This is the American Greed podcast presented by CNBC.

I'm Stacey Keach.

In this episode of American Greed, the hunt for a high-flying businessman, playing a very dangerous game.

He did have a wild couple of years.

TR. Wright III presents himself as a globe-trotting deal maker with style to burn. Being on fire, there's nothing like that.

Frequently posing for photos with his sports cars, yachts and jets.

It was almost like made for Instagram.

But something odd keeps happening to all his fancy toys.

They tend to crash, sink, even blow right up.

Everybody who watched this video thought that the individual was either dead or severely, severely burned.

Are these accidents proof of plain old bad luck?

Or the money-making scheme almost too wild to believe?

To find out, American greed cracked down the key players,

the relentless investigator.

And at that point, we start to realize this is a total scam.

The co-conspirator.

He didn't care about anybody or anything.

And in a television exclusive from federal prison,

the ringleader himself, who explains what it all adds up to.

Insurance broad. Inside a Texas prison, a once jet-setting criminal named T.R. Wright bides his time.

He's never given a TV interview about the audacious scheme that landed him here.

But in January 2021, he calls American greed to make one thing clear.

...