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Some of the episodes profile two of these cases in a single episode. The show has been on the air since June 21, 2007, and was renewed for its 15th season, which started airing in January 2022. Stacy Keach is the narrator for the series.
American Greed (also known as American Greed: Scams, Scoundrels and Scandals and as American Greed: Scams, Schemes and Broken Dreams) is an American documentary television series on CNBC. [ 1 ] [ 2 ] The series focuses on cases of Ponzi schemes , embezzlement and other white collar crimes and features interviews with police investigators, fraud ...
The Madoff investment scandal was a fraud scheme perpetrated by Bernie Madoff, a former stockbroker, investment advisor, and financier. He is the former non-executive chairman of the NASDAQ stock market [1] and the admitted operator of a Ponzi scheme that is considered the largest financial fraud in U.S. history. [2]
Madoff pled guilty in 2009 to 11 felonies, and admitted he used his wealth management business to create a massive Ponzi scheme which enriched himself, his family and others. Madoff was sentenced ...
A South Florida woman is being sentenced to 20 years for leading a $190.7M Ponzi scheme — victims were ‘blindsided’ and ‘devastated.’ Here’s how it worked and how to spot similar scams.
In the final episode, we hear how employees on the 17th floor were rewarded, and we see Madoff's $65 billion Ponzi scheme quickly collapses as investors begin to withdraw their money during the 2007–2008 financial crisis. We see how Madoff's sons attempt to stop their father from writing bonus cheques for long-time investors, faithful ...
The CNBC program American Greed, narrated by Stacy Keach Jr., describes, in episode #18 titled "Lou Pearlman: Boy Band Bandit", the massive fraud and Ponzi scheme, victim outrage at the federal offer to reduce Pearlman's sentence, and his proposed "Jailhouse Rock" (gag) reality series, and it also discusses the issue of sex with underage boys.
Fun fact: While out on bail, Ponzi shaved his head, grew a mustache and tried to flee the U.S. on a merchant ship bound for Italy. 3. The Scandal: Teapot Dome The players: Warren Harding, Albert B ...