➡ A bank manager, Wexin Tony Chen, was recently indicted for setting up accounts for people, approving their loans without their knowledge, and then stealing hundreds of thousands of dollars from them. In other news, Hertz has partnered with Amazon to sell used cars, providing detailed descriptions and certifications for each vehicle. However, there are concerns about the complexity of the technology in these cars. Lastly, the real estate market is currently declining, with 15% of all contracts being cancelled last month, the highest figure since 2017, and houses staying on the market for an average of 43 days.

➡ The real estate market is experiencing changes, with some areas seeing high activity while others are slowing down. Interest rates and overpricing are issues, particularly in places like Vegas where house prices have skyrocketed. Condos are also problematic due to association fees and building issues. Meanwhile, CBS News is reportedly facing financial difficulties, losing millions of dollars, which they deny.

Hey, it’s Dan. Welcome back to I Allegedly and I’ve got a good one for you today Because we’ve got some good news No central bank digital currency How wild is that? Let’s hit the like button. Let’s subscribe to the channel We have a sponsor today, Patriot Gold, but let’s get right into it. In our latest defense bill HR 3838, which is 1,300 pages, which I’m one of the only people that read it and one thing that’s in there That’s amazing is that they want to ban central bank digital currency Unbelievable guys read the story below on this.

This is great great news because what it does is it makes it so that number one Your privacy is going to be intact our You know defense authorization bill for 2026 This thing is this could really change things for us. It could make it to where your privacy is going to be intact You don’t have to worry about big brother, you know over you I mean central bank digital currency is going to happen. We’re going to have digital currency. There’s going to be crypto It’s just going to it’s going to be there But this could be a great thing because what they’re talking about is with the defense rules getting rid of this and the surveillance act anti-surveillance act of You know 2026 this is great news.

So What it does is that it will make it so that there won’t be any Way of having these central banks You know our digit digitization of our money. It’s coming but it’s not coming right now Which is great crypto is going to be here crypto coins are going to be here. You’re going to see Ethereum XRP Bitcoin everything like that Shiba Inu all this stuff. It’s still going to be there, but you’re not going to have that now one more other thing That’s kind of cool is You know a lot of money is earned here in the United States and then shipped out of the country Mexico has had nothing but problems lately getting money sent and now they’re blaming this on the immigration raise I don’t think it’s that I just think that people are earning less money and not sending it home For the first time in 13 years.

There was a massive decline in the money that was sent from the United States to Mexico 6.4 billion dollars was sent to Mexico last month. Well, that’s a lot of money Dan. No, it’s nothing it’s down 16% year-over-year sixteen percent and Three and a half percent of all of Mexico’s GDP is foreign money being sent into the country By workers that are earning money and I’m not talking about illegal activity and and things like that and shenanigans I’m talking about people just sending family members parents kids siblings You know grandma and grandpa money that has stopped guys that has stopped So it’s it’s going down month after month after month right now and you can blame it on immigration But I just think it’s a sign of the time for the economy So much is happening right now and When you see these bills that get written up and you see things happen like this it’s actually good news, I think when you see that they’re cutting back and They’re not, you know going to do this.

I’m telling you this right now. It’s not People that are doing the legal activity that have to worry about the central bank digital currency It’s the small mom-and-pop business People that do the littlest things right now are the ones that are having difficulty You know one thing that this we did to start this channel was I did a lot of grants right now Square the the credit card swipe company has a ten thousand dollar grant and It is for small businesses, but the cool thing with this and you can read all this information below is If you get one of these grants for your business and you can sit there and say again What’s ten grand gonna do for me? Well, what it’s gonna do guys is they’re gonna give you they’re gonna give you Experts to help you with your financing.

They’re gonna give you experts that work on goals for your business they’re gonna give you accounting help for your business and This is a big big deal because Square has a bank now The bank can lend you money on your business if you are somebody that uses square for your financing You can go out and get an advance on this and what they’ve learned Is that 45% of the people that borrow this money are using the money for expansion right now? Which is a real real big deal You know if you get a PayPal loan If you use PayPal you need to look at these things But you need to do it in such a way that you don’t have to pay it back and let somebody buy something The advantage to the square program and I’ve done this in my business in the past not with square But with PayPal and that is let’s say you borrow.

