May 16, 2025 • 23 mins
(Friday 05/16/25)
Despite political promises, Californians are stressed about their finances. A blood feud rocks O.C law enforcement. Meta battles an ‘epidemic of scams’ as criminals flood Instagram and Facebook.
Despite political promises, Californians are stressed about their finances. A blood feud rocks O.C law enforcement. Meta battles an ‘epidemic of scams’ as criminals flood Instagram and Facebook.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
You're listening to bill Handle on demand from kf I
AM six forty.
Speaker 2 (00:08):
KFI AM six forty bill Handle.
Speaker 3 (00:10):
It is a Friday, Foody Friday, May sixteenth, and the
eight o'clock hours always fun on Friday, because first of all,
it's foody Friday, which means Neil and I jump into
all things food.
Speaker 2 (00:23):
And then a thirty to nine it's ask candle anything.
Speaker 3 (00:25):
We've already done a few of those this morning, to
my dismay and humiliation. So as Amy said, we're gonna
have a rip roaring good time this morning. Now, what
do you think Californians are most concerned about? This kind
of easy simply, what's going on about finances? We're sweating
(00:47):
our finances. You know, I've never sweat my finances in
my entire life, and you know why, because I've.
Speaker 2 (00:54):
Always lived way way under my means.
Speaker 3 (00:57):
I just happened to believe in by buy my closes.
It costs go, I shop at Costco. I mean, that's
what I do. So I am now sweating finances because
I don't know what the future is going to bring.
And a lot of Californians feel exactly the same way.
Speaker 2 (01:15):
If you are a Democrat, if you.
Speaker 3 (01:18):
Are Republican, things are great, just fantastic. Housing prices no problem,
the cost of living no problem. And this was a
poll that was just released and it is unbelievable. In August,
(01:38):
before the election, forty six percent of the Democratic voters
in the state were upbeat about their financial well being.
Speaker 2 (01:46):
Basically half the people were.
Speaker 3 (01:49):
Now we're in April, a few months after the inauguration,
that forty six percent drops to nine percent who are upbeat.
Speaker 2 (01:59):
Now, let's go to the Republicans.
Speaker 3 (02:03):
Before the election, during the Biden era, nine percent were hopeful.
That's it about the coming up because during Biden's time,
of course, we were in the worst financial position we've
ever been in.
Speaker 2 (02:16):
The history of the United States. Now you're ready for this.
Speaker 3 (02:22):
Now, among Republicans, fifty seven percent are up beat. The
economy is great, We're doing fantastically. We couldn't do better.
Cost of living is way under control. Inflation, actually, cost
of products are way down. Because that's what we're told.
(02:45):
We are told we are in the best economy. Now
to the extent that we're not in a good economy,
that's the Biden economy.
Speaker 2 (02:52):
I've only heard that once.
Speaker 3 (02:52):
By the way, you know, One of the things is
every administration throws out these trial balloons.
Speaker 2 (03:00):
What sticks.
Speaker 3 (03:02):
I've only heard once so far. This is Biden. It's
the Biden administration. The tariffs are about dealing with the
Biden administration. All of our issues are the Biden administration.
But we don't have many bad issues. We are in
great shape. And I'll tell you what the guy who
ran this poll was about. And this is a legitimate poll.
Speaker 2 (03:25):
He said that.
Speaker 3 (03:30):
Trump's victory in November was credited in part to his
campaign promises to address the high prices and economic uncertainties.
Speaker 2 (03:40):
Where did inflation come from?
Speaker 3 (03:42):
Fiscal policy, for the most part, led to much higher
inflation because of the money that was spent during COVID.
The government just piled money to us and inflation went
up well. Since twenty twenty, inflation have fallen, but voter
still notice the steep increases in everyday expenses like gas
(04:03):
and groceries. Unless you're a Republican. If you're a Republican,
you're told that everything is great. Everything is great.
Speaker 2 (04:11):
If you're a Republican, you're not paying five dollars for gas.
If you're a Republican, you are not paying.
Speaker 3 (04:19):
Fifteen dollars for a pound of meat instead of six.
Speaker 2 (04:25):
Why because you're being told that. And here's what he said.
He said, it is the most.
Speaker 3 (04:30):
Weird thing in forty years of polling he has ever
ever seen. He says, it is crazy, and it's right
down party lines. If people are told the economy is fantastic,
then the economy is fantastic. If they are told they
have a job and they don't have a job, then
(04:53):
they have a job. He said, it is the most
amazing thing he's ever ever scene. It's that what Democrats
and Republicans believe are totally different. If the Republican administration
or any Republican elected official looks.
Speaker 2 (05:12):
Outside and it's raining and says, you.
