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Big Time

Something’s Up at the Villa Carlotta | 8

Mon, 12 May 2025

Description

In a town built on dreams and connections, investor David Bloom’s arrival at Hollywood’s Villa Carlotta seems like a stroke of luck for a handful of residents. Big Time is an Apple Original podcast, produced by Piece of Work Entertainment and Campside Media in association with Olive Productions. Follow and listen on Apple Podcasts.apple.co/BigTimePod

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Transcription

Chapter 1: Who is David Bloom and why did he move to Villa Carlotta?

64.766 - 76.151 Marshall Heyman

The residents of the Villa Carlotta apartments first remember seeing David Bloom in the summer of 2021. The neighbors were excited just to be near each other again. Every gathering felt like a party, and everyone was welcome.

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79.73 - 86.518 Gina (Film Editor)

Nobody was masking as much. We were sitting out together and I had ordered some Joe Stone crab to the villa.

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Chapter 2: What was David Bloom's behavior and first impressions among neighbors?

86.738 - 88.76 Marshall Heyman

This is a film editor we're going to call Gina.

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88.981 - 107.394 Gina (Film Editor)

We were just sitting out at the pool, basically cracking open crabs and eating crab and laughing and looking like we were having a grand time, which we were. There was this guy, this new guy, who had moved in. He was sort of a, I'd say, older gentleman, but older compared to most of the people with the villa. And he was sort of milling around with a drink in his hand.

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108.054 - 125.662 Gina (Film Editor)

And it looked like he was just trying to make friends. I, of course, had ordered a key lime pie along with the Joe Stone crab. And he kind of moseyed over and said, you know, can I have a piece of pie? And we had plenty of pie, so I said, sure. Then he just sat down with us and started talking. And he was quite a talker.

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131.601 - 144.106 Marshall Heyman

David Bloom introduced himself as a businessman, a Duke grad, an art lover. He had just moved into the Villa Carlotta. He was small, about 5'2", always well-dressed, always carrying a drink.

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145.446 - 157.211 Alexander

All he did was talk about himself. And even if someone in this little group, as we were smashing the stonecrap, would tell something about themselves to introduce themselves to David, David would turn that into a story about him.

159.141 - 163.465 Marshall Heyman

That's another Villa Carlotta resident we'll call Alexander. He works in marketing.

164.486 - 181.123 Alexander

Someone knew someone in politics. Well, David's ex-wife worked for Hillary Clinton. Like, okay, David, this is random. And I thought to myself, like, this guy does not listen. This guy just loves talking about himself, and that's it.

185.865 - 205.523 Marshall Heyman

What strikes me about the way people from the Villa Carlotta talk about David Bloom is that no one really seemed to like him. Even before he allegedly scammed them out of hundreds of thousands of dollars. But David had something even more important in Hollywood than likability. David had connections. Connections that he promised would lift everyone up around him.

210.714 - 229.046 Marshall Heyman

The Villa Carlotta apartments really are for people on the up and up, people who already have some money but are passing through Los Angeles to make some more. It's a cross between a chic hotel and a luxury apartment building. Every unit's fully furnished. It has a saltwater pool in the courtyard. There's a high-end fitness center and a concierge.

Chapter 3: How did David Bloom integrate into the Villa Carlotta social scene?

324.114 - 344.406 Marshall Heyman

There are only a few places in Los Angeles where the CNBC crowd goes to eat. Craig's in West Hollywood is one of them. It's the kind of restaurant that serves a $33 vegan chicken parm and a nearly $50 sundae named after a TikTok star. If you go to Craig's, you're bound to see famous people. They're part of the ambiance, part of the furniture.

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353.757 - 374.886 Gina (Film Editor)

So that was our first dinner out. He and I alone went to Craig's and we got a great table. We were sitting next to Elton John. I just thought it was like, oh, this is great. And the hostess hugged him hello as if she knew him well. He was that kind of guy to make friends with the hosts that mattered. I think Craig even came over and shook his hand.