I’m just gonna use $20,000 Well when you swipe a charge from PayPal a percentage goes back to paying back your loan It’s a really really convenient way if you don’t sell anything over the weekend payments not do People have done some crazy financing things where people have gone out and they finance You know, they’ll get they’ll get 200 grand and every week they have to make a $2,500 payment. Well Think about this. It’s raining in Lake Tahoe. It is they’ve had hail in Lake Tahoe right now We’ll just think if you were a business in the middle of summer renting boats or something and Pete’s hailing Well, no one’s planning on that your payments do that’s the advantage to a loan like this But this square loan is $10,000.

This is going to change things It’s going to make it so that you can get money and not have to you know Pay it back unless you can afford it. I’m in Monterey right now This is just absolutely stunning and beautiful I filmed some stuff on the private channel already and people are like, oh you got to go out there. Good morning you know, so anyways guys Look at all these alternatives if you’re running a business and you have challenges the advantage to these contests and these loans now It’s kind of cool because what they’re doing is they’re making it.

Well, what is a business need? I can write you a check and writing you a check solves a problem but if you could get guidance and You know mentorship. I have a friend of mine who was the first finance here to speak at one of my my conference Conferences when I first had it in 2017. This guy was at my house Going to a wedding like oh, let me come by Dan. We’ll talk so we went out. Hello. Good morning this guy came by for an hour and we got to Go through all these different alternative financing programs and things like that that he’s working with right now It’s pretty exciting.

But again, not everybody wants to borrow money for the business But if you need money if you want a grant, I mean there’s grants to do everything out there guys grants to pay your bills grants to help you Grow your business start a business Everything pay your pay your insurance cost pay everything But you have to research you got to start in your city county and state that you live in and look at the grants there And then go from there, but check this out. Isn’t this just beautiful? What a great spot so a Lot more to cover in this video Let’s talk about our sponsor Patriot Gold Group The one thing about Patriot Gold Group guys is they sell all types of precious metals Have you seen what silver is doing lately silver is almost $40 an ounce.

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They’ve been number one rated Wow Number one with consumer affairs. They have IRAs 401 K’s They have an they have a no fee for life IRA on qualifying rollovers Contact them today. If you don’t want to call use the link below. They will send out a free investor guide It’s absolutely amazing. But call them today 888 330 1431 do it now before it’s too late You This beach is just loaded with Muscle shells Not cool Now Here’s a story that could have made its own video and I was gonna make a video just on this title but there was a bank manager who was indicted at the end of last week and Wexin Tony Chen, mr.

Chen worked for cafe Bank and He was in the city of industry and city of Arcadia, California And cities are right next to each other give you an idea and he managed these two different branches But what this guy would do was he’d go out and he would set up Different accounts for people through their home equity lines and through their home equity lines He would then write himself check against their houses to the tune of hundreds of thousands of dollars now Here’s the wild part about this is that the guy would even go as far as this This is where he got real brazen.

He told people after they would apply Dan your loans been denied You don’t have an accountant. Sorry about that. We’re not gonna approve your loan Now the worst part about this was the loans were approved then he forged their signatures and would start writing checks Against their account. I’m telling you guys you have to look you have to look at Everything involved with the credit everything imagine waking up one day and you find out wait a second, honey I thought we got denied by cafe Bank No, it says we have a fifty thousand dollar line of credit here on our tie to the equity in our home And this guy was just stealing these people’s money.

So he got indicted. He’s done So this is this is the end guys for stuff like this But again in the digital world, I am telling you this right now I had a credit card through a bank and recently they said listen, we don’t do paper statements. Well, good Yeah, I’m gonna close the account. I don’t care how high the credit limits in the sky high The point was was there like we just don’t do that. Well, good how to show me how to log into your bank Well, here’s your portal and then they couldn’t get into the account So you have no idea what I’ve charged.

