New Episode of CNBC's AMERICAN GREED, Airs 6/25
(ALL TIMES ARE IN ET)
Wednesday, June 25, 2014
10:00 PM American Greed 89 - INSIDE TRADING TRIO//COCAINE CASH CLEANER
1:00 AM American Greed 89 - INSIDE TRADING TRIO//COCAINE CASH CLEANER
06/25/2014: American Greed 89 -INSIDE TRADING TRIO/COCAINE CASH CLEANER
Three friends make a killing on Wall Street in what is the longest-known insider trading case in American history. And, a money trail from Miami's toughest drug traffickers leads authorities to a suburban dad and firefighter's money laundering operation.
More detailed descriptions for this episode:
"INSIDE TRADING TRIO": Three friends came to New York to make money and realize their dreams, but those dreams quickly turned criminal. One, a lawyer, had access to crucial inside information on giant mergers and acquisitions. Another agreed to act as middleman delivering confidential information to the third crook who traded with the secrets before the deals went public. Together the trio raked in thousands, then millions, in an insider trading scheme that eluded authorities for almost 20 years.
"COCAINE CASH CLEANER": Garry Souffrant seemed to have the American dream-he owned a big house, his kids played Little League, he drove fancy cars and he had a side job as a realtor. A series of brutal murders which involved Miami's toughest cocaine traffickers seemed to have no connection to him given his idyllic suburban life. But the drug money trail led to Souffrant. He worked for the dealers in an intricate plot to launder cash through his real estate business while he took a big cut for himself. For years, he lined his pockets with dirty money--until the dealers got busted. And he ran out of their money.
About "American Greed"
CNBC's shocking true crime series examines the dark side of the American Dream. Some people will do ANYTHING for MONEY. For more information, visit: www.americangreed.cnbc.com