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375.627 - 379.789 Gina (Film Editor)

It made me believe that that's who he was pretty early on.

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380.489 - 386.261 Marshall Heyman

Gina and David seemed to have a lot in common. They talked about art, theater, culture, food.

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386.621 - 409.544 Gina (Film Editor)

He's Jewish. We sort of have that background. We started talking about people we knew in New York, and it seemed like some of that overlapped. He sort of grew on me, and we became friends and started going to Craig's once a week, and more villa people started coming. Within a few months, David had a whole little crew with him at Craig's, all from the Villa Carlotta. We would all pile in.

409.584 - 413.307 Gina (Film Editor)

We'd get six or seven or eight people even and pile into a booth.

413.907 - 416.469 Marshall Heyman

And was he the kind of guy who would, like, order stuff for the table?

416.529 - 434.361 Gina (Film Editor)

Or, like, what was his sort of order like? Yeah, well, they were appetizers he loved. So he would always order, like, the pigs in a blanket and the meatballs and a Caesar salad and then maybe a pizza. But yes, he was definitely a guy to order for the table. And then everyone would order. You know, whatever they wanted.

435.381 - 438.203 Marshall Heyman

Alexander would join in too. He was impressed.

Chapter 4: What connections did David claim to have in Hollywood and business?

821.855 - 841.768 Alexander

And because I care about you and I love you and I have an opportunity, I want to share the wealth with you. And I remember him saying the amount and he said it in this New York accent. And then it'll take a couple of weeks for the funds to settle and then I'll pay you back. Okay. Let's draft up some paperwork.

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842.249 - 847.053 Marshall Heyman

And are you typically someone who invests in things? Like, is that something that you've done in the past?

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847.313 - 866.53 Alexander

Not like this. So, no, not at all. And even at the time, to me, like, it didn't make sense. But at this point, I am convinced that David is a better businessman than I am. He's made millions selling to Netflix. He makes... Bucket loads of money selling advertising billboards all across town. Like, he's a good businessman.

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867.271 - 883.865 Alexander

He claims that the owner, Ron Burkle of Soho House, was his mentor and his friend. Like, he showed me messages, emails with the guy on his mobile phone. Like, I didn't quite comprehend it. I understood some parts of it. And that was that.

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885.226 - 889.43 Marshall Heyman

From what Alexander understood, this sounded like a slam dunk.

890.322 - 898.688 Alexander

David made it abundantly clear not to discuss this opportunity with anyone else. They must have repeated that a hundred times. Don't talk to anyone else about this.

899.738 - 925.451 Gina (Film Editor)

There was a lot of talk from David about not telling anyone else. It was just for me. He didn't really want anyone else to know about it. And so I didn't think to. Did I think maybe there was some sort of nefarious aspect? I don't know. Maybe. But I never believed he would hurt me. At this point, I really believed that he would do whatever he was doing to benefit me. He'd always acted that way.

925.911 - 935.777 Gina (Film Editor)

with me. He loved me. He told me he loved me. He was my friend. I was, you know, he was so happy and lucky that he met me. Oh my God, that sounds so pathetic.

937.558 - 942.54 Marshall Heyman

Gina says she trusted David so much that she didn't hesitate when David pitched her a second time.

Chapter 5: What was the investment opportunity David Bloom pitched to neighbors?

1018.366 - 1021.067 Gina (Film Editor)

I mean, a lot of people did give in to him.

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1022 - 1034.103 Marshall Heyman

According to Gina and Alexander, a lot of Villa Carlotta residents said yes to David's whole Soho House pitch. They all just handed over the cash. And if you're thinking this is when David took everyone's money and ran, that wasn't David's style.

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1037.819 - 1060.818 Gina (Film Editor)

So Labor Day weekend, David thought it would be great if we rented a house in Malibu. Why don't we get a two-bedroom house on the beach? And again, my mindset at that point had changed in that all of this money was about to come in. It was really going to be a lot of money, and I was going to be able to rent a house or split a house on the beach.

