Thursday, March 14, 2013

Preview: American Greed

Another Reason Not to Trust Your Life Insurance Guy: Greed
CNBC

On the next American Greed (CNBC, 10pm) episode Deadly Payout, a trio of Texas conmen scores $100 million, telling investors there's big money in the "life settlement" insurance biz. They claim policy holders can cash out before they die and investors can double their money. When the fraudsters fail to pay returns and keep the money for themselves, it all comes crashing down, leaving investors' finances in critical condition.

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