Patrick Boyle had a wonderful video about how "30 Under 30" is absolutely filled with scam artists. I'm so done with any organization telling me how "brilliant" or "good" some random knob is
Exactly! I think it was due to so many people putting their trust and faith in his perceived abilities, even if they didn’t invest with FTX, news outlets, prior to the fraud being uncovered, spoke about him with great reverence and respect in what they believed he was doing and at least seemingly succeding at. So when they went to talk about or report on his fraud, making it seem like he was just a naive kid who did the wrong things, maybe makes those who invested in or reported on him positively, feel less foolish. Idk, that’s just my humble theory.
27 years living on earth, man. That's what his age all means. You've at least seen him on cam how he carry himself, how he talks, & the interviews he made betrayed a behaviour that fits more to a kid than an adult. Even the overall aura. Yes, we have a lot of toddlers & kids living in adult bodies nowadays. It doesn't matter if they're in their 40's, 50s, or 70's there are people who truly are kids mentally no matter how long they've lived their lives on this planet. The thing is, this kid we're talking about is just a pawn of his parents. His parents are the real crooks behind this kid. And guess what, they're university professors who pulled strings for him that involved multiple governments, corrupt politicians, and investors to pour out money to his company.
It's hilarious whenever Coffee speaks to one of these guys and you can tell they despise his guts but can't attack him publicly. They're forcing themselves to be nice to him and they hate every second of it but because of Cofeezilla’s influence they have to play nice.
SBF being grilled by Coffee was the best. Him trying to play nice and resist murdering Coffee is funny. Awww poor Sam did Coffee say mean things about your scam 😁
I have a suggestion for a potential video, could you possibly make something about the Horizon/Post Office scandal in the UK? The Post Office adopted a faulty IT system that lead to hundreds of people being falsely convicted of financial fraud and theft. It's an ongoing story, but there has been a spike in interest lately. It's a fascinating and tragic story. Thank you.
Faulty is an understatement. The system was bug ridden, and those bugs were spotted during testing. the whole episode is a massive travesty of justice.
Not only that but the post office (a company) were allowed to run their own investigations, put people on trial and convict them outside of court. Some people were denied access to a lawyer.
@@notsojharedtroll23 ruclips.net/video/hCdI3UfQ1L4/видео.htmlsi=ozfTgXGnDsU5ZE7P Where I first heard about the case. Insane that it was allowed to happen to those poor people.
I was scammed when I was about 19 years old. I had nothing beside the money I wanted to use to buy a computer. I bought it on ebay, and at that time, credit card payment on internet was the wild west. Paypal just started. I lost 2000$... but I lost way more... my innocence. It was the most brutal learning experience of my life... and also the cheapest one. I will not get scammed again.
10 месяцев назад+648
ColdFusion + Coffeezilla together - two of the best research teams on RUclips. Amazing content, bringing awareness and accountability to the forefront
Yeah we really need to come together and sue these big tech companies, they are a giving a platform to these scam adverts. They need to be held accountable but I fear nothing will be done about it
YT Ad-pocalypse 3.0 is on the horizon. Not only are insane ads being run, but there are hundreds, if not thousands, of spambot commenters that either directly host CP on the account or give direct instructions on how to access it through file sharing means. Largely have Mr. Beast profile photos, strangely enough.
@@sebastianwendl603 give the man some break man. Investigating all those scammer really really take a toll on both body and soul. I can't even imagine how many death threats he must've got for doing investigation in which most of if not all can be proven.
I laughed so hard at that episode, Patrick taking the piss out of the whole wood nymph thing was genuinely one of the funniest things I watched all year.
His harping on her wood nymph and Harry Potter stuff rubbed me the wrong way. Caroline Ellison is a terrible person and a crook, don't get me wrong, but mocking those things came off as "fuck you for having weird hobbies." It wouldn't be any better or worse if she liked golfing in Polo shirts, or sailing, or some other "dignified" hobby.
It took me some time to realize it, but SBF's confession about "coding a new withdrawal process" is the smoking gun. The problem was that the "new withdrawal process" should have existed from the start. It means the funds weren't treated differently.
The Aussie scam reminded me of a woman in the US that faked her tax return to show she was due 2 million dollars. How she got caught was the refund had been sent on a debit card and she had lost it several times and asked for a replacement. The IRS employee processing the replacement debit card got curious of the amount and had the return double checked.
I LITERALLY just had a RUclips ad that is a scam. The irony of watching a video about increasing frequency of scams having an ad that is a scam is almost too much!
Most are SCAMS and RUclips is pushing them because they make money... doesn't matter if it's a SCAM or not... RUclips doesn't discriminate as long as they make MONEY...
I watch a woman who does anti-MLM content and she states it's always good when MLM's advertise on her channel. They're wasting money pitching their "business opportunity" to a group of people who have no interest in joining, so it's good when their ads are being shown. I feel this same way with all the Temu ads I've received and that god awful, AI voice 😖. I cannot wait to get RUclips Premium back at the end of this week.
I think it boils down to this: people have this illusion that they can double or triple their money overnight. No hard work needed. So scammers feed on this greed. Look folks, if someone tells you that you can get rich overnight, it is probably too good to be true. The person who gets rich overnight is the scammer. Nothing replaces hard work and smart, long term investing
It's hard. For example: I had a friend who wanted me to invest in bitcoin back when it was $3. I told him that anything called "coin" couldn't be valued that high. He suggested I put in $100 and let it sit. I said I wasn't down for scams. Anyway he's retired and I'm not.
Pretty sure getting rich overnight can happen if one becomes a criminal. So unless someone is actually literally offering to commit crimes to get rich, it's probably a scam.
@@PsRohrbaughyou would have helped him get out of Bitcoin faster, that is still a borderline scam where new recruits pay for the ones already in and help them get out jolting from the blockchain. The only prior who made good money with Bitcoin were the heartless and the miners that started the whole thing. The out currency has to come somewhere, and there's always a loser. Speculative markets are just that, speculative, you could say the same as to why your grandfather didn't invest in coca cola stocks and nobody in your bloodline wouldn't need to work ever. Who cares, at least you're not helping with the deterioration of the planet just for fucking money.
