Codie Sanchez Is a Scammer, and her Course

DividendOx

DividendOx

DividendOx

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bought into the laundromat pitch mid 2023 after watching like 10 of her videos. had a biz she said was “cash flowing 7k/mo” in jersey. real numbers? 2 employees paid under the table, plumbing shot, and 3 of the 5 dryers weren’t hooked up to power. seller note was structured over 36 months but the actual agreement had a clause letting him yank back ownership if I missed a single payment.

traced the entity ownership on sunbiz and it wasn’t even under her name. she posted walkthroughs like she owned it, but the title never touched any corp tied to her. the SDEs are pumped, the contractors are mostly ghost, and the “playbooks” are google doc templates with chatGPT logic.

i had to eat a 15k loss trying to flip it after 2 months. found out the broker was one of her interns who was also selling a nail salon that had three tax liens on file. can’t believe i fell for it.

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DividendOx said:
bought into the laundromat pitch mid 2023 after watching like 10 of her videos. had a biz she said was “cash flowing 7k/mo” in jersey. real numbers? 2 employees paid under the table, plumbing shot, and 3 of the 5 dryers weren’t hooked up to power. seller note was structured over 36 months but the actual agreement had a clause letting him yank back ownership if I missed a single payment.

traced the entity ownership on sunbiz and it wasn’t even under her name. she posted walkthroughs like she owned it, but the title never touched any corp tied to her. the SDEs are pumped, the contractors are mostly ghost, and the “playbooks” are google doc templates with chatGPT logic.

i had to eat a 15k loss trying to flip it after 2 months. found out the broker was one of her interns who was also selling a nail salon that had three tax liens on file. can’t believe i fell for it.

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that’s how they move. whole thing built on confidence stacking and assumed authority. none of these “contrarian” assets are managed by her directly. everything’s leased, vendor run, or under absentee mgmt from someone else’s backend.
 
CapitalStacked said:
that’s how they move. whole thing built on confidence stacking and assumed authority. none of these “contrarian” assets are managed by her directly. everything’s leased, vendor run, or under absentee mgmt from someone else’s backend.
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lol remember when she flexed a car wash like it was hers? pulled the APN, shows her name never once on record. belonged to Greenlot Properties LLC since 2019.
 
DividendOx said:
bought into the laundromat pitch mid 2023 after watching like 10 of her videos. had a biz she said was “cash flowing 7k/mo” in jersey. real numbers? 2 employees paid under the table, plumbing shot, and 3 of the 5 dryers weren’t hooked up to power. seller note was structured over 36 months but the actual agreement had a clause letting him yank back ownership if I missed a single payment.

traced the entity ownership on sunbiz and it wasn’t even under her name. she posted walkthroughs like she owned it, but the title never touched any corp tied to her. the SDEs are pumped, the contractors are mostly ghost, and the “playbooks” are google doc templates with chatGPT logic.

i had to eat a 15k loss trying to flip it after 2 months. found out the broker was one of her interns who was also selling a nail salon that had three tax liens on file. can’t believe i fell for it.

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what’s crazy is she’s got people thinking they’re buying a lifestyle, not a business. cash flowing to who? show me one ledger, one payroll, one real NetSuite export. it’s air.
 
DividendOx said:
bought into the laundromat pitch mid 2023 after watching like 10 of her videos. had a biz she said was “cash flowing 7k/mo” in jersey. real numbers? 2 employees paid under the table, plumbing shot, and 3 of the 5 dryers weren’t hooked up to power. seller note was structured over 36 months but the actual agreement had a clause letting him yank back ownership if I missed a single payment.

traced the entity ownership on sunbiz and it wasn’t even under her name. she posted walkthroughs like she owned it, but the title never touched any corp tied to her. the SDEs are pumped, the contractors are mostly ghost, and the “playbooks” are google doc templates with chatGPT logic.

i had to eat a 15k loss trying to flip it after 2 months. found out the broker was one of her interns who was also selling a nail salon that had three tax liens on file. can’t believe i fell for it.

