“If He Wants to Take the Fifth, Let Him Take the Fifth” – Trustee Bodenstein just ended Ryne Vitug in today’s 341

To recap today’s continued 341 meeting for everyone who couldn’t be there, let’s meet the cast real quick:

1. Joshua Greene – U.S. Trustee trial attorney out of Chicago. His whole job today was to pin Ryne to the wall about where the millions went, what he’s still hiding, and how this “investment” scam actually worked. Greene doesn’t play games.
2. Ira Bodenstein – the senior Subchapter V trustee running the show. This is the guy who swears Ryne in, rips through every page of paperwork, and smells BS from three zip codes away. Not the dude you want asking you questions when you’ve stolen $2.745 million from 335 people. Piss him off at your own peril.

Greene kicks it off by reminding Ryne he’s still under oath. Cute, like that ever mattered to this guy.

At the end of the last meeting Greene told Ryne to produce tax returns and a bunch of other docs. Classic Ryne move: he dumps them at 11:59 p.m. last night so nobody has time to read them. Transparency champion right there.

Then the fun starts.

Bodenstein zeroes in on the trust Ryne swore existed last meeting but magically doesn’t exist today. Which is it, hombre?

Doesn’t matter; Bodenstein’s already moved on to the tax returns—which show exactly zero of the victim money. Bodenstein: “So you collected tens of thousands (try millions, but new guy, we’ll educate him later) and never reported it to the IRS?” Ryne’s super high IQ answer: “They were just friendly favors.”

Bodenstein, not having it: “You’re telling me you took in tens of thousands and didn’t think it was income?” Ryne’s lawyer tries to object. Bodenstein shuts him down with the line of the year: “Objection for what? If he wants to take the fifth, let him take the fifth.”

I almost dropped my popcorn.

Bodenstein rephrases it yes-or-no simple. Ryne panics like a deer in headlights because yes = IRS tax fraud on top of everything else, and no = perjury right now on camera. So what does our legal genius do? He splits the baby in the dumbest way possible: “I didn’t consider it income.”

Bro… what?! You didn’t consider millions of dollars in “friendly favors” income, but your lawyer was just telling state Attorney Generals it was a legitimate business? Pick a lie and stick to it, man.

Even Bodenstein couldn’t let that “friendly favors” nonsense slide. He flat-out asked Ryne, “So your intention was never to make a profit?” Ryne: “No.” Lololololol. Okay, genius.

Then pray tell, Ryne, where’s the $2.745 million? You got paid for “services” you never delivered, claimed it wasn’t profit, and now it just… vanished? Cool story. We’ll all find out soon enough – subpoenas don’t care about your amnesia.

Bodenstein is now visibly over it. He asks Ryne when this little “non-profit side hustle” even started. Ryne’s answer? “I… don’t recall.” Bro, you’re like 40, not 90. Funny how the exact start date of your criminal empire just slips the mind when you’re under oath.

Then Bodenstein hits him with the money shot: “How much have you paid Adam Goodman’s office so far?” Take a wild guess what Ryne says… “I don’t know.” Not even a ballpark. Shocking.

So I piped up on the call and offered to help: “Hey, need a copy of the $100,000 check Ryne wrote his first lawyer, Donald Cosley? Came straight out of his mom’s account, by the way.” (The same mom who definitely never touched any victim money. Sure, Jan.)

$100k in legal fees for a “non-profit” hobby where he was just doing “friendly favors.” Makes total sense.

Oh, and remember last meeting when Ryne tried to clown one of the victims with “I didn’t know people still used checks”? Yeah… that $100k payment was a check. From his mommy. You can’t make this level of stupid up.

Finally, Bodenstein hits him with the obvious: “Do you have a job right now?” Ryne: “Not yet.”

Bodenstein blinks twice, then: “So… you’re telling me you’re gonna file a repayment plan by November 24th with zero income?” Ryne’s attorney jumps in: “That’s what we expect.” Translation from lawyer-speak: lol, no shot.

Bodenstein smells the BS from orbit: “How exactly do you plan to pay back $2.745 million when you’re unemployed and claim you never made a profit?” Attorney: “Objection – argumentative!” (Translation: “Objection – you’re using logic and we’re allergic to that.”)

Bodenstein doesn’t even flinch: “Fine. I guess we’ll all see this magical plan when you file it… or don’t. I’m not wasting any more breath. Moving on.”

Mic drop.

Ryne and his lawyer just painted a giant target on their backs for the next meeting. December’s gonna be spicy when that plan deadline hits and they show up empty-handed. Tick-tock, MF.

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**The website is not going away**

uick reality check for the two victims who emailed me begging to take the site down because it’s “hurting Ryne’s job prospects”:

He stole $2.745 million from over 335 people (that we know of). This website is literally the smallest consequence he’s facing.

If Google existing stops him from getting hired… too damn bad. That’s called accountability, not bullying.

Ryne had every chance to make this right. I personally warned him, gave him deadlines, and told him exactly what would happen if he kept stiffing everyone. He laughed, ignored me, and hit the “Find Out” button himself.

Truth is an absolute defense to defamation, and I’ve got receipts for days. So this site stays up, gets louder, and keeps dropping bombs until every single penny is back in victims’ hands and Ryne is exactly where he belongs – behind bars.

Don’t cry for him. The clown picked this fight.

Stay tuned, fam. The best is yet to come. 🔥