Oh, wait a second. I’ve talked to IT about this. Send me out of paper statements, sir We just told you we don’t do that. So, okay. Well, watch me close the account So I’m telling you guys you want to have a problem. What do you mean? I charged twelve thousand dollars in, you know You know tusks elusive. No pass. Don’t do that guys be look at your finances You know use marks I’m telling you I always tell people to go to their accountant early I tell people to look at their finances all the time But think about this scoundrel at this bank that bank is going to get their brain suit out for this for what this guy Did because he was a manager.

He was in charge. He was the head honcho there and stole all that money from people. So Mark my words. You haven’t heard the end of this story yet Now one thing we’ve talked a lot about lately is buying used cars used cars are much more desirable Right now than new cars and I’m telling you this right now. You can get such a tremendous deal on a used car right now, but Hertz just teamed up with Amazon and Amazon is going to have a portal and Amazon is going to help Hertz sell all their used cars with better descriptions with with mileage with breakdowns certifying the vehicle so that they are Certifying the vehicle so that they are Safe and trustworthy and everything.

I’m telling you guys I found a bunch of articles about this But I also found a great article how to buy I use cars things that you should ask Things that you should look for now. There’s car guys out there like what are you stupid Dan? Of course, I know how to do this. Not everybody does guys not everybody does So the idea with this is that if you go out and you get you know If you’re looking for a new car go out and ask all these questions go out and look for different ways to You know save money get good deals what you should look for my favorite thing with cars Is you know? Look at guys like Scotty, you know TK’s garage guys like that.

See I’m lucky because I could call TK Today and say hey listen, I’m thinking about buying X as far as you know a American manufactured car He would know everything about that car and oh Dan those the transmission goes at 60,000 miles So they redo the transmission he would know everything This is the type of thing most people don’t know and most people just hear the number and it’s a good price And I’m gonna go from there. No, no, no go out and do a little research, but do you think hurts teaming with? Amazon’s gonna be a big deal.

I for one Think that we’re gonna get rid of more retail Establishments the car dealership model of old is done guys people don’t want to go and be You know Maneuvered and worked over and all this stuff, you know, it’s funny. I had someone write me that They bought a Lexus and the Lexus For a $2,000 package the car would park themselves Only problem is Dan we can’t figure out how to do it and the dealership doesn’t know how to do it Well, give me my $2,000 back.

No, the program has been built into the car. So we can’t give you your money back How fair is that guys? It wouldn’t what would you do with that? You don’t know how to do it I don’t know how to do it, but you charge me two grand for it. Does it even work? so I Think companies like this are gonna get sued. What do you think you think it’s a big deal hurts teaming with Amazon you know hurts had the debacle when they bought all those electric vehicles and You know unloaded them they used Tom Brady and paid him a fortune to make those ridiculous commercials But not everybody can handle these cars.

The technology is too much. Grandma can’t do it. Grandma wants to get in her car started and go Charge my car. Where do I do that? Okay So let me know guys. Let me know what you think I want to thank dr. Marvin for this next article. Think about this guys We talked a lot about real estate and the problem that you have with it is the numbers don’t lie that there’s issues 15% of all contracts that people enter into last month Were canceled the highest figures since 2017 huge numbers It’s up 12% of the month before it’s up.

It’s up. It’s up 58,000 contracts were canceled You know midstream at some point during the escrow process the highest areas were Texas and Florida San Antonio was the number one city where people canceled Transactions now, here’s the other thing that you have to look at is the lingering Houses on them how a number of days on market right now across the country. It’s at 43 days One month and 13 days is what they say if your house has been sold faster you won lotto Okay, so it is a problem I am telling you this right now if you are thinking of buying or selling you have to use an agent You get someone like Scott Walters out of Santa Barbara who knows everybody you get a lender like Sabina Who I’ve referred a bunch of people to? Who set in my angel seats the other night? But the idea with this is you get somebody that knows what they’re doing and can know exactly what you can afford what you can do Knows different markets has agents they’re connected with around the country That’s what you need to do.

