Influencer who bought RadioShack accused of running $230 million Ponzi scheme
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February 10, 2026
The day after the SEC accused him of running a Ponzi scheme, Tai Lopez posted on X: "Never doom. No matter how horrible the situation, don't ever think you're doomed. Unless you are dead, all defeat is psychological."
Lopez — the social media guru famous for his 2015 "Here in My Garage" Lamborghini video — co-founded Retail Ecommerce Ventures in 2019 to acquire bankrupt brands like RadioShack, Pier 1, Dressbarn, and Modell's. — Read the rest
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