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[soft music]
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- They had a very idyllic life.
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ANDREA MERRIMAN:
What are you doing, Shawn?
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00:00:12,312 --> 00:00:12,846
- Relaxing.
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00:00:14,014 --> 00:00:18,752
- I used to lay in bed at night
and go, our life is so perfect.
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- But that came at a cost.
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- He starts to see
the writing on the wall.
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- He destroyed my universe.
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- A warning tonight
to be careful who you trust.
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MERRIMAN: He told me, the
whole time we've been married,
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I've been living
a secret double life.
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[suspenseful music]
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- It doesn't feel real.
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SHAWN:
I'm Shawn Merriman.
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- My husband's a dark,
horrible, greedy criminal.
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- Life is ripped out
from under you.
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- Nobody can believe this.
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MERRIMAN: A neighbor was
so angry with Shawn.
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He had a gun.
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- It was
a terrifying situation.
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MERRIMAN:
Everything is racing.
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The end was near.
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♪ ♪
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ANDREA GUNNING: I'm Andrea
Gunning, and this is Betrayal,
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a show about the people
we trust the most
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and the deceptions
that change everything.
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[suspenseful music]
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Andrea Merriman fell in love
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with a charming
and ambitious man
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who made her family rich
in more ways than one.
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But a shocking confession
reveals that everything
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she thought she knew
about her husband
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was a lie.
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Andrea, it's so good
to see you again.
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- It's good
to chat with you again.
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- How would you define the
betrayal that happened to you?
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- The ultimate betrayal
on every front.
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The man I married turned out
to be capable of things
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I could never
have comprehended.
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[soft music]
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♪ ♪
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I grew up mostly in
Grand Junction, Colorado.
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I'm the oldest of five.
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KIM:
We had an amazing childhood.
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We grew up with lots
of opportunities
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and wonderful parents.
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MERRIMAN:
We were a household of faith.
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We belonged to the Church
of Jesus Christ
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of Latter-day Saints.
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So when I was going to
college, I was accepted
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to Brigham Young University.
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I worked part time in the
office at the apartment complex
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00:03:03,483 --> 00:03:05,552
that we lived in
as college students.
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And one day, a boy
named Shawn Merriman
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showed up to pay his rent.
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He had a reputation
of being a very nice guy,
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a successful guy.
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He drove a BMW.
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He shopped at the best stores.
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He had the finest shoes.
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I just thought he was
a very nice person,
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but I also thought
he was really intelligent.
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And that was attractive to me.
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But also, my faith is
something very important to me,
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so I was totally happy that
Shawn was a man of God.
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♪ ♪
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GUNNING: Andrea was raised
her whole life
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in the Mormon church,
and they put a huge emphasis
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on community and shared values.
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So it was important to her
to find someone
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that was in the church as well.
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MERRIMAN: He would make fun,
friendly comments
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when he came into the office.
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And then he started
asking me out.
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He took me to concerts,
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took me
to really amazing restaurants.
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He took me to do everything
he knew I loved.
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KIM: Andrea introduced me
to Shawn
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when we were both in college.
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I was very happy for her.
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They seemed to work well.
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They seemed to have
similar desires.
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They seemed to have
similar ambitions.
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And there was nothing
to dislike about Shawn.
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He seemed to have
her well-being
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forefront of his mind.
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MERRIMAN: Shawn proposed to me
in California on a beach
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because he knew the beach
is my favorite place.
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I didn't take a lot of time
to think about it.
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00:05:02,469 --> 00:05:05,972
Our wedding took place
in the Jordan River Temple
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00:05:05,972 --> 00:05:08,942
of the Church of Jesus Christ
of Latter-day Saints.
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I was preparing
to have a happy life,
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and I felt like
the future was ours.
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Prior to dating Shawn,
my goals were strong.
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I had gone to school
with the idea
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that I would then
go to law school.
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But after we got married,
I decided
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00:05:31,965 --> 00:05:36,703
to stop at a bachelor's degree
and focus on supporting him.
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We moved to Denver, Colorado,
for his career.
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He went to work
at an investment firm.
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And he had a lot
of success at it.
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He worked just the last quarter
of 1990 as a stockbroker,
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00:05:58,525 --> 00:06:02,596
and he made about 50 grand
in that last three months.
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GUNNING:
The $200,000 that Shawn made
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00:06:04,831 --> 00:06:07,133
in his first year alone
would be the equivalent
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00:06:07,133 --> 00:06:09,202
of nearly a half a million
dollars today.
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That number is an astonishing
amount for someone
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00:06:11,938 --> 00:06:14,140
so new in the investment world.
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MERRIMAN: Here's Shawn, who's
really happy because he just
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landed another big client.
[laughs]
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Let's zoom in on that smile.
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GUNNING: Shawn's reputation
was growing,
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and he was getting lucrative
job offers from other firms.
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MERRIMAN: He moved around to
a couple of different firms,
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and he would always get
a large signing bonus.
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Getting ready for a meeting.
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I love this shirt on him.
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Having a healthy breakfast.
[laughs]
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One company would give him
$50,000 or $60,000 or $70,000
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to go work for them.
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- Ho, ho, ho.
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- And then
he'd be there a year,
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and another one would
pay him another big bonus
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00:06:52,178 --> 00:06:54,681
to go and work for them,
so he was making a good living.
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GUNNING: With the success
of Shawn's job,
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the couple felt ready
to start a family.
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MERRIMAN: When we married,
we talked about
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00:07:05,058 --> 00:07:07,327
that we wanted a large family.
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00:07:08,728 --> 00:07:11,865
So when our first baby was
born, I thought I had it all.
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Hi, pumpkin.
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Here is Sarah.
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She's just about
two months old.
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How are you?
What are you doing?
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- I was really excited for her.
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I was having children
at the same time,
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and so our kids were friends.
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Andy, what are you doing?
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- I'm playing with Sarah.
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KIM:
Oh, how nice.
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It seemed like they had
a very idyllic life.
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There's Andy. Wave, Andy.
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GUNNING:
They had four children.
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KIM:
Hi.
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- Andrea just really loved
being with her family
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and spending time together.
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SHAWN:
Tick, tock.
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What time is it, Andy?
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Tick.
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00:07:51,204 --> 00:07:53,173
- But the thing that really
stands out was the traveling.
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- We definitely got to go
to some fun places.
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SHAWN: Where are you?
SARAH: Zurich.
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SHAWN: In what country?
- Africa.
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00:08:01,748 --> 00:08:02,982
SHAWN: Switzerland.
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00:08:07,921 --> 00:08:10,256
- My mom always thought
it was important to learn
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00:08:10,256 --> 00:08:11,524
about different cultures.
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In the limo, going out for
a night on the town in Vegas.
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Shawn's happy and content.
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- They traveled a lot,
and they accumulated things
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that most wealthy people do.
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He started
to collect art, cars,
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and toys for entertainment.
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MERRIMAN: Eventually, he came
to me one day and said,
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you know, maybe I ought
to start my own company.
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He started his own
investment company
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that he named
Market Street Advisors.
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As he starts
his investment firm,
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he upgrades our house
to another home.
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He said, I'm going to
be working from home.
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This will give me
the space to eventually
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00:09:05,278 --> 00:09:08,915
build an office outside
the house but on our property.
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- The couple moved
to a community
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called Stage Run in Aurora.
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♪ ♪
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JILL: The Merrimans lived
in our same neighborhood.
