Ryan Bloom grew up in a good family in Oklahoma with dreams of becoming a dentist. Life took a different turn and he built an electrical contracting business instead. When the business lost a major contract he turned to a small bank for help — and got pulled into a high interest invoice lending situation that ultimately left him owing over $2 million and forced to declare bankruptcy. Ryan thought everything he was doing was completely legitimate. Then the feds came for him. He was indicted for bank fraud — and discovered the prosecutor had a conflict of interest with the bank. He fought back. He spent almost $500,000 in attorney fees. And he beat the federal government. In this episode of Locked In with Ian Bick, Ryan breaks down the complete story — from the business collapse to the bankruptcy to the federal indictment to the courtroom victory that cost him everything financially but gave him his freedom.
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#fraud #TrueCrime #arrest
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Connect with Ryan Bloom:
https://www.linkedin.com/in/rdbloom
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Hosted, Executive Produced & Edited By Ian Bick:
https://www.instagram.com/ian_bick/?hl=en
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Timestamps:
00:00 Businessman Hit With an FBI Raid and Bank Fraud Indictment — Then Fought Back and Won — Full Story
01:57 His Early Life and the Family Business Roots That Shaped Everything
03:14 His Career Aspirations and the Dental Detour That Changed His Direction
04:36 Joining and Growing the Family Business and What That Really Required
05:47 The Family Feud and the Collapse of the Business That Followed
06:32 Pivoting to Oil Gas and Entrepreneurship and What That World Really Looked Like
07:52 Launching Pathfinder HDD and What the Industry Landscape Really Looked Like
08:44 Building a Thriving Construction Business From the Ground Up
10:14 The Challenges — Interest Rates Failed Deals and the Layoffs That Followed
11:14 His Pivot to Electric Vehicle Charging Stations and What That Decision Required
12:26 Getting Hustled and the Cash Flow Crisis That Changed Everything
14:03 His Dependence on Bad Clients and the Lessons That Came With It
15:23 Banking Relationships and the Financial Squeeze That Defined That Chapter
17:40 The Breaking Point — Reserve Accounts and the Road to Insolvency
19:52 Winding Down — What Filing for Business and Personal Bankruptcy Really Required
22:38 The Aftermath — Creditors Liquidation and What Came Next
25:44 Family Rebuilding and the Grit That Got Him Through the Hardest Times
29:44 The Personal Bankruptcy Process and the Impact It Had on Everything
33:22 The Legal Fallout — Depositions and the False Accusations That Followed
35:50 The Sudden FBI Raid and the Bank Fraud Indictment That Changed His Life Overnight
38:54 Family Community and What Coping With Sudden Infamy Really Looked Like
41:40 Navigating Discovery the Prosecution and What Building a Defense Really Required
43:33 Uncovering Family Drama and the Questionable Testimony That Defined His Case
47:42 Battling Prosecutors and What Preparing for Trial Actually Required
51:16 Suing for Prosecutorial Conflict of Interest and What That Fight Really Involved
58:56 Winning the Disqualification and Watching the Case Finally Unravel
01:03:21 The Dismissal the Pre-Trial Diversion and What Finally Walking Free Really Felt Like
01:07:25 The True Cost — Legal Fees and What Starting Over From Nothing Really Required
01:09:56 The Lessons He Carries and What Resilience Actually Looks Like After Everything
01:13:18 His Reflections on Purpose Faith and Family After Everything He Survived
01:15:43 His Final Thoughts His Advice and What the Next Chapter Really Looks Like
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