{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2Fdea36c89-ca34-47e2-8806-9aa0f685cf93","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"","title":"Wealth Litigated - EP 101: Bad Brad's Inadvertent Revenge","description":"What happens when a Ponzi schemer loses $5.2 million of stolen investor money at Hollywood's most exclusive poker games? The winners get sued\u2014and Bad Brad gets his revenge from prison.\n\"Bad Brad,\" the real-life inspiration for a character in Molly's Game, was the ultimate \"big fish\" at underground high-stakes poker tables with A-list celebrities, billionaires, and wealthy entrepreneurs. Buy-in: $100,000. His personal bank account: often $0. Every chip he lost? Stolen from his hedge fund investors.\nWhen his $25 million Ponzi scheme collapsed in April 2009, Bad Brad went to prison for over 10 years. But the story didn't end there. His bankruptcy trustee filed 15 lawsuits against poker winners\u2014including \"Player X\"\u2014using a creative legal theory to claw back millions in gambling winnings.\nDiscover:\nWhy winning at poker doesn't mean you get to keep the money\nThe fraudulent transfer legal strategy that shocked Hollywood winners\nHow illegal gambling determinations contradicted Molly's Game's narrative\nBad Brad's connection to Bernie Madoff's collapse\nOne poker player's quote: \"It's like he turned the tables on us with no skill, just sheer stupidity\"\nCritical for wealth advisors: Learn the red flags of gambling-related financial disasters and why \"innocent\" recipients of stolen funds face clawback risks.\nHosted by: Prof. Kelly Lise Murray, JD\nWealth Litigated: All the drama of true crime, none of the blood\u2014just courtroom battles that impact your clients' wealth.","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/07a941e4-7448-4941-9b99-b9a4cbb18283/593b1550-c166-11f0-b082-c3cf47f5b59b.jpg"}