You need to protect yourself and make sure you’re getting wise counsel now again You may not need to have an agent help you with buying a house. I get it But I’m telling you do your research do your research one of my proudest moments in the last month Was even my son changing apartments went to? Hey dad him him and his roommate went and looked at places on a Friday night and a Saturday night It’s why dad the stench of weed was just it permeated the building So it’s the last place that they wanted to live so you need to go out and you need to to investigate prior to moving and Don’t buy the shenanigans of all hey you better better make this decision now, or you’re gonna miss out so But you know what I’m talking about little research guys But the deals are out there it is a declining real estate market right now Prices are going down houses are sitting on the market longer the deals are out there now again You know I live in a nice city And I live in a city and an area where houses seem to move quick and the agents are like hey Do you know that we’re we’re in a hot spot? You know the agents always tell me that and when they run into me correct me and say you know not every place is slowing Down we’re we’re busy as ever some places are like that guys And I’m gonna get people in the Carolinas and Iowa and certain markets, but you’re seeing things turn right now That’s a problem right now and again If they lower interest rates a quarter of point.

What’s that gonna do? Oh, then there’s hope for more Dan no again I covered that earlier this week and People either get it or they don’t But you need to make sure your finances are in order and you need to be able to accept that payment at six and a half Percent if you could get in the sixes like the guy that owns the farm because Dan I know what the numbers are if I could get a six percent mortgage on these two farms. I’d be in heaven, okay, so Gotta understand where you’re at and What happens is your house overpriced what we’re seeing in Vegas right now.

It’s crazy you’re seeing areas that You know people bought a house two years ago six hundred thousand now They’re trying to sell it for 1.4 million this area Monterey Pacific Grove all these little cities here. I am Floyd these houses are beautiful They sit right next to the water now something like that’s millions of dollars But you go a couple blocks in still 1.4 million 1.6 million for a two-bedroom two-bath place Now that’s not for everybody guys But it’s really it’s just a beautiful beach community a great place to walk safe all that stuff You know let me know what you think so far.

Are you ceiling real estate turn in your areas? I just think that condos are a huge problem. I think that the Associations and having people pay for different things that are wrong with the building you haven’t seen anything yet It’s gonna get much worse Is this just stunning or what? I’m gonna finish the video with these last few things join our email list The link is below in the video description We have a private channel called I allegedly live where we talk about everything. We can’t talk about other places. It’s fantastic one more dr.

Marvin story that is just goes along with the real estate shenanigans right now and That is think about this guys Where our house is being pulled off the market the fastest? Miami Wow Think about this for every 100 listings 59 59 out of 100 were pulled off the market canceled not Canceling escrow not they had a deal. They had a contract. We’re just gonna wait till the fall You guys understand this is home buying season right now. It’s not in You know the fall you can kid yourself all you want They’re gonna improve Dan they’re gonna turn the corner and we’re gonna see something different now You can read the article below because the real real estate agents are talking about how you know It’s a changing economy and you’re gonna see differences and ebbs and flows with inventory.

Nope guys It’s it’s taking a turn and you don’t want to admit it because you need to sell a house to be able to afford your lifestyle, huh That’s a terrible way of putting it. No, it’s a truth guys. It’s the truth Final Final Story, and this is hilarious It is anticipated that CBS News lost 50 million dollars in the year 50 million dollars now again a Lot of these news organizations have been funded by outside agencies these agencies have been closed so they have less reporters less activity to different stories and things like that and CBS News, you know fought back and said this is not true.

We’re not you know, we didn’t lose 50 million dollars It’s a lot less know what 30 35 Okay Ridiculous the mainstream media has a problem. That’s why channels like this do well guys Is that you know, you get a guy like me that’s researching everything and yeah You guys if CBS News wants to pay me five million dollars a year. I would go work there. Remember that Okay, you’d probably get a bigger audience in some of your shows still Did he say that he did hit the like button subscribe to the channel always check out our sponsors guys Don’t forget don’t forget guys for me and all your other favorite youtubers You my competition guys go out and make sure you have the the like button hit the bell notification it you get notified on everything I am seeing that some of my videos pop up on people’s feed two and three days after they were dropped It’s ridiculous guys.

It’s ridiculous so Like and subscribe. I’ll see you soon Thanks for being here
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