Dawn Bennett american greed, wikipedia, prison : Dawn Bennett was a financial advisor who was convicted of running a Ponzi scheme that defrauded 46 investors out of more than $20 million. She was sentenced to 20 years in prison in 2019.
Bennett was a radio show host and financial advisor who was ranked as one of the top 100 women financial advisors in the United States by Barron’s magazine. She used her position of trust to convince investors to put their money into her firm, which she claimed was investing in high-yield securities. However, Bennett was actually using the money to fund her own luxurious lifestyle, which included a $500,000-a-year luxury suite at AT&T Stadium, home of the Dallas Cowboys.
Dawn Bennett american greed, wikipedia, prison
|Occupation||Financial advisor, radio show host|
|Convictions||Securities fraud, wire fraud, bank fraud|
|Sentence||20 years in prison|
|Current location||Federal Correctional Institution in Danbury, Connecticut|
|Ponzi scheme||Defrauded 46 investors out of more than $20 million|
|Luxury lifestyle||Luxury suite at AT&T Stadium, home of the Dallas Cowboys|
|Wikipedia page||Provides more detailed overview of her life and career|
|Financial advisor website||No longer active, but Wayback Machine archive provides snapshot of what the site looked like before it was taken down|
|American Greed episode||Tells the story of how Bennett defrauded her investors and how she was eventually caught and brought to justice|
|Warning to investors||Be careful when choosing a financial advisor|
|Topic||Dawn Bennett american greed, wikipedia, prison|
In 2015, the Securities and Exchange Commission (SEC) began investigating Bennett’s firm after receiving complaints from investors. The SEC’s investigation revealed that Bennett had been inflating her assets under management and investment returns. She had also been using investors’ money to pay for personal expenses, such as travel, clothes, and jewelry.
In 2018, Bennett was indicted on 17 federal charges, including securities fraud, wire fraud, and bank fraud. She was convicted on all charges and sentenced to 20 years in prison. She is currently incarcerated at the Federal Correctional Institution in Danbury, Connecticut.
Dawn Bennett on American Greed
Dawn Bennett’s story was featured on the season 13 episode of the CNBC show American Greed. The episode, titled “The Luxury Curse Scam,” tells the story of how Bennett defrauded her investors and how she was eventually caught and brought to justice.
The episode features interviews with Bennett’s victims, as well as with the SEC investigators who brought her case. It also includes footage of Bennett’s luxurious lifestyle, which included her $500,000-a-year luxury suite at AT&T Stadium.
The American Greed episode on Dawn Bennett is a cautionary tale about the dangers of investing with unlicensed financial advisors. It is also a reminder that even the most successful people can be involved in criminal activity.
Dawn Bennett’s Wikipedia Page
Dawn Bennett’s Wikipedia page provides a more detailed overview of her life and career. The page includes information about her early life, her education, her career as a financial advisor, and her conviction for fraud.
The Wikipedia page also includes links to other sources of information about Bennett, such as news articles and court documents.
Dawn Bennett’s Financial Advisor Website
Dawn Bennett’s financial advisor website is no longer active. However, the website’s Wayback Machine archive provides a snapshot of what the site looked like before it was taken down.
The website featured testimonials from Bennett’s clients, as well as information about her investment strategies. It also included a link to Bennett’s radio show, Financial Myth Busting.
Dawn Bennett in Prison
Dawn Bennett is currently incarcerated at the Federal Correctional Institution in Danbury, Connecticut. She is scheduled to be released from prison in 2039.
Bennett’s prison sentence is a reminder that even the most successful people can be brought to justice for their crimes. It is also a warning to investors to be careful when choosing a financial advisor.