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Caleb David

Singer

Sep 9, 2026

speaker_1ADVERTISER
38:52
Your story, our expertise, together we'll create magic.
38:59
Okey-doke.
38:59
From AP News: Ex-Brooklyn judge accused of swindling real estate investors out of millions of dollars.
39:07
Uh, Judge Edward Harold King, uh, and another guy, call him Sam, tough name to, to pronounce.
39:15
Uh, [laughs] uh, so this, this judge was using his position to, to convince investors to place six and a half million dollars into an escrow account tied to a fake commercial property, uh, that was in New Jersey.
39:32
So, uh, apparently immediately, even though they said th- this money was going into an escrow account, a bunch of money got transferred into this other guy's account right away, and then used it for whatever.
39:47
Um, and then says, authorities said only 1.5 million was later returned, leaving millions missing, so yeah.
43:30
Exactly.
9:52
But how do you make them hone in on those things? And can you name a few of them that people may fall into a trap?
9:59
Yeah, absolutely.
10:00
I mean, just because you see a property and you think it's gonna be good for your business doesn't mean that it is.
10:07
If you are going into a place that is zoned for a restaurant and you're wanting to open up a car lot, those are completely two different zonings.
10:14
So if you go in and you sign a lease, and the zoning doesn't work, and the city finds out, they're coming to shut you down because you can't operate that way, and you're stuck now in a lease that you are not only corporately but personally obligated to.
10:28
And so I ask people to be curious.
10:32
I tell my clients all the time, if you have a question and you think it's stupid, please ask it.

5 MINS LATER

15:49
So the question, what's been keeping the machine running smoothly? You
speaker_6ADVERTISER
38:52
Your story, our expertise, together we'll create magic.
38:59
Okey-doke.
38:59
From AP News: Ex-Brooklyn judge accused of swindling real estate investors out of millions of dollars.
39:07
Uh, Judge Edward Harold King, uh, and another guy, they call him Sam, tough name to, to pronounce.
39:15
Uh, [laughs] uh, so this, this judge was using his position to, to convince investors to place six and a half million dollars into an escrow account tied to a fake commercial property, uh, that was in New Jersey.
39:32
So, uh, apparently, immediately, even though they said th- this money was going into an escrow account, a bunch of money got transferred into this other guy's account right away, and then used it for whatever.
39:47
Um, and then says, authorities said only 1.5 million was later returned, leaving millions missing, so yeah.
43:30
Exactly.

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