{"id":238077,"date":"2021-04-28T21:05:04","date_gmt":"2021-04-28T18:05:04","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/edward-snowden-calls-out-conference-host-for-running-ponzi-scheme\/"},"modified":"2021-04-28T21:05:04","modified_gmt":"2021-04-28T18:05:04","slug":"edward-snowden-calls-out-conference-host-for-running-ponzi-scheme","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/edward-snowden-calls-out-conference-host-for-running-ponzi-scheme\/","title":{"rendered":"#Edward Snowden calls out conference host for running Ponzi scheme"},"content":{"rendered":"

“#Edward Snowden calls out conference host for running Ponzi scheme<\/strong>”<\/p>\n

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Here\u2019s a tip if you\u2019ve ever been accused of taking part in a Ponzi scheme: Don\u2019t invite Edward Snowden to speak at your investor conference.<\/p>\n

Snowden \u2014 who famously leaked data in 2013 on the National Security Agency\u2019s mass surveillance of US citizens in 2013 \u2014 called out the host of an \u201celite real estate investment club\u201d over the weekend for allegedly bilking investors out millions of dollars. <\/p>\n

The former CIA contractor, who has been living in exile in Moscow since then to avoid being tried in the US on espionage charges, did a live video interview on Saturday for the conference, which was hosted by a self-proclaimed investing guru named Sunil Tulsiani. <\/p>\n

Tulsiani, who is banned from trading securities for life<\/a> by the Ontario Securities Commission for his part in a $4.5 million Ponzi scheme, told attendees that Snowden\u2019s history of whistleblowing should inspire the members of his investment club to \u201ckill the virus\u201d of \u201cI can\u2019t afford it.\u201d<\/p>\n

Tulsiani opened the talk with a softball question to Snowden about how accurate Oliver Stone\u2019s portrayal of him in his 2016 movie, \u201cSnowden.\u201d But after speaking for nearly 6 minutes about whistleblowing and ethics, Snowden called out Tulsiani over his regulatory run-ins. <\/p>\n

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A screenshot of Private Investment Club\u2019s virtual conference with Edward Snowden (seen on large screen), who accused conference host Sunil Tulsiani (seated) of running a Ponzi scheme. <\/figcaption>
Private Investment Club<\/span><\/figcaption><\/figure>\n<\/div>\n

\u201cJust before I connected, I had a friend reach out to me and tell me they heard things on this conference, like someone saying that they couldn\u2019t afford this [and] the host saying \u2018Find a way to afford it,\u2019\u201d Snowden said.<\/p>\n

He then changed his screen to show the image of a 2017 CBC article<\/a>\u00a0which included a photo of Tulsiani and detailed his involvement in a Ponzi scheme. \u201cAs a whistleblower, it is my obligation, both personally and professionally, to ask: Is this you?\u201d Snowden asked.<\/p>\n

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