American Greed: Scams, Scoundrels and Scandals Season 11 Episode 4 Billionaire Boys Bust

In this episode of American Greed: Scams, Scoundrels and Scandals, we explore the story of the Billionaire Boys Club, a group of young men who were determined to make their fortunes through any means necessary. Led by their charismatic leader, Joe Hunt, the group engaged in a series of investment scams that left their victims out of pocket to the tune of millions of dollars.

The story begins in the 1980s, when Joe Hunt and his friend, Dean Karny, decided to create an exclusive investment club for young, wealthy men. The idea was to pool their money together and invest in high-risk ventures that would yield huge returns. The club quickly grew in popularity, attracting a number of wealthy young men from around the country.

However, as the investments became riskier and more uncertain, Hunt began to take extreme measures to keep the money flowing. He lied about the returns on the investments, created fake accounts to dupe investors, and even resorted to violence when investors began asking too many questions.

As the scam began to unravel, several investors became suspicious and began to demand their money back. Hunt and his associates responded by kidnapping and murdering one of the investors, Ron Levin. The murder sparked a massive investigation by law enforcement agencies, leading to the eventual arrest and conviction of Hunt and several of his associates.

The episode features interviews with key players in the case, including prosecutors, investigators, and some of the victims. We also get a glimpse into the mindset of Hunt and his associates, and the sociopathic tendencies that drove them to engage in such heinous crimes.

Overall, the episode provides a fascinating look into the world of high-stakes investment scams, and the devastating effects that greed and deception can have on those involved. It serves as a stark reminder of the importance of due diligence when it comes to investing, and the dangers of blindly trusting those who promise huge returns with no risk.