WEBVTT - Cliff Notes: USAIN BOLT LOSES 12 MILLION IN JAMAICAN BANK SCAM

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:00:07.720 --> 0:00:11.840
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:00:11.920 --> 0:00:15.840
<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:00:31.760 --> 0:00:34.960
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 1>are here illegally, your next you will be fined nearly

0:00:39.000 --> 0:00:43.000
<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

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<v Speaker 1>never return. But if you register using our CBP home

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<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

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<v Speaker 1>border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security.

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<v Speaker 3>Let's talk about this.

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<v Speaker 4>UH.

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<v Speaker 3>Our friend eyl Alumni, arguably the greatest athlete of all time,

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<v Speaker 3>gentleman and a scholar and UH ambassador for the country

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<v Speaker 3>of Jamaica. Usain both very unfortunate situation. Yeah, very unfortunate situation,

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<v Speaker 3>and we wish him the best and everybody else that's

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<v Speaker 3>involved in the situation, we wish him the best. But

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<v Speaker 3>from my understanding, he had a retirement account that was

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<v Speaker 3>invested in Jamaica.

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<v Speaker 5>Yes, stop send Securities Limited, the firm base.

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<v Speaker 3>In Kingston, fourteen million dollars twelve point eight and uh

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<v Speaker 3>just disappeared.

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<v Speaker 5>Twelve thousand is left twelve thousand.

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<v Speaker 3>So talk about that and then talk about No, no, it's

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<v Speaker 3>not funny.

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<v Speaker 5>No, I'm not laughing at that. Yeah that's crazy.

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<v Speaker 3>Yes, so talk about that, and then let's talk about

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<v Speaker 3>how that could be a learning experience for anybody else.

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<v Speaker 2>You're talking about.

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<v Speaker 4>You're true, you want to go first.

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<v Speaker 5>I mean, it's unfortunate.

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<v Speaker 6>And when I think of it, it thinks about I

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<v Speaker 6>think about the history we've had with banks and investing,

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<v Speaker 6>and this doesn't help it.

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<v Speaker 5>The government is really is the issue.

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<v Speaker 6>Here, and I think that's what a lot of the

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<v Speaker 6>citizens of Jamaica are saying, like, why are they not outraged?

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<v Speaker 5>Why is more being done to a national treasure?

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<v Speaker 6>Because if it can happen to him at that level,

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<v Speaker 6>it can happen to anybody. But it's interesting to see.

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<v Speaker 6>I mean, that's one of those things, especially when you're

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<v Speaker 6>dealing with banks. There's only a certain amount that can

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<v Speaker 6>be ensured and so we know that. So to have

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<v Speaker 6>that amount of money in one place, Yeah, it's just

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<v Speaker 6>a very unfortunate situation. Now they said it was his

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<v Speaker 6>life savings, which made it even worse. I don't think

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<v Speaker 6>it was his life save because I know they I mean,

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<v Speaker 6>his network they say is eighty million, but they said

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<v Speaker 6>that this was the largest amount of money that liquid

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<v Speaker 6>like with maybe like twelve million, So I mean, to

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<v Speaker 6>be down to twelve thousand is I mean, you can't

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<v Speaker 6>even fathom that. So it's I mean, unfortunate and really

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<v Speaker 6>disheartening is the only two words I can think for

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<v Speaker 6>somebody who is just a good dude man, Like we

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<v Speaker 6>had some time in Jamaica and we spent with him, humble, dude,

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<v Speaker 6>gracious with his time, very smart, is business savvy. Obviously

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<v Speaker 6>he has plenty of businesses in Jamaica. Is trying to

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<v Speaker 6>be an entrepreneur on the music side. So to see

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<v Speaker 6>this happened to him, Like I said, this is a

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<v Speaker 6>national This isn't that everyday person. This is a national

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<v Speaker 6>treasure to the island of Jamaica, So we gotta get

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<v Speaker 6>this right, man.

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<v Speaker 5>I saw Sham.

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<v Speaker 6>Shout out to Sham, who you know, we linked up

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<v Speaker 6>with as well, you know, putting out songs about it

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<v Speaker 6>to make sure that things get done. And this is

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<v Speaker 6>one of the things we talked about when we went

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<v Speaker 6>in Jamaica. You know, sometimes you know, the government doesn't

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<v Speaker 6>you know, act in the best way or in the

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<v Speaker 6>best purpose of the people.