Speaker 3 (05:14):
Know, it's sunny outside, Republicans step outside and even if
they get wet, it's it's sunny. And the other way
is exactly the same. I mean, it is completely crazy.
So the stats in California tell us we are really
concerned about the economy and our financial future. Unless you're
(05:39):
a Republican, then you know we're doing great. We're going
to be doing great. Things couldn't be rosier because that
was the promise.
Speaker 2 (05:51):
That was made. All Right, We're going to see more
of those polls.
Speaker 3 (05:57):
And I got to tell you, even and I have
talked to Republicans who are staunch Republicans, I gotta tell you,
they say the same thing.
Speaker 2 (06:08):
To me.
Speaker 3 (06:09):
I shake my head and I go, do you really
think our economy is on a tear yep?
Speaker 2 (06:18):
Sure do? All right, you got me.
Speaker 3 (06:22):
And what the state of California is trying to do
is somehow unravel that. Why because California is Democratic, so
California doesn't buy into that, and so all kinds of
bills are being passed make housing more affordable.
Speaker 2 (06:34):
It's not gonna happen. It's not. It's one of.
Speaker 3 (06:39):
Those things that's gonna take virtually a decade or two
to straighten out. And California is in horrible shape, mainly
because of housing prices. And how about this one. Where
is it the toughest to build anywhere in the country?
California exactly, the most restrictive building permitting process that exists,
(07:04):
the number of units. They're making little inroads, but not
very much. Okay, let's have fun. Neil is involved in
three D printing. I mean he does a lot of it.
And there was a story in the La Times about
two things. One prefab housing in general, prefab housing is
(07:27):
manufactured housing. Instead of going onto a lot and then
building a house like I have done, and it takes year,
year and a half and a lot of waste.
Speaker 2 (07:40):
With the wood and a lot of trash.
Speaker 3 (07:41):
They manufacture the house in a huge manufacturing plant. There's
no waste, and then they simply truck it to the lot,
put it on there. In three days, you've got a house.
You pour the foundation, and you have a house and
it's all plug in together. Okay, that is kind of neat,
and that is the way of the future. Beyond that, it's.
Speaker 2 (08:07):
Three D printing a house.
Speaker 3 (08:10):
Now, Neil, explain that one, because I understand three D printing.
I've seen you three D print with your printer. We've
talked about it. I've done stories on it.
Speaker 2 (08:20):
But a house, how the hell do you do that?
Speaker 1 (08:25):
You know, the tech is getting insane.
Speaker 4 (08:28):
I just got a new printer and it the things
that it can do.
Speaker 1 (08:32):
I'm building stuff constantly for the house. So what you do.
What you have is something called FDM printing.
Speaker 4 (08:38):
That's fused deposition modeling, and that means that it takes
thin layers of something and with computer programming allows you
to put thin layers on top of thin layers on
top of thin layers to build something. Now, in the
case that I use, there's two types that I use.
(09:00):
I use a resin printer that hardens the resin with
a light with a UV light, and then I use
the FDM printer, which is taking thermoplastics like you know,
PLA abs nylon and it melts them and then makes
thin layers, and then on a z access it pulls
(09:21):
those layers up and creates whatever three D object you're
trying to manufacture on large scale. They can do this
with concrete, special types of concrete, and so they have.
The important thing is the ability to cure, cool, dry
(09:44):
whatever you're extruding as quickly as possible, so that it
gets a certain structural integrity where you can put another
layer on top of it, and another layer and you've
got walls.
Speaker 2 (09:57):
It's wild. Let me, I immediately have a couple of questions.
Speaker 3 (10:00):
One I can see, for example, the equivalent of a
two by four or a stud being manufactured with a
machine that's big enough.
Speaker 2 (10:09):
Then you still have to build it on site.
Speaker 3 (10:12):
Now you may not have to cut it, you may
not have to saw it off at a certain length
and measure because it's already done, because the computer is
already designed the house. But you know, you're just talking
about a better system of walls. At what point does
a three D house come about? Or a good part
(10:33):
of it?
Speaker 4 (10:34):
Well, if you have special material that has installation in
it has structural integrity, it's light but strong. Instead of
imagine instead of a big tractor or something that is
moving large pieces of concrete or two by fours or
(10:55):
any of these things, imagine a big tractor or a
rig that extrudes the material into the same shape that
the architect is designed. So now it's building the wall,
it's building the frame, it's building the window spacing, it's
(11:17):
building the door spacing. It's doing all of that, and
then you're putting up the wall board, the sheet rock
or these types of things on top of that. There's
many different ways to use it. Sometimes you're manufacturing parts
of the house. But they've gotten to the point where
they can do this completely. As a matter of fact,
will just set me a story that he had about
(11:40):
a Starbucks that was built into a three D structure
in Texas. And if you look at that you see this.
