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

In this episode of American Greed,

Radio host Dawn Bennett is a famous financial advisor.

This is a time period to control your own financial destiny.

Who tells listeners and clients her sporting online startup is the next big thing.

Think like Lulu lemon on steroids.

To investors she claims outrageous profits.

That's three millions worth over six million dollars. They're crazy to

with it. But the Fed say she's running a 20 million dollar scam. You don't steal

$20 million without having a certain amount of charm. She was spending millions upon millions of dollars on expenses that exclusively benefited herself.

And when investigators close in, she conjures supernatural forces to save herself.

We can only imagine that Miss Bennett cast the spell dozens of times.

Usually the situations aren't that dire.

Usually people don't let them get that bad.

Oh my God. In the Tony D.C. suburb of Chevy Chase, Maryland, FBI agents executing a search warrant

raid two luxury penhouses on August 2, 2017.

They're looking for evidence of a financial fraud that's cost dozens of investors $20 million.

In keeping with their suspicions, they uncover incredible spending.

It looked like I was walking into the latest department at Neiman Marcus.

There was an entire large closet full of high-in lady's shoes,

Nola Blonick, Jimmy Chu, Christian Lubitan.

But what they find in two freezers is beyond anything they could have imagined.

...