Photo Illustration by Erin O’Flynn/The Daily Beast/Stevebidmead/Wikimedia Commons and Courtesy of Chernack
From the outside, Tyler Gallagher had it all: a $3.5 million house in the Hollywood Hills, two cars, a gorgeous wife, a flourishing business, and one of the hottest esports teams in the country.
A high-school dropout who lived in a homeless shelter at age 16, Gallagher told anyone who would listen about how he took $5,000 and turned it into a successful company investing his clients’ retirement accounts in precious metals. Within a decade, he claimed to have done nearly a billion dollars in investments and boasted celebrity clients including Laura Ingraham and Lars Larson.
His company, Regal Assets, earned top ratings on review sites, and Gallagher himself was a cited expert, publishing articles online for Forbes and Rolling Stone. Inc. magazine rated his company one of the fastest growing in the country—an honor previously bestowed on the likes of Microsoft and Jamba Juice. According to its website, the company had offices in Los Angeles, London, and Dubai, and was the first company to get licensed to sell cryptocurrency in the Middle East.
Got a tip? Send it to The Daily Beast here