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1060.878 - 1082.326 Gina (Film Editor)

And Labor Day weekend, I thought, how fun, and we'll have a party and invite a bunch of people. It was a dream of mine to do that. And he also made me feel and I think everybody feel like we could live our dreams. You know, we could we're going to be able to afford it now. So just do it. And so he rented the Malibu house. He took care of the logistics.

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1082.847 - 1088.028 Gina (Film Editor)

My understanding later on is that he put it on his girlfriend's credit card.

1092.955 - 1095.497 Marshall Heyman

And what was spending that weekend like in Malibu together? Was it fun?

1095.898 - 1117.216 Gina (Film Editor)

So it was fun. Mostly my friends came out and it was a great time. It wasn't Shaq. It wasn't a huge place, but it was on the beach, which I loved. And my dog came and we went out at dawn and walked on the beach, which is like, you know, I pretend I'm that girl who gets up at sunrise and walks her dog on the beach like I'm in a commercial.

1117.556 - 1127.119 Marshall Heyman

But I did it. And then, just as the Soho House IPO sale was about to happen, David and his girlfriend go on a trip to Europe.

1136.081 - 1136.401 David Bloom

No.

Chapter 6: How did neighbors like Gina and Alexander respond to David's investment pitch?

1164.434 - 1177.403 Marshall Heyman

While David was maybe or maybe not gallivanting on the croisette in Cannes and drinking Aperol spritzes in Paris, worry starts to brew at the Villa Carlotta. A neighbor gathered David's crew for a talk.

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1178.184 - 1190.372 Alexander

Get a text message. Can you come to the pool? Okay. We've got something to discuss. And I'm like, oh no, shit. What does that mean? It's never good. Like when someone says we've got to talk, like that's never a good thing.

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1191.175 - 1211.208 Gina (Film Editor)

So I went out and met them at the pool just to visit. We always did that. That was normal. And the minute I got out there, she was sort of pacing back and forth and clearly upset. And she's like, I don't know how to say this. I don't know what to do. My heart is beating so fast. She said, but I have to say this. Did you give David any money?

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1214.013 - 1223.035 Gina (Film Editor)

And that was the first time anyone else had ever sort of broken that veil. Once the floodgates opened, she had a lot to say.

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1228.117 - 1239.649 Marshall Heyman

This is the first time they're all realizing that David seems to have sold them on the same bill of goods. Altogether, they'd claimed to have given David more than $200,000. And this one neighbor had some suspicions.

1240.389 - 1243.733 Gina (Film Editor)

She just started questioning in a way that I hadn't.

1245.057 - 1264.852 Marshall Heyman

It's another rule in Hollywood. You don't fact-check people. It only gets you enemies. And David seemed to have just so many friends. He could set up big meetings. He could make introductions. He could get tables at fancy restaurants. But this neighbor and her boyfriend? They'd look David up.

1265.413 - 1275.636 Alexander

And then they told me, we found all these articles, Sam, about David in the 80s being a scam artist and stealing all this money from people with fake investments.

1276.056 - 1284.239 Marshall Heyman

David had been doing this routine for decades, boasting about his connections and his investment knowledge so that he could take money from the people closest to him.

Chapter 7: What led neighbors to trust David and invest tens of thousands of dollars?

1285.003 - 1294.597 David Bloom

At 23, he'd already been hailed as, quote, one of Wall Street's new breed of private investors. But you may never have heard of David Peter Bloom and you may be lucky you didn't.

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1295.058 - 1298.463 Alexander

They called him a whiz kid. Now he's known as something else.

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1306.425 - 1330.727 Marshall Heyman

After he graduated from Duke in 1985, he started an investment company in New York City. Within only a couple of years, he collected nearly $10 million from investors. He'd send them sham quarterly earnings reports. But the only investment they were really making was in David. With their money, he bought himself expensive cars, jewelry, art, multiple apartments.

