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In this episode of American Greed.

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On an exclusive island, word spreads
about a new arrival.

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Oh, there's like your highness or his
highness.

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A Saudi prince has blessed Miami with
his presence.

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He talked the part, he dressed the part,
he drove the part.

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With a massive oil IPO looming.

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His Highness brings in more than $8
million by promising investors a share

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his unfathomable wealth. The idea that
there was a Saudi prince in Miami, it

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whet the appetite of very many people.

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But despite the bling he shows off on
Instagram... You know what it is?

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You know what it is?

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It turns out that this Saudi prince is
just a... King of cons.

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He looked like an overweight Hispanic
guy from South America.

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It just looked preposterous.

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Preposterous. So who is this royal
scammer?

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And how does he pull off his princely
scheme?

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There could be any number of reasons why
people find him to be credible. But

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they do.

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And they do it again and again. It's
really quite a job.

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Just off the causeway connecting
downtown Miami to Miami Beach, there's a

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driveway few have ever seen.

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Here, cars board a ferry that crosses a
narrow channel to an ultra -exclusive

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enclave called Fisher Island.

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Forget 90210.

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Fisher Island has an average salary of
$669 ,000 a year.

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Making 33109 America's richest zip code.

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You've got Tom Cruise, Oprah Winfrey,
you name it, they've got residents

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And you have to take a ferry to get
there. And they leave on the half hour,

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there's a sense of exclusivity.

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In March 2017, a man in his late 40s
takes the keys to his new penthouse home

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the island.

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When he does, he signs the papers as
Khalid bin Sultan Al Saud.

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He shares a last name with members of
Saudi Arabia's ruling family.

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And to those who catch a glimpse, he
looks the part.

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He's got the, you know...

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Rolexes, he's got the elaborate jewelry,
the Cartier bracelet.

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He had all the high -end luxury
vehicles, Bentleys, Ferraris, Rolls

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When he hits the streets, the prince is
accompanied by a bodyguard with a badge

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that reads Diplomatic Security Service.

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And his cars are adorned with diplomatic
plates.

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Among those the prince meets in Miami is
Hall of Fame sportscaster Leslie

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Bisser. He would dress in the flowing
linen, always looked like the latest. He

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wore the latest Gucci fur slippers,
which I had to go home and Google. I

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I'd never seen anything like that.

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And, of course, he had that ridiculous
necklace for Foxy, which was diamond

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-encrusted like, you know, Elizabeth
Taylor used to wear.

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Though Visser has spent her life around
the good and the great, the prince

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impresses her with various stories about
his royal upbringing and deep pockets.

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I remember once my husband Bob asked him
which one of the king's wives was his

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mother, and he said, oh, the good one.

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And he just didn't doubt him. You know,
he talked the part, he dressed the part,

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he drove the part.

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So we said, wow, that's really
interesting.

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Soon, Fisher Island's residents are
whispering about the enclave's newest

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arrival.

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Oh, there's like your highness or his
highness.

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People from Fisher Island didn't know
how to respond, you know, and so he'd

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one of... People in this group are like,
well, you know, you can just bow a

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little bit. And, you know, he is a
prince after all. And people are like,

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I guess I will do that.

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The prince isn't just making his
presence known to his neighbors.

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His Instagram is an ostentatious catalog
of his royal wealth.

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You know what it is? We shut the pools
down so that a boss can slam in private.

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Yeah, you know what it is?

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Presidential suite.

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Tell him, Toxie, what a new bathroom
looks like.

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$300 ,000 bathroom.

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For anyone considering doing business
with him, it's ready proof that he's a

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who knows how to make big money.

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Like at first glance, if you were
looking at it, you would just think, oh,

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is another one of these just, I call
them peacocks, you know, who's just

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off his life on Instagram.

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You know, the beautiful life, you know,
the sweet life.

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But the great thing about the Instagram
account is he loves his dog. And he has

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this dog named Foxy.

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And he treats Foxy like a queen.

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Show them your new bed, Foxy.

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57 Cadillac. Nice display.

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Says spoiled.

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But Foxy isn't the only royal pictured
here.

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There are also photos of Saudi Arabia's
ruling family with captions like fam and

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uncle. If this man, Prince Al -Waleed
bin Talal, truly is the prince's uncle,

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he's not a bad relative to have.

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According to a 2001 CNBC report, Al
-Waleed has an Airbus A340,

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a Boeing 767,

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and a 283 -foot yacht once owned by
Donald Trump.

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Then there's his house.

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Quaint it isn't. Its 317 rooms include
18 sitting rooms, 15

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dining rooms, 10 bedrooms, 16 pantries,
and one dozen elevators. The

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garage is big, too. It has to be to
accommodate the prince's hundreds of

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There's the obligatory rolls.

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And, of course, the Batmobile.

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With a combined wealth in the trillions,
there are two things most Americans

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know about the Saudi royal family.

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One, they're rich beyond imagination.

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And two, their money comes from oil.

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For decades, the kingdom's wealth has
been intertwined with the Saudi Arabian

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Oil Company, or Aramco.

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We have no official evaluation of what
the company's worth because it's

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privately held, but it's estimated to be
in the trillions.

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We've talked about their IPO. In 2016,
word begins to spread that Aramco is

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going public.

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Plus, we'll bring you an update on the
timing for the world's largest ever IPO,

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Saudi Aramco, a giant.

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They knew comments out this morning from
the Saudi crown prince. He says the

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Aramco IPO will still take place next
year. And the valuation of the company

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could top $2 trillion.

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It was definitely all over the news. And
people were trying to get in on the

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preferred stock. People were trying to
angle to get as much stock as they

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Following the announcement, the new
arrival on Fisher Island begins offering

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investors a way to share in the wealth.

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He's claiming that he owns a percentage
of Saudi Aramco.

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And he tells people, I'm going to sell
you a percentage of my ownership in

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Aramco. And then when it goes public,
you're going to make five times

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the amount of your money.

