Selling the Dream: Stock Hype and Fraud | 2000
Examines stock and securities fraud, along with the civil and criminal efforts to put the guilty out of business. The program features Jeff Streich, a stockbroker who worked in some of New York's most notorious "bucket shops"; Patrick Bennett, now serving 30 years on 42 counts of fraud, accused by the government of masterminding the billion-dollar fraud of Bennett Funding Group deemed the largest fraud of its kind in U.S. financial history; Richard Breeden, former Director of the SEC and now bankruptcy trustee to Bennett Funding; and Pluvia, the never-before-seen web vigilante, who makes money shorting stocks while hunting out fraudulent companies on the internet.
Also included, a live seminar with "Tokyo Joe" Park, cyber-stock picker who just settled a civil suit with the SEC for $75,000; and Alistaire Bambach and Judith Starr, two SEC lawyers who are the latest generation in the 20-year pursuit to bring down Robert E. Brennan, a penny stock mogul. They invite viewers into Brennan's former $40 million private golf club, allegedly financed from illegal stock profits, and the first golf course to be taken over by the SEC as part of their $75 million judgment against Brennan.