MovieChat Forums > Empire (2002) Discussion > What scam was Jack involved in?

What scam was Jack involved in?


I couldn't recall they said in the movie what type of get rich quick scheme Jack was involved in. He just asked John Leguizamo's character for some money to invest, then all of a sudden he gets some profits plus the initial investment. Do you think Jack gave away some of his money just to be credible? Any ideas?

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Jack was already rich. He was an investment banker, so basically he was in a scheme to get more money.

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I assume Jack was an expert con artist. So he was sure that Vic wouldnt cash the cheque coz he'd give it right back to Jack as soon as he heard about the new (bigger) deal that Jack was working on.

If Vic had made a move to cash the cheque (and bear in mind that he had no bank account, and Jack knew this), then Jack would have had to close the operation down and run (coz the cheque was fake).

He'd have still got away with almost a million dollars, but felt sure he could turn it into more. Offering the cheque for 2 million just made Vic trust him even more.

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It's a possibly ponzi-type scheme. People give money to invest and only get returns when there are new investors but in the end, only the conman gets the money--and caught. All the investors become victims and may get their money in a judgment but rarely get nickels to the dollars. I'm going to pay better attention and see if I notice or hear something I hadn't before... you got my curiosity going.

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