Desperation. The economy isn't made to support a reasonable quality of life. Couple that with little organic access to critical and financial education, powerful prominent authorities promoting, FOMO stories/instances (Bitcoin), etc. You get hopeless stressed out people who are desperately grasping onto some sort of hope. The working poor exist and will exist until legislation changes it. Statistically xyz % of people have to fall into the slot. Not too mention due desperation. Illness, losing your home and "failing" your family, working two jobs and seeing your kids suffer a life you can't change, etc etc etc It's a rough world where we don't make efforts to raise the bottom (which has to exist) to a meager level of dignity and basic security. Typically id go on about FDR (big fan) since he did the thing, changed the country, raised the bottom. The mega wealthy destroyed it but he did a great job.
To be honest, it is actually a good experience to fall for a little scam you can recover from. You instantly learn that there are people that have no honor or morals, from that point on you are no longer disillusioned. You see the world for what it really is.
The senator ask for help is kind of huge though. They're willing to take outside information from younger and more in touch people. Steve has shown he has his finger on the post a lot better than most people
I'm curious who that senator was. I guess it was Elizabeth Warren, judging from how she grilled Kevin O'Leary about how crypto facilitates money laundering on the Dec 2022 Senate hearing.
@@DeepTissueExplorer Well, I mean - a senator is supposed to make laws on a shitton of different topics. It doesn't make sense that they'd be an expert on all of it. Knowing who the experts in the field are and how to find them and which ones you can trust, _and then_ how to synthesize that information into viable laws that don't run afoul of creating perverse incentives? That's more the skillset that's they're supposed to have. Whether they _have_ that, of course, is quite another thing. But I wouldn't take "reaching out to Coffeezilla" itself as an indicator things are horribly wrong.
2 of my all time favorite Creators collabing! What a treat! Bruh, the fact that Coffee has become like Batman to Cryptoscammers never fails to crack me up. He's like the Boogyman or Beetlejuice and I LOVE IT. Web 3.0 has been nothing but scam after scam and every Scammer and their posse need to be thrown in jail after being drained of every cent they've got. I do my best to have empathy for the victims because most of them aren't bad people trying to climb up the pyramid scheme ladder, benefit from the ponzi scheme, or are like SBF or Logan Paul. Most of those hurt by Crypto are people who trusted the wrong person or didn't have enough financial literacy to realize they've been caught up until it's too late. That being said, I do love when an Elon Musk Stan or one of the "have fun staying poor" folks get Humbled. The government needs to put the work in to fix the laws or if they expect Coffee to do their job, they need to pay him handsomely. The Crypto Bubble is more like a Crypto Boil being lanced. Those who don't learn from history are doomed to repeat it.
People trust celebrities WAY TOO MUCH but they don't realize that if celebs loose let's say 100k, they don't really care while ordinary people may go bancrupt. Also they obviously get paid to promote.
It sucks because these scammers make it so much harder for people who truly want to create something and get their business off the ground. It’s so unfair. I hope they lose every penny they made and end up in jail.
That’ll never happen. From *American greed* to all this new stuff.. it’s never going to end. I wish he could go after the government. They’re the only people that are immune
Legally, nobody can. These influencers can claim ignorance and just wash their hands, take the money and go on the next brand deal. That's why everyone wants to be an insurgent, they can distance themselves and still scam people
A scam I’ve ran into the last couple years has been eBay bait and switch or giving a tracking number then straight up not sending anything. I’ve never really had issues with either in all the years I’ve used that platform, but I’ve been burned about 6 separate times last year. Pay attention to low scores, sometimes they may have a couple good reviews, but they are burner accounts.
Agreed, but at least it does appear there are some class action civil lawsuits pending towards sports, and other celebrities like Tom Brady (who reportedly received $55 million), shaq, and Gisele, et. al.
@@toomanyaccountsindeed, but in the past when you were limited to only being scammed in your town or at most your country, now the people who are looking to scam you come from every corner of the globe. So even if it's the same scams, the number each individual person has to deal with has gone up several MILLION percent.
Yes, Elon Musk is still running free, making unfounded claims to sell stocks. He is the most successful scammer of all time. (Most likely not mentioned here, still haven't watched the video.)
Scheming/scamming the ATO, the equivalent of the USA IRS...now thats a whole new level of ballz. This goes way beyond mere spoofing of a phone number to caller ID.
It's really interesting hearing your perspective on these things, as well as Stephen's - especially the bigger "why is this happening" questions. I'd love to see a deep dive onto the psychology and the reasons behind why these scams succeed, and why they're so prolific too. Especially if you get the 'Zilla back on too :)
Key: First of all, you and me start working at the bank; doesn't matter the position so long as we get in there. Then, we just go there everyday; do the work; gain their trust until we get them on the palm of our hand. Peele: All right, so, how do we get the money? Key: That's the beauty of it bro - they deposit the money into our bank accounts. Week after week, month after month. They don't even know they're being robbed. And then twenty, thirty years later, we walk out the front door like nothing even happened.
There's a big one going through Canada right now. Certain companies are selling "minutes" for a telecommunications company. They sell them to other companies that don't exist. This gets them a tax refund from the government in the multi-millions. There was a CBC marketplace investigation on it
Years ago I was inside the 50,000 square foot mansion referenced in this video. It's called Darlington and it's in Mahwah NJ. It sold for $26 million about two years ago. I didn't get to see the whole place but I toured through a few of the rooms. One of them was the so-called dining room, which was about the size of a basketball court. It was also on a huge, amazing piece of property. I think some of that was sold off many years ago.
If it had been in any town in that county not named Mahwah if would be worth double. Imagine telling your coworkers at the hedge fund you dropped close to $30 million and when ask cool where? Uh Mahwah. Only worse name would be HoHokus
Hi Dagogo, I always love your content. It really educates in an entertaining way. Can you make a video about the rampant fraud in the academia and higher education environment? I mean, most of the start up frauds are drop out from prestigious school and recently we know that those schools are safe haven for fraudulent behavior itself. Maybe, we can find some correlation between them.
As a person in academia (Community College level), I second this! A lot of the shit these people pull are things for which my students would be EXPELLED.
