Matthew Cox | Inside True Crime Podcast
Teenage Con Artist or Genius? Ian Bick’s Million Dollar Ponzi
02 Jun 2025
Ian Bick tell his story of going from teenage party promoter to nightclub owner, to running a million dollar ponzi scheme at the age of 18 and finally at 21, getting arrested by the FBI and sent to federal prison for fraud. Website: https://www.ianbick.com/YouTube Channel: @ianbickCT Follow me on all socials!Instagram: https://www.instagram.com/insidetruecrime/TikTok: https://www.tiktok.com/@matthewcoxtruecrimeDo you want to be a guest? Fill out the form https://forms.gle/5H7FnhvMHKtUnq7k7Send me an email here: [email protected] you want a custom "con man" painting to shown up at your doorstep every month? Subscribe to my Patreon: https: //www.patreon.com/insidetruecrimeDo you want a custom painting done by me? Check out my Etsy Store: https://www.etsy.com/shop/coxpopartListen to my True Crime Podcasts anywhere: https://anchor.fm/mattcox Check out my true crime books! Shark in the Housing Pool: https://www.amazon.com/dp/B0851KBYCFBent: https://www.amazon.com/dp/B0BV4GC7TMIt's Insanity: https://www.amazon.com/dp/B08KFYXKK8Devil Exposed: https://www.amazon.com/dp/B08TH1WT5GDevil Exposed (The Abridgment): https://www.amazon.com/dp/1070682438The Program: https://www.amazon.com/dp/B0858W4G3KBailout: https://www.barnesandnoble.com/w/bailout-matthew-cox/1142275402Dude, Where's My Hand-Grenade?: https://www.amazon.com/dp/B0BXNFHBDF/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1678623676&sr=1-1Checkout my disturbingly twisted satiric novel!Stranger Danger: https://www.amazon.com/dp/B0BSWQP3WXIf you would like to support me directly, I accept donations here:Paypal: https://www.paypal.me/MattCox69Cashapp: $coxcon69 Learn more about your ad choices. Visit megaphone.fm/adchoices
Full Episode
This was all legitimate, maybe not, you know, ethical. I was so confident that the shows would make money that I'm just promising their initial investment.
What are you, 17? How do you scrape together 40 grand?
There's like 12 investors, and I would say eight of them are kids. I was named top 10 entrepreneurs in Connecticut. At 18 years old, they handed me a Target letter. You're officially under investigation. But why are fraud money laundering, bank fraud?
Are you starting to realize this is super serious? You were raised in Connecticut.
Yeah, right down the road in Danbury.
Okay.
I was born in New York City and then we moved to my family's summer home where we grew up. They renovated it for my dad's summer home and then grew up there on the lake, Jewish community called Lake Wabika.
Okay. So, I mean, if it was a summer home, why were you raised there?
It was my dad's summer home and he renovated it to move our family there.
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