He Stole $100 Million From His Clients. Now He’s Living in Luxury on the Côte d’Azur

Discussion in 'Wall St. News' started by RedDuke, Dec 18, 2017.

  1. ElCubano

    ElCubano

    That's like the compliance officer at a chop shop.. lol
     
    #11     Dec 18, 2017
  2. Good article.

    It is really amazing how someone with millions of dollars can not just sit their butt down and live a modest lifestyle.

    Guess what? If I had $3Million, guess what I would invest in. Absolutely Nothing!! Trading for me is done. All I would do is sit down and go outside.

    The problem is people with large amount of money think they can make more money. It's actually stupid.

    There is no sense on earth in investing in anything if you already rich.
     
    #12     Dec 23, 2017
  3. Humpy

    Humpy

    There is a great system in the US that allows crooked bankrupts to emerge soon after a short jail sentence with millions.
    You-know-who according to the web has been bankrupted about 5 times but never went to jail or lost his billions.
    Must be a great encouragement to a youngster.
     
    #13     Dec 23, 2017
  4. you cannot keep the proceeds of crime in the UK -but for $5,000 you could probably hire a scumbag to kill this piece of crap
     
    #14     Dec 24, 2017
  5. luisHK

    luisHK

    Good luck beeing rich with 3million usd in a saving account and no other source of income.
     
    #15     Dec 24, 2017
    d08 likes this.
  6. luisHK

    luisHK

    Hall of fame quality content.
     
    #16     Dec 24, 2017
    d08 likes this.
  7. Visaria

    Visaria

    Lol...$3 million is not rich where I live.
     
    #17     Dec 24, 2017
  8. Gambit

    Gambit

    Isn't the "rich" number somewhere around 10 million? I heard that on CNBC a while back so the number might have risen due to inflation. Rich is relative though.
     
    #18     Dec 24, 2017
  9. d08

    d08

    You're not understanding that the fact that they made $3 million means they are not happy with sitting around with any amount unless they've become senile. Otherwise they would've stopped at $2 million, why not that amount?

    It's not at all stupid of them to expect to make more money. They were successful, why would they not expect the success to continue?

    Maybe this is why you haven't made $3 million and perhaps never will? This isn't supposed to be provocative but rather a logical and philosophical exercise.

    I assume you could earn 5% annually with very very low risk. That's just 150k per year, not nearly enough to live a worry-free lifestyle and enjoy all the material things in life.
     
    #19     Dec 24, 2017
    SimpleMeLike likes this.
  10. Humpy

    Humpy

    `Some reckon the Rothchilds own about half the value of the world's stock markets.
    Having build their fortune on a pump and dump philosophy.
     
    #20     Dec 25, 2017