Hard to tell who’s a crook and who’s a saint. From my point of view, there’s lot of double standards in society. Politicians tossing CEOs favours for some of that kickback money. While petty drug dealers get tossed in jail for over a decade. University deans getting 7 figure salaries while students get into debt for useless degrees they will never find a job in. Makes you think… Why work your ass off for chump change that gets taxed… when the people enforcing the rules simply bend the law to their own will?
Coffeezilla has gone so mainstream now that I heard him referenced on Jim Cornette's podcast by his co-host Brian Last. Made me chuckle. He's really becoming our Woodward and Bernstein wrapped up in one.
It's crazy to think he went from ripping on the Dan Lok's and Tai Lopez's of the self help industry to single-handedly handing Sam Bankman Fried over to law enforcement on a silver platter. 0.o
Dude each of your vids is amazing. They're so easy to consume and understand bc you ELI5 without making the audience feel dumb. And I always leave with a really good grasp of the subject. Thx.
I remember first finding your channel when looking for a new UI for my Note 3, and found your Voxis video tutorial. Has it been 10 years already? Huge congrats on all the success and growth over the years man. I'll always be a ColdfusTion fan 😉
The Day Before developers didn’t receive any money prior to Valve stepping in and allowing refunds for every user. Steam developers have to wait a month before they receive their first cheque after the release of a game.
Super happy to see Coffeezilla on this channel. Regarding the Rogan comparison, channels like Cold Fusion, Coffeezilla and Scammer Payback are gifts to the internet. They are the folks/teams who should be earning hundreds of millions. Rogan is a *not* the same species.
Interesting ist that Sam Bankman-Fried was actually coming from the traditional Banking sector. He had some connections to Genser, head of the SEC. So it made people curious why Gensler allowed SBFs fraud but was fighting instead against genuine crypto projects.
Gensler and the SEC weren’t fond of any cryptocurrency project, but back in March 2022 when the SEC was in the process of investigating crypto projects, including FTX, a couple Congress members sent them a letter telling them to back the **** off. Even when Congress interviewed John Ray III, they tried to shift blame away from Crypto onto just FTX, as if there aren’t hundreds of thousands of scams in the space.
@@Aquatj999 the FTX scam was not a crypto scam, it was conducted by traditional finance people bringing banking scams into crypto. They now just blame crypto "it was not us, crypto made me do it".
Moral of the story: don't invest with funds you can't afford to lose. I had a friend who wanted me to invest in bitcoin back when it was $3. I told him that anything called "coin" couldn't be valued that high. He suggested that I invest $100 and let it ride. Needless to say he's retired and I'm not.
There will always be a winners and losers in investing. Because every time you buy, it’s because someone else sold. And vice versa account. If you want to sell an investment at an all-time high, it’s because someone bought it at the all time high. I’ve been on both sides, but that’s the game we play.
Safemoon was the only crypto project at the time where the executive team provided updates, timelines, livestreams with progress, etc. I fell for it. lol felt so silly.
Sorry. I've been telling people for years that Crypto is PET ROCKS. If you're not old enough to know the hype of pet rocks just do a little research or even use your imagination. Money has to be backed by something valuable. Today money is backed by... LMAO. uh oh. Here we go again.
Read up on the Tulip mania and the original Ponzi scheme. Bubbles and frauds balloon due to perceived value outpacing intrinsic value. The big ones are those that are the best at selling others that what they are selling is extremely undervalued and that anyone who can’t see that is simply dumb. You got duped… so did a bunch of other people. It sucks and I’m sorry you lost money but I wouldn’t call you a fool just because you were fooled
Regarding "The Day Before": Don't preorder games! I'm sorry people lost their money, but please just wait until the game releases and see the reviews before buying.
the economy is shit world wide..... so people are more apt to "buy into" get rich quick things........ my grandmother was SO SO SO excited that she won 25 million yesterday but, of course, they wanted her to send 500 to get the 25 mill . when i told her it was a scam..... i could see that she got sad hell, for my family, 10,000 would be LIFE!!! changing . the newest outfit we own is a 2005 buick park ave (said grandmothers.... who is the "richest" in the family due to SS and teachers retirement..... and her being old enough that both ACTUALLY WORK!!!) . my dad drives a 97 buick LeSaber with 350,000 i drive a 99 buick century with 372,000 (and yes.... this family LOVES Buick.... easy to work on, and ya dont have to work on them often.... at least the 2005 and older 3800 powered buicks) . . like.... when a family tells you how rich/poor they are based on the year of their car..... ya know they working class AF because i live in NE montana..... its 20 miles to work....and i NEED!!!a car . its 200 miles to a DAMNED WALMART!!!! and we go once a year.... as a family "vacation"..... mostly for X-mas shopping . . . like.... i feel sorry for kids that are ~15 right now i cant remember my early childhood (too much trauma...divorce....courts favor women, so my alcoholic mother got custody.... i dont want to remember) . but i can remember about 13-15 years old and "newer" (im 29 years old today) . these new kids are gonna be POOR POOR! at least i got gifts during X-mas.... due to my parents fighting for my love (my mom has been sober for like 10 years now.... COMPLETELY different person.... moved back to same town as my dad... and i have a relationship with both now days... THANK GOD! (and im not religious)) . . idk.... just thinking about what my sister and i went through but today, we would be 25% "broker"..... . no thanks.... it was bad enough
The biggest problem I have with the FTX situation is that, Caroline Ellison needs to go down too! She wasn't some innocent wallflower and victim of SBF's schemes, she was a co-architect of the fraud.
Not that i support any kind of scam, but most victims of scams have an unhealthy craving for wanting to get excessively rich and "not wanting to miss out." More money more problems as the old saying goes. Equilibrium in life is the best life.
Hell yeah, the collabb we didn't know we needed! :D Also, let's change that old saying: "If something sounds too good to be true, it is." Not "probably". Not "maybe". It just is, especially when it comes to financial subjects.
17:54 "Incogni..." - So either they do really contact "brokers" to erase your data, or Incogni themselves own the data and you pay them to erase it. But who knows right..?
Of all the scams, Frank's with Charlie Javice is the one that saddens me the most. If it had been kept as a small-scale business for longer, it could have been immensely helpful to a lot of people. Greed - as it often does - destroyed this.