You see the layers of concrete and it's these thin
layers and they're put on top of each other, and
they as they cure, they're curing to together, and it
(12:01):
gives a whole different way.
Speaker 3 (12:02):
So the issue is, and I've seen three D printing,
I've seen yours. I just I just questioned the size
has to be just astronomical.
Speaker 4 (12:12):
But so is a crane to build a you know,
a building. Imagine the crane now has not only your
your HY and X access access, it now has that
Z or the Z access to pull things upward.
Speaker 1 (12:27):
It's pretty amazing.
Speaker 4 (12:29):
But the technology we've had for a while, it just
keeps getting better. I mean the stuff that I am
printing right now, Bill, you would have no idea it
was three D printed. And I'm in a couple of hours, I,
you know, will make something accustomed, something for my wife.
I made a custom, you know, something for her desk,
(12:53):
or constantly fixing toys or fixing things around the house,
or car parts. Even you'd be surprised that you could
pull off. That's why when people talk about the tariffs,
when people talk about manufacturing, you'd be surprised how manufacturing
has changed.
Speaker 2 (13:09):
Okay. It's always fun to talk about this sort of
stuff with Neil because he really does great stuff with
love it. Yeah.
Speaker 3 (13:15):
Now there is a story about fraud that's going on
the Internet that is rather extraordinary, and I've been reporting
on fraud.
Speaker 2 (13:23):
People have been talking about fraud on the Internet and
fraud in general for years and years.
Speaker 3 (13:28):
So the Wall Street Journal Journal looked into it and
they interviewed a guy with named Edgar Guzman. For two years,
he's been getting calls from customers who are not very happy,
who responded to his ads on Instagram, or they thought
they were responding to his ads on Instagram. His company
(13:50):
is half off wholesales home improvement supplies garden equipment in
bulk that are bought out of an Atlanta warehouse. There's
very steep discounts, so people buy it, they sit in
their payments, the products never arrive. They call Guzman to
complain and he gets deliver the news they've been swindled.
(14:14):
I have to break it to people they've been scammed.
We don't even do online sales. We sell out of
our warehouse and we keep reporting pages to Meta. Why
because it's Instagram, it's Facebook where these show up and
nothing ever happens. And what's turning out is that Facebook
(14:35):
and Instagram seems to be now the cornerstone of this
whole Internet fraud economy. Meta accounted for nearly half of
all reported scams on Zell for JP Morgan Chase, and
that was between the summers of twenty twenty three twenty
twenty four. The peer to peer payment platform Zell is
(14:56):
owned by a bunch of banking giants, JP Morgan, Wells Fargo,
and not only they, but many other banks have experienced
the same high number of fraud claims that originate on Meta.
Same thing in Australia, same thing in England. Now let's
(15:16):
go to Guzman for a moment. What the Wall Street
Journal did is look at more than forty four hundred
different ads listing the address of his business that are
run in the last year.
Speaker 2 (15:31):
Forty four hundred.
Speaker 3 (15:33):
His actual business were responsible for fifteen out of the
forty four hundred. That's the level of fraud that's going on. Oh,
by the way, all of this count information. All of
these quote sales are run out of China, Sri Lanka, Vietnam,
the Philippines. They actually use pictures of half Off's warehouse,
(15:57):
Guzman's warehouse, and they list the address, but these are
all stolen pictures that they've taken out of the internet,
taken off the Internet. So, looking at some stats, more
than three billion daily users are on metas platforms, and
fraud is not particularly new with these platforms. But if
(16:20):
you look at the rise of cryptocurrencies, Generative AI, these
overseas crime networks.
Speaker 2 (16:27):
Based out of Southeast Asia.
Speaker 3 (16:29):
Primarily, the immensity of this scam issue is growing and
has been regularly flagged by employees.
Speaker 2 (16:40):
It has exploded.
Speaker 3 (16:41):
Beyond beyond anything most people can believe now. Fraud has
been around for a long time. One of my favorite
ones is grandmothers, grandfathers, parents, get a phone call. Your son,
your daughter has, especially if they're overseas, has been arrested,
(17:02):
and we need money to get them out of prison.
I lost the passport, We need money. I had that
happen to me a few times. Gee, don't you want
your kid back? No, not particularly. I'm not going to
send you the money. That's not worth it. Okay, So
that didn't work so much with me, but it does
work with other people.
Speaker 2 (17:21):
So what is.
Speaker 3 (17:23):
Working not so much with me? Because I am cynical
about everything, and that is going on the Internet and
buying products when in fact there are no products to buy.
