Why Dan Bilzerian is About to go Bankrupt - Dan Bilzerian Faked Everything?!

Dan Bilzerian is quite literally about to go Bankrupt, the expenditure of his companies massively outweigh the sales made and Ignite International is currently running at a massive loss.

It looks like Dan has repeatedly mislead his followers about the success of his companies, where his money really came from, his success in the sport of poker, the ownership of the property he lives in and much more

Dan supposedly made his millions playing poker, however, it seems that his Corporate takeover specialist father, Paul Bilzerian, could’ve given him a hand, making hundreds of millions throughout his career.

Ignite brands is currently failing due to significant expenditure being incurred vs little revenues, a lot of this expenditure revolves around ‘marketing’ which appears very high considering Ignite does not run TV adverts or sponsor large sports events.

My Favourite Investing Books;

The Equipment I use to make these videos;

Social media

The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Thomas MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Thomas' videos. If you need such advice, please contact a qualified accountant, solicitor, insurance agent, contractor/electrician/engineer/etc. or financial advisor.

This is not an advertisement of property for sale and shall not be construed as anything other than an opinion for entertainment purposes only.

Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!

Inspired by Graham Stephan, Meet Kevin, Shaf Rasul, Andrei Jikh, Nate O'Brien, The Credit Shifu and more.

#danbilzerian #danbilzerianscam #danbilzerianbankrupt

[ThomasJamesPropertyInvesting]

Just going to casually plug myself in the comments ;) - Be sure to subscribe to the channel and check out some of my other videos if you enjoyed this one - i'll also be making update videos as and when any new information is released :)

[PinoyAverageConsumer]

I cant wait for the next Netflix documentary on this.

[spidermonkeymonofficial]

My “friends” in high school used to worship this guy and probably still do. Now they’re alcoholics that still live with their parents. The type of fans this guy attracts lmao

[stopjockin]

Dan was in that James Bond movie- Casino, when they played for $150 Million!

There was originally a different ending scene that was scrapped from the final cut of the movie, that is why you didn't see him win all that money!

There you go Dan, I saved you some embarrassment, and gave you an alibi why no one has seen you win a dime playing poker!

007

[rosswhitton]

Remember when he would make fun of people because they arnt “banging chicks and shooting guns everyday.”

[truckin]

trust fund baby is draining his business to pay models and smoke weed damn what a life

[ThomasJamesPropertyInvesting]

What do you think about Dan Bilzerian, his father and the performance of his companies?

[brizzel]

I think he’s just deliberately using the tax code in such a away that he can inflate his business with investors, pay no taxes, and possibly file for bankruptcy so as to not pay any bills. Seems totally legal, but unethical. He’s still RICH everybody. He’s still Rich and will not have to pay for anything. No bills, no debt, no nothing

[rickolsonmusic]

He learned about limited liability during the Las Vegas shooting- he had to be a real world hero to his beautiful entourage.

[rapidrick]

He’s no different to a lot start ups, pump in investor cash and try and extract as much of it as possible through related parties, expenses and salaries. No interest in profit

[dragonlyphe]

Davidson is Canadian firm in Vancouver, not US. They don’t audit most large public companies in Vancouver (they get picked up by big 4 generally) so it was pretty surprising to see Davidson audited them,

[joeschmoe]

The apple doesn't fall far from daddies fraud tree

[IowanLawman]

Dan Bilzerian being a poker player is akin to me saying I'm a Wallstreet Stock Trader. Yeah I trade daily and yes I trade the NQ and SPY, which are technically based in Wall Street. But I'm not a broker who works for a B/D and did all the series 7 and 63 exams.

[edwardmoreland]

2020 has truly been a very entertaining Season of Earth

[michaelpierce]

Dan has gotten his Armenian citizenship, and that is where he is now. He took off before the hammer dropped

[ADITYAKUMAR-gpky]

DAN IS A FOOL WHO ENJOYS THE LIFE BUT STILL SAYS IM UNHAPPY

[charlii_the_angel]

Excellent video Tom. I got recommended this because I've been watching different videos about Dan and you made one of the best ones. subbed! Hope you go far friend! GOOD Hugs! 🤗🤗🤗

[maxspar]

This video sums everything up well. Subscribed!

[ybaz]

Thank you for putting a light on fraudster like him in an objective manner with no prejudgment and letting the viewer decide

[JasonTangClothing]

I honestly think Dan doesn’t care about money, the way he be giving it could be relived that it’s all over and doesn’t want to surrounded by fake people anymore.