Real Accountant reacts to Him500 (claims he’s teaching bank fraud)

Double Burger With Cheese

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I mean, he literally explained loan fraud. If you don’t know what you doing is illegal then...bless your heart. But yeah, anyone telling you the “secrets” to having banks give you money without going the traditional route, definitely cheating in some form or fashion. People have to always keep in mind that if it sounds to good to be true, it is. That said, everyone has their own risk profile and behind every great fortune is a crime. Just remember, number one rule is don’t get caught. He about dumb as hell being all on the internet talking about this shyt though
 

Uitomy

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Bout to watch Mfs have absolutely no reason to be broke now a days if you can learn all this fraud and scamming shyt on youtube :wow:
It always leads to prison ruined reputations and relationships and destroying people's lives, I don't think it's every really worth it but ain't it some shyt to get money faster your gotta be scummier lol
 

old pig

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interesting watch so far…is that melyssa ford interviewing the other dude?

*edit*

he’s right but “him500” target audience probably won’t watch this video or be as receptive to it…they want dreams, not reality
 

hatealot

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Walk into a RICO indictment using these 3 easy steps.

Loan Application Fraud
It's also a federal crime to knowingly provide a false statement to certain federally insured financial institutions (such as a local bank or credit union) in an effort to influence loan application decisions. Loan application fraud carries penalties up to 30 years' incarceration and a fine up to $1,000,000. (18 U.S.C. § 1014 (2020)

Bank Fraud
Bank fraud involves a scheme or ploy used to knowingly defraud a bank or obtain any money or funds controlled by the bank through the use of false pretenses, representations, or promises. This section covers a broad range of criminal activities, from forging bank checks to providing false information on mortgage or loan applications. A conviction carries up to a 30-year sentence and $1,000,000 in fines. (18 U.S.C. § 1344 (2020)

Wire or Mail Fraud
Additional charges for wire fraud or mail fraud can be filed, if the prosecution can show a person used:

  • the Internet, email, phone, or another communication service (wire fraud), or
  • the U.S. mail or an interstate delivery service (mail fraud)
to engage in a plan to defraud another of money or property. As with the other fraud charges, a crime is committed regardless of whether any money was obtained.

While wire and mail fraud charges tend to be "catchall" federal charges, the consequence of a conviction is significant. Penalties for mail and wire fraud carry 20 to 30 years in federal prison and fines can reach $1,000,000. (18 U.S.C. §§ 1341, 1343 (2020).
 

UberEatsDriver

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Brooklyn keeps on taking it.
I mean, he literally explained loan fraud. If you don’t know what you doing is illegal then...bless your heart. But yeah, anyone telling you the “secrets” to having banks give you money without going the traditional route, definitely cheating in some form or fashion. People have to always keep in mind that if it sounds to good to be true, it is. That said, everyone has their own risk profile and behind every great fortune is a crime. Just remember, number one rule is don’t get caught. He about dumb as hell being all on the internet talking about this shyt though


Him500 used slang terms such as “the white mans money” and “haters”. Sounds like many things a scammer would say
 

General Mills

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I watched his other video on Umar Johnson.



That nikka Umar is playing fast n loose with the IRS and we all know how that is going to turn out.


This will be him shortly

tenor.gif
 

⠀X ⠀

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That car loan scam sounds dumb as hell, surprised no one in that room was like "hold on breh". No way he's ever pulled it off like he explained.....which is what dudes says in the vid, it would also destroy your credit.

Dude in the gray hoodie is an actual financial advisor. He should have stepped in and said something. He knew that’s not legal.
 
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