Speaker 2 (17:38):
More than three billion users.
Speaker 3 (17:40):
Are on metas platforms Facebook and Instagram, I mean every day,
So fraud it's going to happen. But here is the problem,
and current form employers say Meta isn't really at adding
impediments for ad buying clients. In other words, they're allowing
(18:04):
the fraud to happen because they don't want to get
in the way.
Speaker 2 (18:08):
This is the accusation by the Wall Street Journal.
Speaker 3 (18:12):
I want to make that really clear before I get sued,
and is saying this is a fact. This is the
accusation by the Wall Street Journal that really investigated this.
They looked at a lot of documents, talked to a
lot of former and they're saying current Meta employees, and
what they're saying is.
Speaker 2 (18:32):
That Meta doesn't do a whole lot.
Speaker 3 (18:34):
For example, Wall Street Journal looked at a twenty twenty
four document that show the company will allow advertisers to
accrue between eight and thirty two automated strikes for financial
fraud before they ban the account. So there can be
thirty of these and still that account is not. Remember
(19:01):
I told you about Edgar Guzband that owns this company
that does wholesale home supplies feed, pet feed. He's out
of an Atlanta warehouse. That's where you get it in bulk.
And the ads are running all over the country saying
you can buy it from him at his prices and
he'll ship it to you, which is complete fraud. And
(19:22):
by the way, the money, of course goes to these
people and sometimes what they do and I.
Speaker 2 (19:28):
Get this sort of this stuff all day long.
Speaker 3 (19:31):
And that is it's really inexpensive stuff, you know, nine
dollars and ninety nine cents just shipping and handlet handling.
Speaker 2 (19:40):
Well, if you add that, if you're sending out.
Speaker 3 (19:42):
Millions and millions of these a day, that gets problematic. Now,
is Meta doing enough? They say they are, And at
the same time they say they are and say.
Speaker 2 (19:54):
But we don't have a duty to do that.
Speaker 3 (19:57):
We don't have a duty to make sure that fraud
does not exist when there is user content, and that
is well, that seems to be the case because there
is something called Section two thirty under the US Telecommunications
Law where these platforms are generally shielded from liability for
(20:22):
user created content. Now, The problem is when are they
told and when they are told.
Speaker 2 (20:29):
This is user created, this is fraud. We can prove it.
Edgar Guzmann can show them.
Speaker 3 (20:40):
There have been forty four hundred sales of his products
on meta on the meta platforms, of which fifteen actually
were legitimate purchases where people went onto his website.
Speaker 2 (20:57):
Obviously they're in the Atlanta area, he went.
Speaker 3 (21:00):
To his warehouse, bought the product, paid him the money.
The other forty four hundred were fraud where guzbond did
not get the money and people called him and complained.
Speaker 2 (21:17):
And this is going on. Well, just give you an idea.
Speaker 3 (21:21):
And this is the figure I was stunned at is
if you look at.
Speaker 2 (21:26):
The fraud that is being complained about over the.
Speaker 3 (21:28):
Last year, over fifty percent has been on meta platforms.
Speaker 2 (21:35):
We're talking millions and millions.
Speaker 1 (21:39):
Oh, Instagram is the worst.
Speaker 2 (21:41):
I mean, just crazy Graham, the.
Speaker 1 (21:46):
Ads on there.
Speaker 4 (21:47):
Never buy from them, never buy, Go search somewhere else
because they're all garbage.
Speaker 3 (21:55):
I get on a regular basis, and it's not an
expensive handle and it is very inexpensive handle on the
law right, which is a corporation handle on the law
dot com. So it's registered as a corporation, and I
can't tell you how many times a day it's some
purported agency, a governmental agency says you owe forty dollars,
(22:15):
you owe twenty five dollars, and you figure, you know,
with a company it slips by, who's going to pay
attention to that? Well, it's fraud. The other one I
get is from the toll roads, and I don't know
how they get this information. I'll go through the toll
and I have one of those transponder things on my window,
on my window shield, and I go through and the
(22:38):
light goes on, and I prepay it so it's on
a credit card, and within a couple of days or
three days, I will get a text saying that you
have to pay this toll of seven dollars, and you
have to do it before X date or you will
be held liable for all of legal ramifications, including penalties,
(23:04):
and ultimately you may even be held liable by the authorities.
Speaker 2 (23:08):
So pay your seven dollars and fifty cents. It's just.
Speaker 3 (23:13):
That's why I took a shotgun and shot out those
those cameras.
Speaker 2 (23:17):
Got in a lot of trouble for that. All right,
We're done.
Speaker 3 (23:21):
KFI Am sixty live on KFI Am sixty.
