Today I'm speaking with Carlos Legaspy author of Going For Broke about calling out a 9-figure Ponzi scheme, the fight when the accused turned and tried blaming him. Listen in for how it happened, what he had to do, and the lessons learned.
Amazon book Going for Broke: How One of Latin America's Largest Financial Frauds Became a Blessing in Disguise.
Born in Texas and grew up in Ciudad Juarez, Mexico. Carlos Legaspy earned his degree at the Monterrey Institute of Technology and Higher Education (ITESM) before embarking on a career on Wall Street. He is presently owner and CEO of Insight Securities. Carlos resides in Chicago.
HOW ONE MAN FOUGHT AGAINST LARGE-SCALE FINANCIAL CORRUPTION
When Carlos Legaspy, Mexican-American owner of a rising broker-dealer, discovered the inner workings of a nine-figure Ponzi scheme, he thought he was doing the right thing by sounding the alarm. Instead, the fraud's perpetrators shifted blame onto him, touching off a three-year saga of betrayal, fraud, and high-stakes financial drama that would extend over international borders and impact some of Wall Street's biggest players—and bring Legaspy's own business and reputation to the brink of destruction.