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A guaranteed 10% return in just 90 days—sounds too good to be true, right? Well, it was. In this episode, we investigate Todd Burkhalter and Drive Planning, a Georgia-based financial firm that promised real estate-backed investments but instead ran a massive $372 million Ponzi scheme.
Hosts Javier and Neal expose how Burkhalter and his team lured in over 2,000 investors, convinced them to hand over their life savings, and then used their cash to fuel an extravagant lifestyle—complete with private jets, luxury vacations, and a $3.1M yacht named Live More.
We break down the tactics he used, the warning signs investors ignored, and how the SEC finally unraveled the scheme. Plus, we dig into exclusive testimony from Drive Planning’s executives—including some incredibly shady responses (or lack thereof) during questioning.
Learn more about your ad choices. Visit megaphone.fm/adchoices
4.7
8080 ratings
A guaranteed 10% return in just 90 days—sounds too good to be true, right? Well, it was. In this episode, we investigate Todd Burkhalter and Drive Planning, a Georgia-based financial firm that promised real estate-backed investments but instead ran a massive $372 million Ponzi scheme.
Hosts Javier and Neal expose how Burkhalter and his team lured in over 2,000 investors, convinced them to hand over their life savings, and then used their cash to fuel an extravagant lifestyle—complete with private jets, luxury vacations, and a $3.1M yacht named Live More.
We break down the tactics he used, the warning signs investors ignored, and how the SEC finally unraveled the scheme. Plus, we dig into exclusive testimony from Drive Planning’s executives—including some incredibly shady responses (or lack thereof) during questioning.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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