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Getting inside of Ernie made up guilty plea today the -- the criminal now locked up.
And federal Metropolitan Correctional Center today in Manhattan that isn't living and that -- to read.
Park avenue -- the big question did not get behind the scenes we deal.
To keep -- -- Adam trouble spots thanks -- yes.
On the other sat on the -- Rebecca rose woodland -- now a political right criminal bright -- Bob let's think.
Well that you for -- it.
Let's start -- with you let's let's talk about -- a lot of people are saying -- did he weeks some type of plea deal behind the scenes.
With prosecuted this is guilty plea just came it seemed out of nowhere.
Yeah you know the way I look at it is from day one he's tried to keep his family saying he had really.
That's what he wanted to protect and I think that really is -- his brother his wife his kids people that -- loyal and close to him he thought that he could take the fall.
Go win and plead guilty that would the end he didn't realize that this was going to be a full investigation.
That it was going to be opened up the way it is and I think you know.
He's kind of doing what he -- built.
Why has -- been charged with the continuing criminal enterprises CC.
CC why hasn't been charged with a Rico or something more forceful.
The evidence is clear that this guy had a continuing criminal enterprise for years and years you know so I think there's a lot to come here Rebecca he's -- -- why.
Isn't why aren't they charging him with more -- -- -- -- -- -- -- Well very navigating -- there investigate I do not believe it's a completely out the prosecutors came out that we did not negotiate with them.
They're not gonna say that if you -- a 150 years the -- on enough I want to.
Let me he's going to die in the federal penitentiary he's not interact so it's really believe me it's really not -- back.
-- -- -- -- I'd let you know that's what about going after Peter in law Peter the brother -- -- the sons and wrote what -- we have to do now to turn the focus on it and get some of that money back.
Actually after I think the Fed the different I think the feds went all right no grand -- come.
And wow I can't fit -- and it doesn't look so good does it you may have king and you have a live your life is fun to have children.
I think that's what they're doing is trying to have them either.
Thank you playing cooperate show them -- money can't I have investigators are looking for this might follow the true well I'll Bob.
Does this then they'll take some of the leverage it for the prosecution the fact that they kids you know now.
I can say hey we'll be lenient on your family if you tell -- where the money is to the bottom line here.
We want to get money back for the victims -- of those charities people who are basically forced to leave their home.
Because they have no more money left does this take -- some of the leverage for the prosecution.
I don't think so I think you know now I think he's close by you know the MCC is right next to the federal works isn't it yeah he does.
Is because his whole family is still outside and he wants to keep them outside and he wants to keep them having nice lives so that his grandchildren.
Have their fathers in their grandmother with them.
I think this whole thing is based on the fact that I've been involved with federal cases where the whole family's been arrested we charged -- father with a CC.
And everybody else was thrown in jail right from the get go.
So they had to work and getting I love our I.
Understood how -- possible the biggest.
Ponzi artist that has ruined charity after charity like that who like.
Is not being taught you save these other guys got bigger.
-- and this guy.
That's possible what yeah.
Look you know -- it is okay he's still got down at the 150 years the planet's iron I don't database.
Money out there on him -- really there is no way he could.
Perpetrated this -- out the back and asks the right question that we're talking anywhere between I -- -- it's people it's a 405060.
On his -- it can't spend that money -- where where is this money noise but look if he had the money.
He wouldn't be in jail.
If he had the money he would have been given it back to all the investors with a percentage that they were getting year after year he ran out of money.
You know when Warren Buffett said the tide goes out isn't it naked -- he's naked and out of money literally save fifty billion dollars a year after year every time peering.
-- gave the ball he gave to somebody else.
Well you know a lot of us and he he's not dying -- yeah.
They collected that Rebecca -- -- it right it sure they will go after because if it's ill gotten gains at its gains from illegal activity.
And they came connected to that that money -- -- what about it -- pay them money.
He's fungible like some of the she inherited can they go after the money that she has any way have the money -- has from -- inheritance and is totally separate and apart from any criminal activity right up all the criminal activity in the money on an action and activity and -- -- -- good question real quit running out of time -- the money that people paid into taxes the IRS.
Does that come back out of the IRS.
You know what.
That's going to be a good question and there's a lot of legal that legal issues that are around that right now but people -- -- to redo their taxes obviously you know they paid you know the government's gonna owe them money.
You know there's a lot going on here with the whole -- but let me tell you -- they're gonna Trace the money.
Digital forensics forensic accountants they're gonna look -- -- follow what they're gonna Ziegler what do you.
In fact he was smack in the guys -- don't want whatever's available again Robert -- Rebecca rose woodland.
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