1 00:00:01,639 --> 00:00:04,720 Speaker 1: In the summer of twenty seventeen, my best friend founded 2 00:00:04,720 --> 00:00:06,320 Speaker 1: one of the hottest startups in the world. 3 00:00:06,440 --> 00:00:09,160 Speaker 2: I went from working construction hating my life to just 4 00:00:09,360 --> 00:00:13,240 Speaker 2: making nine grand, ten grand, twelve granted this, living like 5 00:00:13,240 --> 00:00:13,800 Speaker 2: a maniac. 6 00:00:14,200 --> 00:00:18,159 Speaker 1: His company instantly became a massive success. He was the 7 00:00:18,200 --> 00:00:21,280 Speaker 1: poster child of an emerging market. Even the New York 8 00:00:21,320 --> 00:00:24,720 Speaker 1: Times profiled his company. But here's the thing about my 9 00:00:24,760 --> 00:00:25,480 Speaker 1: best friend Ray. 10 00:00:26,040 --> 00:00:29,160 Speaker 2: I always wanted to be a criminal. If someone was like, oh, 11 00:00:29,200 --> 00:00:31,200 Speaker 2: what's your best way of making money, I'm like, Oh, 12 00:00:31,240 --> 00:00:33,360 Speaker 2: we should start some sort of scheme. 13 00:00:34,120 --> 00:00:36,839 Speaker 1: Ray had this crazy ability to find a loophole and 14 00:00:36,880 --> 00:00:38,040 Speaker 1: turn it into millions. 15 00:00:38,600 --> 00:00:41,680 Speaker 2: He's like, this market's so on tap, we should definitely 16 00:00:41,760 --> 00:00:45,720 Speaker 2: jump on this. Anytime I see flaws and something like this, 17 00:00:45,840 --> 00:00:48,120 Speaker 2: I have to export. I cannot help myself. 18 00:00:48,440 --> 00:00:50,640 Speaker 1: My best friend found himself at the helm of a 19 00:00:50,680 --> 00:00:55,200 Speaker 1: cutting edge technology company. His business, Centritech, was going to 20 00:00:55,240 --> 00:00:58,959 Speaker 1: disrupt the banking industry. I was just getting hyped up 21 00:00:59,120 --> 00:01:02,640 Speaker 1: about what was going on and what this company could be. 22 00:01:03,280 --> 00:01:07,080 Speaker 3: They collected thirty million dollars. There were headlines about it. 23 00:01:07,360 --> 00:01:09,560 Speaker 1: Even some of the biggest celebrities jumped on board. 24 00:01:10,000 --> 00:01:15,319 Speaker 3: You really got Djkalt and floy Money Mayweather to endorse Centrete. 25 00:01:16,240 --> 00:01:16,959 Speaker 4: Wow. 26 00:01:17,640 --> 00:01:20,840 Speaker 1: When something sounds too good to be true, chances are 27 00:01:21,200 --> 00:01:21,679 Speaker 1: it is. 28 00:01:23,440 --> 00:01:26,040 Speaker 4: As just a regular person sitting on the outside, it's 29 00:01:26,080 --> 00:01:27,440 Speaker 4: hard to tell what's fact in fiction. 30 00:01:28,400 --> 00:01:30,920 Speaker 5: I was like, this has a saying legitimate, absolutely not. 31 00:01:31,520 --> 00:01:34,640 Speaker 1: The came into my office, opened my email and the 32 00:01:34,720 --> 00:01:37,640 Speaker 1: subject heading was FBI request. 33 00:01:38,319 --> 00:01:42,560 Speaker 5: I had gone into this thinking this is a pretty 34 00:01:42,560 --> 00:01:47,280 Speaker 5: wacky caper, but that took this to a whole different level. 35 00:01:48,920 --> 00:01:50,800 Speaker 1: It was only a matter of time before the truth 36 00:01:50,880 --> 00:01:51,280 Speaker 1: came out. 37 00:01:52,320 --> 00:01:54,000 Speaker 4: You can only fake it till you make it for 38 00:01:54,040 --> 00:01:57,720 Speaker 4: so long before they find out that your Harvard degree 39 00:01:57,920 --> 00:02:01,880 Speaker 4: is not so Crimson. Could you sit there and do 40 00:02:01,960 --> 00:02:04,280 Speaker 4: something that you know will objectively cause more harm in 41 00:02:04,320 --> 00:02:04,680 Speaker 4: the world. 42 00:02:06,920 --> 00:02:09,960 Speaker 5: You seem to develop quite a track record of not 43 00:02:10,080 --> 00:02:12,880 Speaker 5: paying people and not living up the contracts. 44 00:02:12,880 --> 00:02:18,560 Speaker 4: Fake pictures, vake degrees, stuff that's easy to prove is false. 45 00:02:19,320 --> 00:02:21,680 Speaker 2: It was just like every day on super high alert, 46 00:02:21,760 --> 00:02:22,920 Speaker 2: thinking they're coming for me. 47 00:02:23,720 --> 00:02:27,600 Speaker 5: This was not going to end well for them, and 48 00:02:28,200 --> 00:02:30,680 Speaker 5: they didn't seem to understand that. 49 00:02:41,240 --> 00:02:44,080 Speaker 1: To learn the truth behind rache Or Panny and his company, 50 00:02:44,200 --> 00:02:47,920 Speaker 1: Centritech subscribe and listen to Creating a Con The Story 51 00:02:47,919 --> 00:02:51,080 Speaker 1: of Bitcoon. I wanted to let you know that all 52 00:02:51,080 --> 00:02:54,040 Speaker 1: episodes of Creating a Con The Story of Bitcoon are 53 00:02:54,080 --> 00:02:57,280 Speaker 1: available exclusively on the iHeart True Crime Plus subscription on 54 00:02:57,360 --> 00:03:00,880 Speaker 1: Apple Podcasts, and our one hundred percent are so you 55 00:03:00,919 --> 00:03:05,600 Speaker 1: can binge the entire season. So head to Apple Podcasts, 56 00:03:05,880 --> 00:03:10,640 Speaker 1: search for iHeart True Crime Plus and subscribe today