Sir Allen Stanford was once one of the richest men in America. He lived and loved the high life - cruising around the world on private jets and helicopters and bouncing between multiple mansions. He even bought his own island for $63 million. But it was all based on lies. His company, The Stanford Financial Group, made its name selling what’s usually a safe bet for investors – certificates of deposits. He claimed the CDs came from his offshore bank on the island of Antigua, and because of that, the company offered return rates higher than those in the U.S. When the lies grew too big and his money supply dried out – he was convicted of running an international $7 billion Ponzi scheme, and is serving a 110-year sentence in federal prison. He left a trail of some 20,000 burned investors, many of whom now live in financial ruin.
Shawn Merriman was a bishop in the Mormon Church, a family man and the head of a thriving investment business pulling in millions. But unknown to investors, Merriman was living a lie and ripping off his neighbors, friends…even his own mother. American Greed takes you inside a multi-million dollar con!
It’s one of the biggest cases of insider trading in history. Raj Rajaratnam had it all…a wildly successful hedge fund, billions in the bank and the respect of Wall Street. But behind closed doors, Rajaratnam was gaming the system to the tune of $75 million-dollars! American Greed takes you inside a trading scandal.
Nevin Shapiro is the conman at the center of a college football scandal. He kicked off the controversy with stunning stories of gifts to players and allegations of broken NCAA rules. Who is this man who jeopardized the future of the University of Miami’s football team and how did he steal the millions that made it all possible? American Greed profiles a case of major league fraud!
Kenneth Ira Starr is a money manager. He courts celebrity clients…Sylvester Stallone, Uma Thurman and Wesley Snipes. But Starr doesn’t stop there. He steals $30 million to buy his way onto Hollywood’s A-list and live a life of luxury … all in the name of love. American Greed has the story of the money manager, the stripper and a multi-million dollar ponzi scheme.