Steve Tan EXCLUSIVE: The Truth About the Luke Belmar Fallout.

Comments · 388

• BR

  @Brian697 · 10 months ago · pinned

  [<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=121">02:01</a>] Steve Tan shares his background, starting in e-commerce in 2006, his failures, and his successful return to drop shipping in 2016.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=485">08:05</a>] Steve explains how he first came into contact with Luke Belmar in June 2018.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=548">09:08</a>] He describes his first impressions of Luke as hungry, passionate, and a charismatic, smooth talker.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=601">10:01</a>] Steve details how Luke gained access to his high-level mastermind group as a &quot;scholar,&quot; paying nothing to attend.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=801">13:21</a>] He discusses how Luke earned his trust through &quot;love bombing&quot; and positioning himself as a brother.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=1014">16:54</a>] The discussion turns to the founding of Capital Club and the vision that sold Steve on the project.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=1144">19:04</a>] Steve identifies when the mission began to shift, correlating with Luke&apos;s rising fame and ego.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=1429">23:49</a>] Steve talks about the initial investments and red flags from his best friends after his brother&apos;s wedding.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=1800">30:00</a>] He describes the successful $4.2 million, 3-month launch of Capital Club in late 2023.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=2017">33:37</a>] A major conflict arose during the launch over a payment processor failure, which Luke allegedly blamed entirely on Steve.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=2319">38:39</a>] Steve pinpoints when he realized Luke&apos;s actions were calculated manipulation, particularly after Luke was heavily exposed online in May 2024.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=2621">43:41</a>] He recounts discovering that Luke was starting a competing business, Gem Hunters, while still partners in Capital Club.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=2814">46:54</a>] Steve explains the moment he decided he was &quot;done&quot; and wanted to leave the partnership, about a month after Luke&apos;s public exposure.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=2973">49:33</a>] He details the buyout negotiation process, where Luke flew to Malaysia and they shook hands on a deal.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=3286">54:46</a>] Steve describes the &quot;extremely painful&quot; feeling of being locked out of the very systems he had built from scratch.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=3368">56:08</a>] He shares when he realized Luke&apos;s public image didn&apos;t match his private behavior, citing verbal abuse towards his brother, wife, and father.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=3554">59:14</a>] Steve alleges that the biggest lie Luke has told is about his $40 million net worth.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=3806">01:03:26</a>] He provides a detailed breakdown of how the finalized buyout deal fell apart just three days before payment was due.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=4386">01:13:06</a>] Steve confirms the lawsuit was filed on September 11, 2025, and that Luke was dodging service.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=4450">01:14:10</a>] He reveals what triggered him to speak out publicly: seeing Luke preach about being a &quot;man of God,&quot; which he felt was a fake persona.<br>[<a href="https://www.youtube.com/watch?v=mwihozHpLpQ&amp;t=4823">01:20:23</a>] As a final thought, Steve explains how the entire ordeal, while painful, has made his relationship with his brother &quot;even tighter and stronger.&quot;

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• SE

  @SeyfShares · 10 months ago

  Steve Tan being 40 years old was the most shocking point of this conversation lol

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• CL

  @clipstoinspireyou · 10 months ago

  This feels like Steve was Luke&apos;s Sugar Daddy LMAOOO

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• IS

  @IslandhiphopTV · 10 months ago (edited)

  That’s so fucking wild man. Followed Belmar for ages and bought the script. I believe Steve and am converted. Wolf in sheep’s clothing

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• CA

  @carlomagner · 10 months ago

  All my support to Steve. I believed Luke for so long.. not anymore. We need to make this interview viral

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• IZ

  @izaribeiro8981 · 10 months ago

  Finally, someone that actually knows Luke knows the real him and exposing him

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• ST

  @stefdating · 10 months ago

  Steve Tan, you look like a good guy. Loyalty is hard to find. Hope you find peace soon

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• DE

  @denisebarrett6648 · 2 weeks ago (edited)

  I hear you so loud and clear. &nbsp;Thank you Steve Tan. &nbsp;You are inspiring me more than you know it! &nbsp;I have been down this road and lost a mentor last year and looking back was also my breakthrough to know-your true people!😊🙏🧚🏻‍♀️

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• LE

  @leonjankovic · 10 months ago

  I’ll never understand how some people can be so short-sighted. Having someone like Steven Tan as a business partner is one of the best things that can happen to an entrepreneur it’s like winning the lottery. Yet this guy Luke couldn’t see the value in that and chose greed over integrity.<br><br>For anyone who’s ever been in a partnership, you know how rare it is to find someone reliable, principled, and genuinely aligned in long-term vision. Seeing how Luke treated Steve is truly disheartening.<br><br>I just hope Steve doesn’t lose faith in people. The world still has entrepreneurs who deeply value character and collaboration.

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• IC

  @ICYouAllRight · 10 months ago

  I hope an army of clippers will spread this great podcast on all available channels. Steve has some great insights right here. The end speech was truly amazing. What a legend he is!

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• CA

  @Carsandolives · 10 months ago

  Steve is a legend.

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• SH

  @shaolindido · 10 months ago

  I &quot;know&quot; the Steve and Evan tan since 2016-17, they are the genuine e-commerce gurus, very exclusive from the beginning but i wish i could go back in time and attend one of their workshops !

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