CNBC News Releases

CNBC's "American Greed 74" Will Premiere on April 18th



Thursday, 4/18/2013:



"American Greed 74 - Windy City Wipeout // Miami Burn":

Windy City Wipeout:

In the North Shore of Chicago, business partners Jack Walsh and Charles Martin appear to be getting very rich running a foreign currency trading brokerage, One World Capital. Martin shamelessly flaunts his wealth on the streets of Winnetka, cruising by in a Ferrari, a Bentley, or an Escalade. And then there are the vanity projects: a film production company that invests in a Hollywood flop called "Breaking Point" and numerous junkets to celebrity charity events. But is the money really coming from savvy trades? In 2007, a routine audit reveals some "irregularities" in One World's accounting. But it's not just irregular -- it's outright theft. One World has been pilfering clients' accounts to the tune of $10 million. Investigators discover that their outrageous spending even includes $1 million dollars of clients' money at a single NYC strip club.

Currency traders in Chicago steal 10 million dollars from clients to fund a binge on strippers, clothes and fast cars.

Miami Burn:

Talk about a wolf in sheep's clothing. Juan Carlos Rodriguez appeared to be anything but slick or flashy. He ran a one-man CPA firm, working from a tiny one-story office in a gritty Miami neighborhood. He was apparently a regular guy who enjoyed Dolphins football games and hanging out with a group of friends who called themselves "The Dudes." How shocking, then, when the trusted tax advisor lured his best friends into an investment scheme that would bleed The Dudes dry and cause financial ruin.

"With a friend like this..." A Miami tax advisor steals millions from the people who considered him a best friend.

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, 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.

Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at