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And their house was amazing.
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[exciting music]
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They had the biggest lot
in the neighborhood,
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3 or 4 acres.
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One thing I remembered
about Andrea's house
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is that she had a grand piano
right when you walked in,
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00:09:39,546 --> 00:09:41,881
and she could
play it beautifully.
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00:09:41,881 --> 00:09:44,217
[soft piano music]
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♪ ♪
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She loved the sun shining in.
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It was beautiful and bright.
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It was probably the nicest
house in our neighborhood.
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GUNNING: Even though
Shawn's working from home,
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he still had to build
his list of clients,
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00:10:02,335 --> 00:10:03,870
which meant that
he had to travel
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00:10:03,870 --> 00:10:05,138
and be away from his family.
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00:10:05,138 --> 00:10:10,110
MERRIMAN: At first,
Shawn traveled a lot
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for old car clubs.
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00:10:12,445 --> 00:10:15,248
And then he would go
on these golf trips
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with wealthy golfers.
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00:10:18,384 --> 00:10:21,955
He was networking
and making friends.
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00:10:21,955 --> 00:10:23,890
A lot of them
were older people
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00:10:23,890 --> 00:10:25,959
that would be able
to invest money with him.
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00:10:27,160 --> 00:10:32,532
He also started and ran
his own investment club.
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SHAWN:
Hi, I'm Shawn Merriman.
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00:10:34,234 --> 00:10:36,069
I'm getting ready
to go whitetail hunting.
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[grunting bird call]
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MERRIMAN:
He also started hunting
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and started doing it intensely.
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00:10:46,346 --> 00:10:49,382
[gunshot]
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00:10:49,382 --> 00:10:52,452
SHAWN: Here we are
in Kamchatka, Russia,
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00:10:52,452 --> 00:10:53,953
with my first ever moose.
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00:10:53,953 --> 00:10:57,991
MERRIMAN: He would travel
to South Africa,
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to Zambia, to Namibia,
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00:11:00,426 --> 00:11:03,363
wherever there were
trophy animals
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00:11:03,363 --> 00:11:04,998
that he wanted to hunt.
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00:11:06,099 --> 00:11:08,735
And he would always say,
wealthy people
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00:11:08,735 --> 00:11:10,136
can afford to do this,
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00:11:10,136 --> 00:11:12,338
so I will be there with them
for a few weeks.
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00:11:12,338 --> 00:11:17,143
I'll get to know them, and I
will get their money to invest.
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00:11:17,143 --> 00:11:19,546
[suspenseful music]
216
00:11:19,546 --> 00:11:22,582
- Last chance to make
any money here, buddy.
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00:11:22,582 --> 00:11:25,652
[laughter]
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00:11:25,652 --> 00:11:28,688
♪ ♪
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00:11:28,688 --> 00:11:31,758
MERRIMAN: One trip that
stands out in my mind,
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00:11:31,758 --> 00:11:33,526
he was traveling in Tanzania.
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00:11:36,095 --> 00:11:41,000
He came back, and he talked
about how he'd been hunting.
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00:11:41,000 --> 00:11:43,136
And they were
on a mountainside,
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00:11:43,136 --> 00:11:46,639
and it was a very narrow trail
with a drop-off.
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00:11:51,044 --> 00:11:55,014
One of the local trackers
that was guiding him slipped
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00:11:56,249 --> 00:11:58,851
and was going to plunge off
the side of this mountain
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to his death.
227
00:12:01,554 --> 00:12:04,724
Shawn grabbed his hand,
grabbed his arm,
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00:12:04,724 --> 00:12:08,161
pulled him to safety,
saved his life,
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00:12:08,161 --> 00:12:11,664
and he was the hero in Africa.
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00:12:11,664 --> 00:12:14,300
But then the very
first thing he did
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00:12:14,300 --> 00:12:18,338
when he got home was,
he went straight to a doctor
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00:12:18,338 --> 00:12:19,372
to be tested.
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00:12:21,708 --> 00:12:25,178
Saying, well,
you know, I cut myself up
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00:12:25,178 --> 00:12:26,779
when I was saving this man.
235
00:12:28,081 --> 00:12:31,184
Looking back,
I have reason to believe
236
00:12:31,184 --> 00:12:34,921
that, when he was in Africa,
he was doing more
237
00:12:34,921 --> 00:12:37,423
than trying to save a tracker.
238
00:12:37,423 --> 00:12:40,426
And that was why he returned
home and got tested.
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00:12:50,036 --> 00:12:51,838
GUNNING: After one of
Shawn's hunting trips,
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00:12:51,838 --> 00:12:54,540
he tells Andrea this
wild story of how
241
00:12:54,540 --> 00:12:56,776
he saved a local
hunting guide's life
242
00:12:56,776 --> 00:12:58,378
from tumbling down a cliff.
243
00:12:58,378 --> 00:13:00,146
But Andrea had her suspicions.
244
00:13:00,146 --> 00:13:01,514
- He wasn't a superhero.
245
00:13:03,082 --> 00:13:05,551
- Andrea thinks
that this heroic story
246
00:13:05,551 --> 00:13:06,986
is really just a coverup
247
00:13:06,986 --> 00:13:08,588
for some
extracurricular activities.
248
00:13:08,588 --> 00:13:13,259
MERRIMAN: Looking back, it
should have been a red flag.
249
00:13:13,259 --> 00:13:18,064
The wild stories never actually
happened when I was with him.
250
00:13:18,064 --> 00:13:20,833
But I just believed him
because I was married to him.
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00:13:20,833 --> 00:13:23,569
[suspenseful music]
252
00:13:23,569 --> 00:13:26,339
♪ ♪
253
00:13:26,339 --> 00:13:29,108
Is Dad wearing your same hat?
254
00:13:29,108 --> 00:13:32,245
So Shawn was always
busy working,
255
00:13:32,245 --> 00:13:34,113
or he's got
church stuff at night
256
00:13:34,113 --> 00:13:36,783
as bishop of our local
church congregation.
257
00:13:36,783 --> 00:13:39,419
That's similar to a pastor.
258
00:13:39,419 --> 00:13:42,822
But he was very supportive
to help our kids
259
00:13:42,822 --> 00:13:43,990
develop their talents.
260
00:13:43,990 --> 00:13:48,061
ANNOUNCER:
In sixth place...
261
00:13:48,061 --> 00:13:53,099
- For example, our oldest son
played on a baseball team.
262
00:13:53,099 --> 00:13:56,302
Here's Andy in his first
championship baseball game.
263
00:13:56,302 --> 00:13:59,806
Shawn had bought a pitching
machine and batting cage.
264
00:13:59,806 --> 00:14:02,575
And not just
any pitching machine,
265
00:14:02,575 --> 00:14:06,145
the same pitching machine that
the Colorado Rockies used
266
00:14:06,145 --> 00:14:08,748
so that our son could
practice batting.
267
00:14:08,748 --> 00:14:12,318
ANDY: There is the game ball
I got in baseball.
268
00:14:12,318 --> 00:14:15,688
GUNNING:
So they have everything
269
00:14:15,688 --> 00:14:17,223
that they need in the world.
270
00:14:17,223 --> 00:14:19,726
But to Andrea,
at this point in her life,
271
00:14:19,726 --> 00:14:22,161
the one thing that
she wants is for her family
272
00:14:22,161 --> 00:14:23,529
to own their home outright.
