A Master Conman in His Own Words

一位大盗自述

The Journal.

2026-07-14

29 分钟
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Over the phone, Paul Regan offered prospective clients something that sounded too good to be true: investments with guaranteed returns of 10-15%. It was all part of a multimillion-dollar Ponzi scheme. WSJ’s Jason Zweig obtained hours of recorded phone calls, in which Regan seduced his victims, who were often older and needed help. Ryan Knutson hosts. Further Listening: - An Influencer’s False Promise to Make His Followers Rich  - Pig Butchering: A Texting Scam With a Crypto Twist Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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  • My name is Paul Regan.

  • I'm the CEO and founder of Next Level Holdings.

  • How are you?

  • This is the voice of Paul Regan.

  • Paul Regan, chairman and co-founder of Yield Bank.

  • How are you?

  • Regan ran two investment firms, and he spent a lot of time on the phone pitching prospective clients.

  • Regan with Next Level Holdings.

  • How are you?

  • Hello?

  • Yes, good morning.

  • My name is Paul Regan with Next Level Holdings.

  • How are you?

  • I'm good.

  • Good.

  • So we have a call book today to go over your retirement income protection.

  • What is he trying to get these people to do?

  • Trust him.

  • I'm here to see if I can clear up any questions you have, answer any questions you have,

  • and give you comfort, explain the product.