In a 2008 episode of The Morning Show with Mike and Juliette, the hosts explore get‑rich‑quick schemes, focusing on “cash gifting” and a program called GetRichWithRay.com. The segment opens with a discussion about fraud demographics, debunking the myth that only older adults are targeted and noting that 70% of fraud victims are under 60, with many in the 25‑40 age range. Guest expert Robert Siciliano (CEO of IDTheftSecurity.com) explains that cash gifting—money given to family or friends without expectation of return—is legal under IRS rules, but when used as a recruitment tool for a multi‑level structure it becomes an illegal pyramid scheme. Ray Napier, creator of GetRichWithRay.com, describes his program as a three‑tiered “mentoring” service costing $500, $1,500, or $2,000, promising personal guidance and the ability to earn unlimited money by recruiting others. Siciliano counters that the model requires participants to pay to learn how to recruit ten more people, who each must recruit ten more, creating a classic pyramid where only the top tier profits and the chain collapses once new recruits stop joining. The hosts interject with skepticism, labeling Ray “slippery” and questioning the legality and ethicality of his operation. Throughout, the conversation mixes factual claims, promotional language, and rebuttals, illustrating how cash‑gifting rhetoric can mask pyramid fraud and highlighting consumer‑protection concerns.
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Live from the heart of New York City, it's The Morning Show with Mike and Juliette. Tuesday, they promise you top dollar for gold or thousands overnight with little or no money down. Are these companies out to scam you, or can they really make you rich? M&J Investigates.
Alrighty, next up this morning, thank you, sweetheart, another edition of our M&J Investigates series. The economy, you know the way it is, everyone's look out there looking for ways to cut corners, make a little extra money here and there.
For sure, there are tons of commercials There are a lot of apps and websites out there offering get-rich-quick opportunities. But how can you tell if they're legitimate or scams? When times are tough and folks are hard up for cash, beware of the scam artists. The conventional wisdom that most con artists target older Americans, preying on their trust, loneliness, and money, is pure myth. Get this: 70% of all victims of fraud are under 60. 65 years old. And the experts argue the younger set with more education are easier to dupe because of their "it could never happen to me" attitude. They think they're too smart to fall for a scam. And that's not all. Investment fraud swindlers focus primarily on the 25 to 40 age group. And most credit card fraud victims are young adults in their 20s.
There are all kinds of schemes out there, like cash gifting scams and gold scams.
And the most popular ones strike from TV, magazines, telephone, and computers. So if anyone can be scammed, how about you? Yeah, so listen, uh, carefully here. Please welcome CEO of IDTheftSecurity.com, Robert Siciliano.
We also have the creator of GetRichWithRay.com, Ray Napier. Is that proper?
Yes, that's right. Okay, good.
Um, there's something out there that many of us have heard about.
It's called cash gifting. Explain that.
What is this concept?
Well, cash gifting is, uh, well, as far as the IRS is concerned, cash gifting is legal, uh, for, uh, you as a family member to give money to a family member or a friend.
Okay.
With no expectation of anything in return. However, uh, cash gifting, uh, as far as, you know, pyramid schemes go, is illegal as far as the IRS is concerned.
Now you bring up pyramid. Are you talking about Ray's website here? It's called Get Rich with Ray. Go to the internet and you'll see this.
Are you ready to start living the lifestyle you really deserve, doing the things you really want to do? Well, here is your chance. If you're serious about making real money, and I mean achieving total financial freedom, you really are in the right place at the right time. You are about to discover a business that will give you the lifestyle many can only dream about, a business that will provide you with a passport to the outside ultimate lifestyle.
Don't leave us hanging, Ray. What is it?
Golfing.
Yeah, golfing.
Sounds like heaven.
Right, right.
What is it?
Well, I've helped tons of people. Cash gifting is basically— it's not a pyramid, as he stated. It's correct. I've helped tons of people, factory workers, grandmas from Walmart.
What are you asking me to do? How much do I have to give you?
Well, there's 3 levels. There's a $500, there's a $1,500, and there's a $2,000 level. Okay, you would come in at one of those levels, and then you would be able to receive unlimited amounts of that level, of that amount that you gifted?
I have no idea what you just said, right?
Okay. I give you $500.
You give me $500. What do I get out of it?
You would get my mentoring, you get my support, you get me personally. I will mentor you, guide you, and teach you what you need to do in order to make money and receive. Absolutely.
So people are paying you for your service?
Exactly. It's personal one-on-one support with me personally.
What do you do for them?
Okay, Robert.
Give me an example.
First of all, somebody called me, okay? Somebody called me last night in my hotel, and he just needed reassurance, okay? And I was there for him, and he just, you know, he said he just really thanked me because I was able to answer my phone. And, um—
It wasn't Robert calling you to talk about your tie?
No, no, it wasn't Robert at all.
They have the same tie on.
Exactly, we have the same tie on, exactly.
Well, are you giving me financial advice, or am I just giving you $500?
I'm giving you financial advice. I'm teaching you what I do personally and how I, uh, receive my money.
How is this a scam then?
First of all, it should be getrichwithrayscam.com.
Okay?
That's what it should be. All right? And what Ray does is, is Ray asks you to pay him to show you how to make money. Okay?
Yeah.
And what that requires is he teaches you how to get 10 more people to pay you, and those 10 people have to pay those 10 people.
Oh.
And those 10 people have to get 100 people.
That's called pyramid.
Yeah, exactly. That is a scam. It's a bold-faced lie. You have an opportunity here. What you're seeing here is, is Slippery Ray. Slippery Ray is scamming people into paying Ray to make— so that Ray can support Ray's lifestyle.
The first person gets the money for sure.
Absolutely.
But the chain can be broken all the way down.
The chain is broken as soon as you pay your money. You lose, and that's it.
Ray, he's calling you slippery.
Yeah, he really is, uh, but I, I disagree. I totally disagree with it. Um, and, and there are— there are some people There are people that are that way, but first of all, can you get a hold of your sponsor? Can you email him? Can he answer your phone? You know, can he answer your questions? Is he competent with you? Can he do those prerequisites? Can he do that?
You can teach me how to answer my phone for $500.
Absolutely. Absolutely.
You know, so those are the things that you really have to look for. And really, what are the scams? The pyramids are the things that are designed where the creators are the only ones that are able to make money.
You're not concerned about being arrested or anything or doing anything illegal?
Not at all. No, not at all. But should he be? This is totally above board.
Do you even know what he's talking about?
I still don't know.
I don't have a clue. But Robert, you say don't do that.