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00:14:23,529 --> 00:14:27,667
MERRIMAN: He would say, what
do you want for your birthday?
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00:14:27,667 --> 00:14:28,868
What do you want
for Christmas?
275
00:14:28,868 --> 00:14:32,138
And I kept saying,
I want my house paid off
276
00:14:32,138 --> 00:14:34,941
so that I know
I always have a home.
277
00:14:34,941 --> 00:14:37,643
[soft upbeat music]
278
00:14:37,643 --> 00:14:39,645
And so he did.
279
00:14:39,645 --> 00:14:40,913
He paid off my house.
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00:14:40,913 --> 00:14:43,082
And that was
a huge moment for me.
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00:14:43,082 --> 00:14:48,788
GUNNING:
Shawn built a big structure
282
00:14:48,788 --> 00:14:51,124
in the back of his house
for his office,
283
00:14:51,124 --> 00:14:54,827
but also as like a museum
to all of his collectibles.
284
00:14:54,827 --> 00:14:55,728
It was pretty incredible.
285
00:14:55,728 --> 00:14:59,165
SKIP: He had his own
little man cave
286
00:14:59,165 --> 00:15:01,033
before man caves
got to be real big.
287
00:15:01,033 --> 00:15:03,669
And I always remember thinking,
golly, how cool is this?
288
00:15:03,669 --> 00:15:05,004
I would spend
all my time down here.
289
00:15:05,004 --> 00:15:11,144
MERRIMAN: It was
a 4,800-square-foot building
290
00:15:11,144 --> 00:15:13,012
that had a second story
on top.
291
00:15:14,747 --> 00:15:19,185
The second story was his
Market Street Advisors office.
292
00:15:19,185 --> 00:15:22,889
And then, if you went down,
there was a wood shop.
293
00:15:22,889 --> 00:15:25,758
Then he had an auto shop.
294
00:15:25,758 --> 00:15:30,129
He had an art collection
worth $6 to $7 million.
295
00:15:30,129 --> 00:15:34,567
SKIP: He started collecting
all the religious etchings
296
00:15:34,567 --> 00:15:35,735
that Rembrandt ever did.
297
00:15:35,735 --> 00:15:37,904
I think at one time
he owned almost all of them.
298
00:15:37,904 --> 00:15:40,406
- Then he had
what he called the showroom.
299
00:15:40,406 --> 00:15:43,309
And in that were
his fancy cars lined up.
300
00:15:43,309 --> 00:15:46,479
TIM:
He had baseball memorabilia.
301
00:15:46,479 --> 00:15:49,015
I was in this house one time,
and he showed me a baseball
302
00:15:49,015 --> 00:15:50,783
signed by Babe Ruth.
303
00:15:50,783 --> 00:15:53,553
- And on the far side
were literally
304
00:15:53,553 --> 00:15:56,355
hundreds of trophy animals.
305
00:16:02,361 --> 00:16:03,996
- I usually would
not go down there.
306
00:16:03,996 --> 00:16:06,098
It was not a fun place
for a little kid to go.
307
00:16:06,098 --> 00:16:11,804
GUNNING: Shawn was loving
his new man cave,
308
00:16:11,804 --> 00:16:13,840
and he was spending
all of his time there.
309
00:16:13,840 --> 00:16:15,007
But it came at a cost.
310
00:16:15,007 --> 00:16:17,009
[suspenseful music]
311
00:16:17,009 --> 00:16:18,978
JILL: Andrea took care
of the kids,
312
00:16:18,978 --> 00:16:20,713
but they weren't allowed
back there.
313
00:16:20,713 --> 00:16:21,814
That was his place.
314
00:16:21,814 --> 00:16:25,451
He had to be serious
about his work.
315
00:16:25,451 --> 00:16:28,855
- Shawn only made time
to be present
316
00:16:28,855 --> 00:16:31,257
for five or ten minutes a day
with our family.
317
00:16:34,093 --> 00:16:36,295
- We just didn't
spend a lot of time together
318
00:16:36,295 --> 00:16:37,630
like we would before.
319
00:16:39,966 --> 00:16:43,035
When we did, there would be
stories about trades he made,
320
00:16:43,035 --> 00:16:44,570
like, his success.
321
00:16:46,372 --> 00:16:49,342
- Even though Andrea was
appreciative of everything
322
00:16:49,342 --> 00:16:51,811
that Shawn has done
for the family financially,
323
00:16:51,811 --> 00:16:53,746
she started to think,
was it all worth it?
324
00:16:55,047 --> 00:16:58,518
- I went to him and said,
we don't need any more money.
325
00:16:58,518 --> 00:17:00,586
We need a dad at home.
326
00:17:00,586 --> 00:17:02,455
And he's like, I can't.
327
00:17:04,156 --> 00:17:06,058
I felt like that was crazy.
328
00:17:07,260 --> 00:17:10,563
I was totally happy
living one reality,
329
00:17:10,563 --> 00:17:13,332
not realizing
there might be another
330
00:17:13,332 --> 00:17:15,034
taking place at the same time.
331
00:17:15,034 --> 00:17:19,805
♪ ♪
332
00:17:26,746 --> 00:17:28,648
GUNNING:
Shawn is fully immersed
333
00:17:28,648 --> 00:17:30,249
in building his business,
334
00:17:30,249 --> 00:17:35,154
and that took a tremendous time
away from Andrea and the kids.
335
00:17:35,154 --> 00:17:37,924
But for Shawn, more clients
meant more money.
336
00:17:37,924 --> 00:17:40,660
MERRIMAN: When Shawn
started his business,
337
00:17:40,660 --> 00:17:43,262
he wanted high-value clients
338
00:17:43,262 --> 00:17:46,566
that could invest
250,000 or more.
339
00:17:46,566 --> 00:17:50,536
But over time, people from
the church or family members
340
00:17:50,536 --> 00:17:54,473
that didn't have as much money
approached him about investing.
341
00:17:54,473 --> 00:17:59,245
[pensive music]
342
00:17:59,245 --> 00:18:01,147
- I met Shawn Merriman
through the
343
00:18:01,147 --> 00:18:03,683
Auburn Cord Duesenberg
Car Club.
344
00:18:03,683 --> 00:18:06,485
And I found out that
a couple of the club members
345
00:18:06,485 --> 00:18:08,120
joined his investment club.
346
00:18:08,120 --> 00:18:10,723
And they said,
this guy is great, man.
347
00:18:10,723 --> 00:18:12,825
You should get in with him.
Minimum investment was $25,000.
348
00:18:12,825 --> 00:18:17,763
MERRIMAN: Shawn with Matthew
watching hunting videos.
349
00:18:17,763 --> 00:18:20,499
All of my siblings, my two
sisters, my two brothers
350
00:18:20,499 --> 00:18:21,834
had invested money with him.
351
00:18:21,834 --> 00:18:24,570
KIM: He always handled
my mom's money,
352
00:18:24,570 --> 00:18:26,973
and she was always
very happy with it.
353
00:18:26,973 --> 00:18:29,709
I had a little stash that
I called my Europe money.
354
00:18:29,709 --> 00:18:31,544
I was gonna go
on a trip to Europe.
355
00:18:31,544 --> 00:18:33,446
So I thought, invest that
356
00:18:33,446 --> 00:18:35,448
so it's not just
sitting in the bank.
