American Greed returns to CNBC…
CNBC announced that the new season of its American Greed series will begin next Wednesday, January 30th, at 9pm ET…
Everybody wants to be rich, but some people will stop at nothing…..
The series that examines the dark side of the American dream is back for another season on Wednesday, January 30th at 9PM & 12AM ET. CNBC’s unprecedented original primetime series, “American Greed,” focuses on how greed change’s people’s lives and proves people will do anything for money.
The season premiere of “American Greed” exposes the story of Martin Frankel, a self-taught stockbroker and con man who refers to himself as a “financial genius.” Money laundering, prostitution and drug abuse, Frankel’s crimes left a trail of financial fraud, empty bank accounts…and death.
Frankel began his con by luring innocent investors into fraudulent schemes and promising big returns. But in reality, he pockets their money and never invests a dime. Ultimately, Frankel swindles investors out of more than $200 million dollars by buying distressed insurance companies in the South and looting their reserves. When Frankel left his hometown of Toledo, OH for a mansion in Greenwich, CT, he began working on a new project, “building the perfect harem.” By the late 90s, Frankel not only had more than a dozen women living in his mansion, but discovers his insurance scam has been exposed when regulators in Mississippi start asking questions. Realizing he’ll face arrest, Frankel flees to Europe and instructs his “harem” to shred and burn all of his documents. Everything burned except a incriminating “To Do List,” that included “Launder Money.”The FBI followed Frankel’s trail and after four months he was extradited to the U.S. and charged with 24 counts of fraud and racketeering. Frankel plead guilty in 2002 and is now serving a 16-year sentence in federal prison. It took a worldwide manhunt to track him down and CNBC’s “American Greed” has the story of his crimes and the agents who brought him to justice.
The series is narrated by actor Stacy Keach and produced exclusively for CNBC, First in Business Worldwide, by Kurtis Productions.
“American Greed” premieres on CNBC on Wednesday, January 30th and will air each Wednesday for 10 weeks at 9PM & 12AM ET.
So I assume the series will focus on Halliburton and Enron?
Comment by Paco — January 25, 2008 @ 10:56 am
Maybe cattle futures and laundering drug money.
Comment by Jim — January 25, 2008 @ 11:25 am
Martin Frankel is one of the most infamous cases of insurance fraud in U.S. history. This case involves blood, sex and money. How he fooled so many state regulators and was able to purchase and loot dozens of small insurance companies is still baffling. More information on this case and other stories of greed can be found at http://www.insurancefraud.org.
Comment by Dennis Jay — January 25, 2008 @ 1:19 pm
“This case involves blood, sex and money.”
All the elements of a good tragedy TV story… does Nancy Grace know about this? Get Greta on the line.
Comment by Paco — January 26, 2008 @ 5:49 am
Paco… it’s amazing to me how you try to bash FNC and HLN (or CNN) because of a story that CNBC is doing.
There is no snark coming from you towards CNBC for doing this piece… just towards the networks NOT doing the story, because you think it’s something they WOULD do. Why is that? Why not attack CNBC?
Comment by ImNotBlue — January 26, 2008 @ 1:59 pm
CNBC has made it clear that in primetime they are branching out into the entertainment arena (i.e. putting on “The Biggest Loser,” “Deal or No Deal,” “The Apprentice,” and other NBC shows). Whearas Fox News and Headline News claim they are 24 hour news networks. Yet you would hardly know it with the continual loop of tragedy TV tabloid missing/dead blondes, blood, sex, money, sensationalistic trash they air. They don’t cover the important stories hardly at all… if ever. Especially Greta and Nancy… its ALL trash. Theres NO substance.
Comment by Paco — January 27, 2008 @ 5:04 am
God put a hidden charm in difficult undertakings, only the courage to try to engage people aware of the difficulties that the charm
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