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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 ...
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.
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 ]
UPDATED: A cryptocurrency Ponzi scheme that pulled in an estimated $4 billion worldwide is getting the documentary treatment. Sky Germany, the U.K.’s Channel 4 and super-indie Fremantle are ...
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 ...
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 ...
The resulting scandal lead to multibillion-dollar losses and the arrest of Madoff, who was later sentenced to 150 years in prison. Lawyer Martin London, Mark Madoff's father-in-law, advises Bernie Madoff's sons to turn their father in to the authorities. Bernie Madoff admits to FBI agents that he had been operating a Ponzi scheme since the 1970s.
Subjects typically covered on the show focused on incidents and individuals from ancient history. However more modern events such as an overview of Charles Ponzi and his schemes and the Hell's Angels were also covered. Although new episodes are no longer being produced, re-runs of In Search of History are regularly shown on the History Channel.