Once Upon a Con – Episode 9: "This Guy Has Eras"

Introduction

In Episode 9 of Once Upon a Con, titled "This Guy Has Eras," host Caroline D'Amore delves deeper into her harrowing experience with David Bloom, a notorious con artist previously dubbed the “Wall Street Whiz Kid.” This episode chronicles Caroline's journey from betrayal to seeking justice, highlighting the complexities of the legal system and the resilience of those affected by Bloom's schemes.

Recap of Previous Events

The episode begins with a brief recap of Caroline's initial encounter with David Bloom. As she states, “Together with a group of victims, I finally confront David Bloom” (02:24), Caroline sets the stage for the subsequent developments in their pursuit of justice.

David Bloom’s Arrest and Release

Caroline narrates Bloom's initial arrest followed by his unexpected release. “Bloom finally gets arrested, but then released,” she explains (02:36). This setback fuels the victims' determination to take further action beyond the District Attorney's office.

Taking Matters into Their Own Hands

Frustrated by the lack of progress, Caroline and other victims mobilize outside official channels. “Charge David Bloom. Charge David Bloom. Charge David Bloom,” they demand (02:51). Their persistence eventually leads to a significant breakthrough.

District Attorney’s Involvement

Five months after the initial confrontation, in August 2023, Caroline attends a pivotal press conference with Los Angeles District Attorney George Gascon. “We are filing a total of 18 felonies... David Blum... finally facing charges for his crimes,” Gascon announces (03:22). This marks a critical turning point in holding Bloom accountable for his actions.

Legal Proceedings and Challenges

Despite Bloom’s incarceration, the legal process remains sluggish. Caroline shares, “As of July 2024, almost a full year later, no trial date has been set” (05:33). The delay highlights the often painstakingly slow wheels of justice, a sentiment echoed by LA Times reporter James Quealy.

Insights from James Quealy

In an in-depth conversation, James Quealy provides valuable perspectives on the legal intricacies surrounding Bloom’s case:

• Initial Investigation Delays: Quealy recounts the challenges in getting the case moving, stating, “They said it got lost in the e-filing system... that's why I'm so, so grateful for the DA” (22:53).

• Plea Agreements: Discussing potential plea deals, Quealy explains, “A plea agreement normally would partially involve... they may say we'll only convict you for the grand theft as opposed to securities fraud” (12:20). He emphasizes the likelihood of Bloom avoiding a full trial due to the severity and number of charges.

• Courtroom Frustrations: Both Caroline and Quealy express frustration over the repetitive and mundane nature of court hearings. Quealy remarks, “I'm just tapping my foot, annoyed in the courthouse... that part is normal” (09:19).

Community and Victim Support

Caroline highlights the importance of community and victim support in her quest for justice. “Sometimes it just takes one person to say something, and then it gives a lot of other people the comfort to come out and say something as well” (31:36). Her courage in sharing her story inspires others to come forward, reinforcing the collective effort needed to combat fraud.

Current Status of David Bloom

As of the episode's release in April 2025, David Bloom remains incarcerated but awaits a trial date. Caroline remarks, “One thing Bloom's victims can take some solace in is that he isn't going anywhere. Well, not yet, anyway” (19:30). However, the absence of a trial date leaves victims uncertain about the final resolution.

Future Outlook

Caroline remains hopeful yet realistic about the ongoing struggle for justice. “I wanted this moment to be more than just about David Blum... a lesson for all scam artists” (04:19). She underscores the broader implications of Bloom’s case, aiming to deter future fraudsters through awareness and accountability.

Conclusion

Episode 9 of Once Upon a Con offers a compelling look into the prolonged battle against financial fraud and the personal toll it takes on victims. Through Caroline D'Amore’s relentless pursuit and insightful discussions with James Quealy, listeners gain an intimate understanding of the challenges faced in seeking justice against skilled con artists like David Bloom. The episode serves as both a cautionary tale and a testament to the strength and determination of those unwilling to be silenced.

Notable Quotes

• Caroline D'Amore: “But I want this moment to be more than just about David Blum. I want this moment to be a lesson for all scam artists...” (04:19)

• George Gascon (DA): “We are filing a total of 18 felonies... The man who stole so much from me and so many other victims is finally facing charges for his crimes.” (03:22)

• James Quealy: “Court is not like TV... it's a bunch of really boring, perfunctory hearings.” (09:19)

• Caroline D'Amore: “Sometimes it just takes one person to say something, and then it gives a lot of other people the comfort to come out and say something as well.” (31:36)

Key Takeaways

• Persistence is Crucial: Despite setbacks, Caroline and other victims demonstrate that perseverance can lead to significant legal actions against fraudsters.

• Legal System's Slow Pace: The episode underscores the frustrations of navigating a sluggish legal process, even in clear-cut cases of fraud.

• Community Support Matters: Sharing experiences empowers victims and strengthens collective efforts to seek justice.

• Education and Awareness: Highlighting Bloom’s methods serves as an educational tool to prevent future scams and protect potential victims.

Note: This summary excludes all advertisements, promotional segments, and non-content-related sections of the podcast transcript to focus solely on the narrative and discussions pertinent to Caroline D'Amore's pursuit of justice against David Bloom.