American greed on CNBC

[Buoy]

Michael vorce.
Very interesting.
Some familiar faces - and boats.

[lucky strike]

Saw it last night.
Interesting show

[Bobcat]

I'll see if I can get it on demand.

[Ratickle]

The azz hurt some friends a lot. Almost the end of Premier Performance, Saber Boats, etc......


Michael Vorce: Shipwrecked!

Michael Vorce is a twenty-something playboy living it up in Grand Rapids, Michigan. By all appearances Vorce makes millions buying and selling luxury yachts. And with all the boats he buys, he is able to borrow millions from banks. But when the loans come due, questions float to the surface, like 'Where are all the boats' and 'Where is all the money?'

Investigators explain Michael Vorce's signature tricks for bamboozling bankers and coaxing them to reveal the criteria that might raise red flags

Special Agent Wayne Jackowski explains how the quest to capture Vorce led the FBI to Chicago.

View the transcript of the hearing in which Michael Vorce pleaded guilty before a judge in Grand Rapids

View the statements sent by Michael Vorce to American Greed from prison by email.

View the statements sent by Ryan Steensma to American Greed from prison by email


See more; American Greed: Michael Vorce: Shipwrecked! (http://www.cnbc.com/id/100442879)