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Magic Money Scams

August 2, 2020 By George Hutton Last update: August 2, 2020

What, Me Worry?

A fantastic case of accidental arbitrage happened back in the late seventies.
 
This was right on an interesting boundary of two different techniques.
 
Savvy observers of these two overlapping trend jumped on it and quickly profited.
 
But like all arbitrage opportunities, this was quickly slammed shut.
 
What happened was Mad Magazine published an issue with a fake one dollar bill.
 
With Alfred E. Neuman’s picture where Washington’s usually is.
 
And a few of the kids got the fairly obvious idea to try out this fake dollar bill inside change machines.
 
And it worked.
 

Spend A Little – Get A Lot

https://loopvids.s3.amazonaws.com/Aug02Loop.mp4

The best part was that the cost of a magazine was less than a dollar.
 
So they’d buy a magazine for less than a dollar, find a change machine and get a dollar.
 
They’d spend $0.75 to get a dollar.
 
Easy money if you can get it.
 

Locust People

There’s a group of very powerful CEO’s, startup experts, VC’s and bankers who have been running the most fantastic con ever created.
 
The best part is this con is perfectly legal, and it’s essentially above the law.
 
Since CEO’s and bankers pretty much tell the lawmakers what to do, they are untouchable.
 
The scam works by some startup geniuses coming up with a goofy idea for a business.
 
Then they get a bunch of VC money, and hire a bunch of crooked CEO’s.
 
Then they run long enough, not really ever making a profit, to create an IPO.
 

Little In – Lot Out

The CEO, of course, is paid in stock, which he is free to sell after a certain time limit, or after he stops being CEO.
 
Once the IPO is created, it sucks up a ton of money from retail investors, brokerage houses, and institutional investors.
 
The con is very simple.
 
The amount of money it takes to create this company is X, for example.
 
And the amount of money the VC’s, the Bankers, and the CEO’s can cash out once they sell their stock is Y, for example.
 
Once Y becomes greater than X, everybody gets out.
 
They put in X money, and get out Y, which is more than X.
 
The difference comes from the investors who bought the stock.
 

They Drink Your Milkshake

This is essentially a legal scam where the upper echelon players create a fake company, and suck up as much money as they can from the retail investor class and other investors that exist lower than them on the social hierarchy.
 
There’s a holding company that purposely creates self-destructing properties.
 
They used to make money the old fashion way.
 
They’d buy a bunch of land, create a lot of buzz that it was going to be developed.
 

Inflate Then Profit

That would raise the price, after which time they’d sell it to a developer.
 
The developer would build a bunch of stuff, retail space, business space, housing tracts or apartment buildings, and then sell it to somebody else.
 
Whoever owned it last would have the task of earning enough money to pay the note on their loan they used to buy it with in the first place.
 
But the initial group of land purchasers decided to start pranking the developers, hoping to drive them all out of business.
 

Get Out Of Dodge

There is an ultra secret, available to the rich, completely private witness relocation program.
 
It’s a very lengthy and expensive process, involving many moving parts and people.
 
But if you really want to vanish, start over completely somewhere else, and get rich in the process, this is the way to do it.
 
First you sign all their contracts.
 
Then you have to slowly start an affair with a lover.
 
But the lover is really somebody working for the relocation company, so they’ll just play along.
 
This fake affair has to last at least six months.
 

Buy Some Insurance

During this time, you buy a life insurance policy from an insurance company that is secretly controlled by this same relocation company.
 
Then you have an accident, and are pronounced dead.
 
But the accident was really arranged and controlled by this same company.
 
The doctors that pronounce you dead work for this same company.
 
Then they have a funeral, and a burial, by a funeral house and in a cemetery owned by this same company.
 

Nobody Gets Cheated

You must leave everything to your spouse and kids.
 
That’s when this secret lover steps forward, and claims your life insurance money.
 
Since the death was accidental, and everything was left to the family, nobody really questions this.
 
But you aren’t really dead.
 

He’s In A Coma, Man!

While they were taking you to the hospital, they’ve given you a drug created from the killer blowfish that puts you in a coma.
 
You are actually in a coma during the funeral, which is closed casket since you were allegedly ripped to shreds during the accident.
 
Then you are still in a coma when they lower you into the dirt at your funeral.
 
But then you wake up, and hidden in your pockets are a small flashlight and instructions.
 
When you active the hidden buttons inside the casket, the bottom slowly lowers out into an underground tunnel.
 
This was build underneath the cemetery by the witness relocation company, which of course, owns the graveyard.
 
Then you follow the tunnel and are given all the fake documents.
 

Wait Till The Heat Cools Off

You have to wait a year, since your pretend lover is probably being watched by the IRS.
 
But once your year is up, you get your cut of the life insurance, which is 50%.
 
The fake lover gets 25 percent, and the company gets 25.
 
As soon as they flip the land to the developers, they wait until the developers are almost finished with whatever they are building.
 
Then they activate a secret sinkhole they’ve built under the development, and everything collapses.
 

Forensic Locust Killing

If you manage to do a bunch of forensic accounting, you’ll find that these CEO’s, VC’s and startup geniuses are really a very small group of people.
 
They operate through various holding companies so nobody ever knows what’s going on.
 
But they operate like locusts.
 
Swooping in, create a whole bunch of fake buzz, and sucking up as much money from the dumb bag holders as they can.
 
Funny thing is that they are so secretive, and so powerful, they’ve convinced all of congress to put all government pension funds in these companies that are really just made up scam operations.
 
Which means this very small group of locust-people, can, if they like, flip a switch and absolutely obliterate the economy, if they wanted to.
 

Short Lived Profit Window

It only took a day or two before they pulled Mad Magazine from all the shelves.
 
But enough quick thinking and fast acting kids with the entrepreneurial spirit used this rare opportunity to make more money from less money.
 
And if there ever exists an opportunity to make more money with less money, no matter where it exists, you can bet somebody is going to exploit it.
 
 

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Filed Under: Beliefs, Business Skills, Conspiracy, Corruption Tagged With: Arbitrage, Bag Holder, Developers, Escape Hatch, Fake Your Death, Holding Company, Hypnotic Stories, Insurance Scams, Last Will and Testament, Loan Note, Metaphor, Nested Loops, Note, Profits, Real Estate, Scams, Secret Lover, Underground Cemetery Tunnels, Will

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