Convicted felon currently incarcerated for white collar theft: AMA

Shane Baldwin
Jan 10, 2018

Shane Baldwin #227742 currently at the Utah State prison wrote a book from solitary confinement. Titled, The Honest Lie, the book teaches the truth about how success principles can be leveraged for both good and bad.

The book is available now on Kickstarter, 


AMA about how I used these principles to garnish massive success, and how I misused them, broke my moral code, and ultimately ended up in prison.  

AMA about what I have learned, and my experience in prison.

AMA about how I plan to right my wrong.

Learn more about Shane and The Honest Lie at www.thehonestliebook.com 

*account managed by a third party on Shane's behalf. Answers will still come directly from Shane Baldwin via telephone. 

Shane Baldwin says:

This AMA will end Jan 17, 2018 6:30PM EST

Shane Baldwin says:

This AMA will end Jan 17, 2018 8:30PM EST

Comments are locked

Conversation (53)

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Shane you had a beautiful wife and lovely kid's. My question is: Why did you do such a bad thing? Did you learn anything from it? I hope you have a happy new year Shane. 

Jan 10, 6:08PM EST0

Lynzi, you're right  I did. I made a major mistake. At the time I was so caught up in business deals and my focus was on the wrong things. This put me in a position where I was willing to make compromises that ultimately yielded dier conseuquences. As a result I have learned to never put myself in situations that would allow me to lose my family. 

Jan 10, 8:29PM EST1
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Did you write the book by hand?

Jan 9, 5:52AM EST0

Michelle, yes I did. I was limited to pads of legal paper and a two inch golf pencil. It came out to 200+ handwritten pages front and back. The photos above feature pages of the original manuscript. I did not have access to any other resources (books, the internet, even other people). I make a disclaimer that many of the stories and things I share are from memory.

Jan 9, 1:45PM EST0

What was your biggest success?

Jan 9, 3:52AM EST0

Yana, in business it was a transaction called Centenial. I bought the note for 8.9 million and sold it four months later for 15.6 million.  In life, my greatest success is my chidlren. 

Jan 9, 4:23PM EST0

Wow, that's really something, that sort of dealmaking. Maybe one day,..

Jan 10, 9:59PM EST0

Who did you share the book with first? What were their thoughts?

Jan 9, 3:49AM EST0

Matteomessaggi, the first person who read the entire original manuscript was the daughter of my current cell mate. She liked it enough that she is acutally the one typing this response while I am on the phone. ;)

Hi Matteomessagi, my name is Brittney. I was so impressed by what Shane wrote that I am making a huge effort to get it into the hands of as many people as possible. I think it can have a really positive impact on a lot of people.

Jan 9, 8:32PM EST0
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My question is whether you have regret about the lives that you ruined.  Do you regret the fact that in some cases you took money from people that was their life savings.  

Jan 8, 3:15PM EST0

Hi Mark. I certainly regret anything that I did to negatively impact other's lives. If I could go back in time and change things, I would. Because I can't do that, I have written a book and the proceeds will go to anyone who has lost money because of my actions. So while I can't change the past, I can certainly affect the future. 

Jan 8, 4:39PM EST0

For those wondering why Mr. Baldwin is in prison you can read my posts about him and his fraud scheme here:  http://rqn.com/blog/utahsecuritiesfraud/tag/shane-baldwin/#.WlPPTFWnGUk

Jan 8, 3:06PM EST0

How long are you in prison for? Did you write before that or this is your first book?

Jan 8, 2:30PM EST0

MACKEBA950, I have been incarcerated since 2015 and have a rehearing approximately two years from now.  At that time, I will know whether I will be released or if I will serve more time. I am doing everything I can possibily do to right my wrong and increase my chances of release. This is my first book. I wrote in a journal before this, and even when I first started writing in prison it was only for me. It helped to change my perspective and pull me out of the darkest place I had ever been in my life. I never thought anyone else would read it. I later met the daughter of one of my cell mates who took an interest in the material and thought it had the potential to help a lot of people. 

