American Greed

Season 9, Episode 14

Episode Title: Friends Without Benefits

Air Date: 2015-10-23

Overview:

Mutual Benefits buys life insurance policies from aids patients, the chronically ill, and seniors and fraudulently resells them as low risk investments to clients. When medical advances help patients live longer, Mutual Benefits collects new investor money to pay returns. 30,000 people get caught in the $1.25 billion ponzi scheme.