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With such a potential upside, there are
plenty of people willing to hear out

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Miami's Saudi prince.

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There's no shortage of U .S., British,
foreign investors and business folks

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want to do business with the royal
family.

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Who doesn't want to at least hear what a
person has to say that has all these

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things at their disposal and is selling
a good deal to me.

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Next on American Greed.

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The prince's multimillion -dollar scheme
starts not in a Saudi oil field, but in

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small -town Michigan.

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He claimed that Dom DeLuise was his
father.

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And so the lies just got bigger and
bigger and bigger as he grew up.

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Whether it's on the hot streets of Miami
or somewhere else altogether,

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it's hard to forget a first encounter
with the man who calls himself Prince

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Khalid bin Al Saud.

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I met him when I was sitting in a bar
there in Eaton Rapids.

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Eaton Rapids is a very small town, and
it's rural country.

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Here he walks in wearing a very long...

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white fur coat and he has a haircut
that's kind of like a bowl over his head

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and he's got a lot of bling on and he's
got long acrylic nails and he's

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quite flamboyant and everybody in that
place just stopped and looked like oh my

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god what do we have here and what they
have is not a saudi prince

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It's a Colombian orphan named Anthony
Gignac.

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Lisa Whitehead was once partners with
Gignac's adoptive mother, a Michigan

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who's now deceased, named Nancy.

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In 1977, Nancy and her then -husband
adopted Anthony and his brother from

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Bogota, Colombia.

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They brought them to live in a nice
middle -class home in Plymouth Township,

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Michigan.

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Gignac will later say his pre -adoption
days in Bogota were filled with

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hardship. And Whitehead says Nancy tells
stories about Anthony and his brother

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that backed this up.

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I remember her saying that they would
eat and they would stuff food in their

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mouth, like a chipmunk, and because
they...

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had gotten used to not knowing when they
were going to get their next food.

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So they could see things like that that
were kind of reminders that they had had

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it pretty rough up until that point.

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Having come from nothing, Gignac begins
at an early age to claim he's really

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quite something.

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In first grade, he tells a teacher his
family owns the fabulous Grand Mackinac

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Hotel in northern Michigan.

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The next year, he claims to be the son
of actor Dom DeLuise.

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A mental health professional, Whitehead
says Gignac was obsessed with wealth.

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I think that he's a perfect example of
what happens when you have early

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childhood trauma.

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He could figure out from his early life
in Colombia that if you have...

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Money, you have power, and if you have
money and power, then you have safety

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respect. And I think that he will do
what he needs to do in order to get it.

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In the 1970s and 80s, few people in the
world better represented the nexus of

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wealth and power than a businessman
named Adnan Khashoggi.

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While Khashoggi got his start in
California, the real basis for his

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in Saudi Arabia.

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Serving as the president of the Triad
Holding Company, Khashoggi became a mega

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-rich Saudi arms dealer and a deal
-maker.

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Khashoggi, who has no diplomatic status,
does not have to go through customs.

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His wealth is his free pass.

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Officials of the Sudan were waiting to
meet him, as someone is waiting to meet

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him everywhere he goes.

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After all, Triad means a whole lot of
money, and people with a whole lot of

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money get a whole lot of respect.

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Khashoggi is a real -life walking,
talking episode of Lifestyles of the

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Famous.

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And in Michigan, a boy who once lived on
the streets of Columbia seems to take

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notice.

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In early 1988, police receive a report
that Gignac has been cruising around

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Detroit in a limo, living it up on a
stolen credit card belonging to his

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friend's father.

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At the same time, Ann Arbor police also
learned Gignac's been pretending to be

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someone he's not, a Saudi prince with a
familiar name.

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He used the name Adnan Khashoggi, so it
was obvious he was reading and paying

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attention to what was going on and
thought he could live that lifestyle.

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why he chose the name, is what he said.

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According to police reports, Gignac
scams a stay at a University of Michigan

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fraternity house, claiming to be Prince
Khashoggi.

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Sole heir to the Saudi throne.

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People liked this idea. They wanted to
entertain the Saudi prince. It was

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something that they felt like they could
get something out of it.

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The scheme worked, at first.

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But soon, records say, Western Union
calls a fraternity member asking if he

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authorized a charge of $125 to someone
named Anthony Gignac.

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He says he did not.

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Then, reports say, the prince begins
enjoying himself a little too much, and

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questions arise.

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He was a Saudi and a devout Arab Muslim.

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Why was he drinking? Why was he partying
like this?

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And they weren't, maybe as he's letting
loose, but then again, is he really? So

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that kind of made him even more
suspicious.

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Eventually, Gignac is arrested, and
Judge Kirk Tabby, then a prosecutor,

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to the budding criminal and notices a
glint in his eye.

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He was very fascinated that he was able
to do this so easily.

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It was as if he had found a way to
survive or a way to live that was so

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to him, and he knew that he could get
things.

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and flash it and show people, I can be
wealthy, I'm good at this.

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He thought flaunting money and showing
all of that was the way to go for him.

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And he's not about to stop.

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He kind of devoted his whole life, since
his teen years, to just pretending to

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be somebody else.

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Why? Your guess is as good as mine. Why
does anybody pretend to be somebody

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other than who they are?

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I guess to run away from who they are.

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After being released on bond in his Ann
Arbor case, Gignac flees to California.

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There, he begins running a series of
royal scams that will come to define his

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life.

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Over the years, he poses as a variety of
Saudi princes to get what he wants, but

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settles on the name Prince Khalid bin al
-Saud, using it in a series of

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escalating frauds.

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Really, his MO was to go into these
hotels, these fine hotels.

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He would tell them he was a prince.

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He would run up astronomical charge,
staying in the best rooms that they had.

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He's ordering limos.

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He's shopping at the finest places
around.

