American Greed: Scams, Scoundrels and Scandals Season 7 Episode 9

American Greed: Scams, Scoundrels and Scandals Season 7 Episode 9 Talk Radio Takedown

  • May 23, 2013

In American Greed: Scams, Scoundrels and Scandals season 7 episode 9, entitled "Talk Radio Takedown," the show explores the story of a financial advisor named Dawn Bennett who tricked investors out of millions of dollars.

Bennett's scheme involved using her own radio show, "Financial Myth Busting with Dawn Bennett," to promote her investment firm and convince listeners to invest with her. She promised high returns and claimed to have a track record of success in the financial industry.

However, Bennett's claims were all lies. She had no legitimate investment strategy and instead used the money she obtained from investors to fund her lavish lifestyle. She bought luxury cars, expensive jewelry, and even a $500,000 horse.

The episode recounts how Bennett's scheme eventually unraveled when the SEC caught wind of her fraudulent activities. She was charged with several counts of fraud and sentenced to 20 years in prison.

The show delves into the details of the investigation and interviews those involved, including former clients who were victimized by Bennett's scheme. It also provides insight into the psychology behind financial fraud and how some people are able to manipulate and deceive others for their own gain.

Throughout the episode, viewers are left with a sense of outrage at the extent of Bennett's deceit and the devastation it caused for her investors. They also gain a better understanding of the importance of due diligence when it comes to investment opportunities and the dangers of blindly trusting financial advisors.

Overall, "Talk Radio Takedown" is a compelling episode that highlights the worst of financial fraud and the far-reaching consequences of such schemes.

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Description
  • First Aired
    May 23, 2013
  • Language
    English