Whether you're a defense attorney, a criminal defendant, or someone eager to learn about sentencing, federal prison, and white-collar crime, our podcast is an excellent resource. It's never too soon or too late to begin preparing for a government investigation, and here's why: Statistics demonstrate the potentially life-altering consequences of encountering the criminal justice system. Beyond the initial indignity of an arrest or the notification of a criminal investigation, those targeted by law enforcement face additional challenges: How will this situation impact my career and earning capacity? What changes will my life undergo if I receive a federal prison sentence? How will my family members be affected by my term of confinement? In the face of such complex challenges, consulting with a competent defense attorney is crucial (please note we are not lawyers and do not offer legal advice). A skilled attorney will guide the criminal justice process and help individuals navigate these difficulties. At White Collar Advice, our dedicated team focuses on assisting those seeking to learn how to: Avoid charges or get the shortest sentence possible. Serve their sentence in a federal prison camp or a facility with the lowest possible security level. Establish meaning and confidence while in federal prison. Transition back into society and pursue a new career path. Create a record that leads to increased liberty during supervised release. Our podcast offers more than just generic information through a quick internet search. We prioritize delivering insightful and personalized content to our audience. As the host, I bring a unique perspective to the table. As a successful stockbroker at Bear Stearns and UBS, I specialized in representing professional athletes and hedge funds. My journey through the criminal justice system, including a felony conviction for securities law violations, has given me valuable insights. For an in-depth account, grab a free copy of Lessons From Prison at WhiteCollarAdvice.com. White Collar Advice has also become a trusted resource for numerous media outlets, including Dr. Phil, The New York Times, CNN, Fox News, The Washington Post, Fortune, The New York Post, BBC, ABC, and NBC. If you have questions or inquiries, please contact us at Support@WhiteCollarAdvice.com or call 818-424-2220. I appreciate your interest in our podcast. We look forward to sharing valuable knowledge and empowering you with the information you need to navigate the complexities of the criminal justice system. Justin Paperny
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White Collar Advice
They Want It All. This Is a Total Disaster.
Aug 20, 20262 min
An executive texted me: they want it all, this is a total disaster. Earlier this week I did a live YouTube video on how to communicate with the government, starting with their perspective. Eighteen months ago this guy chose not to plan and not to put himself in the shoes of a prosecutor who wants it all. As a defendant you can make moves financially, transparently, without risk of getting in trouble. You can invest in real estate and disclose it. They could still take the real estate, and it's harder for them if it's illiquid. But if you pled guilty, you created victims, and you tell them you're sorry, you'll make amends, you'll do better, hold you accountable, all the clichés and buzzwords they've heard 800 times this year, and then they come across a million dollars in liquid cash, of course they want the money. So when he asks how he keeps the money, or gives them as little of that liquid cash as possible, and still gets a shorter sentence, it tells me he doesn't understand how government investigations work. I can't change what he didn't do 18 months ago. I don't chase. You either believe in mitigation and planning or you don't, and I'm not going to convince you.
Two things happened in the last 30 minutes. Three kids, about 17, no helmets, on their iPhones, riding e-bikes, ran me off the side of the road and I ended up in a bush. On the way in I thought, if I die, I'm glad my family is taken care of. A little dramatic, since it was a bush, but that's what goes through your mind. Will the wife remarry? Hard to find someone as witty, but in time, perhaps. The point is I had insurance. You prepare for the worst outcome. Right before that I got a call from a doctor in Texas facing sentencing in three weeks who told me his lawyer said it's time to begin preparing. He would have been stronger had he started before he saw his name versus the government, and certainly right after, not three weeks out while trying to persuade a judge he's a candidate for leniency. He's going to give a message that judge has heard 300 times since January. Alyssa and Jason, I love you. Call me a strict parent. You ain't riding no e-bikes.
July 9th, 2008, four or five months into my sentence, around 3:45 in the afternoon just after mail call. Michael Santos asked if I knew the new prisoner who had transferred in from another prison, about 20 feet away, loud, showing off, telling everyone there's no deal he can't close, the jets he flew on, the models he slept with. I said no. Michael said that's Roman Fabrizi. Walking the track that afternoon he told me Roman Fabrizi isn't a person, it's a type of prisoner: the one who mocks other prisoners who are willing to try and build, and who cozies up to staff hoping for a benefit, more halfway house time, getting home earlier. He used the phrase putting on airs. I didn't know what that meant. He said it's acting superior when we're not. We're human beings and we can all become better. I wrote about it in my prison journal the next day and it hangs in my office. It connects to CZ, who said in an interview this week that guards asked him whether they should invest in Bitcoin. He probably knows. If he had answered the way they wanted, they might have sent him home early or given him some benefit. He said I don't know, walked back to that antiquated prison computer, and kept writing Freedom of Money. If one of the richest and most successful men in the world can say I don't know, so can you. Don't be Roman Fabrizi. Don't put on airs.
I was working late with Breaking Bad on in my office, season two, episode six, and when Gretchen told Walter she feels so sorry for him I stopped and filmed this. When I was a defendant I took terrible care of myself. In-N-Out four nights a week. A thing of Red Man chewing tobacco every two days. My teeth would bleed and I wouldn't stop. I was punishing myself because I felt like I deserved it, and I got so used to the pain that I didn't even try to get better. Right after I was sentenced I played in a charity golf event at El Caballero Country Club in Tarzana, and an old friend, a retired athlete, came up and said he knew I was going to prison, that he was sorry, that he felt so sorry for me. It was sickening then and it's sickening now. Pity, with the opportunities I had and the way I responded to them, as if I couldn't handle it. That was worse than any day in prison, and it's exactly what Gretchen said to Walter. I stopped living as a victim in 2008. Prison was the best thing that ever happened to me because standing for count for 388 days forced me to look inward and finally get it together. We don't need anyone to feel sorry for us. We need to begin engineering a better outcome.
He called 90 minutes before surrendering to the camp at Fort Dix and wanted to know what to pack. I told him the longer you stay on the wrong train, the more expensive it is to get home. He said he didn't want to talk about the train, he wanted the packing list. So here's my story. Three days before I went to prison I looked at the Taft commissary list, saw white Reebok shoes and a Timex watch, drove to Big 5, bought them, and surrendered wearing them. They told me I could donate them or send them home. I think they went to the correctional officers trust fund. Don't pack anything you're not prepared to lose. Bring your medications, some money, your contact list, and your release plan. If they don't let you bring the money in, your family can send it through Western Union or to the drop box in Iowa. Share the release plan with your case manager, who may throw it in the trash because he's testing you, and share it with your probation officer. More importantly, don't complain and don't lament. You're moving into a place where men have lived for weeks, months, years, and decades. Today is a great day because you're one day closer to home. I kept trying to get him talking about getting off the train and onto the right track. It totally failed.
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