Jan 8, 4:46PM EST1
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What did being in prison teach you so far?

Jan 8, 1:54PM EST0

TIMKNOWS1, the greatest thing that prison has taught me is how to appreciate the small things we take for granted every day. Things like a normal sized toothbrush, being able to get in your car and go wherever you want to go, sleeping in a comfortable bed, and hugging the peopel you love. It has also helped me explore emotions that I had never previously paid attention to. Emotions like sadness, depression, and anxiety. I have felt things I never would have felt if not for this experience and I think because of it I will be able to help others. Lastly, it has helped me be far less judgemental towards others and the choices they make in their lives.

Jan 8, 4:48PM EST0
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How is your family reacting to this? What do they think about your book?

Jan 8, 8:37AM EST0

MARICAR_ROYO, my family has been 100% supportive the entire time I have been incarcerated. Because of that, it gave me hope. My family loves the book and thinks it can help a lot of people. Many of the things I talk about in the book are  things my dad taught me.  

Jan 8, 4:52PM EST0

What can be improved in prisons in the US from your experience?

Jan 8, 8:36AM EST0

LIZ, this is a really good question. There are many things that can be improved. One of the things that absolutley needs to be addressed is inmate's access to the right kinds of education and programming. At the Utah State Prison specifically, there is a 70% recitivism rate. This means that more than half of these guys come back after they have been released. The programming that the inmates take is not teaching them the skills and principles they need to know to come back into the world and live productive lives. If the men here were learning the principles that I learned in my life and share in my book, I think this rate would drop significantly. If you look at how countries like Norway handle their prisons, you will see it is far different than how things are handled here. I think there is a lot that the Unites States can learn.

Jan 8, 4:56PM EST0
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What would you do differently if you could go back in time?

Jan 8, 7:24AM EST0

B.CODRUT, if I could go back in time I would have stuck to my original business model and never deviated from that. I would have taken far less money from investors and used more of my own money. I wouldn't have borrowed as much money as I borrowed or done as many deals as I did. I would have stuck with deals in the $5-10 million dollar range instead of chasing deals in the  $30-40 million dollar range. Ultimately, I would maintain absolute honesty and integrity in everything I did. I address this question more in my book. 

Jan 8, 4:58PM EST0

What exactly are you in prison for?

Jan 8, 5:50AM EST0

ARJETAMULLATAHIRI, I am in prison for securities fraud. I failed to divulge certain things about an investment that may or may not have caused the investor to invest. 

Jan 8, 5:00PM EST0
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Is the main aim of the book to tell your story and for people to learn from it or is it more personal, so you feel better about telling the truth or both?

Jan 7, 10:02PM EST0

ADRIAN, originally I wrote the book for me. I did this to remind myself of the principles I knew had worked and brought me success, and how I had strayed from them along the way. When the daughter of one of my cell mates read what I had written, she felt strongly that it would be able to help a lot of people. She decided to tell my story from her perspective and what she has learned from knowing people in prison, because she felt it would provide an outlook that people could learn from and use to improve their own lives.  So, simply answered, both.

Jan 8, 5:04PM EST0

Do you believe getting caught is what made you realize what you were doing is wrong? Do you think if you were not in prison now you would be doing the same?

Jan 7, 9:48PM EST0

KIMBERLY, In 2011 I realzied I was out of control. I slowed down and decided to quit doing those kinds of deals. It was at that time, I recognized I had made some serious mistakes and didn't want to dig the hole any deeper. It wasn't until 2012 that I was investigated by the FBI.  In 2015 I was prosecuted in the state of Utah. Even though I had stopped doing these deals prior to the investigation, my past choices were poor enough to affect my future in a very big way. Any business I do in the future will never involve investors or real estate, as to never put myself in a similar situation. 

Jan 8, 5:10PM EST0
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What is the first thing you will do when you come out?
Jan 7, 9:24PM EST0

GORGETTE, hug my family, kids, and friends and then go find some normal food and clothes. :)

Jan 8, 5:11PM EST0
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