CW 472 – Harvey Silvergate – How the Feds Target the Innocent with Author of ‘ Three Felonies A Day’

In today's Creating Wealth intro, Jason invites his real estate counselor, Sarah, on the show. Sarah is excited about the Chicago real estate market. She is seeing some movement there as well as client interest. She also gives a friendly reminder to the Creating Wealth audience to make sure you do your due diligence with your income property to avoid any hassles and headaches. 

 

Jason gets right into the show today with his guest, Harvey Silverglate. Harvey Silverglate is an attorney, writer, and advocate for civil liberties. Harvey talks about US laws that are not clearly defined on purpose, he shares his personal story about the FBI investigating him several times, and he also talks about his book, Three Felonies a Day, on today's Creating Wealth show. 

Key Takeaways:

1:50 – Jason talks to Sarah about how she did last month.

2:30 – Sarah is willing to send you individual property listings that haven't hit the website yet. Just contact her! 

3:40 – People talk about how Chicago is so dangerous, but Chicago is not as crime ridden as many people might think. 

5:11 – Sarah encourages first-time investors to visit properties and get a feel for it.

8:08 – Don't forget to do your homework and your due diligence! 

9:20 – Jason introduces his guest, Harvey Silverglate. 

14:20 – The federal law is very general and unclear by what 'fraud' really means. 

17:55 – The feds are able to look at the daily activity of any citizen and they will be able to find something misleading. 

21:50 – On three occasions Harvey has been investigated by the FBI. 

25:30 – Civil fraud and federal fraud are two different things. 

31:00 – How do we protect ourselves? Harvey explains. 

34:20 – Harvey talks about the Gibson Guitar case and how ridiculous it was. 

 

38:15 – Final thoughts? Harvey says be careful. 

Mentioned In This Episode:

http://www.harveysilverglate.com/

 

Three Felonies a Day by Harvey A. Silverglate