The Teen Behind a $500K Ponzi Scheme #shorts

Instead of investing money from friends and family, Ian Bick was using it to pay off bad debts for previous failed ventures, and funding his own high-end lifestyle of holidays, limos, and designer clothes. Watch the full episode from our series Fakes, Frauds and Scammers here: https://www.youtube.com/watch?v=PiOlHqbhZxw Click here to subscribe to VICE: http://bit.ly/Subscribe-to-VICE About VICE: The Definitive Guide To Enlightening Information. From every corner of the planet, our immersive, caustic, ground-breaking and often bizarre stories have changed the way people think about culture, crime, art, parties, fashion, protest, the internet and other subjects that don't even have names yet. Browse the growing library and discover corners of the world you never knew existed. Welcome to VICE. Connect with VICE: Check out our full video catalog: http://bit.ly/VICE-Videos Videos, daily editorial and more: http://vice.com More videos from the VICE network: https://www.fb.com/vicevideo Click here to get the best of VICE daily: http://bit.ly/1SquZ6v Like VICE on Facebook: http://fb.com/vice Follow VICE on Twitter: http://twitter.com/vice Follow us on Instagram: http://instagram.com/vice Follow us on TikTok: https://www.tiktok.com/@vice?lang=en The VICE YouTube Network: VICE: https://www.youtube.com/VICE MUNCHIES: https://www.youtube.com/MUNCHIES VICE News: https://www.youtube.com/VICENews VICELAND: https://www.youtube.com/VICELANDTV Vice Life: https://www.youtube.com/Broadly Noisey: https://www.youtube.com/Noisey Motherboard: https://www.youtube.com/MotherboardTV VICE Sports: https://www.youtube.com/NOC i-D: http://www.youtube.com/iDmagazine Waypoint: https://www.youtube.com/WaypointVICE #money