Video Essay: Real Estate Agent Lost Millions

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Uploaded by on Jul 31, 2009

Carlos Justo is $20 million in debt. He is five months into a massive bankruptcy filing, and the IRS is after him for $6 million, but he is plotting his comeback. Photojournalist Lynne Skadky explains in this video essay. (July 31)

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News & Politics

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  • likes, 12 dislikes

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  • Only in America can a broke guy be riding in a chauffeured Landrover! I'd stay away from this guy.

  • How pathetic ... this guy loves to hear himself talk ... this spiritual crap that he is talking gives a bad name to those really practicing the religion, This guy is a baffoon and actually believes his own manipulations and lies ... ahhh residential real estate it can even give the most simple-ist immigrant an image or cultural acceptance, celebrity, affluence. legitimacy UNTIL the market crashes and he spent his money like freakin Tony Montana... hopefully through loss he will develope humility

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  • Carlos you are nothing but a GAY ASS PIECE OF SHIT ,,,,,, You remind me of TONY MONTANA ...... be Humble ,,, don't forget where you came from ,,,, all you CUBANS ARE THE SAME GARBAGE ,,, in Cuba you CUBANS had NOTHINGGGGGGG and now that you guys are in US , you GUYS THINK THAT Y'all are BETTER THAN THE WORLD cause you have money ......

  • People fail to understand that the real estate game is one of the fastest ways to get rich ! There are people who sell million dollar homes & condos and make high six figure commissions monthly. Imagine receiving a check for $500k and getting one for $300k the next month etc. While the working man works for less than $4k a month

  • Thanks for this insight Carlos...the Lord made you realize your mistakes, learn from them, and strive for better in all you do. Blessings and wish me luck im also starting in my new career as an RE agent here in Miami area. Great things will come!!Patience my friend! Stick to what you know best!

    Francisco

  • Bankruptcy really helps the soul, to introspect and becaome less egotisitical, if you are an asshole i would strongly recommend blowing all your money and becoming bankrupt, dont worry a large serving of humble pie will keep you grounded

  • Carlos is a great person who knows how to weather a storm - with elegance, dignity, and common sense - all you detractors take note - this man will surley rise to the top again - many people counted Martha Stewart and Donald Trump out when they had there probblems - real estate droping is not Carlos problem alone - it is the heartache of us all -thousand lost there homes and thousands more will - but with drive and spirit like Carlos they too shall rise - Bravo Carlos - DO YOU - f the detractors

  • wow what an ego.

  • he will be back,

  • Look like he's doing just fine with that Range Rover. Cry me a river....

  • What a douchebag. And then he still has a driver and overpriced house.And now he is raping Buddhism in an attempt to peddle one of those late night real estate can make you rich programs.

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