If anyone can spot a financial/investment con artist or scammer, it's Mike Stathis.
Using his advanced understanding of the capital markets as well as his inner knowledge of media tactics, Mike has been exposing high level con artists and scammers for around fifteen years. No one in the world has exposed so many financial charlatans, frauds and scams.
Thus, as you might imagine, exposing cons and scammers on YouTube is child's play for Stathis, as such individuals are low-level, unsophisticated scam artists.
This video is one of many to come exposing many of YouTube's biggest fake investment gurus.
The video below highlights a YouTube scam artist who goes by the name of Tom Nash. Of course Tom Nash is a fake name used to hide behind his bag of lies and false claims about his credentials.
Nash is like many of the scammers on YouTube who get views (and thus ad revenues, affiliate revenues and Patreon ebegging revenues) by criticizing obvious scammers like Tai Lopez and Grant Cardone.
Once they've grown their subscriber base they become scammers themselves. Rarely do the gullisble idiots who rely on YouTube for "valuable insights and news" realize they've been swindled with a bait-and-switch,
This M.O. has become one of the more common utilized by YouTube scammers as of late.
After establishing themselves as investment gurus, these scam artists gradually hide or delete their previous videos where they criticized scammers in order to remake their channel. That in itself constitutes fraud.
You should note that one of the biggest scam artists on YouTube, Meet Kevin did the exact same thing.
Nash has changed his back story many times over the years. He has previously claimed to have obtained an MBA degree and law degree from the University of Michigan.
You'll often see Nash wearing Uuniversity of Michigan shirts in his videos, so as to remind his sheeple audience that he's (supposedly) a UM grad.
Such behavior is actually a dead give away that he' didn't graduate from UM because he's going out of his way to try to implress people.
Note that Nash no longer wears UM shirts ever since he was exposed as having lied about his degrees.
Nash also claims to have worked as a senior analyst at a top four Wall Street firm for more than ten years. This is perhaps the most ridiculous of all his lies because he's way too ignorant about investments to have ever worked on Wall Street in any capacity, much less as an analyst.
The fact that nearly everyone on YouTube believed Nash's lies demonstrates just how clueless and naive the YouTube audience is.
From day one Mike Stathis knew Nash's claims were bogus based on several indicators, not the least of which was Nash's complete ignorance of basic finance, economics, and investments.
Understand that Nash claimed false credentials in order to get more views and subscribers to his videos, which boosted his ad revenues and Patreon. The use of false credentials as a way to generate income represents an obvious case of fraud.
Furthermore, another anonymous YouTuber by the name of Coffeezilla was responsible for building Nash's channel by featuring him many times on his own channel as a credible investment expert.
Coffeezilla has never issued an apology for helping Nash scam millions of people through his misguided investment advice because Coffeezilla claims to be a fake guru detective. Therefore, he probably feels that acknowledging this mistrake will damage his credibility.
But the fact is that he has no credibility whatsoever as I will discuss in the future. In this case, credibility for Coffeezilla means subscribers and hence ad revenues.
We will be covering Coffeezilla in the future.
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