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<v Speaker 3>I don't want to put it on the government. I'm

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<v Speaker 3>not sure if it's private sector. We can't necessarily bring

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<v Speaker 3>the government.

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<v Speaker 5>Well, they're speaking on behalf of it now.

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<v Speaker 6>They're saying like they're going to do everything that they

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<v Speaker 6>can now and they're gonna turn every stone that they

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<v Speaker 6>can to make sure that this is rectified. And nobody

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<v Speaker 6>else is taking advantage of it this way. So shouts

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<v Speaker 6>out to you.

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<v Speaker 3>Saying, okay, hopefully everything works out. You saying vote great,

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<v Speaker 3>guy slid. How can people all right, how can you

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<v Speaker 3>avoid not getting court? I don't know what the situation is,

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<v Speaker 3>so I don't want to speak about it, but how

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<v Speaker 3>can you get caught and not avoid avoid not getting caught?

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<v Speaker 3>In a POLSI scheme or avoid getting your money taken

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<v Speaker 3>in the type of scam situation. What are some things

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<v Speaker 3>that you should always look out for?

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<v Speaker 4>There's no beautiful answer here when I put this out,

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<v Speaker 4>when I heard the drama was like two weeks ago. People,

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<v Speaker 4>it's like, why didn't he have his money in America?

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<v Speaker 4>This too can happen in America. The only real answer

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<v Speaker 4>is to manage your own money, like I don't trust

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<v Speaker 4>anyone worth my capital. People make fun of me all

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<v Speaker 4>the time. You're like, yo, you're the only person I

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<v Speaker 4>know that.

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:07:14.160 --> 0:07:18.280
<v Speaker 1>accused of murdering a Texas. Man of Venezuelan charged with

0:07:18.360 --> 0:07:22.240
<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy Noman, the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:07:34.560 --> 0:07:38.120
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:07:38.200 --> 0:07:41.400
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:07:41.480 --> 0:07:45.320
<v Speaker 1>are here illegally, your next you will be fined nearly

0:07:45.400 --> 0:07:49.440
<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

0:07:49.480 --> 0:07:53.120
<v Speaker 1>never return. But if you register using our CBP home

0:07:53.160 --> 0:07:56.520
<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump America's laws,

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<v Speaker 1>order and families will be protected.

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<v Speaker 2>Sponsored money United States Department of Homeland Security.

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<v Speaker 4>Still write a check? Why don't you just wire and

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<v Speaker 4>let this person? I'm like you. Let too many people

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<v Speaker 4>have access to be able to wire funds out or

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<v Speaker 4>write checks.

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<v Speaker 2>They will go very fast.

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<v Speaker 4>Any athlete entertainer. I will tell you never give anyone

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<v Speaker 4>power of attorney over your finances. This is heartbreaking to

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<v Speaker 4>here and then to see what's happening with Bank of

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<v Speaker 4>America and Chase and a couple of days ago money

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<v Speaker 4>was missing. A lot of these banks were heavenly investing

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<v Speaker 4>in cryptotenps and losses, had margin loans and have to

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<v Speaker 4>pay their money back or form or fashion. This is

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<v Speaker 4>one of the things that we talked about also in

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<v Speaker 4>twenty twenty. During a recession, domesic, abuse goes up, death

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<v Speaker 4>goes up, POSI schemes implode, levered accounts full up, money

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<v Speaker 4>goes missing. You have to be very mindful of That's

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<v Speaker 4>why I say you have to check your accounts every

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<v Speaker 4>single day. And I also have been telling people a

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<v Speaker 4>red panda like there's tears of freedom, but truly like

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<v Speaker 4>there is no real freedom. The more money you get,

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<v Speaker 4>the more protection mechanisms you need to have in play.

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<v Speaker 4>So check your accounts every day. Ideally, manage your own

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<v Speaker 4>I don't care who the advisor is, who the investor is.

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<v Speaker 4>You have to know how to be able to do

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<v Speaker 4>this on the own so you don't get twiddle and

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<v Speaker 4>don't get p p A to anybody. This is heartbreaking though,

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<v Speaker 4>because he will probably never get that money back.