Speaker 2 (23:30):
You've been listening to the Bill Handle Show.
Speaker 3 (23:31):
Catch my Show Monday through Friday, six am to nine am,
and anytime on demand on the iHeartRadio app
You're listening to bill Handle on demand from kf I
AM six forty.
Speaker 2 (00:08):
KFI AM six forty bill Handle.
Speaker 3 (00:10):
It is a Friday, Foody Friday, May sixteenth, and the
eight o'clock hours always fun on Friday, because first of all,
it's foody Friday, which means Neil and I jump into
all things food.
Speaker 2 (00:23):
And then a thirty to nine it's ask candle anything.
Speaker 3 (00:25):
We've already done a few of those this morning, to
my dismay and humiliation. So as Amy said, we're gonna
have a rip roaring good time this morning. Now, what
do you think Californians are most concerned about? This kind
of easy simply, what's going on about finances? We're sweating
(00:47):
our finances. You know, I've never sweat my finances in
my entire life, and you know why, because I've.
Speaker 2 (00:54):
Always lived way way under my means.
Speaker 3 (00:57):
I just happened to believe in by buy my closes.
It costs go, I shop at Costco. I mean, that's
what I do. So I am now sweating finances because
I don't know what the future is going to bring.
And a lot of Californians feel exactly the same way.
Speaker 2 (01:15):
If you are a Democrat, if you.
Speaker 3 (01:18):
Are Republican, things are great, just fantastic. Housing prices no problem,
the cost of living no problem. And this was a
poll that was just released and it is unbelievable. In August,
(01:38):
before the election, forty six percent of the Democratic voters
in the state were upbeat about their financial well being.
Speaker 2 (01:46):
Basically half the people were.
Speaker 3 (01:49):
Now we're in April, a few months after the inauguration,
that forty six percent drops to nine percent who are upbeat.
Speaker 2 (01:59):
Now, let's go to the Republicans.
Speaker 3 (02:03):
Before the election, during the Biden era, nine percent were hopeful.
That's it about the coming up because during Biden's time,
of course, we were in the worst financial position we've
ever been in.
Speaker 2 (02:16):
The history of the United States. Now you're ready for this.
Speaker 3 (02:22):
Now, among Republicans, fifty seven percent are up beat. The
economy is great, We're doing fantastically. We couldn't do better.
Cost of living is way under control. Inflation, actually, cost
of products are way down. Because that's what we're told.
(02:45):
We are told we are in the best economy. Now
to the extent that we're not in a good economy,
that's the Biden economy.
Speaker 2 (02:52):
I've only heard that once.
Speaker 3 (02:52):
By the way, you know, One of the things is
every administration throws out these trial balloons.
Speaker 2 (03:00):
What sticks.
Speaker 3 (03:02):
I've only heard once so far. This is Biden. It's
the Biden administration. The tariffs are about dealing with the
Biden administration. All of our issues are the Biden administration.
But we don't have many bad issues. We are in
great shape. And I'll tell you what the guy who
ran this poll was about. And this is a legitimate poll.
Speaker 2 (03:25):
He said that.
Speaker 3 (03:30):
Trump's victory in November was credited in part to his
campaign promises to address the high prices and economic uncertainties.
Speaker 2 (03:40):
Where did inflation come from?
Speaker 3 (03:42):
Fiscal policy, for the most part, led to much higher
inflation because of the money that was spent during COVID.
The government just piled money to us and inflation went
up well. Since twenty twenty, inflation have fallen, but voter
still notice the steep increases in everyday expenses like gas
(04:03):
and groceries. Unless you're a Republican. If you're a Republican,
you're told that everything is great. Everything is great.
Speaker 2 (04:11):
If you're a Republican, you're not paying five dollars for gas.
If you're a Republican, you are not paying.
Speaker 3 (04:19):
Fifteen dollars for a pound of meat instead of six.
Speaker 2 (04:25):
Why because you're being told that. And here's what he said.
He said, it is the most.
Speaker 3 (04:30):
Weird thing in forty years of polling he has ever
ever seen. He says, it is crazy, and it's right
down party lines. If people are told the economy is fantastic,
then the economy is fantastic. If they are told they
have a job and they don't have a job, then
(04:53):
they have a job. He said, it is the most
amazing thing he's ever ever scene. It's that what Democrats
and Republicans believe are totally different. If the Republican administration
or any Republican elected official looks.
Speaker 2 (05:12):
Outside and it's raining and says, you.
Speaker 3 (05:14):
Know, it's sunny outside, Republicans step outside and even if
they get wet, it's it's sunny. And the other way
is exactly the same. I mean, it is completely crazy.
