American Greed: Scams, Scoundrels and Scandals Season 8 Episode 7

American Greed: Scams, Scoundrels and Scandals Season 8 Episode 7 The Falcon and the Con Man

  • June 11, 2014

In season 8 episode 7 of the hit true crime series American Greed: Scams, Scoundrels and Scandals, viewers are introduced to a duo of con artists who seem to have it all figured out. Nicknamed "The Falcon and the Con Man," the pair made their living by convincing wealthy investors to hand over millions of dollars for a series of elaborate business ventures that, unbeknownst to their victims, were completely fraudulent.

As the episode unfolds, viewers are given a detailed look at the backgrounds and motivations of both men. The "Falcon," a charismatic and well-connected businessman named Jim McCormick, had a talent for impressing potential investors with his charm and intelligence. The "Con Man," meanwhile, was a slick, smooth-talking con artist named Alex Martinez, who was able to convince even the savviest investors that their money was in good hands.

Together, the pair were unstoppable. They claimed to have a network of business contacts all over the world, and promised their investors that they would soon be reaping massive returns on their investments. However, as the episode progresses, it becomes clear that the pair were using their investors' money to fund a lavish lifestyle for themselves, rather than working towards any legitimate business goals.

As the FBI begins to investigate the Falcon and the Con Man's activities, it becomes apparent just how deep their fraud goes. They were able to convince not just individual investors, but also major banks and financial institutions, to give them millions of dollars in loans - all of which were based on completely false information. By the time the authorities catch up with them, the pair have built up an empire of fraud that spans multiple countries and continents.

Through interviews with the victims, investors, and those involved in the legal proceedings against the Falcon and the Con Man, the episode provides a fascinating look at the psychology behind investment scams. It raises important questions about how these frauds are able to flourish for so long, and why so many people are willing to invest money in schemes that are clearly too good to be true.

Overall, American Greed: Scams, Scoundrels and Scandals season 8 episode 7 is an engaging and informative exploration of one of the most audacious investment scams of recent years. It offers a fascinating insight into the minds of those involved, and serves as a cautionary tale for anyone looking to invest their money in the future.

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Description
  • First Aired
    June 11, 2014
  • Language
    English