The TV show American Greed offers case studies of financial scams. Past shows are generally available at youtube.com. Watch one of the following shows:

Season 1, Episode 5 The Baptist Foundation of Arizona

Season 13, Episode 6, The House Flipping Reality Show Fraudster

You may also watch a different episode as long as it deals with a financial scam.

After watching, answer the following questions:

a. How did the scammer attract investors?

b. What did the scammer really do with the investors money?

c. How did the scammer reassure investors?

d. Were there any warning signs that investors should have seen?

e. How much money did investors lose?

f. Was the scammer punished?