'American Greed: Biggest Cons': Release date, plot, trailer and all you need to know about the CNBC crime show
If in-depth reporting on multi-million dollar scams is something that excites you as a viewer and if you are interested in documentaries that take give you an up, close and personal look into the twisted crimes of masterminds, CNBC's 'American Greed: Biggest Cons' is the show for you. Here's all you need to know about it.
Release date
'American Greed: Biggest Cons' premieres on Monday, July 20, 2020, with new episodes airing every Monday at 10 pm ET.
Plot
According to the CNBC, "The limited series American Greed: Biggest Cons investigates the latest developments in our most shocking cases of Greed. The series goes beyond the courtroom to reveal surprising updates. From new plots to controversial plea bargains, to the prospect of dying behind prison walls. 'American Greed: Biggest Cons' never stops following the money."
Cast/Cases Investigated in this series
Rick Singer
William “Rick” Singer is known as the mastermind behind the sweeping college admissions scandal which implicated more than 50 wealthy and high-powered parents, 25 of whom have since pleaded guilty to related offenses. The scheme came to light in March 2019 and he was charged with multiple offenses, including racketeering conspiracy, money laundering conspiracy and conspiracy to defraud, court papers show. He later pleaded guilty and cooperated with the government’s investigation.
Jordan Belfort
Jordan Belfort is a former Wall Street trader who was guilty of crimes related to stock market manipulation. As the founder of Stratton Oakmont, the firm he ran when he was arrested, Belfort pleaded guilty to fraud, sentenced to four years in prison, but served 22 months before he was released. He wrote two memoirs 'The Wolf of Wall Street' and a self-help book 'Way of the Wolf' during his time in prison and the former also inspired the 2013 movie with the same title. Belfort is now suing the film's production company, Red Granite Pictures, and its co-founder Riza Aziz for $300 million.
Bernard Madoff
According to Britannica, Madoff is a hedge-fund investment manager and former chairman of the NASDAQ (National Association of Securities Dealers Automated Quotations) stock market. He was best known for operating history’s largest Ponzi scheme, a financial swindle, in which early investors are repaid with money acquired from later investors rather than from actual investment income.
Martin Shkreli
According to CNBC, convicted fraudster, Martin Shkreli is sentenced for securities fraud related to two hedge funds he ran and to his former drug company Retrophin. The notorious “pharma bro” gained infamy for raising the price of the drug Daraprim by more than 5,000 percent while running the company then known as Turing Pharmaceuticals.
John Bravata
According to Detroit Free Press, in 2013, John Bravata, a Brighton business owner, was convicted in federal court in Detroit in connection with the Billionaire Boys Club, also known as BBC Equities, a Ponzi scheme that defrauded more than 400 investors of about $50 million dollars. He was sentenced for 20 years for being the mastermind behind the scam and he was held accountable for 15 criminal charges, including 14 wire fraud counts.
Trailer
The 10-minute long sneak peek of the show gives you an account of all the cases that will feature on it. You can watch the sneak peek of the limited series by clicking on the button below.
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