American Greed: Scams, Scoundrels and Scandals Season 11 Episode 6

American Greed: Scams, Scoundrels and Scandals Season 11 Episode 6 Sticky Fingers / Life in the Fraud Lane

  • March 6, 2017

American Greed: Scams, Scoundrels and Scandals season 11 episode 6 takes viewers on a journey through two different cases of financial fraud.

The first case, titled "Sticky Fingers," tells the story of Barry Diller, a man who created a web of lies to steal millions of dollars from unsuspecting investors. Diller posed as a successful businessman with a track record of successful investments and promised his clients high returns. He even produced fake documents and created a false history of making profitable deals to lure his victims. However, in reality, he was using the money to fund his extravagant lifestyle, including a $16,000-per-month rental home and a collection of luxury vehicles.

The second case, "Life in the Fraud Lane," follows the story of a man named Scott Rothstein. Rothstein was a prominent attorney in Florida who conned investors out of $1.2 billion in a Ponzi scheme, one of the largest frauds in American history. He lured investors with promises of returns as high as 40%, claiming he had insider information about legal settlements and lawsuits. In reality, there were no settlements or lawsuits, just a web of lies. Rothstein used the money to fund a lavish lifestyle, including a fleet of exotic cars, a $6 million home, and a $35,000 Rolex collection.

Both stories showcase the lengths people will go to become rich at the expense of others. Through interviews with victims, law enforcement, and experts in the field of financial fraud, viewers gain insight into how these scammers were able to pull off their schemes and the devastating impact they had on the lives of their victims.

The episode also delves into the aftermath of both cases, including the legal proceedings that ultimately brought Diller and Rothstein to justice. It serves as a reminder of the importance of staying vigilant and doing research before investing money, as well as the crucial role of law enforcement in catching those who seek to profit through deception.

Overall, "Sticky Fingers / Life in the Fraud Lane" is a compelling and cautionary tale of greed and deception that leaves viewers with a newfound appreciation for the dangers of financial fraud.

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Description
  • First Aired
    March 6, 2017
  • Language
    English