Fox News reported that Jordan Belfort, the Wolf of Wall Street, came out in support of Elon Musk and his Department of Ungodly Greedy Executives (DOUGE). Belfort stated:
"Listen, it's like the oldest trick in the book. Back in the day when I wanted to hide my spending from my father, who worked for me — he was the gatekeeper… So what do you do? You just leave everything blank where the money goes. Who knows? You can't trace it."The Treasury review cited missing accounting codes, not payee information. There's a trail to track possible fraud.
Belfort was convicted of securities fraud and money laundering, both of which required evidence of wrongdoing.
....plea deal with the FBI for running pump-and-dump schemes that led to investor losses of a staggering $200 million.
Musk's assertions of "widespread fraud" in the Treasury payment system are just that, assertions. Someone in law enforcement traced Jordan's criminal trail, even after he "left everything blank."
Bitcoin afficianado Michael Saylor compared FTX's Sam Bankman-Fried to Belfort in November 2022.
"I mean, in fact, in a sense, SBF is like the Jordan Belfort of the crypto era. Instead of 'The Wolf of Wall Street,' they'll make a movie called 'The King of Crypto.'"
Why would Fox News interview a convicted con man who's been compared to FTX's Sam Bankman-Fried? SBF pled guilty to seven counts of fraud, including "wire fraud, conspiracy to commit wire fraud, conspiracy to commit securities fraud, conspiracy to commit commodities fraud, and conspiracy to commit money laundering."
SBF is angling for a Trump pardon so he can join the new religion crypto crowd as a reformed wrong doer. Belfort may or may not be happy to share this niche with Bankman-Fried.
LondonReal promoted its interview with Belfort with:
Jordan, a born salesman with a penchant for the high life and an almost effortless ability to generate moneyComing to the defense of the richest man in the world? That could generate some ka-ching.
CNN reported on Elon Musk's drug use in March 2024:
Musk, who is known for his often erratic behavior, has faced scrutiny following recent reports about his alleged drug use and the potential impact on his companies.Musk said his investors should want him to continue using prescription ketamine. What about the American public? Self medicating does not rank high in my list of job qualifications for DOUGE Chief/non-chief.
Trump axed the people concerned with rooting out waste, fraud and abuse, Department Inspectors General. That enables Musk to offer shoddy evidence of financial fraud, with few to no challenges.
Beware the convicted fraudster pointing out poor management practices as "fraud" with the intent of committing more fraud (crypto, defi, NFT....).
Born salesman...penchant for the high life....effortless ability to generate money
Those descriptions apply to many people in the public eye. What do you call a multilayer conman scheme?
We are dangerously close to that very thing, if we have not already arrived. When the biggest bull shitter joins the lie, watch out. I suggest it be called "the Belfort Indicator."