I love how corporations have lobbied to remove power from government, because they are the problem, thank you Ronald Regan, but cry to daddy to go get their lunch money from the bully when someone does to them what they do to their customers. We are reaching the end of the line for all those who have fallen up over the last 40 years. Buckle up.
Being a black tech entrepreneur seeking venture capital is tough. It's hard to get people interested in legitimate businesses when scams exist. I have no sympathy for those who fall for quick money schemes. They deserve the consequences. Making money has no shortcuts.
After watching this feeling simultaneously terrified and entertained. Like, who knew scamming could be so creative? From fake CEOs to zombie game apocalypses, these scammers are basically modern-day con artists with access to a whole lot more glitter and special effects.
That TikTok advice that conned the Australian government out of $4 billion has had the most hilarious aftermath I’ve ever seen. Few of my mates are accountants and the amount of under 20’s coming in to get their tax done only to find out their tax profile frozen and with a debt attached to it with a please explain has got to be the most hilarious thing those guys see all day.
Thanks for talking with Coffeezilla about the topic! (On your note about people liking this interview more than the Joe/Lex’s one, I think it’s a lot of people feel like those two are part of the modern day scammers/people pushing for worse things. Like, they’re lumped together with the scammers and I can understand why. And well, more Joe than Lex 😅)
Patrick Boyle had a wonderful video about how "30 Under 30" is absolutely filled with scam artists. I'm so done with any organization telling me how "brilliant" or "good" some random knob is
💯.. Wait until a recession hits.. We will see more frauds uncovered than perhaps ever before
Yes I'm Irish and would NEVER invest in guys who have no track record for at least 20 years and then I would be still suspect of them
@@orionxtc1119 the fuck being Irish got to do with it?
Patrick is a blessing to the world... I hope...
PB is good, isn't he.
It's insane to me how open scams go unpunished. I get constant ads from financial scammers right here on RUclips.
RUclips IS COMPLICIT.
And RUclips wonders why We use Ads block. N then they punish u for it xD lol
things are at breaking point @@lovisericachii4503
I get sexual ai ads. It’s so bad…
Calling Sam a "College kid" still doesn't sit right with me. He was 27 when FTX was founded.
Exactly! I think it was due to so many people putting their trust and faith in his perceived abilities, even if they didn’t invest with FTX, news outlets, prior to the fraud being uncovered, spoke about him with great reverence and respect in what they believed he was doing and at least seemingly succeding at. So when they went to talk about or report on his fraud, making it seem like he was just a naive kid who did the wrong things, maybe makes those who invested in or reported on him positively, feel less foolish. Idk, that’s just my humble theory.
@@L33tSkE3tbless your naivety...he lobbied all those outlets lol
27 is college age.
Any age is college age calling some one a college 'kid' implies they are fairly young which is not really true, at least not in terms of being naive.
27 years living on earth, man. That's what his age all means. You've at least seen him on cam how he carry himself, how he talks, & the interviews he made betrayed a behaviour that fits more to a kid than an adult. Even the overall aura. Yes, we have a lot of toddlers & kids living in adult bodies nowadays. It doesn't matter if they're in their 40's, 50s, or 70's there are people who truly are kids mentally no matter how long they've lived their lives on this planet. The thing is, this kid we're talking about is just a pawn of his parents. His parents are the real crooks behind this kid. And guess what, they're university professors who pulled strings for him that involved multiple governments, corrupt politicians, and investors to pour out money to his company.
It's hilarious whenever Coffee speaks to one of these guys and you can tell they despise his guts but can't attack him publicly. They're forcing themselves to be nice to him and they hate every second of it but because of Cofeezilla’s influence they have to play nice.
SBF being grilled by Coffee was the best. Him trying to play nice and resist murdering Coffee is funny. Awww poor Sam did Coffee say mean things about your scam 😁
@@DystopianOverturethe only one who slithered they’re way out was the valuetainment guy.
I have a suggestion for a potential video, could you possibly make something about the Horizon/Post Office scandal in the UK? The Post Office adopted a faulty IT system that lead to hundreds of people being falsely convicted of financial fraud and theft. It's an ongoing story, but there has been a spike in interest lately. It's a fascinating and tragic story. Thank you.
Faulty is an understatement. The system was bug ridden, and those bugs were spotted during testing.
the whole episode is a massive travesty of justice.
Have links? Would read about it. Tech gone very fucking wrong
Not only that but the post office (a company) were allowed to run their own investigations, put people on trial and convict them outside of court. Some people were denied access to a lawyer.
@@notsojharedtroll23 ruclips.net/video/hCdI3UfQ1L4/видео.htmlsi=ozfTgXGnDsU5ZE7P Where I first heard about the case. Insane that it was allowed to happen to those poor people.
@@18hornet appreciate m8. Tysm
I was scammed when I was about 19 years old. I had nothing beside the money I wanted to use to buy a computer. I bought it on ebay, and at that time, credit card payment on internet was the wild west. Paypal just started. I lost 2000$... but I lost way more... my innocence. It was the most brutal learning experience of my life... and also the cheapest one. I will not get scammed again.
ColdFusion + Coffeezilla together - two of the best research teams on RUclips. Amazing content, bringing awareness and accountability to the forefront
Yet cold fusion fell for Elon over and over. Hyperloop etc. Common sense skeptic is better than both.
@@Daboy804 wdy mean by fell for elon? Elons creations may not be perfect but were legit. Dont fall for propaganda
Are you surprised coffees real name is stepfen 😂… I found out today
nah he looks like a stepfen@@lawyermahaprasad
The dream team !
The irony of RUclips running a scam ad at the beginning of this video. No one ever calls them out on the role they play in all these scams. Collusion.
Yeah we really need to come together and sue these big tech companies, they are a giving a platform to these scam adverts. They need to be held accountable but I fear nothing will be done about it
YT Ad-pocalypse 3.0 is on the horizon. Not only are insane ads being run, but there are hundreds, if not thousands, of spambot commenters that either directly host CP on the account or give direct instructions on how to access it through file sharing means. Largely have Mr. Beast profile photos, strangely enough.
Damn coffee is relentless, he’s hunting down SBF better than some governments. 😂
Kinda sad he does fewer videos now. Still awesome work, but I need more Coffee. We all do.
