American Greed: Behind the Scams | Matt Cox | KONCRETE Podcast #56

American Greed: Behind the Scams | Matt Cox | KONCRETE Podcast #56

Source: YouTube · Danny Jones · published Mar 19, 2020 · 2:10:41

Identity & Access Management
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Description

The hosts provide a commentary on the "American Greed" episode detailing the massive mortgage fraud orchestrated by Matt Cox, who manipulated women into using fake identities to steal millions.

Key Takeaways:
• The hosts were inspired to watch the episode after an Instagram user suggested a commentary collaboration 1:04.
• Allison Arnold, a struggling single mother, was manipulated into fraud by Cox buying her an apartment under a fake name, leading her to take out fraudulent loans 10:24.
• Cox used aliases like "James Red" and "Brandon Green," famously using a mugshot of a tree trimmer for one ID, and forged numerous documents including driver's licenses 12:12.
• Cox and his partner Rebecca Hawke fled to Mexico once exposed, leaving Rebecca's young son behind without saying goodbye 45:06.

The episode reveals the downfall of a con artist who fled to Mexico with his accomplice after stealing nearly $4 million.

Sources:

  • 1:04 Jack McHugh suggests watching the episode.
  • 10:24 Introduction to Allison Arnold and her financial struggles.
  • 12:12 Description of the scheme using fake identities like Rosita Perez.
  • 33:48 Eric the tree trimmer story regarding the fake "James Red" ID.
  • 43:27 Matt Cox's fraudulent activity totaling nearly four million dollars.
  • 45:06 Rebecca Hawke leaving her son to flee with Cox.

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