The TRUTH REVEALED About Dan Bilzerian & Ignite Fraud!

The TRUTH REVEALED About Dan Bilzerian & Ignite Fraud!

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Ignite Employees Reveal The Truth About Dan Bilzerian

Who is Dan Bilzerian?
 
Bilzerian was born on December 7, 1980 in Tampa, Florida, the son of corporate takeover specialist Paul Bilzerian and Terri Steffen. He is the brother of fellow poker player Adam Bilzerian. He is of Armenian descent through his father. His father was a corporate raider on Wall Street who set up trust funds for both of his sons to live on. Bilzerian claims to have subsequently enrolled at the University of Florida and studied there for four years, majoring in Business and Criminology, but it is unclear if he ever graduated.
Bilzerian played in the 2008 World Series of Poker Main Event, finishing in 180th place. In 2010, he was voted one of the funniest poker players on Twitter by Bluff magazine. In November 2011, Bilzerian was one of those sued over debt of honor winnings they had been paid in no-contract poker games by Tobey Maguire.
 
That same year, Bilzerian defended Alex Rodriguez publicly against accusations that he had gambled illegally, claiming that he was present when the alleged gambling event had taken place and Rodriguez was not present. In November 2013, Bilzerian posted an unconfirmed claim that he won $10.8 million from a single night of playing poker, and in 2014 he claimed to have won $50 million throughout the year, adding that he "doesn't play against professionals anymore and the most he's ever lost in a single session is $3.6 million." Bilzerian has featured on Joe Rogan's podcast on social media platform Youtube explaining the run up to his poker career. Bilzerian’s Los Angeles house, for example, has a monthly rent of $200,000. The house, along with the parties, boats, and models are charged to Ignite International Ltd., a company that Bilzerian helped develop.
 
According to TMZ, some of these funds included a $60K ‘Star Wars’ gun set, a $50K bed frame, and a $75K paintball field.Besides the fact that these are the dream purchases of a 12-year-old, there is nothing fundamentally wrong with buying these items. That is unless you made them with the company’s credit card. According to Forbes, Ignite managed to lose a staggering $50 million in 2019.
 
A pot company?
Poker player and internet personality Dan Bilzerian could end up seeing his company, Ignite, go bankrupt in the next two weeks. Dan Bilzerian’s new pot company may soon go up in smoke.
The latest venture from the hard-partying, self-proclaimed “King of Instagram” — Ignite International, which sells a smorgasbord of weed-related products — burned through $50 million last year. Ignite lost $43 million on expenses related to marketing and promotion as well as office leases alone, according to its annual filing first reported on by Forbes. Dan Bilzerian, aka 'The King of Instagram', is the CEO and founder of Ignite International Brands etc. which specializes in electronic cigarettes, cannabis and several other products. Over the course of the last few months, worrisome reports have surfaced which hint at the company being hit by major financial issues and according to a report by Forbes, Dan Bilzerian's Ignite lost a whopping $50 million last year. Indeed, Ignite appears to have footed the bill for Bilzerian’s gun-toting, private jet-flying playboy lifestyle, paying him a salary as well as the travel expenses of other companies he owns. Dan Bilzerian, however, seems to be dismissive of such rumors, courtesy of his recent tweet in which he cited the example of Uber to draw a parallel and counter bankruptcy rumors about Ignite. Despite his dismissiveness, things don't seem to be looking up for the former US Navy SEALS trainee-turned-venture capitalist as Ignite continues its steep fall from grace.
 
Ignite
The company Ignite International Brands Ltd. which sells electronic cigarettes is been run by Bilzerian, CBD oils, water bottles and vodka, among other products. Ignite is a public company, headquartered in Toronto, Canada, that began trading in January 2019 under the BILZF ticker.

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