This is the American Greed Podcast presented by

C and BC. I'm Stacy Kich.

In this episode of American Greed,

on an exclusive island, word spreads about a new arrival.

Oh, there's like your highness or his highness.

A Saudi prince has blessed Miami with his presence.

He talked the part, he dressed the part. has blessed Miami with his presence.

He talked the part, he dressed the part, he drove the part.

With a massive oil IPO looming, his highness brings in more than eight million dollars by promising investors a share of his unfathomable wealth.

The idea that there was a Saudi prince in Miami, it wet the appetite of very many people. But despite the

bling he shows off on Instagram, you know what it is. You know what it is? You know what

it is. It turns out that this Saudi prince is just the king of cons.

He looked like an overweight Hispanic guy from South America.

It just looked preposterous.

Preposterous.

So who is this royal scammer?

And how does he pull off his princely scheme?

There could be any number of reasons why people find him to be credible, but they do.

And they do it again and again. It's really quite astounding. Just off the causeway connecting downtown Miami to Miami Beach, there's a small driveway few

have ever seen.

Here, cards board a ferry that crosses a narrow channel to an ultra-exclusive enclave called Fisher Island.

Forget 902-1-0.

...