How to Make Billions from Exposing Fraud | E2234
On Today’s episode of TWiST, Jason interviews Alex Shieh of the The Antifraud Company. Under the False Claims Act, enterprising Americans, like Alex, can receive up to 30% of fraud dollars they uncover! Jason digs into the business of fraud with Alex Shieh and how a generational company could be built around it! PLUS Alex Wilhelm and Marcus Brotman take a look at the history of BOOM, $1.5 Billion dollar startup bringing back supersonic commercial travel! Jason first interviewed Blake Scholl almost 10 years ago in 2016. Back then, BOOM was a dream to bringing back supersonic travel. The Concorde’s failure, and why BOOM is different, is central to Blake’s thinking. What is fascinating is Blake’s mindset and vision for the early stages of this future unicorn startup.
Key Points
- Investigative journalism combined with AI is being leveraged to uncover large-scale government fraud, potentially saving billions and generating significant financial rewards for whistleblowers.
- Boom is working on making supersonic passenger travel economically viable by improving fuel efficiency and leveraging modern materials and aerodynamics, aiming to offer supersonic seats at the cost of current business class fares.
- The Anti-Fraud Company utilizes AI and open-source intelligence to systematically identify and pursue large-scale fraud against the government, positioning itself as a unique whistleblower entity within the legal framework of the False Claims Act.
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Transcript
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