This is the American Greed Podcast presented by CNBC. I'm Stacy Kich.

In this episode of American Greed, Lieutenant Joseph Glenowitz is a small town

cop gunned down in the line of duty.

It was real scary.

Things like that don't happen in Fox site. As police search for

three suspects, the community mourns the loss of a leader. Everybody who knew

Joe just loved him and adored him.

There were tons of little kids holding signs with this picture on it.

They looked up to him as a hero, everybody did.

But when the investigation hits a dead end,

all eyes turned to the officer himself

and the youth group he runs.

Go and there you go.

It's supposed to develop the next generation of cops, but has G.I. Joe, as he's known, lost his moral compass?

Is this hero merely enriching himself?

The lieutenant was a Jekyll and Hyde.

Who could have foretold that this was going to happen?

That he would hatch this kind of scheme.

And how far would he go to protect his image?

It's one thing to steal money.

It's another thing to cheat on your wife.

It's another thing to try to kill somebody. It's the morning of September 1st, 2015 in Fox Lake, Illinois. Summer is winding down in

...