357
00:18:36,849 --> 00:18:39,719
- Over time, I started
little savings accounts
358
00:18:39,719 --> 00:18:42,588
for each of my kids,
and I would build them up.
359
00:18:42,588 --> 00:18:44,824
And he'd say,
can I borrow those accounts?
360
00:18:44,824 --> 00:18:47,259
I wanna invest it for them.
361
00:18:47,259 --> 00:18:48,961
And I would
turn it over to him.
362
00:18:50,262 --> 00:18:51,630
When my mom passed away...
363
00:18:51,630 --> 00:18:55,534
MERRIMAN:
I had a small inheritance
364
00:18:55,534 --> 00:18:57,470
that I invested with him
as well.
365
00:18:57,470 --> 00:19:01,774
TIM: Every month,
we got a statement.
366
00:19:01,774 --> 00:19:03,609
And we're doing very well.
367
00:19:03,609 --> 00:19:04,543
Don't know what he's doing,
368
00:19:04,543 --> 00:19:05,778
but he's doing
something right.
369
00:19:05,778 --> 00:19:08,848
KIM: When I would get
the statements,
370
00:19:08,848 --> 00:19:12,551
I was gaining
almost $1,000 a month.
371
00:19:12,551 --> 00:19:14,587
It was crazy to me.
372
00:19:14,587 --> 00:19:16,255
Wow, my money is
doing something.
373
00:19:16,255 --> 00:19:17,223
This is investing.
374
00:19:17,223 --> 00:19:21,293
GUNNING:
Everything is going great.
375
00:19:21,293 --> 00:19:23,362
Shawn is making a lot of money
for his clients,
376
00:19:23,362 --> 00:19:25,965
and he's also making a lot
of money for his family.
377
00:19:25,965 --> 00:19:28,234
And then the economy
starts to change.
378
00:19:28,234 --> 00:19:30,803
TIM: Now, this is
right around when
379
00:19:30,803 --> 00:19:32,638
the housing crisis
started around 2008,
380
00:19:32,638 --> 00:19:34,607
and the market's tanking.
381
00:19:34,607 --> 00:19:36,676
REPORTER: The National
Association of Realtors
382
00:19:36,676 --> 00:19:38,611
reported the worst
month-to-month drop
383
00:19:38,611 --> 00:19:39,979
in existing home sales
384
00:19:39,979 --> 00:19:42,381
since they started
keeping track in the late '90s.
385
00:19:42,381 --> 00:19:44,150
- The ripple effects
from the housing slump
386
00:19:44,150 --> 00:19:46,986
is, in fact, taking its toll
on the U.S. economy.
387
00:19:48,120 --> 00:19:50,456
- By that time,
we probably had put maybe
388
00:19:50,456 --> 00:19:52,858
$50,000, $75,000 in with him.
389
00:19:52,858 --> 00:19:54,393
Well, he kept making money,
390
00:19:54,393 --> 00:19:55,928
according to
the monthly statements.
391
00:19:55,928 --> 00:19:58,864
[suspenseful music]
392
00:19:58,864 --> 00:20:02,034
We were at a Christmas party
for the classic car club.
393
00:20:02,034 --> 00:20:05,271
[soft festive music]
394
00:20:05,271 --> 00:20:08,474
♪ ♪
395
00:20:08,474 --> 00:20:11,677
And another investor
came up to me.
396
00:20:11,677 --> 00:20:14,013
He says, Tim,
what do you think about Shawn?
397
00:20:14,013 --> 00:20:17,683
The market is tanking,
and we're still making money
398
00:20:17,683 --> 00:20:18,884
hand over fist, you know?
399
00:20:18,884 --> 00:20:22,154
And I says, yeah,
it's kind of questionable.
400
00:20:22,154 --> 00:20:25,324
And another investor came up
to us at the same party,
401
00:20:25,324 --> 00:20:26,992
and he says, no way.
402
00:20:26,992 --> 00:20:30,029
I mean, Shawn is
a bishop in the church.
403
00:20:30,029 --> 00:20:32,631
We put a lot of money in.
It was doing very well.
404
00:20:32,631 --> 00:20:33,666
So we're staying with him.
405
00:20:33,666 --> 00:20:34,767
And we left it there.
406
00:20:34,767 --> 00:20:39,738
GUNNING: While Shawn's clients
are convinced
407
00:20:39,738 --> 00:20:41,874
that he's managing
their investments well,
408
00:20:41,874 --> 00:20:44,043
the financial market
begins to freefall.
409
00:20:45,044 --> 00:20:48,114
- Wall Street today took
a nosedive sharp enough
410
00:20:48,114 --> 00:20:50,182
to make investors' ears pop.
411
00:20:50,182 --> 00:20:51,117
GEORGE W. BUSH:
We are in the midst
412
00:20:51,117 --> 00:20:53,252
of a serious financial crisis.
413
00:20:53,252 --> 00:20:55,387
Our entire economy
is in danger.
414
00:20:56,655 --> 00:20:57,990
- My name is Dave Neueswander.
415
00:20:57,990 --> 00:21:01,927
I'm a securities investor
for the state of Utah.
416
00:21:01,927 --> 00:21:06,565
And my job is to investigate
and prevent fraud.
417
00:21:06,565 --> 00:21:09,502
What happened with
the stock market in 2008,
418
00:21:09,502 --> 00:21:10,436
everything dropped.
419
00:21:10,436 --> 00:21:13,072
It didn't really matter
what you were invested in.
420
00:21:13,072 --> 00:21:15,541
Shawn starts to see
the writing on the wall.
421
00:21:15,541 --> 00:21:16,976
I would imagine
the same thing was
422
00:21:16,976 --> 00:21:18,244
happening to Shawn's clients.
423
00:21:18,244 --> 00:21:20,446
They were calling, saying,
hey, get me out of the market.
424
00:21:20,446 --> 00:21:22,448
Send me a check.
I need my money back.
425
00:21:22,448 --> 00:21:27,086
MERRIMAN:
March 18, 2009,
426
00:21:27,086 --> 00:21:29,388
I got the kids off to school,
and my phone rings.
427
00:21:29,388 --> 00:21:31,724
[phone rings]
428
00:21:31,724 --> 00:21:34,026
And it's Shawn.
429
00:21:34,026 --> 00:21:37,530
And he said, Andrea,
I need you to come home.
430
00:21:37,530 --> 00:21:39,865
[ominous music]
431
00:21:39,865 --> 00:21:42,501
That was really
uncharacteristic of him.
432
00:21:44,637 --> 00:21:46,639
I drive home. I went in.
433
00:21:48,240 --> 00:21:49,575
And he kind of looked at me.
434
00:21:51,143 --> 00:21:55,014
And he said, I've been
living a secret double life.
435
00:21:55,014 --> 00:21:58,484
♪ ♪
436
00:22:04,456 --> 00:22:06,625
GUNNING: Shawn was managing
investments for clients,
437
00:22:06,625 --> 00:22:09,461
friends, and family
for nearly 15 years,
438
00:22:09,461 --> 00:22:12,097
and everyone was
thrilled with the results
439
00:22:12,097 --> 00:22:14,266
until the financial crisis
of 2008.
440
00:22:14,266 --> 00:22:16,836
[suspenseful music]
441
00:22:16,836 --> 00:22:21,540
- Shawn said, my company,
Market Street Advisors,
442
00:22:21,540 --> 00:22:22,474
is a sham.
443
00:22:22,474 --> 00:22:24,143
I was running a Ponzi scheme.
