Ep 20. Lesson In Greed//soldier Scam
- TV-PG
- August 28, 2017
- 42 min
In the 20th episode of the 11th season of American Greed, titled "Lesson in Greed/Soldier Scam," viewers are presented with two different cases highlighting individuals who turned to fraud in order to make money.
The first case centers around John Rogers, a well-known financial advisor who became known for his appearances on various cable news networks, including CNBC and Fox News. Rogers was seen as a trusted expert in the financial industry, but it was later discovered that he had been operating a Ponzi scheme for years, defrauding thousands of clients out of millions of dollars. The episode delves into the specifics of Rogers' scheme, including how he used his reputation to convince clients to invest in non-existent funds and how he covered up his fraud by using fake account statements.
The second case revolves around a scam that specifically targeted members of the military and their families. The scam was orchestrated by former Army soldier Anthony Davenport, who used his status as a veteran to gain the trust of other servicemen and women. Davenport promised to help these individuals access their military benefits early, but in reality, he was embezzling their funds for his own personal gain. The episode examines how Davenport carried out his scam, as well as the devastating impact it had on the victims and their families.
Throughout the episode, viewers are given a detailed look at the inner workings of both scams, including insights into how the fraudsters were able to deceive their victims and evade detection for so long. Additionally, the episode features interviews with those affected by the scams, including clients of John Rogers and military personnel who fell victim to Anthony Davenport's fraud.
Overall, "Lesson in Greed/Soldier Scam" serves as a reminder of the devastating impact that fraud can have on individuals and communities, and the importance of remaining vigilant and informed when it comes to financial matters.