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00:16:54,740 --> 00:16:59,660
But whatever credit card he gave them
was either tapped out already on its

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00:16:59,660 --> 00:17:03,900
credit limit or it was a fraudulent
credit card.

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00:17:04,500 --> 00:17:05,619
And then eventually...

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00:17:06,160 --> 00:17:07,160
The cops are called.

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00:17:07,660 --> 00:17:11,579
That really was his game for a good 20
years.

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00:17:13,720 --> 00:17:18,760
Dubbed the Prince of Fraud by the L .A.
Times, Gignac develops a loud

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00:17:18,760 --> 00:17:21,599
confrontational style that seems to
work.

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00:17:22,079 --> 00:17:26,119
Nobody would really believe that if you
were faking this, you would come in and

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00:17:26,119 --> 00:17:29,900
draw that much attention to yourself and
scream and yell.

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00:17:30,180 --> 00:17:31,680
He was very audacious.

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00:17:32,190 --> 00:17:36,730
He was very bold and he was very
aggressive. Because it's so bold and

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00:17:36,730 --> 00:17:39,990
what you normally would expect a con man
to do, it's probably why it worked.

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00:17:41,530 --> 00:17:46,550
Gignac's con is good enough to overcome
some pretty obvious shortcomings.

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00:17:46,750 --> 00:17:50,730
He looked like an overweight Hispanic
guy from South America or Latin America.

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00:17:50,990 --> 00:17:53,150
It just looked preposterous.

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00:17:54,170 --> 00:17:57,190
Preposterous, because nobody looks like
this in the Saudi kingdom.

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00:17:57,530 --> 00:17:59,790
I mean, was he swarthy? Was he darker
skin?

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00:18:00,070 --> 00:18:05,030
Yes. But did he have that appearance,
you know, of being from Saudi Arabia?

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00:18:05,550 --> 00:18:06,590
Absolutely not.

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00:18:07,750 --> 00:18:12,690
So why then do so many people fall for
Gignac's princely con?

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00:18:13,850 --> 00:18:18,770
Perhaps there's an incentive to believe
him if someone believes they're going to

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00:18:18,770 --> 00:18:19,770
get something out of it.

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00:18:20,030 --> 00:18:25,270
Or a fascination with royalty. There
could be any number of reasons why

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00:18:25,270 --> 00:18:28,180
people... find him to be credible, but
they do.

250
00:18:28,460 --> 00:18:31,520
And they do it again and again. It's
really quite astounding.

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00:18:34,420 --> 00:18:40,660
Next on American Greed, an exclusive
tape shows Anthony Gignac spending a

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00:18:40,660 --> 00:18:42,200
-million dollar lie.

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00:18:43,040 --> 00:18:45,040
When I get out, you know, I'm going to
buy another Ferrari.

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00:18:45,300 --> 00:18:46,179
Yeah, you are.

255
00:18:46,180 --> 00:18:48,160
And you're going to go into another
Neiman Marcus. No.

256
00:18:48,440 --> 00:18:49,379
Yes, you are.

257
00:18:49,380 --> 00:18:50,880
You might go to the back.

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00:19:03,500 --> 00:19:09,920
In December 2002, Anthony Gignac is
fresh out of jail from a princely scheme

259
00:19:09,920 --> 00:19:13,520
Florida when he decides to go shopping.

260
00:19:15,140 --> 00:19:20,980
Once again posing as Prince Khalid bin
Al Saud, he takes a trip to a mall

261
00:19:20,980 --> 00:19:22,200
outside Troy, Michigan.

262
00:19:22,920 --> 00:19:28,300
Here, he visits a Saks Fifth Avenue and
a Neiman Marcus where he is caught on a

263
00:19:28,300 --> 00:19:29,660
store security camera.

264
00:19:31,250 --> 00:19:37,190
Gignac will later admit he charges more
than $13 ,000 to an account at Neiman

265
00:19:37,190 --> 00:19:41,710
Marcus belonging to a real Saudi prince
named Khalid.

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00:19:42,810 --> 00:19:46,970
That was something I was never able to
figure out, how he was able to acquire

267
00:19:46,970 --> 00:19:50,550
the number, whether it was force of
personality. The reports in our case

268
00:19:50,550 --> 00:19:54,750
indicated that he had a passport of some
sort identifying himself as Khalid bin

269
00:19:54,750 --> 00:19:58,230
Al Thad. I never saw the passport. It
was never recovered by the police.

270
00:19:58,840 --> 00:20:02,080
So it was a little bit mystifying for me
how he was able to do it.

271
00:20:04,420 --> 00:20:09,220
Eventually, Neiman Marcus' employees
become suspicious and decide to call

272
00:20:09,220 --> 00:20:10,220
corporate headquarters.

273
00:20:11,540 --> 00:20:15,860
The chief fraud investigator basically
said, you know, that's Anthony Gignac.

274
00:20:15,860 --> 00:20:19,140
knew immediately that it was Gignac and
what the scam was. And he was on a

275
00:20:19,140 --> 00:20:22,340
minute call to police, get this guy
arrested. He's Anthony Gignac. It's not

276
00:20:22,340 --> 00:20:23,340
prince.

277
00:20:25,230 --> 00:20:32,230
On January 3rd, 2003, Gignac returns to
the mall and is fitted for handcuffs.

278
00:20:33,270 --> 00:20:38,570
A few months later, he sits in an
interrogation room across from Jerry

279
00:20:38,690 --> 00:20:41,210
then a prosecutor in Oakland County,
Michigan.

280
00:20:42,350 --> 00:20:48,450
In this exclusive video, the so -called
prince claims that this is no scam.

281
00:20:49,190 --> 00:20:51,990
He says he actually knows the Saudis.

282
00:20:52,360 --> 00:20:55,080
And what he's done, he's done with their
approval.

