Ep 14. California Schemin'
- November 22, 2022
- 43 min
-
(12)
In American Greed season 15 episode 14, titled "California Schemin'," viewers are taken on a wild ride through the high-stakes world of real estate fraud.
The episode opens with the story of Dan Noyes, a renowned journalist in the San Francisco Bay Area who has been investigating a group of real estate investors who have been scamming homeowners out of their properties for years. Noyes has uncovered evidence that these investors, led by a man named Tony Viola, have been using a variety of illegal tactics to get homeowners to sell their homes below market value, including intimidation, threats, and lies.
As the investigation unfolds, Noyes discovers that Viola and his team have been making millions of dollars in profits from their schemes, with some individuals claiming that they've lost their life savings through the fraudulent practices.
The episode takes the viewer through the various tactics that Viola and his partners used to manipulate homeowners into selling their properties, including posing as government officials or threatening to file false liens against the homes themselves. The fraudsters also targeted vulnerable homeowners, such as those who were facing foreclosure or going through a divorce, and preyed upon their desperation for quick cash.
As the investigation continues, Noyes and his team uncover a web of shell companies and fake identities that Viola has created to cover up his tracks. The episode also highlights the efforts of law enforcement officials and private investigators who worked tirelessly to bring these criminals to justice.
Throughout "California Schemin'," viewers see the devastating impact that these scams have had on the victims, who have lost not only their homes but also their sense of security and trust in others. The episode shines a light on the importance of investigative journalism and the need for strong regulation and enforcement to protect homeowners from fraudsters like Viola.
Overall, American Greed season 15 episode 14 is a gripping and eye-opening look at the dark side of the real estate industry, and a cautionary tale for anyone considering investing in property. With its compelling storytelling and real-world examples of financial crime and its impact, this episode is sure to leave viewers both shocked and educated.