Jack Recider

I mean, I've got to try to understand these numbers more, okay? So I'm just walking through it in my mind. So $100 billion is coming from the U.S. Treasury? Mm-hmm. Yep. That's a lot of money that's just like the U.S.

But still, I can't fathom this amount of money coming in. Like the entire GDP of Nigeria is $500 billion. You're telling me that this one group has stolen almost the equivalent to the whole country's GDP from the U.S. government, almost doubling Nigeria's GDP?

But still, I can't fathom this amount of money coming in. Like the entire GDP of Nigeria is $500 billion. You're telling me that this one group has stolen almost the equivalent to the whole country's GDP from the U.S. government, almost doubling Nigeria's GDP?

Man, the more I look into this, the more problems I see.

Man, the more I look into this, the more problems I see.

The U.S. government spent $5 trillion to try to help Americans get through the pandemic. but it sounds like they didn't do a very good job at protecting that money from fraudsters. I mean, this Rolling Stone article I'm reading right now says it's more like $1 trillion was stolen from the U.S. Treasury. My goodness. I guess it really is the number one crime. And that's such a waste of money.

The U.S. government spent $5 trillion to try to help Americans get through the pandemic. but it sounds like they didn't do a very good job at protecting that money from fraudsters. I mean, this Rolling Stone article I'm reading right now says it's more like $1 trillion was stolen from the U.S. Treasury. My goodness. I guess it really is the number one crime. And that's such a waste of money.

What an awful problem. How can a trillion dollars be stolen from the U.S. Treasury and it be an acceptable amount of loss? And to me, it must be acceptable since this got rolled out in phases. I think $2 trillion was the first to be approved. And of course, scammers immediately started grabbing that cash.

What an awful problem. How can a trillion dollars be stolen from the U.S. Treasury and it be an acceptable amount of loss? And to me, it must be acceptable since this got rolled out in phases. I think $2 trillion was the first to be approved. And of course, scammers immediately started grabbing that cash.

And when that wasn't enough, they rolled out even more trillions of dollars without putting changes in place to stop this from happening. You'd think someone would have said, listen, that last round, a lot of money got stolen. Is this really an acceptable amount of loss? But no, nobody listened. And the money just kept getting handed and handed right to the scammers. What an embarrassment.

And when that wasn't enough, they rolled out even more trillions of dollars without putting changes in place to stop this from happening. You'd think someone would have said, listen, that last round, a lot of money got stolen. Is this really an acceptable amount of loss? But no, nobody listened. And the money just kept getting handed and handed right to the scammers. What an embarrassment.

I'm tempted to get to the bottom of this and figure out who bungled this money. Who was in charge of handing out $5 trillion and was like, oh, we don't need guardrails. I don't think anyone's going to steal from us. Who denied the budget for a security audit or team? Who ignored the person saying, hold on, if we start handing money out this way, we're going to get a lot stolen.

I'm tempted to get to the bottom of this and figure out who bungled this money. Who was in charge of handing out $5 trillion and was like, oh, we don't need guardrails. I don't think anyone's going to steal from us. Who denied the budget for a security audit or team? Who ignored the person saying, hold on, if we start handing money out this way, we're going to get a lot stolen.

Who out there thinks it's totally fine that we lost a trillion dollars? I want my voice to be clear. As an American, this is unacceptable to me. I'm very disappointed that the U.S. government handed this much money to the same Nigerian scammers who tried to convince us all that our long-lost relative was the Prince of Nigeria.

Who out there thinks it's totally fine that we lost a trillion dollars? I want my voice to be clear. As an American, this is unacceptable to me. I'm very disappointed that the U.S. government handed this much money to the same Nigerian scammers who tried to convince us all that our long-lost relative was the Prince of Nigeria.

I would be understanding if the government fell victim to some sophisticated cyber attack like a ruthless, unstoppable bull. But you got taken by the least sophisticated scammers on the planet. You need to do better. When you're handing out this much money as fast as you can, you've got to look at who you're handing it to. At the very least, give it to an American.

I would be understanding if the government fell victim to some sophisticated cyber attack like a ruthless, unstoppable bull. But you got taken by the least sophisticated scammers on the planet. You need to do better. When you're handing out this much money as fast as you can, you've got to look at who you're handing it to. At the very least, give it to an American.

What is this, your first day on the internet? Listen to Secret Service agent Roy Dotson here. He's the lead investigator of this case. Fast money equals fast crime. I mean, at this point of this interview, I'm just kind of feeling defeated.

What is this, your first day on the internet? Listen to Secret Service agent Roy Dotson here. He's the lead investigator of this case. Fast money equals fast crime. I mean, at this point of this interview, I'm just kind of feeling defeated.

A big thank you to Ronnie Takazowski for sharing his stories with us. He works for a place called Intelligence for Good, and he's the chief fraud fighter there. If you run into any of the problems that you heard today, you might want to check out Intelligence for Good because they might be able to help you.