283
00:21:06,920 --> 00:21:12,000
Gignac boldly says the relationship
began after he had a homosexual

284
00:21:12,000 --> 00:21:14,080
with the real Saudi prince.

285
00:21:14,520 --> 00:21:19,760
He claims the family has been supporting
him ever since to buy his silence.

286
00:21:20,320 --> 00:21:23,060
They found out that I was having a
homosexual affair with them, they cut

287
00:21:23,060 --> 00:21:24,200
heads off. Yeah, well.

288
00:21:25,120 --> 00:21:26,800
Or storm or throw them off a building.

289
00:21:27,080 --> 00:21:31,500
No, it depends on if there's some... No,
the Sharia says...

290
00:21:31,500 --> 00:21:36,780
Means

291
00:21:36,780 --> 00:21:42,700
if you see me in the practice of
homosexuality, throw them from the

292
00:21:42,700 --> 00:21:45,900
building or the highest wall or have a
wall fall upon them.

293
00:21:48,150 --> 00:21:53,050
Gignac claims the Saudis created a hush
money trust fund worth millions for him

294
00:21:53,050 --> 00:21:58,730
and says there are other perks too,
including the ability to run up charges

295
00:21:58,730 --> 00:22:00,090
certain luxury store.

296
00:22:05,570 --> 00:22:06,130
Why

297
00:22:06,130 --> 00:22:13,090
did he

298
00:22:13,090 --> 00:22:15,710
have to tell you you can do this if you
have this trust fund with all this

299
00:22:15,710 --> 00:22:16,710
money?

300
00:22:17,370 --> 00:22:22,410
Gignac has official -looking legal
documents attesting to the existence of

301
00:22:22,410 --> 00:22:27,330
trust fund. But federal prosecutors will
later say he uses papers like these to

302
00:22:27,330 --> 00:22:28,330
further his fraud.

303
00:22:29,030 --> 00:22:32,810
And Gleason isn't buying the former
orphan's story.

304
00:22:33,590 --> 00:22:37,730
I've also dealt with the princes and the
royal family's lawyers in Washington.

305
00:22:38,390 --> 00:22:42,030
I know that there is no trust fund. I
know that there's been no negotiations.

306
00:22:43,200 --> 00:22:49,260
During their chat, Gleason and Gignac
begin to discuss next steps and what a

307
00:22:49,260 --> 00:22:50,680
trial might look like.

308
00:22:51,240 --> 00:22:55,240
Realistically, you're going to try and
portray me that I'm a huge con man and

309
00:22:55,240 --> 00:22:57,020
that you want to use all my criminal
history.

310
00:22:57,440 --> 00:22:58,860
But you are a huge con man.

311
00:22:59,600 --> 00:23:06,260
You are a huge con man. You are a huge
con man. You're doing well, okay?

312
00:23:06,380 --> 00:23:09,500
I know it's a Gleason, but let me say, I
want a deal.

313
00:23:11,240 --> 00:23:12,240
He gets one.

314
00:23:13,040 --> 00:23:18,420
In May 2004, Gignac pleads guilty to six
counts of using the real Prince's

315
00:23:18,420 --> 00:23:20,920
Neiman Marcus account without his
permission.

316
00:23:22,440 --> 00:23:28,720
A judge sentences him to spend between
34 months and 15 years in state prison.

317
00:23:29,080 --> 00:23:31,600
But his troubles are just beginning.

318
00:23:32,660 --> 00:23:37,920
Back when he was first arrested in Troy,
court records say Gignac made some very

319
00:23:37,920 --> 00:23:42,140
bold statements about his status as a
prince living in America.

320
00:23:42,880 --> 00:23:47,960
He claimed that he had diplomatic
immunity and he was immune from

321
00:23:48,580 --> 00:23:54,360
As a result of that claim, the Troy
Police Department contacted federal

322
00:23:54,360 --> 00:23:58,840
authorities and the State Department
sent this agent to go and investigate.

323
00:24:00,580 --> 00:24:05,820
According to a memo provided to American
Greed, A State Department Diplomatic

324
00:24:05,820 --> 00:24:11,120
Security Service agent interviews Gignac
and hears the same story about his

325
00:24:11,120 --> 00:24:14,980
alleged royal love affair and so -called
trust fund.

326
00:24:16,940 --> 00:24:22,260
When the feds begin an investigation, an
assistant to the Saudi ambassador tells

327
00:24:22,260 --> 00:24:28,140
them that Gignac was not a member of the
royal family nor associated in any way

328
00:24:28,140 --> 00:24:29,680
with the Saudi royal family.

329
00:24:31,050 --> 00:24:35,130
I believe that what turned out to be
true is that his name was Anthony

330
00:24:37,230 --> 00:24:42,230
After serving 20 months on the state
charges from the Troy incident, Gignac

331
00:24:42,230 --> 00:24:46,530
pleads guilty in federal court to a
count of impersonating a foreign

332
00:24:46,530 --> 00:24:52,030
and another count of attempted bank
fraud related to a scheme he tried while

333
00:24:52,030 --> 00:24:53,030
locked up.

334
00:24:53,310 --> 00:24:58,230
But this is not the last time
authorities will hear from Prince

335
00:25:00,399 --> 00:25:01,800
Next on American Greed.

336
00:25:03,020 --> 00:25:08,500
After a lifetime of schemes, Anthony
Gignac launches his most ambitious

337
00:25:08,500 --> 00:25:14,180
yet. All you got to do is give me X
amount of money and I'll triple it for

338
00:25:14,180 --> 00:25:17,040
in no time. And that's the game. That's
the end game there.

339
00:25:31,080 --> 00:25:35,840
After serving state and federal time on
charges related to the incident at the

340
00:25:35,840 --> 00:25:39,740
mall in Troy, Michigan, Anthony Gignac
is a free man.

341
00:25:40,420 --> 00:25:46,240
According to the government, shortly
after his release in March 2015, his

342
00:25:46,240 --> 00:25:48,660
highness gets right back to business.