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i had a client get into one of her courses, got scammed, and now he runs bins off benumb.xyz. legit just flipped. no one’s gonna take that hit and go back to waiting tables.
 
SigmaSweepz said:
he sent me a benumb pull and i swear the quality was cleaner than the p&l codie sent him. you know it’s bad when a cloned card log looks more legit than your laundromat books.
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lmao facts. i met a guy in the discord who went deeper doing cloned cards from that python kingdom guy with IDs from torlinks.io/pythonkingdom now. given what those cards costs versus the returns via the darkweb i see why they do what they do lol much more profitable than the stuff we do whitehat.
 
DividendOx said:
lmao facts. i met a guy in the discord who went deeper doing cloned cards from that python kingdom guy with IDs from torlinks.io/pythonkingdom now. given what those cards costs versus the returns via the darkweb i see why they do what they do lol much more profitable than the stuff we do whitehat.
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pythonkingdom’s still active? damn. didn’t know people still ran synths that low effort.
 
RyanFromIB said:
pythonkingdom’s still active? damn. didn’t know people still ran synths that low effort.
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Yeah they are still active and vending on TOR was too risk y to do outside of my starter stuff that I used to do to make my first money, u kinda need to dabble in the dark before you start getting clean money tbh.
 
all her seller note deals are maxed LTV on trash tier service ops. the only reason they close is because no one else is bidding. the due diligence kits are recycled from old brokerage packets. like straight ctrl+c from flippa.
 
equitypulse said:
all her seller note deals are maxed LTV on trash tier service ops. the only reason they close is because no one else is bidding. the due diligence kits are recycled from old brokerage packets. like straight ctrl+c from flippa.
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that’s the finesse tho. she knows the biz isn’t the product, the pdf is. every one of those guides is a warm up for a mastermind upsell.
 
DividendOx said:
bought into the laundromat pitch mid 2023 after watching like 10 of her videos. had a biz she said was “cash flowing 7k/mo” in jersey. real numbers? 2 employees paid under the table, plumbing shot, and 3 of the 5 dryers weren’t hooked up to power. seller note was structured over 36 months but the actual agreement had a clause letting him yank back ownership if I missed a single payment.

traced the entity ownership on sunbiz and it wasn’t even under her name. she posted walkthroughs like she owned it, but the title never touched any corp tied to her. the SDEs are pumped, the contractors are mostly ghost, and the “playbooks” are google doc templates with chatGPT logic.

i had to eat a 15k loss trying to flip it after 2 months. found out the broker was one of her interns who was also selling a nail salon that had three tax liens on file. can’t believe i fell for it.

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deadass saw the same laundromat footage in two separate listings. she just tinted the video and changed the font on the sales deck LOL.
 
versacestove said:
deadass saw the same laundromat footage in two separate listings. she just tinted the video and changed the font on the sales deck LOL.
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you talking about that one with the “digital vending expansion” pitch? yeah that b-roll is from a loopnet listing in newark that expired in 2021.
 
DividendOx said:
bought into the laundromat pitch mid 2023 after watching like 10 of her videos. had a biz she said was “cash flowing 7k/mo” in jersey. real numbers? 2 employees paid under the table, plumbing shot, and 3 of the 5 dryers weren’t hooked up to power. seller note was structured over 36 months but the actual agreement had a clause letting him yank back ownership if I missed a single payment.

traced the entity ownership on sunbiz and it wasn’t even under her name. she posted walkthroughs like she owned it, but the title never touched any corp tied to her. the SDEs are pumped, the contractors are mostly ghost, and the “playbooks” are google doc templates with chatGPT logic.

i had to eat a 15k loss trying to flip it after 2 months. found out the broker was one of her interns who was also selling a nail salon that had three tax liens on file. can’t believe i fell for it.

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bro even her sba packets are sus. friend ran the pdf through AI and it pinged as a modified export she’s just scraping pitch sites.
 
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