So the stats in California tell us we are really
concerned about the economy and our financial future. Unless you're
(05:39):
a Republican, then you know we're doing great. We're going
to be doing great. Things couldn't be rosier because that
was the promise.
Speaker 2 (05:51):
That was made. All Right, We're going to see more
of those polls.
Speaker 3 (05:57):
And I got to tell you, even and I have
talked to Republicans who are staunch Republicans, I gotta tell you,
they say the same thing.
Speaker 2 (06:08):
To me.
Speaker 3 (06:09):
I shake my head and I go, do you really
think our economy is on a tear yep?
Speaker 2 (06:18):
Sure do? All right, you got me.
Speaker 3 (06:22):
And what the state of California is trying to do
is somehow unravel that. Why because California is Democratic, so
California doesn't buy into that, and so all kinds of
bills are being passed make housing more affordable.
Speaker 2 (06:34):
It's not gonna happen. It's not. It's one of.
Speaker 3 (06:39):
Those things that's gonna take virtually a decade or two
to straighten out. And California is in horrible shape, mainly
because of housing prices. And how about this one. Where
is it the toughest to build anywhere in the country?
California exactly, the most restrictive building permitting process that exists,
(07:04):
the number of units. They're making little inroads, but not
very much. Okay, let's have fun. Neil is involved in
three D printing. I mean he does a lot of it.
And there was a story in the La Times about
two things. One prefab housing in general, prefab housing is
(07:27):
manufactured housing. Instead of going onto a lot and then
building a house like I have done, and it takes year,
year and a half and a lot of waste.
Speaker 2 (07:40):
With the wood and a lot of trash.
Speaker 3 (07:41):
They manufacture the house in a huge manufacturing plant. There's
no waste, and then they simply truck it to the lot,
put it on there. In three days, you've got a house.
You pour the foundation, and you have a house and
it's all plug in together. Okay, that is kind of neat,
and that is the way of the future. Beyond that, it's.
Speaker 2 (08:07):
Three D printing a house.
Speaker 3 (08:10):
Now, Neil, explain that one, because I understand three D printing.
I've seen you three D print with your printer. We've
talked about it. I've done stories on it.
Speaker 2 (08:20):
But a house, how the hell do you do that?
Speaker 1 (08:25):
You know, the tech is getting insane.
Speaker 4 (08:28):
I just got a new printer and it the things
that it can do.
Speaker 1 (08:32):
I'm building stuff constantly for the house. So what you do.
What you have is something called FDM printing.
Speaker 4 (08:38):
That's fused deposition modeling, and that means that it takes
thin layers of something and with computer programming allows you
to put thin layers on top of thin layers on
top of thin layers to build something. Now, in the
case that I use, there's two types that I use.
(09:00):
I use a resin printer that hardens the resin with
a light with a UV light, and then I use
the FDM printer, which is taking thermoplastics like you know,
PLA abs nylon and it melts them and then makes
thin layers, and then on a z access it pulls
(09:21):
those layers up and creates whatever three D object you're
trying to manufacture on large scale. They can do this
with concrete, special types of concrete, and so they have.
The important thing is the ability to cure, cool, dry
(09:44):
whatever you're extruding as quickly as possible, so that it
gets a certain structural integrity where you can put another
layer on top of it, and another layer and you've
got walls.
Speaker 2 (09:57):
It's wild. Let me, I immediately have a couple of questions.
Speaker 3 (10:00):
One I can see, for example, the equivalent of a
two by four or a stud being manufactured with a
machine that's big enough.
Speaker 2 (10:09):
Then you still have to build it on site.
Speaker 3 (10:12):
Now you may not have to cut it, you may
not have to saw it off at a certain length
and measure because it's already done, because the computer is
already designed the house. But you know, you're just talking
about a better system of walls. At what point does
a three D house come about? Or a good part
(10:33):
of it?
Speaker 4 (10:34):
Well, if you have special material that has installation in
it has structural integrity, it's light but strong. Instead of
imagine instead of a big tractor or something that is
moving large pieces of concrete or two by fours or
(10:55):
any of these things, imagine a big tractor or a
rig that extrudes the material into the same shape that
the architect is designed. So now it's building the wall,
it's building the frame, it's building the window spacing, it's
(11:17):
building the door spacing. It's doing all of that, and
then you're putting up the wall board, the sheet rock
or these types of things on top of that. There's
many different ways to use it. Sometimes you're manufacturing parts
of the house. But they've gotten to the point where
they can do this completely. As a matter of fact,
will just set me a story that he had about
(11:40):
a Starbucks that was built into a three D structure
in Texas. And if you look at that you see this.
