# The Secret Business That Made Him Richer Than The Athletes He Managed

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Text version: https://stenobird.com/podcast/dropping-bombs-204039/the-secret-business-that-made-him-richer-than-the-athletes-he-managed.md
Podcast: [Dropping Bombs](https://stenobird.com/podcast/dropping-bombs-204039)
Published: 2026-08-02T16:59:00+00:00
Episode link: https://therealbradlea.libsyn.com/the-90m-fraud-that-financed-the-wolf-of-wall-street-insider-tells-all
Audio file: https://dts.podtrac.com/redirect.mp3/pscrb.fm/rss/p/traffic.libsyn.com/secure/therealbradlea/BL_VPDCST_DB-David-Sugarman-26-07.mp3?dest-id=540226
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JSON: https://stenobird.com/v1/public/podcasts/dropping-bombs-204039/episodes/the-secret-business-that-made-him-richer-than-the-athletes-he-managed
Duration seconds: 5844

## Resource

This episode was sponsored by Cardiff & Sugartime Inc. LightSpeed VT: https://www.lightspeedvt.com/ Dropping Bombs Podcast: https://www.droppingbombs.com/ Today's Dropping Bombs episode features David Sugarman, the former Wall Street vice president who talked his way into the NBA Players Association without a law degree and built a one-stop business empire for pro athletes under his "Sugar" persona. David breaks down signing New Edition with $900 to his name, then the fallout years later: a federal grand jury testimony against his best friend, Fugees co-founder Pras Michel, tied to fugitive financier Jho Low, Leonardo DiCaprio, and Obama campaign money — plus the jail stint and divorce that cost him everything. Wall Street, the Fugees, a fugitive financier, and a fall from grace — this episode has all of it, and somehow David is still standing. This one needs to be heard, not summarized. 🔗 Connect with David Instagram: https://www.instagram.com/iamdavidsugarman X: https://twitter.com/SugarmanSpeaks Facebook: https://www.facebook.com/iamdavidsugarman Website: https://iamdavidsugarman.com Company: https://sugartimeinc.com Watch the full-length video version of any Dropping Bombs episode here on YouTube . Brad Lea is a self-made entrepreneur who turned small-town grit into a multi-million-dollar empire. With over 25 years dominating sales and leadership, he's mentored thousands to outsmart, outwork, and out win their competition. His top-rated podcast, Dropping Bombs, brings raw, game-changing insights from the biggest names in business. LightSpeed VT is Brad's brainchild—the world's leading interactive training platform. It's built to make your team sharper, faster, and more effective, without wasting time or money. Whether you're a startup or a Fortune 500, LightSpeed V…

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