I don't know about the scamming or whatever. Could go either way.
My take is that he's more like a Dan Bilzerian type. Definitely has a lot of money, but still lies about a lot of things to make himself look "good or cool" whatever that means in his own mind.

Yeah, so since we don’t know , what is your best guess as to where the money actually came from, cotton futures?

So was Spencer legit fooled or on the payroll now?

I’ve actually watched Spencer for quite a long time and assumed he was much sharper than this. How on earth does Spencer think that a cherry picked tax statement showing a large win is proof of long term results?

In theory if a person wanted to wash vast sums of money this would be an ideal way to do it.
That's why the feds are so hot on casinos who don't report large transactions.

Where the money came from who knows? Lot of rich randos running around these days.

But if I could bet everything I have on the fact that his Pharmacy story and his really having an edge on Bacc story are complete BS I would.

And I'm not saying there aren't methods to have an edge in Bacc. I'm saying this guy doesn't have it.

If you have a lot of money to throw around, it's easy to create an illusion of being able to beat a 50/50 game by highlighting your wins.

Seems like he got paid off. That and the impression I got was that he doesn't really have a firm grasp on how gambling works.

I doubt he's actually lying about his pharmacy businesses despite his name not appearing on them. The way incorporating national businesses is done typically the lawyer incorporates in nevada or deleware and they only show the person who created the business so when it's transferred to you your name will not appear in searches. He got his money from somewhere what he's describing basically creating businesses which sell prescriptions and he does the insurance billing/collections etc is a pretty good way to get pretty rich. If you are doing the backend work for a fee/percentage it makes sense to give these businesses away too the way he described as he makes a lot off doing what hes describing for them while they do the sales/delivery/logistics basically. He exaggerates a lot so the scale of his business might be different and he didn't give them away for the goodness of his heart he was trying to make more on the back end if he did.

He knew a lot about the industry too the compound pharmacies are the most profitable and they are the most fraud ridden.

Really the only thing I didn't like about him is the asking people to give him money to gamble for him. It reeked of a scam but I've had people convinced they were winners in the market/poker try to make other people rich before despite being -EV so maybe he's just one of those idk.

I’d certainly agree that his pharmacy story, as literally told by Mikki , is not true.

There is third option. Maybe he is playing along knowing he can get multiple videos/views out of the guy.
Also makes a point to say he is single multiple times in the hopes of getting some leftovers.

So many holes in his conclusions that he just loses any credibility he had.

My impression was that he was being cautious to open up lines of communication.
Mikki might be Spencer’s richest friend now

I think its 100% possible he got all of his money from the Pharmacy Business!

Someone who has success in business who enjoys gambling , and being reasonably smart, plays casino games close to 50/50 despite not having an edge, might enjoy helping his whale friends who are giving the casino massive edges get closer to 50/50.

Definitely possible it’s just a combo of being starstruck/shy to make those accusations to a guy in person.

I totally lost all respect for Spencer with this. Either he got paid off/blinded by clout or is much more incompetent than I originally thought.

It’s weird that Spencer always mentions some “profitable sports bettors” he knows and then buys Mikki’s BS that has a ton of holes in it.

I’m sure mikki has some girls or the odd celeb in his Instagram DMs, so does Vegas Dave and fake guru xyz. I’m absolutely shocked Spencer takes that as proof when I’ve heard him denounce others for basically using the same business model Mikki does.

1. Make outlandish claims about insane winnings
2. Get some clout in the form of SM etc
3. Now you actually have some girls/money that come from your scamming

It’s like a snowball rolling down a hill built on the initial lies.

I mean more then likely it was a type of insurance fraud though why hes so vague. pretty easy to commit insurance fraud vs tricare/medicare and get that type of money and reason for discretion.

Not exactly sure where everyone thinks he got his money... Doubt he's a trust fund kid like dan bilzerian as he was a unique case where his dad shed his assets to his kids thats why he got it while he was so young and I doubt drug dealers or non white collar criminals have like 50mil net worth that has been washed so casinos will take and not get caught.

The logic is so basic I’m surprised it’s even being discussed on this forum, where I generally think people are smarter than the average person.

