Podcast host Joe Rogan and billionaire entrepreneur Elon Musk recently discussed the potential for large-scale fraud within powerful organizations, suggesting that systemic corruption could enable what Musk described as “the biggest scam of all time.”
During an episode of The Joe Rogan Experience, the two explored how individuals with deep knowledge of bureaucratic systems could manipulate them over time, potentially orchestrating a trillion-dollar fraud through non-governmental organizations (NGOs) and agencies like USAID.
Rogan laid out a scenario in which someone embedded within a major organization for decades could exploit their insider knowledge to funnel money through fraudulent channels.
Elon Musk Called This Financial News ‘Terrifying’
“Here’s another way to look at this. Imagine if there are people like you and the Doge team out there in the world. Imagine if one of those works for an organization like USAID, or any other organization, and has this understanding of how much fery is involved, but they have evil intentions, and they’re entwined in this system for decades and decades, and they’ve built a career and all the entanglements that come with it, and they start moving s** around,”** Rogan said.
He continued, outlining how such a scheme could involve collaboration with outside actors.
“If you were a career person who was in there forever, who knew how everything works, and you were very clever, you could make some s* happen. And you could probably do it in conjunction with some people that you know that are forming an NGO. Hey, let’s all work together. And this is the resistance that you’re facing.”**
Musk agreed with Rogan’s assessment, describing the hypothetical fraud as unparalleled in history.
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“I think it’s the biggest scam of all time. Like, the biggest scam of all time, ever.”
Rogan reacted to Musk’s statement with agreement.
“Of human history, wow. I think you’re right.”
Musk emphasized the sheer scale of what they were discussing, highlighting the unprecedented nature of such an operation.
“A trillion-dollar scam. There’s never been a trillion-dollar scam.”
The Trillion Dollar Scam pic.twitter.com/UYJ5z1HrLU
— DOGE NEWS- Department of Government Efficiency (@realdogeusa) March 1, 2025
Their conversation underscored concerns about the complexities of bureaucratic systems and the potential for entrenched corruption within powerful institutions.
While neither named specific individuals or organizations beyond USAID and NGOs in general, the discussion implied skepticism toward unaccountable financial flows and systemic vulnerabilities.
With Musk’s comments suggesting that such fraud could reach a scale never before seen, the conversation raises questions about how corruption within government-linked organizations might evade detection and accountability.
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