You see the layers of concrete and it's these thin
layers and they're put on top of each other, and
they as they cure, they're curing to together, and it
(12:01):
gives a whole different way.
Speaker 3 (12:02):
So the issue is, and I've seen three D printing,
I've seen yours. I just I just questioned the size
has to be just astronomical.
Speaker 4 (12:12):
But so is a crane to build a you know,
a building. Imagine the crane now has not only your
your HY and X access access, it now has that
Z or the Z access to pull things upward.
Speaker 1 (12:27):
It's pretty amazing.
Speaker 4 (12:29):
But the technology we've had for a while, it just
keeps getting better. I mean the stuff that I am
printing right now, Bill, you would have no idea it
was three D printed. And I'm in a couple of hours, I,
you know, will make something accustomed, something for my wife.
I made a custom, you know, something for her desk,
(12:53):
or constantly fixing toys or fixing things around the house,
or car parts. Even you'd be surprised that you could
pull off. That's why when people talk about the tariffs,
when people talk about manufacturing, you'd be surprised how manufacturing
has changed.
Speaker 2 (13:09):
Okay. It's always fun to talk about this sort of
stuff with Neil because he really does great stuff with
love it. Yeah.
Speaker 3 (13:15):
Now there is a story about fraud that's going on
the Internet that is rather extraordinary, and I've been reporting
on fraud.
Speaker 2 (13:23):
People have been talking about fraud on the Internet and
fraud in general for years and years.
Speaker 3 (13:28):
So the Wall Street Journal Journal looked into it and
they interviewed a guy with named Edgar Guzman. For two years,
he's been getting calls from customers who are not very happy,
who responded to his ads on Instagram, or they thought
they were responding to his ads on Instagram. His company
(13:50):
is half off wholesales home improvement supplies garden equipment in
bulk that are bought out of an Atlanta warehouse. There's
very steep discounts, so people buy it, they sit in
their payments, the products never arrive. They call Guzman to
complain and he gets deliver the news they've been swindled.
(14:14):
I have to break it to people they've been scammed.
We don't even do online sales. We sell out of
our warehouse and we keep reporting pages to Meta. Why
because it's Instagram, it's Facebook where these show up and
nothing ever happens. And what's turning out is that Facebook
(14:35):
and Instagram seems to be now the cornerstone of this
whole Internet fraud economy. Meta accounted for nearly half of
all reported scams on Zell for JP Morgan Chase, and
that was between the summers of twenty twenty three twenty
twenty four. The peer to peer payment platform Zell is
(14:56):
owned by a bunch of banking giants, JP Morgan, Wells Fargo,
and not only they, but many other banks have experienced
the same high number of fraud claims that originate on Meta.
Same thing in Australia, same thing in England. Now let's
(15:16):
go to Guzman for a moment. What the Wall Street
Journal did is look at more than forty four hundred
different ads listing the address of his business that are
run in the last year.
Speaker 2 (15:31):
Forty four hundred.
Speaker 3 (15:33):
His actual business were responsible for fifteen out of the
forty four hundred. That's the level of fraud that's going on. Oh,
by the way, all of this count information. All of
these quote sales are run out of China, Sri Lanka, Vietnam,
the Philippines. They actually use pictures of half Off's warehouse,
(15:57):
Guzman's warehouse, and they list the address, but these are
all stolen pictures that they've taken out of the internet,
taken off the Internet. So, looking at some stats, more
than three billion daily users are on metas platforms, and
fraud is not particularly new with these platforms. But if
(16:20):
you look at the rise of cryptocurrencies, Generative AI, these
overseas crime networks.
Speaker 2 (16:27):
Based out of Southeast Asia.
Speaker 3 (16:29):
Primarily, the immensity of this scam issue is growing and
has been regularly flagged by employees.
Speaker 2 (16:40):
It has exploded.
Speaker 3 (16:41):
Beyond beyond anything most people can believe now. Fraud has
been around for a long time. One of my favorite
ones is grandmothers, grandfathers, parents, get a phone call. Your son,
your daughter has, especially if they're overseas, has been arrested,
(17:02):
and we need money to get them out of prison.
I lost the passport, We need money. I had that
happen to me a few times. Gee, don't you want
your kid back? No, not particularly. I'm not going to
send you the money. That's not worth it. Okay, So
that didn't work so much with me, but it does
work with other people.
Speaker 2 (17:21):
So what is.
Speaker 3 (17:23):
Working not so much with me? Because I am cynical
about everything, and that is going on the Internet and
buying products when in fact there are no products to buy.
Speaker 2 (17:38):
More than three billion users.
