Umang Shah
👤 PersonAppearances Over Time
Podcast Appearances
He says, hey, we're at this pivotal point. We're building this platform. Our credit cards are getting blocked because of technical reasons. We need some new credit cards. Are you able to help? And we put together a structure where he was going to pay me back a certain fee in exchange for allowing him to use my credit card.
He says, hey, we're at this pivotal point. We're building this platform. Our credit cards are getting blocked because of technical reasons. We need some new credit cards. Are you able to help? And we put together a structure where he was going to pay me back a certain fee in exchange for allowing him to use my credit card.
um and and so just just for context the business that he was running at the time was all about kind of rent to own so once once this this deal started where he was you know he was using my credit card um the expenses actually started racking up really fast um and so you know again it would reach a certain point when maybe i put a couple hundred thousand dollars on my credit card he would
um and and so just just for context the business that he was running at the time was all about kind of rent to own so once once this this deal started where he was you know he was using my credit card um the expenses actually started racking up really fast um and so you know again it would reach a certain point when maybe i put a couple hundred thousand dollars on my credit card he would
um and and so just just for context the business that he was running at the time was all about kind of rent to own so once once this this deal started where he was you know he was using my credit card um the expenses actually started racking up really fast um and so you know again it would reach a certain point when maybe i put a couple hundred thousand dollars on my credit card he would
pay some of it back, and then, you know, we'd find a way to get the card authorized to use again, and then he'd rack some more on. Again, he was building out these, like, really complicated payment structures. Okay, I'm going to pay you this amount, this, at this point, this amount for this point. He was going to cover any fees. But then that starts to change, too. money just started drying up.
pay some of it back, and then, you know, we'd find a way to get the card authorized to use again, and then he'd rack some more on. Again, he was building out these, like, really complicated payment structures. Okay, I'm going to pay you this amount, this, at this point, this amount for this point. He was going to cover any fees. But then that starts to change, too. money just started drying up.
pay some of it back, and then, you know, we'd find a way to get the card authorized to use again, and then he'd rack some more on. Again, he was building out these, like, really complicated payment structures. Okay, I'm going to pay you this amount, this, at this point, this amount for this point. He was going to cover any fees. But then that starts to change, too. money just started drying up.
And so I started to stress, because when I tell people this, it's hard for people to understand. But we had put about a million dollars on my credit card at this point. It started to get really stressful and concerning. And I was calling Josh like, hey, you got to pay me back. My wife was pregnant at the time. We were expecting my first child.
And so I started to stress, because when I tell people this, it's hard for people to understand. But we had put about a million dollars on my credit card at this point. It started to get really stressful and concerning. And I was calling Josh like, hey, you got to pay me back. My wife was pregnant at the time. We were expecting my first child.
And so I started to stress, because when I tell people this, it's hard for people to understand. But we had put about a million dollars on my credit card at this point. It started to get really stressful and concerning. And I was calling Josh like, hey, you got to pay me back. My wife was pregnant at the time. We were expecting my first child.
All of the stress on top of, you know, this financial stress on top of that other stress on top of COVID. He would try to appease me by sending me documentation of, you know, these accounts that have $50 million in there, but they're tied up and he just can't get the money out right now.
All of the stress on top of, you know, this financial stress on top of that other stress on top of COVID. He would try to appease me by sending me documentation of, you know, these accounts that have $50 million in there, but they're tied up and he just can't get the money out right now.
All of the stress on top of, you know, this financial stress on top of that other stress on top of COVID. He would try to appease me by sending me documentation of, you know, these accounts that have $50 million in there, but they're tied up and he just can't get the money out right now.
He would even send me letters from different bank officials claiming that wires were sent or there was an error with the wire and that they were going to work on it. And Kami says she thought the money was there too.
He would even send me letters from different bank officials claiming that wires were sent or there was an error with the wire and that they were going to work on it. And Kami says she thought the money was there too.
He would even send me letters from different bank officials claiming that wires were sent or there was an error with the wire and that they were going to work on it. And Kami says she thought the money was there too.