Show Notes
This is an Interview with a man convicted of a Ponzi scheme. It originally aired on the PRETEND podcast.
Bill Livolsi says he was just trying to help his wife, Linda, the ringleader of a multi-million dollar investment scam.
In this episode, Bill opens up about how he got roped into the scheme, ignored every red flag, and ultimately landed in prison. He describes fake hedge funds, imaginary employees, and a key investor who also happened to be a self-proclaimed witch and lottery winner.
But here’s the twist: Linda isn’t just any con artist. She’s the sister of the woman who tried to steal Elvis Presley’s Graceland—something we covered in a previous episode of PRETEND.
Yeah, this story just got a whole lot weirder. Learn more about your ad choices. Visit podcastchoices.com/adchoices
More from The Ponzi Playbook
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A guaranteed 10% return in just 90 days—sounds too good to be true, right? Well, it was. In this episode, we investigate Todd Burkhalter and Drive Planning, a Georgia-based financial firm that promised real estate-backed investments but instead ran a massive $372 million Ponzi scheme. Hosts Javier and Neal expose how Burkhalter and his team lured in over 2,000 investors, convinced them to hand over their life savings, and then used their cash to fuel an extravagant lifestyle—complete with private jets, luxury vacations, and a $3.1M yacht named Live More. We break down the tactics he used, the warning signs investors ignored, and how the SEC finally unraveled the scheme. Plus, we dig into exclusive testimony from Drive Planning’s executives—including some incredibly shady responses (or lack thereof) during questioning. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Hey everyone, it's Javier. Neal and I are working hard on season two of the Ponzi Playbook. In the meantime, I want to share an episode that I think you'll enjoy from my other podcast PRETEND.