Chapter
The Consequences of Profiting from Fraud
1:00:37 - 1:04:25 (03:48)
Discussing the consequences of profiting from fraudulent activities, the hosts use an example to explain how funds obtained from fraudulent sources may have to be returned.
Clips
The speaker criticizes the $15 million payoff made by Kevin O'Leary to a CNBC commentator, stating it as an indication of how other individuals have taken money from him, including those who lost money in FTX and those who have invested in Circle.
1:00:37 - 1:01:52 (01:15)
Kevin O'Leary
Summary
The speaker criticizes the $15 million payoff made by Kevin O'Leary to a CNBC commentator, stating it as an indication of how other individuals have taken money from him, including those who lost money in FTX and those who have invested in Circle.
ChapterThe Consequences of Profiting from Fraud
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Barry Ritholtz and David Enrich explain the legal consequences of receiving money from fraudulently acquired sources, such as in the case of the SBF Capital Ponzi scheme.
1:01:52 - 1:04:25 (02:33)
Fraud, Legal Consequences
Summary
Barry Ritholtz and David Enrich explain the legal consequences of receiving money from fraudulently acquired sources, such as in the case of the SBF Capital Ponzi scheme. If it can be proven that the money received was obtained through fraudulent means, that money must be returned.