American Greed: Scams, Scoundrels and Scandals Season 7 Episode 10

American Greed: Scams, Scoundrels and Scandals Season 7 Episode 10 Brooklyn's Madoff/Corrupted Software

  • May 30, 2013

In season 7 episode 10 of American Greed: Scams, Scoundrels and Scandals, titled "Brooklyn's Madoff/Corrupted Software", viewers are taken on a journey through two separate but equally shocking cases of fraud and corruption.

The first case focuses on Andrew Caspersen, a Wall Street investment banker who embezzled over $38 million from his clients. Caspersen comes from a wealthy family and worked at top firms such as Park Hill Group and PJT Partners, but was never satisfied with his high salary and wanted more. He began to concoct a scheme where he would trick his clients into investing in fake private equity deals, using the funds for his own personal gain.

As the investigation unfolds, viewers see how Caspersen's web of lies and deceit spirals out of control, ultimately leading to his downfall.

The second case follows a group of corrupt software developers who created a program that allowed them to cheat at online poker, resulting in them winning millions of dollars. The group, made up of individuals from Canada, Costa Rica, and Israel, worked together to create the program and then used it to cheat at online poker for years.

The episode delves into the masterminds behind the scheme, how they were eventually caught, and the fallout from their fraudulent activities.

Throughout the episode, viewers are presented with interviews from law enforcement officials, victims of the fraud, and experts in the fields of finance and technology. They provide insight into the methods used by these scammers, how they were able to get away with their illegal activities for so long, and the impact their actions had on those affected.

As with all episodes of American Greed: Scams, Scoundrels and Scandals, "Brooklyn's Madoff/Corrupted Software" sheds light on the darker side of human nature and the extremes to which some individuals are willing to go in order to attain wealth and power. It serves as a warning to viewers to always be vigilant and do their due diligence before investing their hard-earned money.

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Description
  • First Aired
    May 30, 2013
  • Language
    English