444
00:22:24,143 --> 00:22:28,547
♪ ♪
445
00:22:28,547 --> 00:22:29,949
I am floored.
446
00:22:29,949 --> 00:22:33,652
It was never a moment I
expected to happen in my life.
447
00:22:36,222 --> 00:22:39,558
This man, who I believe
is a good man,
448
00:22:39,558 --> 00:22:42,161
an honest man,
a God-fearing man,
449
00:22:42,161 --> 00:22:44,296
an upstanding member
of the community.
450
00:22:45,497 --> 00:22:48,901
In reality,
he's a dark, awful, horrible,
451
00:22:48,901 --> 00:22:50,703
greedy criminal.
452
00:22:51,971 --> 00:22:53,339
It was just surreal.
453
00:22:53,339 --> 00:23:02,147
- A Ponzi scheme basically
is where someone gives you
454
00:23:02,147 --> 00:23:03,549
their money to invest,
455
00:23:03,549 --> 00:23:06,819
but then this money is then
going out the back door
456
00:23:06,819 --> 00:23:10,322
to pay for someone else
who is invested as well.
457
00:23:10,322 --> 00:23:12,491
So it's a continual process.
458
00:23:12,491 --> 00:23:14,193
You need to bring in new money
459
00:23:14,193 --> 00:23:17,263
so that you can go
and take care of people
460
00:23:17,263 --> 00:23:18,597
who want their money back.
461
00:23:18,597 --> 00:23:23,435
GUNNING: Ponzi schemes
can operate for years,
462
00:23:23,435 --> 00:23:25,471
as long as there are
a stream of new investors
463
00:23:25,471 --> 00:23:26,805
to keep the money flowing.
464
00:23:26,805 --> 00:23:29,842
But once withdrawals
exceed the contributions,
465
00:23:29,842 --> 00:23:33,012
the entire structure collapses,
leaving investors with nothing.
466
00:23:33,012 --> 00:23:35,180
CHRIS:
During that era,
467
00:23:35,180 --> 00:23:37,116
there was
a rash of Ponzi schemes.
468
00:23:37,116 --> 00:23:38,784
Shawn Merriman's case
came to light
469
00:23:38,784 --> 00:23:41,320
in the same general time frame
as Bernie Madoff,
470
00:23:41,320 --> 00:23:43,422
one of the most famous
Ponzi schemes.
471
00:23:43,422 --> 00:23:45,924
REPORTER: Fixture on
Wall Street Bernie Madoff,
472
00:23:45,924 --> 00:23:47,493
arrested by the FBI.
473
00:23:47,493 --> 00:23:50,262
- It was just shocking
and overwhelming.
474
00:23:50,262 --> 00:23:52,531
My mind was just reeling.
475
00:23:54,133 --> 00:23:55,934
Then he said,
I hired an attorney.
476
00:23:55,934 --> 00:23:59,038
I went and met him and told
him what I'd been doing.
477
00:23:59,038 --> 00:24:02,107
And we went and met
with representatives
478
00:24:02,107 --> 00:24:06,245
of the federal government
and revealed my crimes to them.
479
00:24:08,080 --> 00:24:09,848
He destroyed my universe.
480
00:24:11,650 --> 00:24:16,155
- After the first $400,000,
he never invested a dime.
481
00:24:16,155 --> 00:24:17,456
He just spent the money.
482
00:24:17,456 --> 00:24:19,825
And he knew that there was
just no defense to that.
483
00:24:19,825 --> 00:24:21,527
So he confessed.
484
00:24:21,527 --> 00:24:23,562
- But he didn't get arrested
right away.
485
00:24:23,562 --> 00:24:25,464
The investigators needed time
486
00:24:25,464 --> 00:24:27,399
to collect evidence
and build a case.
487
00:24:27,399 --> 00:24:29,635
So it would be weeks
before he would be charged
488
00:24:29,635 --> 00:24:31,203
and months before
he would be sentenced.
489
00:24:31,203 --> 00:24:34,039
MERRIMAN: I didn't know
what I was gonna do,
490
00:24:34,039 --> 00:24:36,108
and I couldn't
comprehend anything.
491
00:24:36,108 --> 00:24:37,543
Everything is racing.
492
00:24:37,543 --> 00:24:40,079
But I remember saying to him,
493
00:24:40,079 --> 00:24:42,614
well, at least the house
is paid off.
494
00:24:42,614 --> 00:24:45,851
So the kids and I would
have a place to live.
495
00:24:45,851 --> 00:24:47,653
And he said, no,
you don't understand.
496
00:24:47,653 --> 00:24:49,722
The house is gone.
The cars are gone.
497
00:24:49,722 --> 00:24:52,391
The savings are gone.
The investments are gone.
498
00:24:52,391 --> 00:24:56,095
Everything of value is frozen
and scheduled for seizure
499
00:24:56,095 --> 00:24:57,596
by the federal government.
500
00:24:59,865 --> 00:25:04,603
And that was the worst moment.
501
00:25:04,603 --> 00:25:09,541
♪ ♪
502
00:25:09,541 --> 00:25:13,245
I just felt like I had fallen
into the center of the Earth,
503
00:25:13,245 --> 00:25:16,882
and there was not
gonna be any way out.
504
00:25:19,151 --> 00:25:23,355
And in that moment,
I just thought, I gotta run.
505
00:25:23,355 --> 00:25:24,857
I have to get out of here.
506
00:25:24,857 --> 00:25:29,261
And I ran to my car and picked
up the phone to call for help.
507
00:25:32,164 --> 00:25:34,566
My first call
was to my sister.
508
00:25:34,566 --> 00:25:41,306
KIM: I was so stunned.
I just sat there.
509
00:25:41,306 --> 00:25:44,143
I sat there for so long that
she thought I hung up on her.
510
00:25:46,044 --> 00:25:49,681
Wow, that means he was
going to go to prison,
511
00:25:49,681 --> 00:25:52,117
and she would probably
lose everything.
512
00:25:52,117 --> 00:25:55,721
And that is when I just--
513
00:25:55,721 --> 00:25:58,056
I was so, so blown away.
514
00:25:58,056 --> 00:26:00,526
Sorry, I didn't even think
I'd get emotional about it.
515
00:26:05,064 --> 00:26:07,666
And I think in hindsight now,
516
00:26:07,666 --> 00:26:09,902
I see how devastating
it was and...
517
00:26:12,571 --> 00:26:16,341
how scary that would be,
as a mother of four kids,
518
00:26:17,810 --> 00:26:20,813
to find out
all that was happening
519
00:26:20,813 --> 00:26:22,381
and that
your whole life is being
520
00:26:22,381 --> 00:26:23,582
ripped out from under you.
521
00:26:23,582 --> 00:26:29,688
GUNNING: And there were other
innocent victims at home.
522
00:26:31,223 --> 00:26:35,494
Their children
were ages 3 to 16.
523
00:26:35,494 --> 00:26:38,564
And as hard as this
conversation was going to be,
524
00:26:38,564 --> 00:26:40,899
they needed to understand
what was about to unfold.
525
00:26:40,899 --> 00:26:46,405
MERRIMAN: That night,
we're all in our family room.
526
00:26:46,405 --> 00:26:51,910
♪ ♪
527
00:26:51,910 --> 00:26:55,180
And he said, well,
I need to tell you
528
00:26:55,180 --> 00:26:58,584
that I've made
a little mistake.