If someone could have an edge at gambling (I’ve never heard of it being possible in Bacarrat besides edge sorting), why on earth would they make other people money? Complete strangers?! They’d just keep it all for themselves.

The only exception I can think of is when winning poker players sell pieces to friends /family at face. And even that is extremely rare.

It makes zero sense.

I think it sort of goes without saying Mikki is lying about basically everything. Certainly 100% BS with the baccarat part.

The real question to me is wtf is going on with spencer

But why did they untie all his left shoes? So many questions left unanswered.

“All the casinos do this”

Just gotta let the math catch up!

Really lost a lot of respect for Spencer after that interview. There were so many questions he could have followed up with but it looked like he was just there for the views.

Wow, throwing Cornelia under the bus. Disregard all the good investigative work on YouTube that he's done in the past, just cuz you didn't like what he had to say about Mikki. Unbelievable. Kinda speaks to how rigid some people think, which leads to going with the easy answer. Tattoo, wild, convicted man must be a con man.

Spencer did a decent job in the amount of time he spent with Mikki. Got Mikki to explain about the women, the gambling, the healthcare business and the money. Mikki was open to everything. Showing PnL. Showing DMs. Explaining his prior businesses in some detail. I'm sure some people will accuse him about elaborately making up all that stuff. But it seem kinda hard to do as he divulges it all in the spur of moment. Like Spencer said, most of the con men he's meet up in life wanted to shut him down but Mikki was open about everything.

Quote:

Originally Posted by iwasbanned

Spencer Cornelia is a Mikki Mase shill now.

Quote:

Originally Posted by Dreamer

Spencer has no interest in getting the truth. More interested in getting youtube views.

Quote:

Originally Posted by RobFarha

I totally lost all respect for Spencer with this. Either he got paid off/blinded by clout or is much more incompetent than I originally thought

Quote:

Originally Posted by GTO_MMA

Really lost a lot of respect for Spencer after that interview.

Here's someone who knows a bit about industry. It's appear to be quite a complicated business not like what most of the people here "ASS"ume. What Spencer also assumed, that Mikki owned B/M pharmacies like CVS. Mikki has gone into some details about it. But people here think they know what they don't know. Keeping an open mind about something you don't know is important. Lots of money in healthcare. Why assume Mikki is clueless or lying about being part of the industry, right off the bat?

Quote:

Originally Posted by smoothcriminal99

I doubt he's actually lying about his pharmacy businesses despite his name not appearing on them. The way incorporating national businesses is done typically the lawyer incorporates in nevada or deleware and they only show the person who created the business so when it's transferred to you your name will not appear in searches. He got his money from somewhere what he's describing basically creating businesses which sell prescriptions and he does the insurance billing/collections etc is a pretty good way to get pretty rich. If you are doing the backend work for a fee/percentage it makes sense to give these businesses away too the way he described as he makes a lot off doing what hes describing for them while they do the sales/delivery/logistics basically. He exaggerates a lot so the scale of his business might be different and he didn't give them away for the goodness of his heart he was trying to make more on the back end if he did.

He knew a lot about the industry too the compound pharmacies are the most profitable and they are the most fraud ridden.

Really the only thing I didn't like about him is the asking people to give him money to gamble for him. It reeked of a scam but I've had people convinced they were winners in the market/poker try to make other people rich before despite being -EV so maybe he's just one of those idk.

I think based on the interview, we can put to rest the following
1) the women are real
2) the money in his accounts is real
3) he made decent money off of the healthcare industry
4) he is not "stealing" or "soliciting" money from strangers. he's having fun gambling and doesn't mind letting other people gamble with him

But all that is probably secondary to what people really want to know, what is his baccarat system? Don't think that if it's legit, that Mikki will give up the secret sauce. But Spencer said if he gets a certain amount of likes, he'll ask Mikki to gamble with him. That would be an interesting video.

You do realize the easiest way to get money from people is to pretend you don't want it?

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Oh right the long con, like in the movies (The Sting).

Only problem is that as part of the con, the con man is supposed to dress well and look rich, not be a weird, tattoo man who admitted to being in JAIL.

This one wall street hedgefund kept wanting me to join them cause I'm pretty good with algorithms.