343
00:25:49,260 --> 00:25:53,700
And he's no longer content with the
minor scores of his past.

344
00:25:54,440 --> 00:25:58,740
He's running all these petty scams, $10
,000, $15 ,000, $20 ,000.

345
00:25:59,610 --> 00:26:03,070
And when he gets to Miami, he takes a
giant jump.

346
00:26:03,710 --> 00:26:07,150
Now we're talking millions and millions
and millions of dollars.

347
00:26:07,470 --> 00:26:14,370
This was the end -all, be -all, to go
after this as aggressively and as quick

348
00:26:14,370 --> 00:26:18,750
he could to defraud as many people and
innocent victims as possible.

349
00:26:20,110 --> 00:26:25,510
As he gets his operation going, Gignac
seems to have learned an important

350
00:26:25,510 --> 00:26:27,810
from his past royal schemes.

351
00:26:28,840 --> 00:26:34,020
Anthony Gignac was smart enough to
realize that if he was too accessible,

352
00:26:34,020 --> 00:26:35,480
couldn't possibly be a Saudi prince.

353
00:26:35,800 --> 00:26:41,020
And how he protects that is by limiting
his interaction with his victims.

354
00:26:41,720 --> 00:26:45,520
Some people never even physically met
him, but they talked to him on the phone

355
00:26:45,520 --> 00:26:46,740
or texted with him.

356
00:26:47,760 --> 00:26:52,800
Obviously, it seems to lend credence to
his image that I'm someone important, I

357
00:26:52,800 --> 00:26:55,520
have people to do things for me, but
it's also just so that he doesn't get

358
00:26:55,520 --> 00:26:57,100
called out on things that he doesn't
know anything about.

359
00:26:58,540 --> 00:27:04,060
If he is going to hang in the shadows,
Gignac needs others to help him make

360
00:27:04,060 --> 00:27:06,120
connections and talk up the prince.

361
00:27:07,280 --> 00:27:13,140
Soon after his release in 2015, he uses
LinkedIn to connect with an Englishman

362
00:27:13,140 --> 00:27:17,360
living in North Carolina named Carl
Martin Williamson.

363
00:27:18,280 --> 00:27:24,340
It's kind of unclear on who contacted
who first, but somewhere along there,

364
00:27:24,500 --> 00:27:27,640
they eventually figure out together.

365
00:27:28,520 --> 00:27:30,340
that they're going to do this con.

366
00:27:32,580 --> 00:27:38,040
In late 2015, Williamson travels to
London, where he meets with a well

367
00:27:38,040 --> 00:27:39,640
-established investment banker.

368
00:27:40,620 --> 00:27:45,800
Williamson says he's working for a Saudi
prince and claims they're looking for a

369
00:27:45,800 --> 00:27:47,900
project in which His Highness can
invest.

370
00:27:48,660 --> 00:27:52,700
After being shown bank documents and a
Saudi family tree,

371
00:27:53,470 --> 00:27:58,490
The English banker says she agrees to
help the prince find projects seeking

372
00:27:58,490 --> 00:28:02,550
capital. It is the most incredible part
of the story because if he doesn't con

373
00:28:02,550 --> 00:28:09,310
this UK investment banker, then he

374
00:28:09,310 --> 00:28:11,230
doesn't get anything else from this
point on.

375
00:28:12,290 --> 00:28:17,230
Anthony Gignac now really starts to see
that he can make as much money as he

376
00:28:17,230 --> 00:28:18,230
possibly wants.

377
00:28:19,760 --> 00:28:24,860
The banker in England is never charged
with any wrongdoing and says she was

378
00:28:24,860 --> 00:28:29,720
duped. Along with Williamson, she brings
in business people from around the

379
00:28:29,720 --> 00:28:35,600
world who are led to believe the prince
is going to invest his fortune in their

380
00:28:35,600 --> 00:28:36,600
projects.

381
00:28:37,020 --> 00:28:41,040
And Mr. Gignac would read the Wall
Street Journal every single day when he

382
00:28:41,040 --> 00:28:41,819
in prison.

383
00:28:41,820 --> 00:28:46,020
So he was familiar with business
practices. He knew what buttons to push

384
00:28:46,020 --> 00:28:47,980
successful businessmen and women.

385
00:28:48,570 --> 00:28:52,710
And he was able to sell that image in
persona after 20 or 30 years of

386
00:28:52,710 --> 00:28:53,810
people throughout the world.

387
00:28:55,590 --> 00:29:00,170
Though they think they found an angel
investor, the prince's money for their

388
00:29:00,170 --> 00:29:01,690
project never comes through.

389
00:29:02,270 --> 00:29:07,010
He does, however, offer to let them in
on something even more lucrative.

390
00:29:07,390 --> 00:29:11,250
Because of our relationship, because I
trust you now with this, you know, back

391
00:29:11,250 --> 00:29:14,510
and forth that may or may not work out,
I'm willing to cut you in on this other

392
00:29:14,510 --> 00:29:16,730
thing. All you got to do is give me.

393
00:29:17,400 --> 00:29:21,580
X amount of money, and I'll triple it
for you in no time. And that's the game.

394
00:29:21,700 --> 00:29:22,700
That's the end game there.

395
00:29:23,800 --> 00:29:30,620
At first, Gignac pitches investment in a
fuel trading platform promising 14 .5

396
00:29:30,620 --> 00:29:31,620
% returns.

397
00:29:32,980 --> 00:29:37,900
Then there's his scheme offering pre
-IPO shares of Saudi Aramco.

398
00:29:38,860 --> 00:29:43,740
The idea that you could buy a good
portion of that company, which is valued

399
00:29:43,740 --> 00:29:45,320
$2 trillion at a discounted rate.

400
00:29:46,070 --> 00:29:49,890
An outstanding return of investment is
something that lured a lot of people to

401
00:29:49,890 --> 00:29:50,890
Mr. Gignac.

