Unfortunately, I was right! His words were to glitzy, and he just seem to know all the answers! 🤷♂️🤷♂️🤷♂️In my lifetime whenever you find a guy like this who knows all the answers he’s hiding something or He’s a hustler! Unfortunately, I was right about both!🤷♂️🤦♂️🙄🤔
🎉
Biggest mistakes ppl make are putting somebody else in charge of their money. Learn how to do it yourself.
Yeah she said she wanted to invest so she could have generational wealth- Lady you have HUNDREDS OF MILLIONS OF DOLLARS NOW lmao. There’s no urgent need to invest it. Just chill and let your grandkids figure out how to invest it.
@@dcul8812
Literally just buy index funds and hold them in a holding company that pays out dividends to trusts that have you and your family as beneficiaries.
You can have a couple lawyers and financial advisors on the payroll but never have them able to transfer your wealth about themselves.
Even making sure Descendants can still live off the money can still get screwed up if any of the descendants are hard core Gambling Addicts. A guy said his Family was wealthy for CENTURIES, but ONE Family Member in the current lifetime took the money and gambled it away at a Casino and now the Family who was wealthy for CENTURIES, is broke because one hardcore Gambling Addict wasted it at a Casino. 😩
make it and then fake it
When the fortunes appear, the sharks gather and start circling the prey. She would have been better off managing th money herself…😮
I don't think she was doing everything right... The most important thing is to never have one point of failure. When it comes down to it she put all her trust into one guy she didn't know. If I had that sort of money I'd cut it up and go to different well established on the ground stockbrokers, with everything in my name.
I mean yeah she got scammed big time but she still got like 100s of millions of dollars
I understand the Saks, fifth Avenue part, but not dicks sporting-goods. You don’t have to be rich to shop there.
Theres something about the lawyers eyes that look suspicious to me. Eww so many lawyers just care about the money! Great channel
Bro all that money go to russo ? Realy ? Lol that guy was a true mithy ! Dont more a rock and win 107 milions by jason kurland 🤣🤦🏽♂️
when I heard he scammed the healthy rainbow people I got so upset. I don’t even know a gay person who plays the lottery I thought we were safe
if I win I would want my anonymous name to be “some fuckin queer” but the problem is that’s what some people already call me so they might figure it out
Wait a minute 1,6 Bilion. 🤦♂️ 🤦♂️ 🤦♂️
Guess she's never heard of an S&P500 index tracker :V
WOW! I grew up in Dix Hills. I remember hearing about this clown