529
00:26:58,584 --> 00:27:00,986
And I'm over there
from the other side going,
530
00:27:00,986 --> 00:27:04,623
you have lied not just once,
but many times.
531
00:27:06,258 --> 00:27:10,762
And then he says,
I have stolen some money.
532
00:27:10,762 --> 00:27:13,031
And I'm over there going,
$20 million?
533
00:27:16,101 --> 00:27:19,037
And I'll be going away
for a little while.
534
00:27:19,037 --> 00:27:22,975
And I'm over there saying, to
federal prison for many years.
535
00:27:22,975 --> 00:27:26,912
Like, I just felt like
he was minimizing all of it.
536
00:27:29,081 --> 00:27:32,351
The kids were
shocked and stunned.
537
00:27:32,351 --> 00:27:33,785
They all were crying.
538
00:27:34,786 --> 00:27:39,625
And then my
nine-year-old said, wait,
539
00:27:39,625 --> 00:27:42,494
does this mean
you're going to divorce Dad?
540
00:27:44,663 --> 00:27:46,632
- When you're nine years old,
you don't really
541
00:27:46,632 --> 00:27:49,401
understand things like that.
542
00:27:49,401 --> 00:27:51,770
You go from just
being a normal kid,
543
00:27:51,770 --> 00:27:55,774
thinking life is life
to confusion.
544
00:27:55,774 --> 00:27:58,176
It doesn't feel real when
something like that happens.
545
00:27:58,176 --> 00:28:03,482
MERRIMAN:
That's how crime is.
546
00:28:03,482 --> 00:28:10,022
It is a mess, and the fallout
is always so much more.
547
00:28:10,022 --> 00:28:13,492
It's a ripple effect,
and it doesn't just hurt you.
548
00:28:13,492 --> 00:28:17,329
It destroys marriages,
families,
549
00:28:17,329 --> 00:28:21,867
lives, friendships,
relationships,
550
00:28:21,867 --> 00:28:23,368
sometimes for all time.
551
00:28:26,138 --> 00:28:28,640
- It didn't take long for
Shawn's investors to find out
552
00:28:28,640 --> 00:28:29,641
that they were victims
553
00:28:29,641 --> 00:28:31,643
of a multimillion dollar
Ponzi scheme.
554
00:28:31,643 --> 00:28:33,445
[suspenseful music]
555
00:28:33,445 --> 00:28:36,348
TIM: I had just flown into
the airport from New York,
556
00:28:36,348 --> 00:28:38,050
and I was on my way home
in my car.
557
00:28:38,050 --> 00:28:41,053
And I got a call
from another investor.
558
00:28:41,053 --> 00:28:44,489
He said, hey, Tim,
it's all a Ponzi scheme.
559
00:28:44,489 --> 00:28:45,591
We lost all our money.
560
00:28:45,591 --> 00:28:49,962
MATT:
He did wreck a lot of lives.
561
00:28:49,962 --> 00:28:52,864
He stole a lot of money
from investors,
562
00:28:52,864 --> 00:28:54,800
stole a of money from family.
563
00:28:54,800 --> 00:28:59,638
- In situations like this,
people can lose their minds.
564
00:29:02,140 --> 00:29:04,576
And a lot of dangerous
things can happen.
565
00:29:04,576 --> 00:29:08,580
[tense music]
566
00:29:08,580 --> 00:29:13,585
One night, a neighbor, who lost
a substantial sum of money,
567
00:29:15,087 --> 00:29:18,323
he was so angry with Shawn,
and he had a gun.
568
00:29:22,227 --> 00:29:25,130
And he came over to our house,
climbed the steps
569
00:29:25,130 --> 00:29:27,432
of the front porch,
made it to our front door,
570
00:29:28,800 --> 00:29:30,969
ready to blow someone away.
571
00:29:30,969 --> 00:29:33,205
[tense music]
572
00:29:40,445 --> 00:29:41,480
GUNNING: Over the 15 years
573
00:29:41,480 --> 00:29:43,315
that Shawn ran
this Ponzi scheme,
574
00:29:43,315 --> 00:29:45,651
he had dozens of investors
that invested
575
00:29:45,651 --> 00:29:48,587
a million dollars or more,
and now it was all gone.
576
00:29:48,587 --> 00:29:52,090
SKIP:
Initially, there's this shock.
577
00:29:52,090 --> 00:29:54,026
Nobody can believe
what's happening.
578
00:29:54,026 --> 00:29:55,594
Then there's this anger
that comes,
579
00:29:55,594 --> 00:29:57,729
and the anger gets kind of
directed at the whole family.
580
00:29:57,729 --> 00:29:59,865
[knocking on door]
581
00:29:59,865 --> 00:30:01,967
♪ ♪
582
00:30:01,967 --> 00:30:04,102
GUNNING:
For one investor,
583
00:30:04,102 --> 00:30:06,171
who was actually
a neighbor of theirs,
584
00:30:06,171 --> 00:30:08,507
the loss was too great
to bear.
585
00:30:08,507 --> 00:30:11,476
So he went over to
the Merriman home with a gun.
586
00:30:11,476 --> 00:30:16,882
MERRIMAN: I remember thinking
to myself, the end was near.
587
00:30:20,686 --> 00:30:24,289
I am there
with kids looking at me.
588
00:30:25,891 --> 00:30:28,093
- None of us had any idea
of what was happening.
589
00:30:28,093 --> 00:30:30,929
GUNNING: It was
a terrifying situation.
590
00:30:32,831 --> 00:30:35,300
Luckily, this man eventually
came to his senses,
591
00:30:35,300 --> 00:30:37,002
put the gun down,
and walked away.
592
00:30:37,002 --> 00:30:43,342
SKIP: To me, I was like,
this is craziness.
593
00:30:43,342 --> 00:30:44,609
I don't understand this at all.
594
00:30:44,609 --> 00:30:46,311
And I remember thinking
that the whole thing is ugly.
595
00:30:49,481 --> 00:30:51,183
- I've had a chance
to go and listen
596
00:30:51,183 --> 00:30:54,619
to some of the victims,
and it's heart-wrenching
597
00:30:54,619 --> 00:30:55,620
to hear them.
598
00:30:56,788 --> 00:30:58,490
This was their life savings.
599
00:30:58,490 --> 00:31:00,959
They have no more retirement.
600
00:31:00,959 --> 00:31:02,661
In my experience,
a lot of people
601
00:31:02,661 --> 00:31:03,962
never really get over it.
602
00:31:03,962 --> 00:31:06,465
TIM: Our friend,
they said, we trusted him.
603
00:31:06,465 --> 00:31:09,568
You know, Mormon bishop
and all this other stuff,
604
00:31:09,568 --> 00:31:12,838
we trusted him with all this
money, and now we lost it all.
605
00:31:12,838 --> 00:31:16,041
GUNNING: Word of Shawn's
crimes started to spread,
606
00:31:16,041 --> 00:31:19,111
and news media started
to take interest in the story.
607
00:31:19,111 --> 00:31:21,246
- Among the swindled investors
are even some
608
00:31:21,246 --> 00:31:22,681
of Merriman's own neighbors.
609
00:31:22,681 --> 00:31:24,716
Some lost
their retirement savings.
610
00:31:24,716 --> 00:31:26,418
We're told,
in at least one case,
611
00:31:26,418 --> 00:31:28,320
a man is going to lose
his home.
