American Greed

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CNBC Premiered Jun 21, 2006 In Season

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Episode Guide

  • Season 7
    • Michael McCant is a former bank robber who says he's gone "legit" and is now making millions by promoting up-and-coming rap musicians. McCant solicits money from individual investors, promising 30% returns on investment in his concert promotion business. Some investors give McCant their entire nest eggs but learn the hard way that this former convict is too illegit to quit...his life of crime.moreless
    • The Lady Killer
      Episode 79
      7/25/13
      0.0
      A Florida man wins a $13 million Lottery payout and gives away much of it to strangers in need. After businesswoman Dee Dee Moore takes over his finances to protect his wealth, the millionaire disappears. Did she want to help him or help herself to Abraham Shakespeare's millions? Watch how the police hatch an outrageous undercover sting to catch "The Lady Killer."moreless
    • First, a New Age evangelist becomes a greedy, groovy, guru, telling investors that positive thinking can lead to positive returns. But this false prophet is returning nothing but false profits in her $113 million scam. Then...civilization is on the verge of collapse, Ronnie Gene Wilson tells his followers, and the only path to a secure future is investing in precious metals.moreless
    • A Brooklyn investment manager starts the longest running Ponzi scheme in history. Philip Barry runs his scam from Bay Ridge, a solid working-class neighborhood where families go back generations. Through local connections, Barry pulls more than 800 investors into a $40 million scheme by offering "guaranteed returns" on investments. He tells his story exclusively to AMERICAN GREED from prison. In suburban Chicago, Kevin Carney says he invents a stock trading computer program which delivers an incredible 20% return per month and investors line up to give him their money. It's a $19 million scam where investors are burned by Carney's fraud and their own unrealistic expectations.moreless
    • 5/23/13
      0.0
      Trevor Cook appears to be a local boy made good in Minneapolis, where he runs an investment fund called the Oxford Group. Along with three cohorts, Cook solicits an amazing $190 million from 700 U.S. investors, many of whom heard his message through a talk radio star. The investors think their money is going into securities, but they'll be shocked to see how Trevor and his boys blow their hard-earned savings...turning a historic mansion into a den of debauchery.moreless
    • Dealing in Deceit
      Episode 75
      5/16/13
      0.0
      San Francisco entrepreneur Samuel "Mouli" Cohen starts a fake Internet music company and takes in $31 million from celebrities, investors, and even a charity. He claims they will make a fortune when his company is sold to Microsoft. But there is no deal.
    • 4/18/13
      0.0
      Windy City Wipeout - In the North Shore of Chicago, business partners Jack Walsh and Charles Martin appear to be getting very rich running a foreign currency trading brokerage, One World Capital. Martin shamelessly flaunts his wealth on the streets of Winnetka, cruising by in a Ferrari, a Bentley, or an Escalade. And then there are the vanity projects: a film production company that invests in a Hollywood flop called "Breaking Point," and numerous junkets to celebrity charity events. But is the money really coming from savvy trades? In 2007, a routine audit reveals some "irregularities" in One World's accounting. . Miami Burn - Talk about a wolf in sheep's clothing. Juan Carlos Rodriguez appeared to be anything but slick or flashy. He ran a one-man CPA firm, working from a tiny one-story office in a gritty Miami neighborhood. He was apparently a regular guy who enjoyed Dolphins football games and hanging out with a group of friends who called themselves "The Dudes." How shocking, then, when the trusted tax advisor lured his best friends into an investment scheme that would bleed The Dudes dry and cause financial ruin.moreless
    • 4/11/13
      0.0
      Union Bu$ter - The Sandhogs Local 147, a New York City construction union, whose workers build tunnels and underground passageways, entrusts Melissa King for overseeing union benefits to ensure their retirements. Instead, King uses the workers funds to cut herself checks to the tune of $42 million. The union workers unwittingly foot the bill for King's household staff of maids, security guards and a personal chef. She racks up a $7 million American Express bill and buys her daughter's way into the high-end world of equestrian jumping - spending nearly $5 million on horses and horse-related expenses. The union finds out, but not before many of its members see their accounts reduced by $50,000 to $80,000 and are forced to return to the tunnels to continue working during their golden years. The Fool's Gold - Carl Estep is a smooth-talking ladies-man who looks for love and money, all to fund his phony gold scheme. The Montana conman spins tales of riches saying that he has hundreds of 55 gallon drums filled with 'gold concentrate' and all he needs is cash to pay for refining the gold ore to make millions. But the only thing in those drums is dirt. When one lovelorn retired investor, we call "Valerie," loses $220,000 to his scam she informs the FBI and wears a wire to so the feds can see him in action. "Valerie" who thought she met 'Mr. Right' and wanted that money to fund her retirement now finds herself back at work with her savings gone wanting revenge.moreless
    • Wild West Rip-Off
      Episode 72
      4/4/13
      0.0
      With a 30-year career in real estate, many thought broker Doug Vaughan was a man to be trusted. His charisma helped make him a fortune in New Mexico real estate. But it was all lies. He funded his luxurious lifestyle with $75 million of investors' money. When he ran out of investors and their money, investigators stepped in with undercover recorders and arrested him. Shockingly, he then went on TV in search of money to pay for his criminal defense.moreless
    • Deadly Payout
      Episode 71
      3/14/13
      0.0
      A trio of Texas conmen scores $100 million, telling investors there's big money in the "life settlement" insurance biz. They claim policy holders can cash out before they die and investors can double their money. When the fraudsters fail to pay returns and keep the money for themselves, it all comes crashing down, leaving investors' finances in critical condition.moreless
    • 3/7/13
      0.0
      Perry Griggs ran an investment fraud claiming to sell coffee futures when all he did was keep investors' money. He was convicted of securities fraud and sentenced to eight years in federal prison. While in prison, he starts yet another scam. This time, his victims are fellow prisoners and their families. After he is paroled, Griggs disappears. Will the Feds catch up with him for the second time?moreless
    • 2/28/13
      0.0
      Randy Treadwell, the son of a preacher, leaves the righteous path - claiming he's a financial wizard, but all he does is take investor money for himself and his crew. He uses his Southern charm to bilk believers out of nearly $65 million. He calls his scams legitimate sounding names like "Learn Waterhouse" and "The Wealth Builders Club" in which Treadwell promises huge returns for short-term investments. But when clients can't withdraw their money, complaints to law enforcement pile up. See how the FBI steps in with a hidden camera investigation to hear all of Treadwell's lies and bring him to justice.moreless
    • Shipwrecked
      Episode 68
      2/22/13
      0.0
      Michael Vorce spends lavishly on clothes and cars and leaves thousand-dollar tips at bars. He supposedly makes millions selling and buying luxury yachts, but questions soon float to the surface--where are the yachts? And where is all the money?
  • Season 6
  • Season 5
  • Season 4
  • Season 3
  • Season 2
  • Season 1
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