CNBC's American Greed Airs Episode on St. Louis Conman Priest, Martin Sigillito
Martin Sigillito, the disgraced St. Louis lawyer and bishop now serving a 40-year prison sentence for orchestrating one of the biggest ponzi schemes to ever befell St. Louis, will be the subject of tonight's episode of CNBC's American Greed, a true-crime series that "examines the dark side of the American Dream."
RFT photo Martin Sigillito during his time as a priest with the Anglican American Church.
Riverfront Times first broke the story of Sigillito's scam back in 2010 when St. Louis investors began accusing him of fleecing them in a bogus real estate scheme overseas. In the end, Sigillito was found guilty of defrauding some 100 investors out of nearly $50 million.
CNBC has titled tonight's show on Sigillito "A Wolf in Priests Clothing." Below is a preview of the episode.
See also: Home of US Fidelis Founder Darain Atkinson on the Market for $14.9 Million
It's actually been a banner month for St. Louis con artists on American Greed . Last week's episode was about Darian and Cory Atkinson, whose Wentzville-based auto-warranty company imploded in 2010 following thousands of consumer complaints about fraudulent business practices.