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Episode 75: Dealing in Deceit

Case File

Dealing in Deceit
San Francisco entrepreneur Samuel "Mouli" Cohen starts a fake Internet music company and takes in $31 million from celebrities, investors, and a charity dedicated to help the poor. He claims they will make a fortune when his company is sold to Microsoft. But there is no deal. The millions go to fund his opulent mansion, a private jet, and a priceless art collection. When his scam is revealed investors find out the mansion and jet are rented and the artwork is fake. They were all part of his lies.

Dealing in Deceit

San Francisco entrepreneur Samuel "Mouli" Cohen starts an internet music company and fraudulently takes in $31 million from celebrities, investors, and a charity dedicated to help the poor. He claims they will make a fortune when his company is sold to Microsoft. But there is no deal. The millions go to fund his opulent mansion, a private jet, and a priceless art collection. When his scam is revealed investors find out the mansion and jet are rented and the artwork is fake. They were all part of his lies.

VIDEOS

  • Determined to Rebuild and Help     Friday, 10 May 2013 | 12:00 AM ET

    Vanguard Justice Community Council members state their intentions to "reclaim the spirit of Vanguard" and to make reparations to organizations left high and dry when the community foundation crumbled under Hari Dillon's leadership.

  • The Man, the Myth, and the Fake Masterpieces     Friday, 10 May 2013 | 12:00 AM ET

    Learn how Mouli Cohen commissioned artwork to create the facade of a fabulously wealthy and generous philanthropist.

WEB EXCLUSIVES

  • "Integrity is a Given" Friday, 10 May 2013 | 3:26 PM ET

    Web-savvy Mouli Cohen portrays himself as a successful entrepreneur and generous philanthropist. He bolstered his internet presence by penning “articles” about business and distributing them as press releases. Read one of them here, “Mouli Cohen on Leadership.”

  • Urging a Harsh Sentence for Hari Dillon Friday, 10 May 2013 | 3:36 PM ET

    A few months after Mouli Cohen was sentenced, investor Cindy Woods attends the sentencing of Hari Dillon. Woods delivers a statement urging the court to impose a harsh punishment on Dillon, who she believes feels no remorse for his own crimes.

  • Susanna Moore Addresses the Court Friday, 10 May 2013 | 3:48 PM ET

    Susanna Moore, a former Vanguard Public Foundation board member and investor in Mouli Cohen’s eCast scheme, addresses the court at Cohen’s sentencing. Moore takes Cohen to task for the demise of the foundation.

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