CZ has no chill when he gets after scammers.
@@tonycrabtree3416 i thought you meant cz from binance for a sec there😂😂
@@sebastianwendl603 give the man some break man. Investigating all those scammer really really take a toll on both body and soul. I can't even imagine how many death threats he must've got for doing investigation in which most of if not all can be proven.
@@sebastianwendl603yeah but it gives him work life balance and the work he does is top tier. I have no complaints
Its crazy I used to trade on FTX, I withdrew my funds 2 months before the scandal came to light.
Got scared for a bit, thinking that Coffeezilla was a fraud. 😂
"I've spent years debunking frauds, so you know my Coffeecoin is legit!"
That would be the ultimate irony lol, but i dont think he has that much he can be fradulent about besides exposing the fraudsters LOL
I too thought that for a second when I read the notification like 'The fraud... ..coffeezilla'. Then I read completely. 😂
@@superresistant0 ?
you mean people shouldn't be paying for his bringing awareness of scams? @@superresistant0
I love how humble Coffee is. Quality human. Keep up the great work dude.
I can't stop seeing Patrick Boyle memeing about the wood nymph photo everytime someone mentions Ellison 😂
I was literally waiting for a comment on this after her name.
I laughed so hard at that episode, Patrick taking the piss out of the whole wood nymph thing was genuinely one of the funniest things I watched all year.
His harping on her wood nymph and Harry Potter stuff rubbed me the wrong way. Caroline Ellison is a terrible person and a crook, don't get me wrong, but mocking those things came off as "fuck you for having weird hobbies." It wouldn't be any better or worse if she liked golfing in Polo shirts, or sailing, or some other "dignified" hobby.
true!
That cursed photo will forever live rent free in my brain.
It took me some time to realize it, but SBF's confession about "coding a new withdrawal process" is the smoking gun. The problem was that the "new withdrawal process" should have existed from the start. It means the funds weren't treated differently.
ColdFusion Coffee sounds like a brand that could take down Starbucks! Yay for collab video!
yup screw jewbucks
The Aussie scam reminded me of a woman in the US that faked her tax return to show she was due 2 million dollars. How she got caught was the refund had been sent on a debit card and she had lost it several times and asked for a replacement. The IRS employee processing the replacement debit card got curious of the amount and had the return double checked.
I LITERALLY just had a RUclips ad that is a scam. The irony of watching a video about increasing frequency of scams having an ad that is a scam is almost too much!
What's the ad?
I also got a Solana deepfake ad. Hmmmmm
Most are SCAMS and RUclips is pushing them because they make money... doesn't matter if it's a SCAM or not... RUclips doesn't discriminate as long as they make MONEY...
I also got a solana ad!
I watch a woman who does anti-MLM content and she states it's always good when MLM's advertise on her channel. They're wasting money pitching their "business opportunity" to a group of people who have no interest in joining, so it's good when their ads are being shown. I feel this same way with all the Temu ads I've received and that god awful, AI voice 😖. I cannot wait to get RUclips Premium back at the end of this week.
I think it boils down to this: people have this illusion that they can double or triple their money overnight. No hard work needed. So scammers feed on this greed. Look folks, if someone tells you that you can get rich overnight, it is probably too good to be true. The person who gets rich overnight is the scammer. Nothing replaces hard work and smart, long term investing
It's hard. For example: I had a friend who wanted me to invest in bitcoin back when it was $3. I told him that anything called "coin" couldn't be valued that high. He suggested I put in $100 and let it sit. I said I wasn't down for scams. Anyway he's retired and I'm not.
Pretty sure getting rich overnight can happen if one becomes a criminal.
So unless someone is actually literally offering to commit crimes to get rich, it's probably a scam.
@@PsRohrbaughyou would have helped him get out of Bitcoin faster, that is still a borderline scam where new recruits pay for the ones already in and help them get out jolting from the blockchain.
The only prior who made good money with Bitcoin were the heartless and the miners that started the whole thing. The out currency has to come somewhere, and there's always a loser.
Speculative markets are just that, speculative, you could say the same as to why your grandfather didn't invest in coca cola stocks and nobody in your bloodline wouldn't need to work ever.
Who cares, at least you're not helping with the deterioration of the planet just for fucking money.
Not overnight, but you can make serious money in crypto. You can also lose a lot, but that’s the risk. Still, it’s very possible. I speak for myself.
Desperation.
The economy isn't made to support a reasonable quality of life. Couple that with little organic access to critical and financial education, powerful prominent authorities promoting, FOMO stories/instances (Bitcoin), etc.
You get hopeless stressed out people who are desperately grasping onto some sort of hope. The working poor exist and will exist until legislation changes it. Statistically xyz % of people have to fall into the slot.
Not too mention due desperation. Illness, losing your home and "failing" your family, working two jobs and seeing your kids suffer a life you can't change, etc etc etc
It's a rough world where we don't make efforts to raise the bottom (which has to exist) to a meager level of dignity and basic security.
Typically id go on about FDR (big fan) since he did the thing, changed the country, raised the bottom. The mega wealthy destroyed it but he did a great job.
The collab we didn't know we needed. Thanks guys 💪💪💪
Why are they repeatedly referred to as college kids? I'm sure actual college kids are not claiming these lot
To be honest, it is actually a good experience to fall for a little scam you can recover from. You instantly learn that there are people that have no honor or morals, from that point on you are no longer disillusioned. You see the world for what it really is.
RuneScape scared me straight, I still have nightmares of my lost mithril armour they said they were going to trim
@@auchucknorrisi have some free items for you but i left them all in this place called the wilderness dw ill show you the way
@@auchucknorris Lmao the trim scam in 2003
That doesn't quite fix anything. Something can be equally a good opportunity or a scam. The way to know is to study and know the source.
The senator ask for help is kind of huge though. They're willing to take outside information from younger and more in touch people. Steve has shown he has his finger on the post a lot better than most people
I'm curious who that senator was. I guess it was Elizabeth Warren, judging from how she grilled Kevin O'Leary about how crypto facilitates money laundering on the Dec 2022 Senate hearing.