402
00:29:52,270 --> 00:29:58,210
If it seems too good to be true, Gignac
has plenty of answers and even forms of

403
00:29:58,210 --> 00:30:03,310
proof. He did have documents, and it was
more than just throwaway documents that

404
00:30:03,310 --> 00:30:04,870
you can just get on the street, right?

405
00:30:05,610 --> 00:30:08,530
He knew the names of...

406
00:30:08,780 --> 00:30:12,480
attorneys and firms, and he knew what he
needed to put on these documents to

407
00:30:12,480 --> 00:30:15,040
give them credibility, and he would just
fabricate them completely.

408
00:30:17,220 --> 00:30:23,700
By 2017, Gignac is living on Fisher
Island, having fully assumed the role

409
00:30:23,700 --> 00:30:25,720
been playing all his adult life.

410
00:30:26,420 --> 00:30:29,000
He would wear Saudi clothing.

411
00:30:29,700 --> 00:30:31,960
He would wear a thobe, which is white.

412
00:30:32,800 --> 00:30:37,540
cloth that goes from the neck down to
the feet. He would also wear the

413
00:30:37,540 --> 00:30:41,780
headdress, which is a smog or a
keffiyeh. There's different variations

414
00:30:43,260 --> 00:30:47,100
He's got diplomatic license plate and
he's driving openly, right? Like he's

415
00:30:47,100 --> 00:30:50,660
just hiding it like only when it's
parked, like he is leaving the island

416
00:30:50,660 --> 00:30:51,639
these tags on.

417
00:30:51,640 --> 00:30:57,660
He was just so out in the open with his
scheme, with his fraud, that people are

418
00:30:57,660 --> 00:30:58,660
like, this has to be real.

419
00:31:00,210 --> 00:31:05,630
Gignac plays the part of a prince to a
tea, down to the way he treats his lowly

420
00:31:05,630 --> 00:31:06,630
servants.

421
00:31:07,390 --> 00:31:12,930
He wasn't a benevolent monarch, for lack
of a better term, right? Like, he was

422
00:31:12,930 --> 00:31:18,330
rude to everyone he was with. He was
kind of very short, almost insulting of

423
00:31:18,330 --> 00:31:22,190
people that were in his own circle. And
because to him, that's what he thought

424
00:31:22,190 --> 00:31:23,190
he should do.

425
00:31:24,090 --> 00:31:28,950
But the ultimate prop in his scheme is
his condo on Fisher Island.

426
00:31:30,160 --> 00:31:34,640
After hiding behind the curtain for
months, he shows the place off to his

427
00:31:34,640 --> 00:31:40,120
investors and on occasion lets visitors
catch a glimpse of his incredible

428
00:31:40,120 --> 00:31:46,940
wealth. Anthony Gigna clearly saw this
as an address that he could use to

429
00:31:46,940 --> 00:31:52,780
give the impression that he was of this
world, that he moved in this world, and

430
00:31:52,780 --> 00:31:54,260
he did a pretty good job of it.

431
00:31:55,230 --> 00:31:59,790
He's got the DSS security agents with
their badges. He's got the fleet of

432
00:31:59,830 --> 00:32:04,870
He's got the lush penthouse overlooking
the water on the exclusive island in

433
00:32:04,870 --> 00:32:09,030
Miami. It's the sultan outside the door.

434
00:32:09,770 --> 00:32:14,290
He kind of has everything you would
expect. So why wouldn't this be true?

435
00:32:15,730 --> 00:32:20,190
With his scheme firmly established,
Gignac hooks in more than 20 victims,

436
00:32:20,450 --> 00:32:22,810
getting them to invest over $8 million.

437
00:32:24,040 --> 00:32:27,840
But none of it goes to Aramco or
anything else he's promised.

438
00:32:28,340 --> 00:32:33,320
He was paying some initial investors
back from investors later on.

439
00:32:33,620 --> 00:32:37,860
But through all of it, he was using the
money to live this life.

440
00:32:40,380 --> 00:32:45,540
Next on American Greed, Anthony Gignac
makes his biggest bet yet.

441
00:32:45,980 --> 00:32:47,940
His honor has been hurt.

442
00:32:48,940 --> 00:32:53,940
But you guys can make it up to him. You
have to go and apologize, and you need

443
00:32:53,940 --> 00:32:57,480
to get him a gift, and the gift has to
be at least $50 ,000.

444
00:33:05,640 --> 00:33:10,960
In Miami Beach, nothing shouts classic
luxury like the Fountain Blue.

445
00:33:12,060 --> 00:33:14,600
For decades, it was the It Hotel.

446
00:33:15,060 --> 00:33:16,160
And then...

447
00:33:16,560 --> 00:33:18,880
It got long in the tooth like a lot of
Miami Beach.

448
00:33:19,740 --> 00:33:24,760
According to former federal prosecutor
Trinity Jordan, after spending hundreds

449
00:33:24,760 --> 00:33:29,680
of millions of dollars on renovations,
the hotel's owners go looking for an

450
00:33:29,680 --> 00:33:31,060
infusion of capital.

451
00:33:31,420 --> 00:33:35,240
It was just kind of whispered amongst
the investment community that they were

452
00:33:35,240 --> 00:33:39,700
looking for someone to purchase 20 to 30
percent ownership in the Fountain Blue.

453
00:33:39,880 --> 00:33:43,020
And so that kind of made its way to.

454
00:33:43,920 --> 00:33:49,880
Anthony Gignac, investment banker in the
UK, she heard about the opportunity,

455
00:33:50,180 --> 00:33:55,920
told Anthony Gignac, and he instructed
her then to make contact with the

456
00:33:55,920 --> 00:33:58,580
Fountain Blue Hotel and let her get in
on that.