612
00:31:28,320 --> 00:31:29,121
- Very sad.
613
00:31:29,121 --> 00:31:30,956
The people who had invested
with him, I think, really
614
00:31:30,956 --> 00:31:33,191
trusted him and thought that
they were friends with him.
615
00:31:33,191 --> 00:31:37,462
MERRIMAN: I remember feeling
complete humiliation
616
00:31:37,462 --> 00:31:40,599
that everything related
to the demise of my family
617
00:31:40,599 --> 00:31:43,034
was playing out
on national television.
618
00:31:44,736 --> 00:31:49,307
The media dubbed Shawn
"The Mormon Madoff."
619
00:31:49,307 --> 00:31:51,810
That was a combo
of his religion
620
00:31:51,810 --> 00:31:55,480
and the infamous Ponzi schemer,
Bernie Madoff.
621
00:31:56,915 --> 00:31:58,750
- A few weeks later,
federal agents
622
00:31:58,750 --> 00:31:59,851
show up at Andrea's home.
623
00:31:59,851 --> 00:32:03,288
MERRIMAN:
They just went through
624
00:32:03,288 --> 00:32:06,792
every room of the house,
looking for things of value.
625
00:32:06,792 --> 00:32:09,728
GUNNING: They start
taking everything--
626
00:32:09,728 --> 00:32:14,733
the cars, the boats, the
artwork, anything worth money.
627
00:32:14,733 --> 00:32:17,335
And these items were going
to auction in hopes that
628
00:32:17,335 --> 00:32:19,438
it could pay back
Shawn's victims.
629
00:32:19,438 --> 00:32:21,706
There are federal agents,
government vehicles,
630
00:32:21,706 --> 00:32:22,841
all on her property.
631
00:32:22,841 --> 00:32:25,377
I mean, it was a spectacle
for her community.
632
00:32:25,377 --> 00:32:31,917
MERRIMAN: My neighbors took
to gathering right next door.
633
00:32:31,917 --> 00:32:34,319
And they would just drink.
634
00:32:34,319 --> 00:32:37,189
And they're all watching the
horror going on at our house,
635
00:32:37,189 --> 00:32:39,191
laughing, joking like
they're at a party.
636
00:32:43,028 --> 00:32:46,464
At the same time, I remember
Shawn saying to me,
637
00:32:46,464 --> 00:32:48,133
well, at least you had
a good life.
638
00:32:48,133 --> 00:32:50,535
At least you got to see
a lot of fun places.
639
00:32:50,535 --> 00:32:53,438
At least you got a lot
of fun vacations out of it.
640
00:33:00,278 --> 00:33:02,814
- And I just lost it on him.
641
00:33:02,814 --> 00:33:06,685
I said, I don't love
that I did any of that.
642
00:33:06,685 --> 00:33:10,188
Everything was so tainted,
even the memories.
643
00:33:10,188 --> 00:33:12,457
[somber music]
644
00:33:12,457 --> 00:33:16,828
I looked at him and said, you
realize I have to divorce you.
645
00:33:21,266 --> 00:33:25,403
And he didn't believe
that that was necessary.
646
00:33:25,403 --> 00:33:28,006
And I said, no, no.
[scoffs]
647
00:33:28,006 --> 00:33:30,909
With all you've done,
all I know is,
648
00:33:30,909 --> 00:33:33,578
divorce is the consequence
of that.
649
00:33:35,881 --> 00:33:37,616
- Andrea realizes
there's nothing
650
00:33:37,616 --> 00:33:38,917
left for her in Colorado.
651
00:33:42,153 --> 00:33:46,024
- I knew that I had to figure
out where I was gonna live,
652
00:33:46,024 --> 00:33:48,360
where I was gonna go,
make arrangements for a house,
653
00:33:48,360 --> 00:33:49,594
try to find a job.
654
00:33:49,594 --> 00:33:54,432
JILL: She was putting stuff
in the car to drive to Utah
655
00:33:54,432 --> 00:33:55,534
to look for a place to live.
656
00:33:58,403 --> 00:34:00,839
And so I packed a bag,
and I came with her.
657
00:34:03,508 --> 00:34:04,009
Sorry.
658
00:34:06,678 --> 00:34:08,813
I drove with her
to Utah to be her friend.
659
00:34:08,813 --> 00:34:13,752
MERRIMAN: I drove away
without a backward glance
660
00:34:13,752 --> 00:34:14,719
to the neighborhood.
661
00:34:17,989 --> 00:34:21,393
And what I arrived to
in Utah was,
662
00:34:21,393 --> 00:34:24,029
I moved into
my brother's basement.
663
00:34:25,297 --> 00:34:28,566
It was embarrassing.
It was sad.
664
00:34:28,566 --> 00:34:29,935
It was frustrating.
665
00:34:29,935 --> 00:34:33,071
KIM: From where she had been
in her life...
666
00:34:35,340 --> 00:34:36,708
that was quite a step down.
667
00:34:36,708 --> 00:34:41,246
GUNNING: Andrea's life
has fallen apart,
668
00:34:41,246 --> 00:34:43,148
but there was one thing
that was about to happen
669
00:34:43,148 --> 00:34:44,616
that she did not expect.
670
00:34:44,616 --> 00:34:48,486
♪ ♪
671
00:34:53,825 --> 00:34:56,328
GUNNING: As Andrea attempts
to rebuild her life in Utah,
672
00:34:56,328 --> 00:34:58,330
back in Colorado,
federal prosecutors
673
00:34:58,330 --> 00:34:59,831
are building their case
against Shawn.
674
00:34:59,831 --> 00:35:02,300
[pensive music]
675
00:35:02,300 --> 00:35:04,803
During this time,
Andrea's divorce is finalized,
676
00:35:04,803 --> 00:35:06,705
and she decides
that she's not gonna go back
677
00:35:06,705 --> 00:35:08,473
to Denver for Shawn's
sentencing hearing.
678
00:35:08,473 --> 00:35:11,242
JILL:
She called and asked me,
679
00:35:11,242 --> 00:35:13,378
can you please
go to the courthouse
680
00:35:13,378 --> 00:35:15,847
to see what
his sentencing would be?
681
00:35:17,515 --> 00:35:20,218
It was hard to be
in that courtroom.
682
00:35:20,218 --> 00:35:22,988
Shawn was shackled
and in his yellow jumpsuit.
683
00:35:22,988 --> 00:35:25,056
And he said, come here.
684
00:35:25,056 --> 00:35:26,057
Jill, can you come here?
685
00:35:27,425 --> 00:35:30,195
He just told me to tell Andrea
he loved her,
686
00:35:30,195 --> 00:35:32,097
and it was just weird.
687
00:35:34,232 --> 00:35:35,233
I just turned around
and walked
688
00:35:35,233 --> 00:35:37,302
to the back of the courtroom
and sat there
689
00:35:37,302 --> 00:35:38,503
waiting for the sentencing.
690
00:35:40,538 --> 00:35:44,342
- Several of the investors,
the car guys were there.
691
00:35:44,342 --> 00:35:46,711
Shawn was crying at one time.
692
00:35:46,711 --> 00:35:50,815
KIM: I feel like he's
very sad that he got caught,
693
00:35:50,815 --> 00:35:54,285
not that he ran
a Ponzi scheme.
694
00:35:54,285 --> 00:35:58,656
I don't think that he's ever
been remorseful about that.
