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American Greed: Unbelievable Scams and Schemes

Posted Jan. 15, 2010

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American Greed: Scams and Schemes

If you've turned on a television, read a newspaper or visited an Internet news site in the last year, you've heard of Bernie Madoff, the investor sentenced to life in prison for running a $50 billion Ponzi scheme. The same is probably true for numerous other rogue businessmen like Tyco's Dennis Kozlowski and Enron's notorious Kenneth Lay and Jeffrey Skilling. But what about the smaller con men who get away with bilking investors out of millions, even billions, of dollars every year?

We've rounded up some of the most unbelievable scams you may have never heard of over the last few years. The ones that keep the SEC and other federal investigators busy day in and day out. They may not be as notorious as the big boys, but they're all cases of American Greed.

Click ahead to see the unbelievable things some people will do for money.

Posted Jan. 15, 2010