457
00:34:00,620 --> 00:34:06,320
Leading the negotiation on the hotel
side is Jeffrey Sofer, a billionaire

458
00:34:06,320 --> 00:34:09,900
estate developer once married to
supermodel Elle McPherson.

459
00:34:10,580 --> 00:34:12,100
Before long...

460
00:34:12,320 --> 00:34:16,639
The prince has Sofer believing he's
ready to make a major investment.

461
00:34:17,199 --> 00:34:24,199
He makes an offer of $400 million to
purchase 30 % of the Fountain Blue

462
00:34:24,199 --> 00:34:27,300
Hotel, which they immediately accept.

463
00:34:28,440 --> 00:34:34,139
To sell the lie, His Highness brings a
hotel representative to Fisher Island,

464
00:34:34,340 --> 00:34:40,420
showing off his garage full of exotic
cars and a document that proves...

465
00:34:41,000 --> 00:34:45,179
He has the means to complete the deal.
He's got this letter from the Bank of

466
00:34:45,179 --> 00:34:49,739
Dubai that he's got $600 million in some
sort of sovereign fund, readily

467
00:34:49,739 --> 00:34:53,000
available to invest in a property like
the hotel.

468
00:34:54,480 --> 00:35:00,320
At one point, however, the hotel team
begins to ask questions about who

469
00:35:00,320 --> 00:35:01,600
really dealing with.

470
00:35:02,100 --> 00:35:05,720
And when Gignac gets word, he doesn't
back down.

471
00:35:05,960 --> 00:35:07,420
He doubles down.

472
00:35:08,790 --> 00:35:13,670
Pretending his honor has been insulted,
he sends his London investment banker to

473
00:35:13,670 --> 00:35:15,470
talk to hotel representatives.

474
00:35:16,110 --> 00:35:20,350
It's been represented to Stouffer during
this period that the Saudi prince

475
00:35:20,350 --> 00:35:24,130
doesn't appreciate the skepticism, that
there's been some doubts about his

476
00:35:24,130 --> 00:35:29,230
credibility and about who he is, and
he'd really appreciate a gift. Then the

477
00:35:29,230 --> 00:35:31,010
gift has to be at least $50 ,000.

478
00:35:32,270 --> 00:35:35,010
So they go and buy him a Cartier
bracelet.

479
00:35:35,640 --> 00:35:38,340
for $50 ,000 and present it to him and
apologize.

480
00:35:39,400 --> 00:35:41,060
And so now the deal's back on.

481
00:35:42,460 --> 00:35:46,320
Of course, the prince doesn't have the
money to buy a hotel.

482
00:35:46,880 --> 00:35:51,380
So while the deal might be back on, it
never goes anywhere.

483
00:35:52,080 --> 00:35:56,580
He had no intention of actually putting
any money into it because he was always

484
00:35:56,580 --> 00:36:00,940
in the business of doing the opposite,
trying to get people to give him money

485
00:36:00,940 --> 00:36:03,700
invest in things that really were
complete.

486
00:36:05,120 --> 00:36:10,440
He was always trying to get people to
invest in his business opportunities,

487
00:36:10,440 --> 00:36:12,600
business deals. That was always his M
.O.

488
00:36:13,920 --> 00:36:19,080
If that's what he intends with Sofer, he
never gets the chance to set the hook.

489
00:36:19,540 --> 00:36:22,960
His newest mark is starting to get wise.

490
00:36:23,480 --> 00:36:28,000
And one of the things that sort of
stands out is his eating habits.

491
00:36:28,810 --> 00:36:32,770
He's supposed to be, you know, a Saudi
prince. He's supposed to be, you know, a

492
00:36:32,770 --> 00:36:35,190
believer in Islam, a Muslim faith.

493
00:36:35,710 --> 00:36:39,690
And he's wolfing down all this bacon and
pork product.

494
00:36:40,470 --> 00:36:45,950
There were so many things that they're
like, is he really a good Muslim? Is he

495
00:36:45,950 --> 00:36:48,850
really a good member of the Saudi royal
family?

496
00:36:50,250 --> 00:36:55,850
As questions arise, a professional
security firm is hired to look into the

497
00:36:55,850 --> 00:36:59,820
prince. And it doesn't take them long to
reach a conclusion.

498
00:37:00,300 --> 00:37:04,020
This guy is not the prince. This guy is
Anthony Gignac.

499
00:37:04,440 --> 00:37:07,740
And he just got out of federal prison
about three years ago.

500
00:37:09,000 --> 00:37:13,940
To Sofer's credit, he did figure it out
where others hadn't. It didn't cost him

501
00:37:13,940 --> 00:37:15,660
anything more than just a Cartier
bracelet.

502
00:37:17,600 --> 00:37:22,000
After making their discovery, the P .I.
brings what he's learned to the feds.

503
00:37:24,430 --> 00:37:28,170
Investigators from the State
Department's Diplomatic Security Service

504
00:37:28,170 --> 00:37:33,550
digging. And it becomes apparent that
Gignac has once again been committing

505
00:37:33,550 --> 00:37:36,770
federal crime of impersonating a
diplomat.

506
00:37:37,310 --> 00:37:41,090
But they wonder, how is he doing it in
such style?

507
00:37:41,830 --> 00:37:46,070
We knew who we had, but as far as what
questions we had is, what's the end

508
00:37:46,230 --> 00:37:47,230
What is he trying to do?

509
00:37:47,350 --> 00:37:50,530
And then when we started to peel the
layers back a little bit, we saw this

510
00:37:50,530 --> 00:37:52,410
significant financial piece.

511
00:37:53,290 --> 00:37:55,110
Didn't get any less crazy along the way.

512
00:37:57,610 --> 00:38:04,610
Next on American Greed, from prince to
pauper, the weight of the prince's con

513
00:38:04,610 --> 00:38:05,650
becomes evident.

514
00:38:06,470 --> 00:38:10,010
Mr. Gignac preyed on individuals from
all walks of life.

