CNBC - PRESS RELEASES
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July 27, 2012
CNBC'S "RIPPING OFF THE RICH" WILL PREMIERE ON MONDAY, JULY 30TH (ALL TIMES ARE IN ET) Monday, 7/30/2012: 8:00 PM RIPPING OFF THE RICH (30 Minutes) |
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“Ripping Off The Rich”:
As more wealthy Americans move to alternative investment strategies, the FBI says the theft of high-profile art and jewelry has become a booming criminal enterprise. The FBI conservatively estimates the losses to be $6 billion annually. Thousands of items ranging from a $300 million Rembrandt painting, to Elvis’ high school class ring are missing and are chronicled in the Bureaus’ National Database.
The FBI says there’s clearly a high “black-market” demand for some of the nation’s most valuable national treasures. CNBC Investigations Inc. tracks down who’s stealing them…who’s hunting them down…and interviews the victims who lost multimillion dollar collections.
CNBC’s Scott Wapner reports.
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