Behind The Scenes Of An Alleged $35M Fraud: The Matt Onofrio Story | Ep. 312

Today we are taking you behind the scenes on a breaking story: Matt Onofrio's alleged $35M fraud. This week Matt Onofrio was indicted for allegedly defrauding banks and investors of $35M. The real estate guru claimed to have the secret recipe for real estate investing. And prosecutors are claiming that the "secret" was misguiding inexperienced investors and misleading banks. Now, this is an especially interesting piece of news to us at Multifamily Investing Made Simple... because we know Matt. Obviously, we were not, and are not, involved in this case or his alleged actions. Dan and Anthony knew Matt before he even got into the real estate game. This was a man who told them his goal was to have a net worth of over $1M, and not a few years later claimed to be worth over $150M. His whole rise to fame and success never quite added up to Dan "the numbers" Man. And now it appears to all make sense. So, listen in for a behind the scenes perspective on Matt Onofrio's Alleged $35M fraud, on this week's episode of Multifamily Investing Made Simple. And yes, usually today's episode is under 10 minutes... but we thought we would make an exception given this news. Tweetable Quotes:"Getting the seed is like the relationships with lenders, brokers, sellers to like get the deal. And then when I think about the growing, that's when I get to like the operations side, I guess I start thinking about like property management.." – Anthony Vicino"I'm the type of person where everything needs to add up, and I get really frustrated when things don't reconcile. It just drives me nuts." – Dan KruegerLEAVE A REVIEW if you liked this episode!!Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.To learn more, visit us at https://invictusmultifamily.com/**Want to learn more about investing with us?**We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/**Let’s Connect On Social Media!**LinkedIn: https://www.linkedin.com/compa....ny/11681388/admin/Fa https://www.facebook.com/invic....tuscapitalventures/Y https://bit.ly/2Lc0ctX