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CNBC's "American Greed 73" Will Premiere on April 11th

Thursday, 28 Mar 2013 | 11:18 AM ET

(ALL TIMES ARE IN ET)

Thursday, 4/11/2013:

10:00 PM AMERICAN GREED 73 - UNION BU$TER // THE FOOL'S GOLD

1:00 AM AMERICAN GREED 73 - UNION BU$TER // THE FOOL'S GOLD

"American Greed 73 - Union Bu$ter // The Fool's Gold":

Union Bu$ter:

The Sandhogs Local 147, a New York City construction union, whose workers build tunnels and underground passageways, entrusts Melissa King for overseeing union benefits to ensure their retirements. Instead, King uses the workers funds to cut herself checks to the tune of $42 million. The union workers unwittingly foot the bill for King's household staff of maids, security guards and a personal chef. She racks up a $7 million American Express bill and buys her daughter's way into the high-end world of equestrian jumping – spending nearly $5 million on horses and horse-related expenses. The union finds out, but not before many of its members see their accounts reduced by $50,000 to $80,000 and are forced to return to the tunnels to continue working during their golden years.

A shady benefits administrator embezzles $42 million from a New York City union to fund an outrageous lifestyle.

The Fool's Gold:

Carl Estep is a smooth-talking ladies-man who looks for love and money, all to fund his phony gold scheme. The Montana conman spins tales of riches saying that he has hundreds of 55 gallon drums filled with 'gold concentrate' and all he needs is cash to pay for refining the gold ore to make millions. But the only thing in those drums is dirt. When one lovelorn retired investor, we call "Valerie," loses $220,000 to his scam, she informs the FBI and wears a wire so the feds can see him in action. "Valerie," who thought she met 'Mr. Right' and wanted that money to fund her retirement, now finds herself back at work with her savings gone wanting revenge.

One Montana conman sells barrels of "gold concentrate" that turn out to be dirt and the FBI sets a video sting to catch him.


About CNBC:

With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, CNBC World and CNBC HD , CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information to approximately 390 million homes worldwide, including more than 100 million households in the United States and Canada. CNBC also provides daily business updates to 400 million households across China. The network's 16 live hours a day of business programming in North America (weekdays from 4:00 a.m. - 8:00 p.m. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide.

CNBC also has a vast portfolio of digital products which deliver real-time financial market news and information across a variety of platforms. These include CNBC.com, the online destination for global business; CNBC PRO, the premium, integrated desktop/mobile service that provides real-time global market data and live access to CNBC global programming; and a suite of CNBC Mobile products including the CNBC Real-Time iPhone and iPad Apps.

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