515
00:38:10,350 --> 00:38:11,470
Everybody was prey.

516
00:38:12,030 --> 00:38:13,410
Everybody was fair game.

517
00:38:28,040 --> 00:38:34,300
Unaware he's the target of a federal
investigation, in the fall of 2017,

518
00:38:34,300 --> 00:38:39,320
Gignac takes an overseas business trip
using someone else's passport.

519
00:38:40,260 --> 00:38:45,520
Once he sets foot back on American soil,
a team of agents from the Diplomatic

520
00:38:45,520 --> 00:38:51,580
Security Service moves in on his Fisher
Island home, and Agent Azaz Tareen is

521
00:38:51,580 --> 00:38:54,580
waiting for him at JFK Airports in New
York.

522
00:38:55,000 --> 00:38:56,280
Right off the bat.

523
00:38:56,840 --> 00:39:02,700
He's just spouting all these conspiracy
theories, playing the prince thing. I'm

524
00:39:02,700 --> 00:39:07,680
like, you know, I'm from Saudi Arabia.
And then where's my dog? Like, what are

525
00:39:07,680 --> 00:39:11,080
you doing with my dog? Where's Foxy? So
I put him on speaker.

526
00:39:11,280 --> 00:39:16,800
I had an agent with his dog, Foxy. I was
like, is Foxy okay?

527
00:39:17,560 --> 00:39:22,400
Yes, Foxy's okay. And immediately just
waterworks, uncontrollably crying,

528
00:39:22,660 --> 00:39:24,000
shaking, freaking out.

529
00:39:25,070 --> 00:39:29,870
Once agents seize Gignac's belongings
and begin to discover business

530
00:39:30,350 --> 00:39:32,430
the case quickly shifts.

531
00:39:32,810 --> 00:39:37,330
It was a no -brainer that we were going
to transition from an aggravated

532
00:39:37,330 --> 00:39:41,870
identity theft case and passport fraud
impersonation of a diplomat to a larger

533
00:39:41,870 --> 00:39:46,350
financial investigation that involved
money and bank accounts and assets

534
00:39:46,350 --> 00:39:47,350
throughout the world.

535
00:39:48,300 --> 00:39:51,800
I mean, we followed the money. That's
what part of the core of the

536
00:39:51,800 --> 00:39:54,100
was. We were following them. Where is
this money coming from? How is he

537
00:39:54,100 --> 00:39:55,340
affording all this stuff?

538
00:39:56,040 --> 00:40:00,620
And it was pretty easy to figure out
that it wasn't coming from legitimate

539
00:40:00,620 --> 00:40:01,620
means.

540
00:40:02,240 --> 00:40:06,840
As their investigation unfolds, agents
uncover Gignac's multimillion -dollar

541
00:40:06,840 --> 00:40:11,000
investment scheme and realize how far
-reaching it is.

542
00:40:11,320 --> 00:40:14,660
Mr. Gignac preyed on individuals from
all walks of life.

543
00:40:15,060 --> 00:40:16,140
Everybody was prey.

544
00:40:16,970 --> 00:40:18,070
Everybody was fair game.

545
00:40:19,190 --> 00:40:23,970
He's not just scamming billionaires and
large companies, but he's also scamming,

546
00:40:23,970 --> 00:40:26,210
you know, salt of the earth people that
are not billionaires.

547
00:40:27,190 --> 00:40:32,070
A few weeks after Gignac's arrest, the
feds get word about his alleged co

548
00:40:32,070 --> 00:40:37,490
-conspirator, Carl Williamson, the man
he met on LinkedIn who helped introduce

549
00:40:37,490 --> 00:40:39,090
him to investors worldwide.

550
00:40:40,050 --> 00:40:41,690
He left a suicide note.

551
00:40:42,390 --> 00:40:45,750
He didn't admit his role. He admitted
that he was going to go to prison.

552
00:40:46,680 --> 00:40:50,560
And he told his family that if he had to
go to prison and be away from them,

553
00:40:50,580 --> 00:40:53,380
that he'd rather just, you know, not be
around.

554
00:40:55,240 --> 00:40:59,960
Following Williamson's death,
prosecutors dismissed charges against

555
00:41:00,360 --> 00:41:02,160
Then in March 2019,

556
00:41:02,900 --> 00:41:08,260
Anthony Gignac pleads guilty to
impersonating a foreign diplomat,

557
00:41:08,260 --> 00:41:13,480
identity theft, wire fraud, and
conspiracy to commit wire fraud.

558
00:41:15,180 --> 00:41:19,920
Two months later, he is sentenced to
more than 18 years in federal prison.

559
00:41:21,180 --> 00:41:25,500
Gignac did not respond to American
Greed's requests for comment.

560
00:41:27,860 --> 00:41:32,540
Despite the craziness of his story,
those who've come face to face with

561
00:41:32,540 --> 00:41:37,760
Gignac say his criminality and greed are
nothing to be scoffed at.

562
00:41:38,280 --> 00:41:43,260
For a while I thought, well, the poor
thing, he must be really mentally ill.

563
00:41:43,950 --> 00:41:48,970
But when he was deemed competent to
stand trial, that meant he knew what he

564
00:41:48,970 --> 00:41:49,970
doing.

565
00:41:50,850 --> 00:41:51,930
He's a con man.

566
00:41:52,710 --> 00:41:59,570
Period. For every one truth he tells,
it's backed up by multiple lies.

567
00:42:00,410 --> 00:42:02,770
This isn't a celebrity fraudster.

568
00:42:03,790 --> 00:42:04,790
He's a predator.

569
00:42:05,030 --> 00:42:08,870
He is preying on people in any way that
he possibly can.

570
00:42:09,870 --> 00:42:11,730
It wouldn't shock me if he was in
prison.

571
00:42:12,220 --> 00:42:13,540
telling people he was a prince right
now.