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1331.388 - 1354.095 Marshall Heyman

And then, at just 24 years old, he was sentenced to eight years in prison. When he got out in 1996, he did it again. A few years later, federal prosecutors accused him of defrauding at least 10 workers at a Manhattan restaurant out of between $50,000 and $200,000. He spent six years at the Vernon C. Bain Correctional Center, which is a prison boat in the Bronx.

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1354.916 - 1361.742 Marshall Heyman

In 2011, after getting out of jail the second time, he moved to L.A., where he could start over. He never even changed his name.

1369.866 - 1392.972 Alexander

The more I read about it and the more I learned about David Bloom and his history, I realized that this guy went to prison when I was just born. I was still a baby the first time he went to prison. Apparently, like you can find this on the internet, the Sultan of Brunei and people more successful than me were victims of this too. I was really, really upset.

1392.992 - 1413.318 Alexander

Because I'd always envisaged being scammed is what happens like when a Nigerian prince calls you. Not a guy that I can see in front of me with my own eyes, who I've been socializing with for months, who lives across the hallway from me, who pretends to be my friend. I build up some kind of like rapport at this point.

1413.738 - 1425.425 Alexander

I realize now after the fact that he'd been grooming me to try and win my trust and To try and manipulate into believing what he says and what he tells me and pretending to be something he's not.

1426.466 - 1441.258 Marshall Heyman

The neighbors all believe not only has David made off with their original investment, for most of them tens of thousands of dollars, but the hundreds of thousands of dollars they were counting on getting in return, they weren't going to get those either. Did you reach out to David to be like, what is up?

Chapter 8: What were the promises David made about returns and paying rent?

1538.137 - 1541.459 Marshall Heyman

They decide to use their numbers against him and confront him as a group.

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1542.459 - 1553.284 Gina (Film Editor)

Basically, eight or ten of us marched over there, walked up to his door, stood in the hallway, and banged on his door and said, David, come out here. We need to talk to you.

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1553.945 - 1560.348 Marshall Heyman

They have a lot of questions for him, like, what's going on? Where's our money? Why did you do this to us?

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1561.158 - 1584.315 Gina (Film Editor)

He did say sort of whimpering, I'll get you your money back. I'll pay you all back. I'll get you your money tomorrow. And so that's all he had. Like, that's all he had to say. But he didn't say he didn't do it. He didn't say nothing was true of what we were saying. So he basically admitted to what he did and said he would, you know, he would get everybody their money back. Just be patient.

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1585.148 - 1597.837 Marshall Heyman

But being patient hadn't gotten Gina and Alexander anywhere with David before. At least not anywhere good. Alexander worried that after this big confrontation, David would slip away into the middle of the night, never to be seen or heard from again.

1598.55 - 1622.211 Alexander

I considered him a flight risk. I said, for all I know, David, you're going to run off in the middle of the night, never to come back. I said, so what you're going to do is you're going to surrender to me your passport, your wallet with everything in it, and your mobile phone. And at first he didn't want to do that, but then we said, well, then we'll go to the police.

1622.981 - 1641.672 Alexander

And that clearly, I mean, that scared him. He said, no, no, no, no, no, no, no. And so first he handed over his passport. Then he handed over his wallet with his bank cards in it. It was $51 in it too. And then he handed over his mobile phone. I said, and you'll get all of this back when you pay us our money back.

1642.774 - 1655.051 Marshall Heyman

Alexander stayed awake outside David's door that entire first night. It was kind of a stakeout. The next morning, David did try to escape the Carlotta, but Alexander wasn't going to let that happen. Not on his watch, at least.

1655.572 - 1670.965 Gina (Film Editor)

And David said, I need my phone. Give me my phone back. I can't do anything without my phone. My understanding is David took his phone and then ran out of the building and tried to run. I guess there was a bit of a chase on the street and they got caught up in a bunch of homeless people.

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