This is the American Greed Podcast presented by CNBC. I'm Stacey Keech.

In this episode of American Greed,

safe money specialist Paul Cruz promises big returns

while stealing his client's life savings.

He was arrogant, was greedy, and he was evil.

Money starts flowing.

400,000 in, 400,000 out.

And Cruz lives large.

He was dating an exotic dancer,

and actually was paying for breast augmentation.

Out of these people's harder in money.

His assistant says he makes an indecent proposal to a teenage daughter.

I'll buy you a BMW if you would show me your boobs.

And she's left with only one choice.

Taken his ass out.

You want me to put that more mildly?

I'd rather not.

And even from jail, Cruz proves he's no average white-collar crook.

I sometimes like to call it my breaking bad case.

It takes a really big leap for most people to go from financial crime

to wanting to kill people.

Hey, is there any problem with having these people cream it?

...