From $700M to $90M: The Legal Collapse of the Sean Combs' Empire

Sean Combs once sat on a $700 million music empire. Today, after a federal trial that gripped the nation, that net worth has plummeted to an estimated $90 million, and the man known as Diddy is facing up to 20 years in prison. While the jury cleared him of the most high-profile racketeering and sex trafficking charges, they didn't let him walk. Today on Business Law 101, we’re looking at the two guilty counts that changed everything, the defense’s unusual strategy of silence, and why—30 years later—this is definitely not the O.J. Simpson trial.Thanks for joining me for this episode! I’m a Houston- based attorney, run an HR Consulting company called Claremont Management Group, and am a tenured professor at the University of St. Thomas. I’ve also written several non-fiction political commentary books: Bad Deal for America (2022) explores the Vegas-style corruption running rampant in Washington DC, while The Decline of America: 100 Years of Leadership Failures (2018) analyzes – and grades – the leadership qualities of the past 100 years of U.S. presidents. You can find my books on Amazon, and me on social media (Twitter @DSchein1, LinkedIn @DavidSchein, and Facebook, Instagram, & YouTube @AuthorDavidSchein). I’d love to hear from you!As always, the opinions expressed in this podcast are mine and my guests’ and not the opinions of my university, my company, or the businesses with which I am connected.