Speaker 3 (17:40):
Are on metas platforms Facebook and Instagram, I mean every day,
So fraud it's going to happen. But here is the problem,
and current form employers say Meta isn't really at adding
impediments for ad buying clients. In other words, they're allowing
(18:04):
the fraud to happen because they don't want to get
in the way.
Speaker 2 (18:08):
This is the accusation by the Wall Street Journal.
Speaker 3 (18:12):
I want to make that really clear before I get sued,
and is saying this is a fact. This is the
accusation by the Wall Street Journal that really investigated this.
They looked at a lot of documents, talked to a
lot of former and they're saying current Meta employees, and
what they're saying is.
Speaker 2 (18:32):
That Meta doesn't do a whole lot.
Speaker 3 (18:34):
For example, Wall Street Journal looked at a twenty twenty
four document that show the company will allow advertisers to
accrue between eight and thirty two automated strikes for financial
fraud before they ban the account. So there can be
thirty of these and still that account is not. Remember
(19:01):
I told you about Edgar Guzband that owns this company
that does wholesale home supplies feed, pet feed. He's out
of an Atlanta warehouse. That's where you get it in bulk.
And the ads are running all over the country saying
you can buy it from him at his prices and
he'll ship it to you, which is complete fraud. And
(19:22):
by the way, the money, of course goes to these
people and sometimes what they do and I.
Speaker 2 (19:28):
Get this sort of this stuff all day long.
Speaker 3 (19:31):
And that is it's really inexpensive stuff, you know, nine
dollars and ninety nine cents just shipping and handlet handling.
Speaker 2 (19:40):
Well, if you add that, if you're sending out.
Speaker 3 (19:42):
Millions and millions of these a day, that gets problematic. Now,
is Meta doing enough? They say they are, And at
the same time they say they are and say.
Speaker 2 (19:54):
But we don't have a duty to do that.
Speaker 3 (19:57):
We don't have a duty to make sure that fraud
does not exist when there is user content, and that
is well, that seems to be the case because there
is something called Section two thirty under the US Telecommunications
Law where these platforms are generally shielded from liability for
(20:22):
user created content. Now, The problem is when are they
told and when they are told.
Speaker 2 (20:29):
This is user created, this is fraud. We can prove it.
Edgar Guzmann can show them.
Speaker 3 (20:40):
There have been forty four hundred sales of his products
on meta on the meta platforms, of which fifteen actually
were legitimate purchases where people went onto his website.
Speaker 2 (20:57):
Obviously they're in the Atlanta area, he went.
Speaker 3 (21:00):
To his warehouse, bought the product, paid him the money.
The other forty four hundred were fraud where guzbond did
not get the money and people called him and complained.
Speaker 2 (21:17):
And this is going on. Well, just give you an idea.
Speaker 3 (21:21):
And this is the figure I was stunned at is
if you look at.
Speaker 2 (21:26):
The fraud that is being complained about over the.
Speaker 3 (21:28):
Last year, over fifty percent has been on meta platforms.
Speaker 2 (21:35):
We're talking millions and millions.
Speaker 1 (21:39):
Oh, Instagram is the worst.
Speaker 2 (21:41):
I mean, just crazy Graham, the.
Speaker 1 (21:46):
Ads on there.
Speaker 4 (21:47):
Never buy from them, never buy, Go search somewhere else
because they're all garbage.
Speaker 3 (21:55):
I get on a regular basis, and it's not an
expensive handle and it is very inexpensive handle on the
law right, which is a corporation handle on the law
dot com. So it's registered as a corporation, and I
can't tell you how many times a day it's some
purported agency, a governmental agency says you owe forty dollars,
(22:15):
you owe twenty five dollars, and you figure, you know,
with a company it slips by, who's going to pay
attention to that? Well, it's fraud. The other one I
get is from the toll roads, and I don't know
how they get this information. I'll go through the toll
and I have one of those transponder things on my window,
on my window shield, and I go through and the
(22:38):
light goes on, and I prepay it so it's on
a credit card, and within a couple of days or
three days, I will get a text saying that you
have to pay this toll of seven dollars, and you
have to do it before X date or you will
be held liable for all of legal ramifications, including penalties,
(23:04):
and ultimately you may even be held liable by the authorities.
Speaker 2 (23:08):
So pay your seven dollars and fifty cents. It's just.
Speaker 3 (23:13):
That's why I took a shotgun and shot out those
those cameras.
Speaker 2 (23:17):
Got in a lot of trouble for that. All right,
We're done.
Speaker 3 (23:21):
KFI Am sixty live on KFI Am sixty.
Speaker 2 (23:30):
You've been listening to the Bill Handle Show.
Speaker 3 (23:31):
Catch my Show Monday through Friday, six am to nine am,
and anytime on demand on the iHeartRadio app
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