American Greed: Scams, Scoundrels and Scandals Season 7 Episode 12 The Lady Killer

In season 7 episode 12 of American Greed: Scams, Scoundrels and Scandals, titled "The Lady Killer", the audience is introduced to Thomas Giacomaro, a New York-based financial advisor who is charged with orchestrating a complex fraud scheme that leaves his clients penniless.

The episode starts with Thomas Giacomaro, who appears to be a successful financial advisor with a large and loyal following of clients. He is known for his flashy lifestyle and his expensive tastes, which include a luxury Manhattan apartment and a collection of Ferraris. Giacomaro seems to have it all, but as the episode progresses, it becomes clearer that his success is built on lies and deceit.

The first hint of trouble comes when one of Giacomaro's clients discovers that her investments are missing. She approaches Giacomaro, who assures her that everything is fine and that her money will be returned to her. However, as more and more clients come forward with similar complaints, it becomes clear that Giacomaro is running a Ponzi scheme - using new client funds to pay returns to older clients.

As the authorities begin to investigate Giacomaro's activities, they uncover a web of lies and deception. Giacomaro had been using his clients' funds to finance his expensive lifestyle and to gamble in Atlantic City. He had also been forging documents and lying about the performance of his funds to keep his clients in the dark.

Despite mounting evidence against him, Giacomaro refuses to back down. He hires high-powered lawyers and even enlists the help of a private investigator to track down one of his former clients, whom he accuses of being a "blackmailer". As the trial approaches, Giacomaro becomes increasingly desperate, resorting to underhanded tactics to try and avoid jail time.

In the end, justice is served, but not before Giacomaro has ruined the lives of countless innocent people. The Lady Killer is a cautionary tale about the dangers of entrusting your money to unscrupulous financial advisors, and a reminder that greed can lead even the most successful among us down a dark path.