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<v Speaker 5>Yeah, why'd you little my mind pickup the speaker?

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<v Speaker 4>We speaker with shot we gotta get Can we get

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<v Speaker 4>a shot? Like an award for like best mean moments?

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<v Speaker 4>Real subtle though?

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<v Speaker 3>Boy little confused, confused of the situation.

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<v Speaker 4>Yes, you have any advice insights if he was your

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<v Speaker 4>client or if you had a chance to talk to him, like,

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<v Speaker 4>what would you tell him to do and what course

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<v Speaker 4>of actions.

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<v Speaker 2>You have to take?

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<v Speaker 3>Well, the thing about it is this, and this is

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<v Speaker 3>why you know. It's a few different things that go

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<v Speaker 3>into to play here, right, And he had his money

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<v Speaker 3>in like in a bank, so it wasn't even like

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<v Speaker 3>his money was just randomly in some place that you

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<v Speaker 3>would think would be insecure. But you have to fully

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<v Speaker 3>vet everything that you do, absolutely vet everything that you do.

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<v Speaker 3>And that includes banks, that includes credit unions, that includes

0:10:40.480 --> 0:10:47.520
<v Speaker 3>investment firms, that includes stocks. Four x whatever you're doing,

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<v Speaker 3>you have to fully fully vet it, right, That's that's

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<v Speaker 3>the first thing, because sometimes you just take things for granted.

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<v Speaker 3>And when you start taking things for granted, that's when

0:10:59.679 --> 0:11:03.520
<v Speaker 3>bad things usually start to happen. So you know, that's

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<v Speaker 3>that's the first thing. And of course it's always good

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<v Speaker 3>to diversify, right, Like, looking back on it, it probably

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<v Speaker 3>wasn't the best decision to have just twelve million in

0:11:13.080 --> 0:11:19.040
<v Speaker 3>one account hindsight is twenty twenty. But especially like if

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<v Speaker 3>that's the majority of your liquid, you might want to

0:11:21.720 --> 0:11:24.199
<v Speaker 3>have a few different you know, accounts, and a few

0:11:24.200 --> 0:11:26.640
<v Speaker 3>different banks. Like even me, I have three bank accounts

0:11:26.880 --> 0:11:28.800
<v Speaker 3>with three I have a bunch of different bank accounts,

0:11:28.800 --> 0:11:33.000
<v Speaker 3>but I have three banks. So I have three different

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<v Speaker 3>banks for a variety of different reasons. But anything can happen,

0:11:39.360 --> 0:11:41.480
<v Speaker 3>you know what I'm saying, Like anything can happen, Like

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<v Speaker 3>it's just real, and it's like, you know, so if

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<v Speaker 3>all three banks go down, then it doesn't even matter anyway,

0:11:48.880 --> 0:11:50.760
<v Speaker 3>because the whole world is going to collapse at that point.

0:11:50.800 --> 0:11:53.520
<v Speaker 3>But you know, you just got to always diversify. I

0:11:53.559 --> 0:11:56.640
<v Speaker 3>have two brokerage accounts. My son has a different brokerage account.

0:11:57.000 --> 0:11:59.040
<v Speaker 3>I have three banks. Like I'm just you know, you

0:11:59.320 --> 0:12:00.440
<v Speaker 3>gotta be just careful.

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<v Speaker 7>My graduates from my school being force back drop bag

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<v Speaker 7>Drop Mike Drotdropft.

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:12:24.840 --> 0:12:28.640
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:12:28.880 --> 0:12:33.040
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:12:33.120 --> 0:12:37.000
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:12:37.080 --> 0:12:40.840
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:12:40.880 --> 0:12:44.480
<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

0:12:44.480 --> 0:12:49.280
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:12:49.320 --> 0:12:52.880
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:12:52.920 --> 0:12:56.160
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:12:56.200 --> 0:12:59.959
<v Speaker 1>are here illegally, your next you will be fine nearly

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<v Speaker 1>one thousand dollars a day, imprisoned and deported, you will

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<v Speaker 1>never return. But if you register using our CBP home

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<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

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<v Speaker 1>border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security,