@@DeepTissueExplorer Well, I mean - a senator is supposed to make laws on a shitton of different topics. It doesn't make sense that they'd be an expert on all of it. Knowing who the experts in the field are and how to find them and which ones you can trust, _and then_ how to synthesize that information into viable laws that don't run afoul of creating perverse incentives? That's more the skillset that's they're supposed to have.
Whether they _have_ that, of course, is quite another thing. But I wouldn't take "reaching out to Coffeezilla" itself as an indicator things are horribly wrong.
Probably a typo, but its finger on the pulse.
2 of my all time favorite Creators collabing! What a treat! Bruh, the fact that Coffee has become like Batman to Cryptoscammers never fails to crack me up. He's like the Boogyman or Beetlejuice and I LOVE IT. Web 3.0 has been nothing but scam after scam and every Scammer and their posse need to be thrown in jail after being drained of every cent they've got. I do my best to have empathy for the victims because most of them aren't bad people trying to climb up the pyramid scheme ladder, benefit from the ponzi scheme, or are like SBF or Logan Paul. Most of those hurt by Crypto are people who trusted the wrong person or didn't have enough financial literacy to realize they've been caught up until it's too late. That being said, I do love when an Elon Musk Stan or one of the "have fun staying poor" folks get Humbled. The government needs to put the work in to fix the laws or if they expect Coffee to do their job, they need to pay him handsomely. The Crypto Bubble is more like a Crypto Boil being lanced. Those who don't learn from history are doomed to repeat it.
People trust celebrities WAY TOO MUCH but they don't realize that if celebs loose let's say 100k, they don't really care while ordinary people may go bancrupt. Also they obviously get paid to promote.
The illusion that you need to be intelligent to be rich is really taking a pounding these days. Its mostly luck.
It's entirely luck.
I had a friend who wanted me to invest in bitcoin back when it was $3 per coin. Needless to say he's retired and I'm not.
Or to be first in these pyramids schemes and know when to pull out lol
you have to be both lucky, and entirely shameless.
Coffeezilla is an absolute legend! He's out there putting his pwn life at risk to protect people he doesn't know. A true modern day hero!
It sucks because these scammers make it so much harder for people who truly want to create something and get their business off the ground. It’s so unfair. I hope they lose every penny they made and end up in jail.
My favorite two channels ColdFusion and Coffeezilla ❤
same here xx
I want the golden age of scamming to be over already
It's only getting started
It never is
That’ll never happen. From *American greed* to all this new stuff.. it’s never going to end. I wish he could go after the government. They’re the only people that are immune
Oh it's just spooling up. Keep getting AI messages about the government giving you free money. So good luck.
The celebrities/influencers who supported or advertised these scammers should be held just as accountable as these scammers.
Why?
Even they didn't know it was a scam until the news breaks out , how the heck are they accountable
Then you as an investor is also accountable and should be sued..
Legally, nobody can.
These influencers can claim ignorance and just wash their hands, take the money and go on the next brand deal.
That's why everyone wants to be an insurgent, they can distance themselves and still scam people
You would take the money to, I know you would..
A scam I’ve ran into the last couple years has been eBay bait and switch or giving a tracking number then straight up not sending anything. I’ve never really had issues with either in all the years I’ve used that platform, but I’ve been burned about 6 separate times last year. Pay attention to low scores, sometimes they may have a couple good reviews, but they are burner accounts.
Those rugs priced at $1M must've really tied the room together.
Underrated comment, dude
That'll tie his jail cell together nicely, lol
PS: he can enjoy some fine toilet "wine" & talk about his rugs
No peeing on those rugs.
@@nolongerblocked6210
Enjoy is a strong word for toilet wine. Stuff is just a step above medical alcohol.
Or the designer padded the expenses either for themselves or in conjunction for a write off
So many people and Corporations involved with SBF that need to be brought to Justice for this debacle.
Agreed, but at least it does appear there are some class action civil lawsuits pending towards sports, and other celebrities like Tom Brady (who reportedly received $55 million), shaq, and Gisele, et. al.
There needs to be so much awareness about the elaborate natuer of todays scams, thank you for taking part.
they are the same scams that have been around for centuries
@@toomanyaccountsindeed, but in the past when you were limited to only being scammed in your town or at most your country, now the people who are looking to scam you come from every corner of the globe. So even if it's the same scams, the number each individual person has to deal with has gone up several MILLION percent.
@@toomanyaccountsAaah yes the crypto scams that have been around since before the combustible engine came about
Yes, Elon Musk is still running free, making unfounded claims to sell stocks. He is the most successful scammer of all time.
(Most likely not mentioned here, still haven't watched the video.)
Scheming/scamming the ATO, the equivalent of the USA IRS...now thats a whole new level of ballz. This goes way beyond mere spoofing of a phone number to caller ID.
It's really interesting hearing your perspective on these things, as well as Stephen's - especially the bigger "why is this happening" questions. I'd love to see a deep dive onto the psychology and the reasons behind why these scams succeed, and why they're so prolific too. Especially if you get the 'Zilla back on too :)
Key: First of all, you and me start working at the bank; doesn't matter the position so long as we get in there. Then, we just go there everyday; do the work; gain their trust until we get them on the palm of our hand.
Peele: All right, so, how do we get the money?
Key: That's the beauty of it bro - they deposit the money into our bank accounts. Week after week, month after month. They don't even know they're being robbed. And then twenty, thirty years later, we walk out the front door like nothing even happened.
😂😂😂
lol
What is a bank robbery, compared to the creation of a bank.
😉
There's a big one going through Canada right now. Certain companies are selling "minutes" for a telecommunications company. They sell them to other companies that don't exist. This gets them a tax refund from the government in the multi-millions.
There was a CBC marketplace investigation on it
Simple, just avoid crypto.
Yes, avoid Crypto and get robbed legally by inflation slowly but surelly..
Smart move 😅
@@santiagoalmada4736 Let me remind you that there are other type of investments.
Years ago I was inside the 50,000 square foot mansion referenced in this video. It's called Darlington and it's in Mahwah NJ. It sold for $26 million about two years ago. I didn't get to see the whole place but I toured through a few of the rooms. One of them was the so-called dining room, which was about the size of a basketball court. It was also on a huge, amazing piece of property. I think some of that was sold off many years ago.
