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American Greed Podcast

A Con Man's Deadly Revenge

American Greed Podcast

CNBC

True Crime, Documentary, Tv & Film, Society & Culture

4.61.9K Ratings

🗓️ 31 May 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

A man and his brothers run a massive $40 million rare coin con until they're caught and embark on a grisly revenge plan. (Original television broadcast: 1-15-2015) Want to binge watch your Greed? The latest episodes at: https://www.cnbc.com/american-greed/

Transcript

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0:00.0

This is the American Greek podcast presented by CNBC, I'm Stacey Keech.

0:08.0

In this episode of American Greed,

0:11.0

the Romano brothers of Long Island are working the phones,

0:15.0

selling $75 million worth of coins to eager and naive investors.

0:21.0

The salesmen knew who they could trick and confuse

0:24.0

and they kept going back to the well.

0:26.0

But when the families arrested for mail and wire fraud,

0:30.0

Joseph Romano wants payback from the ones who put him away.

0:35.0

A total of $40,000 would be paid for the killing of the judge

0:38.0

and the prosecutor.

0:46.0

Prison cameras catch Romano plotting with a hired killer.

0:49.0

But murder is only part of the gruesome plan.

0:57.0

For the first time, Romano's chosen hitman tells the whole story.

1:05.0

His hatred towards these two people was so great.

1:19.0

In Leviton Long Island, 18-year-old Michael Romano

1:28.0

is an entrepreneur with a plan.

1:31.0

He's recently graduated from Division Avenue High School.

1:34.0

And now he's selling collectible coins for a local telemarketing company.

1:39.0

He knows nothing about coins, but he's a strong-willed salesman

1:43.0

who says assistant U.S. attorney, Lara Gatz.

1:47.0

He enjoyed the power that he had over people

1:50.0

and he enjoyed manipulating them and pulling their strings

...

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