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From what I understand,
he provided information
that wasn't true that triggered this downfall
of Lennar. [announcer] Shares
of homebuilder Lennar
taking a big hit today. [man] After a gentleman
named Barry Minkow, who runs a place
he calls
the Fraud Discovery Institute, alleged that
the home-builder-- Uses its joint ventures as some form of Ponzi scheme
he provided information
that wasn't true that triggered this downfall
of Lennar. [announcer] Shares
of homebuilder Lennar
taking a big hit today. [man] After a gentleman
named Barry Minkow, who runs a place
he calls
the Fraud Discovery Institute, alleged that
the home-builder-- Uses its joint ventures as some form of Ponzi scheme
Full Transcript
00:00:01.000 --> 00:00:04.427
From what I understand,
he provided information
that wasn't true
00:00:04.429 --> 00:00:06.996
that triggered this downfall
of Lennar.
00:00:06.998 --> 00:00:10.999
[announcer] Shares
of homebuilder Lennar
taking a big hit today.
00:00:10.093 --> 00:00:12.952
[man] After a gentleman
named Barry Minkow,
00:00:12.954 --> 00:00:15.788
who runs a place
he calls
the Fraud Discovery Institute,
00:00:15.079 --> 00:00:17.148
alleged that
the home-builder--
00:00:17.015 --> 00:00:18.183
Uses its joint ventures
00:00:18.185 --> 00:00:20.251
as some form of Ponzi scheme.
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Movie Summary
How Barry Minkow, the scam artist, could reinvent himself and get rich many times. From whiz kid, to convict, to pastor, to fraud fighter, to convict yet again.