Young psychopathic genius Joe Hunt and his prep school buddies started the Billionaire Boys Club, an investment and social club run as a Ponzi scheme that made them a fortune. They squandered it and finally turned to murder.
On September 28, 1984, police arrested Joe Hunt for the murder of conman Ron Levin. Hunt ran the lucrative Ponzi scheme known as the Billionaire Boys Club, but Levin managed to swindle the swindler out of more than $4 million. A movie based on Hunt’s story later inspired Lyle and Erik Menendez to kill their own parents for money.