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Published · transcript-backed

Matthew Cox: belief

17 Jan 2024 Lex Fridman Podcast #409 – Matthew Cox: FBI Most Wanted Con Man – $55 Million in Bank Fraud

“There were other guys that were involved in the scam. I think that scam ended up making, I think the FBI said it was 11.”

— Matthew Cox

Source trail

Everything needed to verify it.

Speaker
Matthew Cox
Attribution
Verified speaker
Claim type
belief
Recorded
17 Jan 2024
Publisher
Lex Fridman Podcast

Transcript context

…Ideas. … ideas off of. There were other guys that were involved in the scam. I think that scam ended up making, I think the FBI said it was 11. 5 million or something. But there were so many other people that were involved in that scam that were, this guy’s getting 50, this guy’s getting 17,000, 20,000, 25,000. And we’re just doing it constantly. And so the bank would foreclose on that property. They’d take it back. They’d put it back on the MLS. They put it back on the MLS for 200,000. It wouldn’t sell. Then they’d drop it to 150. It wouldn’t sell. Then they’d drop it to 125, 130. It wouldn’t sell. They’d drop it to 90 and somebody would buy it for 90. It wasn’t worth 90. But by that point, we’d done so many houses at that point the whole area shot up. The FBI said we did 109 houses. I don’t think that’s true. But- Wow.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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