Matthew Cox | Inside True Crime Podcast

Unfiltered Truth About How He Made Millions | Stocks, Credit Cards & Grass

Dec 15, 2025
Bob details his adventurous journey from teenage marijuana smuggling to navigating Wall Street's dot-com bubble. He shares wild tales of international smuggling operations, close calls with law enforcement, and the clever ways he moved cash undetected. Transitioning from crime to cannabis, he discusses the impact of legalization on his business, innovative strategies for THCA sales, and the potential therapeutic benefits of cannabinoids. With a mix of entrepreneurial spirit and caution, Bob reflects on his evolving ventures in an ever-changing legal landscape.
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ANECDOTE

From Small Roles To Massive Smuggles

  • Bob described participating in a 40,000-pound Thai smuggle involving helicopters, hidden compartments and multi-truck distribution.
  • He positioned himself as a small cog, avoiding becoming a visible 'Ferrari, guns and hookers' type to reduce risk.
ANECDOTE

Brokerage Boom Turned Bust

  • Bob pivoted into Wall Street, became a broker, and rode the dot-com IPO boom handling restricted stock and margin loans.
  • After the bubble burst he lost fortunes, faced arbitration, and had a $12M loan forgiven but wound up essentially broke.
INSIGHT

Online Card Processing Created Risk Arbitrage

  • Online merchants initially assumed full chargeback risk while card networks protected in-person transactions.
  • That risk created an arbitrage for offshore processors who could handle high-risk merchants like gambling sites.
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