695
00:35:58,656 --> 00:36:02,660
MERRIMAN: His sentence
was 12 1/2 years
696
00:36:02,660 --> 00:36:04,029
in federal prison,
697
00:36:04,029 --> 00:36:06,831
convicted of stealing
more than $20 million.
698
00:36:08,266 --> 00:36:12,137
He had around 40 or so victims.
699
00:36:12,137 --> 00:36:15,373
DAVE: He even took
his parents' money,
700
00:36:15,373 --> 00:36:18,376
and he lost
his parents' money.
701
00:36:18,376 --> 00:36:22,080
The fact that that was
not impacting Shawn
702
00:36:22,080 --> 00:36:26,451
really tells you the inner
workings of his moral compass.
703
00:36:26,451 --> 00:36:28,153
- In addition to
the prison sentence,
704
00:36:28,153 --> 00:36:29,688
Shawn was required to pay back
705
00:36:29,688 --> 00:36:32,023
the more than $20 million
that he stole.
706
00:36:32,023 --> 00:36:33,825
The sale of the assets
that were seized
707
00:36:33,825 --> 00:36:35,694
raised about $5 million.
708
00:36:35,694 --> 00:36:38,229
But that wasn't enough
to pay back everybody.
709
00:36:39,764 --> 00:36:44,202
- I've never seen
any restitution at all.
710
00:36:44,202 --> 00:36:46,838
I didn't expect to see
any restitution.
711
00:36:46,838 --> 00:36:48,907
TIM:
The million-dollar guys,
712
00:36:48,907 --> 00:36:50,875
they're still waiting
for money.
713
00:36:50,875 --> 00:36:53,645
They're still extremely angry.
714
00:36:53,645 --> 00:36:54,779
And I don't blame them.
715
00:36:54,779 --> 00:36:58,283
- He can go to prison
and "pay his time,"
716
00:36:58,283 --> 00:37:01,553
but his victims are
sentenced to something
717
00:37:01,553 --> 00:37:03,121
for the rest of their lives.
718
00:37:03,121 --> 00:37:09,327
GUNNING: Despite going to
prison, Shawn was desperate
719
00:37:09,327 --> 00:37:10,962
to still be a part
of his kids' lives.
720
00:37:12,130 --> 00:37:15,100
- My first birthday when he
was in prison, he called me,
721
00:37:15,100 --> 00:37:17,669
and I just remember,
he was crying,
722
00:37:17,669 --> 00:37:19,404
couldn't stop saying sorry.
723
00:37:19,404 --> 00:37:21,706
And then reality kinda set in.
724
00:37:21,706 --> 00:37:23,441
Like, yeah, he's in prison.
725
00:37:23,441 --> 00:37:26,811
So you don't have the same
relationship you once did.
726
00:37:27,979 --> 00:37:30,949
- As hard as it was,
Andrea and her family
727
00:37:30,949 --> 00:37:32,684
worked to move on
from what had happened.
728
00:37:32,684 --> 00:37:36,888
[pensive music]
729
00:37:36,888 --> 00:37:40,525
MERRIMAN: Post-betrayal,
I was really fortunate.
730
00:37:40,525 --> 00:37:43,862
I got offered a job
in a down economy,
731
00:37:43,862 --> 00:37:48,566
and friends helped me
arrange a place to stay.
732
00:37:48,566 --> 00:37:51,002
So I had a house
taken care of.
733
00:37:51,002 --> 00:37:55,306
And then, eventually, I was
able to earn a master's degree.
734
00:37:56,941 --> 00:37:58,810
I never realized
this could be me.
735
00:38:03,615 --> 00:38:06,918
I've met a few men
in the years since my divorce.
736
00:38:06,918 --> 00:38:08,520
Every one of them,
when they found out
737
00:38:08,520 --> 00:38:12,657
I was basically in poverty,
were like, no, thank you.
738
00:38:12,657 --> 00:38:16,261
But the voice in my head
kept saying, don't give up.
739
00:38:16,261 --> 00:38:20,231
I'm so glad I didn't give up
because the voice in my head
740
00:38:20,231 --> 00:38:21,432
turned out to be right.
741
00:38:21,432 --> 00:38:24,802
[soft exciting music]
742
00:38:24,802 --> 00:38:25,904
DAVE:
We met for lunch,
743
00:38:25,904 --> 00:38:28,606
and she was so easy
to talk to.
744
00:38:29,974 --> 00:38:35,547
I was attracted to how smart
she was, how talented she was,
745
00:38:35,547 --> 00:38:39,984
her life experiences,
and I think she's beautiful.
746
00:38:39,984 --> 00:38:43,955
GUNNING: Dave had worked
in the financial world
747
00:38:43,955 --> 00:38:45,557
his entire career.
748
00:38:45,557 --> 00:38:48,226
And although he didn't
work on Shawn's case,
749
00:38:48,226 --> 00:38:51,062
he understood what
Andrea had gone through.
750
00:38:51,062 --> 00:38:53,765
And that created a unique bond
between the two of them.
751
00:38:53,765 --> 00:38:56,201
- It was just
a great courtship,
752
00:38:56,201 --> 00:38:58,203
very easy to fall in love.
753
00:38:59,370 --> 00:39:02,273
We've been married
going on four years now.
754
00:39:03,541 --> 00:39:05,510
KIM: Andrea is
very happy right now.
755
00:39:05,510 --> 00:39:07,912
She just started
to shine again.
756
00:39:07,912 --> 00:39:11,049
- Andrea continues her healing
journey from this betrayal.
757
00:39:11,049 --> 00:39:13,051
And her husband, Dave,
takes pride
758
00:39:13,051 --> 00:39:15,286
in taking down perpetrators
like Shawn.
759
00:39:15,286 --> 00:39:18,656
MERRIMAN: He's working
and doing that every day,
760
00:39:18,656 --> 00:39:19,891
and I love it.
761
00:39:19,891 --> 00:39:21,893
Makes sure that
what happened to me
762
00:39:21,893 --> 00:39:23,528
never happens to anyone else.
763
00:39:23,528 --> 00:39:31,169
GUNNING: Andrea, what do you
feel are some of the lessons
764
00:39:31,169 --> 00:39:33,104
that you learned
through the experience?
765
00:39:33,104 --> 00:39:37,909
MERRIMAN: The biggest lessons
I learned were,
766
00:39:37,909 --> 00:39:41,012
we absolutely can't
control all the experiences
767
00:39:41,012 --> 00:39:42,447
that come our way.
768
00:39:42,447 --> 00:39:45,617
But I just don't believe
that we can
769
00:39:45,617 --> 00:39:47,518
or should let them stop us.
770
00:39:50,221 --> 00:39:55,727
So many people are
living hard experiences.
771
00:39:55,727 --> 00:39:58,930
And maybe,
instead of judging people,
772
00:39:58,930 --> 00:40:00,498
we should see what we can do
773
00:40:00,498 --> 00:40:03,234
to lift and inspire
someone else
774
00:40:03,234 --> 00:40:06,037
and help someone else
make their own comeback
775
00:40:06,037 --> 00:40:08,673
and overcome their own loss
or their own betrayal.
776
00:40:10,742 --> 00:40:13,778
And then, beyond that, we just
each have to be good people
777
00:40:13,778 --> 00:40:17,882
and make sure we're never the
one that commits a betrayal.
778
00:40:17,882 --> 00:40:22,387
♪ ♪
60005
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