Originally published at: TikTok influencer openly brags about defrauding credit card companies for easy cash | Boing Boing
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everybody’s so creative!
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So he’s either a fraudster, or likes to pretend to be one; waving his parents’ credit cards around in the pool. I’m gonna guess this is just viral click-generating nonsense, but if he’s for real, hope he has fun in court!
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What if I told you there was a way to walk into a bank with a gun and walk out with as much cash as you could carry?
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Even setting aside the (obvious) fraud part, this sort of thing lets the creditor – as they say – pierce the corporate veil. Undercapitalized, co-mixing of funds, lack of business purpose, etc. all will let a court disregard the corporate form and go right at this guy.
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i really hate the term “influencer” – but anyway, he’s clearly deep in the “Fucking Around” phase of FAFO, just about to head into the most educational part.
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Millennials think they’re the first ones who invented fire…
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He’s stumbled onto the secret of America’s bailouts-for-rich, austerity-for-the-poor system; he just hasn’t taken it far enough yet.
“If you owe the bank $100, that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.” - J Paul Getty
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That kid is way too young to be a millennial.
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The Australian folk band Redgum used to have a song about this:
“Get yourself a delinquent bank-card, make it ANZ.
Meet your needs and not your greeds, get yourself ahead.
And it’s a form of reprisal, a song of survival
Oh, keep your morals intact.
Don’t be naive, you’re stealing from thieves.
Oh, it’s a matter of tact.
Just don’t let yourself get caught – in the act.”
– “Caught in the Act”, Redgum
However, I think they assumed – mostly correctly – that their audience were smart enough not to actually try it. Which might not be the case with people who follow TikTok influencers.
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Here is one easy trick to get long term housing in a government funded Find Out facility.
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I have an even better money-making scheme:
- Take out an American Express card in the name of your business.
- Use it to buy a $100,000 watch from one of this guy’s followers for $80,000.
- Sell the watch for $100,000 to another of this guy’s followers.
- Pay AmEx back $80,000.
- Keep the $20,000 difference.
- Repeat steps 2-5.
Of course it might be wise to read the fine-print closely just to make sure there’s no way for AmEx to claw back that $100K when it becomes clear that the buyer in step 3 has no intention of paying his debt – but, hey, attention to detail is why you earn the big bucks.
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“Now, to the average person, guys, this sounds crazy.”
“Crazy” isn’t quite the first word most of us poor benighted average people would use.
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“The prosecuting attorney is going to love this video.“
Yes. Yes they are.
Like a bank robber handing over their demand note on personalized stationery.
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Some other “influencer” had the “hack” of going into Starbucks, saying she had ordered a drink through the app, and then, since there’s no drink, they would tend to make another one for her for free. Seemed less of a hack, more like shoplifting, except for shoplifters don’t make a video saying how easy it is to be a shoplifter.
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I prefer this method:
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See how it looks like something you shouldn’t have done… but you did it.
And he’s also gonna charge people for the deceptive advice, which should add on a few more racketeering charges.
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So young, so dumb, so devoid of morals, so clueless of consequences, Maybe he’s counting on trump getting back in and this is his resume. Or maybe he believes he could survive a federal prison. I could almost feel sorry for the pain waiting for him. Almost but nah, tough shit kid. That baby face won’t buy you anything you want in prison.
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Works for the most former US President…
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