I Ran a Nightclub Ponzi Scheme at 19 | Fakes, Frauds & Scammers

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At just 19, Ian Bick became the owner of a nightclub and ran raves featuring some of the world's biggest acts. But by 21, he was facing prison for defrauding his investors out of nearly half a million dollars.

It turns out, instead of investing the money of friends and family, he was using it to pay off bad debts for previous failed ventures, and funding his own high-end lifestyle of holidays, limos, and designer clothes. That is, until the FBI turned up at his home in the dead of night, and everything began to unravel.

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About VICE:
The Definitive Guide To Enlightening Information. From every corner of the planet, our immersive, caustic, ground-breaking and often bizarre stories have changed the way people think about culture, crime, art, parties, fashion, protest, the internet and other subjects that don't even have names yet. Browse the growing library and discover corners of the world you never knew existed. Welcome to VICE.

Connect with VICE:
Check out our full video catalog:
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Click here to get the best of VICE daily:
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