American Greed: Scams, Scoundrels and Scandals Season 8 Episode 11 The Car Con

In episode 11 of season 8 of American Greed: Scams, Scoundrels and Scandals, titled "The Car Con," viewers are taken on a wild ride through the world of luxury car fraud. The episode centers around con artist Richard Scott, also known as "Poorest Rich," who used his charm and charisma to convince people to invest in his fake car dealership and luxury car leasing business.

Scott's scheme was simple, yet effective. He would find luxury cars for sale on Craigslist or other online marketplaces and buy them at a lower price. He would then turn around and lease the cars to unsuspecting victims at a higher price, or sell them outright. To sweeten the deal, he promised investors a 100% return on their money within a year.

But Scott's promises were too good to be true. He had no actual dealership or leasing business and was simply pocketing the money himself. Many victims lost their life savings, while Scott lived a lavish lifestyle, complete with a yacht and a mansion.

The episode follows the investigation and eventual arrest of Scott, as well as the stories of the victims who fell for his scam. One victim, a retired police officer, invested $150,000 with Scott, only to find out that the cars he thought he owned were actually being leased to other people. Another victim, a single mother, lost $15,000 that she had saved up for her daughter's college education.

Viewers will hear from law enforcement officials and prosecutors who worked on the case, as well as from Scott himself, who attempts to justify his actions and downplay the harm he caused.

Overall, "The Car Con" is a gripping episode that highlights the devastating effects of financial fraud and the importance of staying vigilant against too-good-to-be-true investment opportunities.