Zack
๐ค SpeakerAppearances Over Time
Podcast Appearances
So right now, there is a humongous amount
field that... So when I spent my last two years in federal prison, I was hearing this and I'm like, are you kidding me?
There's a humongous field of people who are calling elderly people and tricking them out of their login and code and wiring their money right out of their account.
Matter of fact,
I don't know.
I think it's kind of died down.
I think they've warned people or they just hit so many people.
But it was such a problem that Congress was actually about to expand the FDIC to cover for those people.
Yeah.
You know, they never did it.
They never did it.
They were about to tell the FDIC, hey, if someone tells you that they were conned out of their passcode and information in their bank and someone stole their money, you're still going to give them the money back.
You know what I'm saying?
My criminal mind was like, please do that.
I read that one of the things they tell them is that they're going to close their account and transfer all their money to England.
And that's what I was saying.
People like that were talking to Congress.
And people like Elizabeth Warren was screaming, well, they still should get their money back.
They wanted to make a law that the FDIC, because basically the bank's like, look, the FDIC is not legitimately going to cover all those claims.
And she wanted to say, yes, the FDIC will.