If it had been in any town in that county not named Mahwah if would be worth double. Imagine telling your coworkers at the hedge fund you dropped close to $30 million and when ask cool where? Uh Mahwah. Only worse name would be HoHokus
Wow Coffeezilla and ColdFusion, probably one of the most important crossovers on this site!
Crossover is an evil abusive company
Hi Dagogo, I always love your content. It really educates in an entertaining way. Can you make a video about the rampant fraud in the academia and higher education environment? I mean, most of the start up frauds are drop out from prestigious school and recently we know that those schools are safe haven for fraudulent behavior itself. Maybe, we can find some correlation between them.
As a person in academia (Community College level), I second this! A lot of the shit these people pull are things for which my students would be EXPELLED.
"Cost of scamming is going to zero". Finally, now the distressed Nigerian Prince with all that money can give it all away to a lucky someone.
Hard to tell who’s a crook and who’s a saint. From my point of view, there’s lot of double standards in society. Politicians tossing CEOs favours for some of that kickback money. While petty drug dealers get tossed in jail for over a decade. University deans getting 7 figure salaries while students get into debt for useless degrees they will never find a job in. Makes you think… Why work your ass off for chump change that gets taxed… when the people enforcing the rules simply bend the law to their own will?
The amount of people who will *LIE/SMILE* in your face is *ASTOUNDING*
I no longer trust *ANYONE* too Personable or too Humble😂
Coffeezilla has gone so mainstream now that I heard him referenced on Jim Cornette's podcast by his co-host Brian Last. Made me chuckle. He's really becoming our Woodward and Bernstein wrapped up in one.
he has been on Joe Rogan multiple times
It's crazy to think he went from ripping on the Dan Lok's and Tai Lopez's of the self help industry to single-handedly handing Sam Bankman Fried over to law enforcement on a silver platter. 0.o
@@toomanyaccounts Joe Rogan isn't mainstream
LOL! he is mainstream.@@bipolarminddroppings
A fellow cult member?
1 million dollar rugs, sound like they got scammed themselves.
😂😂😂
ColdFusion + Coffeezilla is a great combo
Dude each of your vids is amazing. They're so easy to consume and understand bc you ELI5 without making the audience feel dumb. And I always leave with a really good grasp of the subject. Thx.
Ah how I miss those days when game studios use to release demos for their games before the main release. Good times!
Coffeezilla is truly the greatest ever at exposing fraud
Its an crazy comparison going from big company frauds to a video game like "The day before" 🤣. The Lore behind it is insane through
Billions Billions Billions and then 3 mln, seems like a small change in comparison
I remember first finding your channel when looking for a new UI for my Note 3, and found your Voxis video tutorial. Has it been 10 years already?
Huge congrats on all the success and growth over the years man. I'll always be a ColdfusTion fan 😉
The Day Before developers didn’t receive any money prior to Valve stepping in and allowing refunds for every user. Steam developers have to wait a month before they receive their first cheque after the release of a game.
Scamming JPMorgan and a Tax Office is just truly heroic
Super happy to see Coffeezilla on this channel.
Regarding the Rogan comparison, channels like Cold Fusion, Coffeezilla and Scammer Payback are gifts to the internet. They are the folks/teams who should be earning hundreds of millions. Rogan is a *not* the same species.
Really is concerning how quick people are to jump on these things, never seeming to learn from the past
Interesting ist that Sam Bankman-Fried was actually coming from the traditional Banking sector. He had some connections to Genser, head of the SEC. So it made people curious why Gensler allowed SBFs fraud but was fighting instead against genuine crypto projects.
Gensler and the SEC weren’t fond of any cryptocurrency project, but back in March 2022 when the SEC was in the process of investigating crypto projects, including FTX, a couple Congress members sent them a letter telling them to back the **** off. Even when Congress interviewed John Ray III, they tried to shift blame away from Crypto onto just FTX, as if there aren’t hundreds of thousands of scams in the space.
@@Aquatj999 the FTX scam was not a crypto scam, it was conducted by traditional finance people bringing banking scams into crypto. They now just blame crypto "it was not us, crypto made me do it".
Thanks for this Chronicle episode.
It's important to be reminded how much important news is forgotten while we're busy getting on with our lives
Moral of the story: Don't invest in things you don't understand!
Moral of the story: don't invest with funds you can't afford to lose.
I had a friend who wanted me to invest in bitcoin back when it was $3. I told him that anything called "coin" couldn't be valued that high. He suggested that I invest $100 and let it ride.
Needless to say he's retired and I'm not.
@@PsRohrbaughstop paddling Bitcoin with your made up story.
Bitcoin is cancer.
There will always be a winners and losers in investing. Because every time you buy, it’s because someone else sold. And vice versa account. If you want to sell an investment at an all-time high, it’s because someone bought it at the all time high. I’ve been on both sides, but that’s the game we play.
So bad these crooks get away with so much with legitimate business struggle to find capital.
Safemoon was the only crypto project at the time where the executive team provided updates, timelines, livestreams with progress, etc. I fell for it. lol felt so silly.
Sorry.
I've been telling people for years that Crypto is PET ROCKS. If you're not old enough to know the hype of pet rocks just do a little research or even use your imagination.
Money has to be backed by something valuable. Today money is backed by... LMAO. uh oh. Here we go again.
A fool an its money are easily parted
@@LegalPhantom a fool can learn and always make money ☺️
Read up on the Tulip mania and the original Ponzi scheme. Bubbles and frauds balloon due to perceived value outpacing intrinsic value. The big ones are those that are the best at selling others that what they are selling is extremely undervalued and that anyone who can’t see that is simply dumb. You got duped… so did a bunch of other people. It sucks and I’m sorry you lost money but I wouldn’t call you a fool just because you were fooled
Keep HODLing bro - diamond hands! ♦Safemoon Army♦🙌🙌🚀🌚🌛💰💰🤑🤑
Regarding "The Day Before": Don't preorder games!
I'm sorry people lost their money, but please just wait until the game releases and see the reviews before buying.
This was such a great video. Thank you, ColdFusion!
