Howard Lutnick is arguably one of the slickest and most corrupt operators in modern finance.
We now know he was close friends with Jeffrey Epstein, despite him previously denying it. That link was confirmed in the Epstein files. He also has documented ties to Tether and Bitcoin market manipulation.
Now a brand new scheme has surfaced involving Cantor Fitzgerald, run by one of his sons.
The firm has been buying the rights to U.S. tariff refunds at massive discounts.
Here is how this scam works:
1. U.S. companies paid billions in tariffs that were later ruled illegal.
2. Cantor approaches those companies and offers immediate cash: 25 cents for every dollar they are owed.
3. Companies take the money to avoid waiting years for litigation and bureaucracy.
4. When refunds are issued, Cantor collects the full dollar.
They bought claims at 25 cents on the dollar. After today’s Supreme Court ruling, those claims could be worth 80 to 90 cents.
It’s worth nothing that Lutnick also literally helped architect the tariff regime. He pushed Trump to implement it, likely knowing it would collapse and create this exact arbitrage opportunity.
The potential payout is in the billions. This is insider-level extraction hiding in plain sight.
@NotDave3412@ducksVSall@buckeyefbnation Oregon has the bigger bag and he doesn't have to worry about winning national championships or being developed for the NFL there. He can get his money and retire at 21.
@CodifyBaseball@LanceMcAlister That is not playoff baseball and the worst part is they're losing to some of the worst teams in baseball during that span.
@RedsTalkSI Just need to shut Greene down for the year. This team is now out of it and will be 6th or 7th and 5 to 6 games out in the wild card race after this 4 game series sweep in Pittsburgh.
@woodyVSworld No confidence whatsoever. This team has vastly underachieved due to the inability to create a decent game plan. Oregon it was the defense, TTUN it was the offense. I can't imagine any scenario where they aren't one and done.
@DNY_40 I'm assuming Murray cooperated with investigators instead of lying and deceiving them for three years. That's usually what pisses the NCAA off, not the infraction, but the lying. #harbaughlies
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