15: The Cash Flow King: The Ponzi Podcaster Matthew Motil
In this episode of the Ponzi Playbook Podcast, we delve into the shocking case of Matthew Motil, the host of "The Cash Flow King" podcast, who was charged by the SEC for running an $11 million Ponzi scheme. Motil, from North Olmsted, Ohio, is accused of deceiving over 50 investors with promissory notes, falsely backed by real estate, while using their money for lavish personal expenses. We'll explore how he used his podcast and social media to lure investors, promising low-risk, high-return investments, and the impact on those who lost nearly their retirement savings. Join us as we dissect this cautionary tale of investment fraud and the ongoing efforts by authorities to bring justice to the victims. Learn more about your ad choices. Visit megaphone.fm/adchoices