Thanks again for keeping us up to date
I'm a simple person. I see a new Coldfusion video and click play. Way to go Dagogo!
the economy is shit world wide.....
so people are more apt to "buy into" get rich quick things........ my grandmother was SO SO SO excited that she won 25 million yesterday
but, of course, they wanted her to send 500 to get the 25 mill
.
when i told her it was a scam..... i could see that she got sad
hell, for my family, 10,000 would be LIFE!!! changing
.
the newest outfit we own is a 2005 buick park ave
(said grandmothers.... who is the "richest" in the family due to SS and teachers retirement..... and her being old enough that both ACTUALLY WORK!!!)
.
my dad drives a 97 buick LeSaber with 350,000
i drive a 99 buick century with 372,000 (and yes.... this family LOVES Buick.... easy to work on, and ya dont have to work on them often.... at least the 2005 and older 3800 powered buicks)
.
.
like.... when a family tells you how rich/poor they are based on the year of their car..... ya know they working class AF
because i live in NE montana..... its 20 miles to work....and i NEED!!!a car
.
its 200 miles to a DAMNED WALMART!!!!
and we go once a year.... as a family "vacation"..... mostly for X-mas shopping
.
.
.
like.... i feel sorry for kids that are ~15 right now
i cant remember my early childhood (too much trauma...divorce....courts favor women, so my alcoholic mother got custody.... i dont want to remember)
.
but i can remember about 13-15 years old and "newer" (im 29 years old today)
.
these new kids are gonna be POOR POOR!
at least i got gifts during X-mas.... due to my parents fighting for my love
(my mom has been sober for like 10 years now.... COMPLETELY different person.... moved back to same town as my dad... and i have a relationship with both now days... THANK GOD! (and im not religious))
.
.
idk.... just thinking about what my sister and i went through
but today, we would be 25% "broker".....
.
no thanks.... it was bad enough
The biggest problem I have with the FTX situation is that, Caroline Ellison needs to go down too! She wasn't some innocent wallflower and victim of SBF's schemes, she was a co-architect of the fraud.
Her parents must have outbid SBF's parents.
inspect nose, extract explanation
Not that i support any kind of scam, but most victims of scams have an unhealthy craving for wanting to get excessively rich and "not wanting to miss out."
More money more problems as the old saying goes.
Equilibrium in life is the best life.
Cold Coffee every year summary is a must from this moment on 🙂
I have less than zero sympathy for JP Morgan and I’m actually happy that one of the biggest scammers in the world has been scammed.
Hell yeah, the collabb we didn't know we needed! :D
Also, let's change that old saying: "If something sounds too good to be true, it is." Not "probably". Not "maybe". It just is, especially when it comes to financial subjects.
Just last night I saw Kyle Hill video about scammers stealing people contents and edit, voice over using A.I. Maybe you all should collaborated.
This collaboration is something we didn’t ask for but damn it’s something we needed🙌🏽
Great recap and great video as always. We simply do not have enough channels like yours.
I wonder if any agencies ever contact Coffee to help with scam related items at this point since he's had such a hand in large cases at this point
Cold Fusion & Coffeezilla collab 🥳 thank you so much
17:54 "Incogni..." - So either they do really contact "brokers" to erase your data, or Incogni themselves own the data and you pay them to erase it. But who knows right..?
Suspicious right?
Incogni gives me 'too good to be true' vibes.
Coffeezilla and cold fusion is the ultimate crossover 🔥
Of all the scams, Frank's with Charlie Javice is the one that saddens me the most. If it had been kept as a small-scale business for longer, it could have been immensely helpful to a lot of people. Greed - as it often does - destroyed this.
The crossover I wasn't expecting but now I want more!
Coffee × ColdFusion 2k24!!!
I love how corporations have lobbied to remove power from government, because they are the problem, thank you Ronald Regan, but cry to daddy to go get their lunch money from the bully when someone does to them what they do to their customers. We are reaching the end of the line for all those who have fallen up over the last 40 years. Buckle up.
I would be devastated if Cold Fusion was caught up in a fraud case, like my inner sanctum of sanity getting fractured. Dagogo stay true and honest.,😎
14:53 that is insane. Trying to scam the taxation office is one of the dumbest things you can do. There’s no way you will ever get away with that.
Two legends come together at last
Being a black tech entrepreneur seeking venture capital is tough. It's hard to get people interested in legitimate businesses when scams exist. I have no sympathy for those who fall for quick money schemes. They deserve the consequences. Making money has no shortcuts.
"The cost of scamming will drop to zero". This caught me
After watching this feeling simultaneously terrified and entertained. Like, who knew scamming could be so creative? From fake CEOs to zombie game apocalypses, these scammers are basically modern-day con artists with access to a whole lot more glitter and special effects.
Collab I didn’t know I needed. Here since the coldfusTion days!!
Greedy is NOT a vulnerability. People got scammed because they want easy money. That is lazy and greedy.
The collab we never asked for but we all wanted ❤
Already, Coffeezilla is officially a legend. I'm so proud of him.
Awesome that you have Coffeezilla on. Two of the best on RUclips,
As of January 2024 Incogni is only available to: US, UK, EU, Swiss and Canadian residents only.
That TikTok advice that conned the Australian government out of $4 billion has had the most hilarious aftermath I’ve ever seen.
Few of my mates are accountants and the amount of under 20’s coming in to get their tax done only to find out their tax profile frozen and with a debt attached to it with a please explain has got to be the most hilarious thing those guys see all day.
Thanks for talking with Coffeezilla about the topic!
(On your note about people liking this interview more than the Joe/Lex’s one, I think it’s a lot of people feel like those two are part of the modern day scammers/people pushing for worse things. Like, they’re lumped together with the scammers and I can understand why. And well, more Joe than Lex 😅)
2020s will be known as the decade of the scammers
If we make it past this decade.
Cold Brew would be an epic crossover with Coffeezilla and You
A Cold Fusion and Coffeezilla is the calab we never knew we needed!
Glad you fixed the volume, cheers mate! hope you have a great year.
Why in the hell would anyone trust Keemstar for financial advice?
Scammers and fraudsters should get life imprisonment.
wait was that "worse than spilling coffe on your shirt" sentence because of Coffeezilla?
most likely