[HN Gopher] Tai Lopez charged by SEC in ponzi scheme
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       Tai Lopez charged by SEC in ponzi scheme
        
       Author : handfuloflight
       Score  : 29 points
       Date   : 2025-09-28 21:44 UTC (1 hours ago)
        
 (HTM) web link (www.sec.gov)
 (TXT) w3m dump (www.sec.gov)
        
       | softwaredoug wrote:
       | If they had just thought to get in the Trump cabinet they could
       | have gotten away with it.
        
       | altairprime wrote:
       | Three REV executives were charged:
       | 
       | > _Taino Lopez and Alexander Mehr, co-founders of Retail
       | Ecommerce Ventures LLC ("REV"), and its Chief Operating Officer,
       | Maya Burkenroad_
        
       | ohyoutravel wrote:
       | He needs to make a donation to the administration asap if he's
       | going to get this dropped.
        
       | JackWilli wrote:
       | he is going to have plenty of time to finally read those books
       | and acquire knowledge in prison
        
       | perihelions wrote:
       | Previous context?
       | 
       | https://news.ycombinator.com/item?id=29607989 ( _" RadioShack -
       | Bringing Cryptocurrency to the Mainstream (radioshack.com)"_
       | (2021))
       | 
       | https://news.ycombinator.com/item?id=31958998 ( _" RadioShack
       | reinvents itself as a crypto platform with wild tweets
       | (washingtonpost.com)"_ (2022))
       | 
       | (Amusing to count five different HN'ers calling it a "scam", and
       | two more calling it a "Ponzi").
        
       | Hikikomori wrote:
       | Here in my garage
        
       | trollbridge wrote:
       | Circa 2010, I met Tai and he wanted some work done for his
       | portfolio of dating websites he had back then. (He had a whole
       | bunch of them targeted to various ethnic groups, religious
       | subgroups and so on.)
       | 
       | It became apparent that (a) he had a huge pile of messy PHP,
       | WordPress-based sites, and then (b) expressed contempt for paying
       | $35 an hour for programmers since his opinion was you could get
       | programmers in the third world for $5 an hour. He negotiated me
       | down to $25. I ended up declining.
       | 
       | Like many people who crow about how they're a "millionaire", when
       | it came time to show the money, he was suddenly really concerned
       | about very small amounts of money here and there.
        
         | ariwilson wrote:
         | I don't know Tai Lopez and he seems like an asshole based on
         | his public persona but I think you'd be surprised by the number
         | of (especially first generation) millionaires who will
         | negotiate over pennies. The easiest way to have a lot of money
         | is to earn a lot and not spend a lot.
        
       | ctkhn wrote:
       | I'm here in my cell
        
       | modeless wrote:
       | People may remember Tai Lopez from his "Here in my garage, just
       | bought this new Lamborghini here" YouTube ad, subject of several
       | parodies such as: https://www.youtube.com/watch?v=0GIwTG8V-Ko
       | 
       | I think he was one of the first to realize that you could take
       | YouTube videos that are several minutes long and turn them into
       | pre-roll ads inserted in front of other videos. I honestly know
       | nothing else about him and I hope to keep it that way.
        
         | ubermonkey wrote:
         | I only clicked into this thread hoping someone would link
         | exactly that video.
        
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       (page generated 2025-09-28 23:00 UTC)