273: David Kamel – Tale of Two Investment Frauds

In this episode, Retired agent David Kamel reviews his investigation of two investment fraud cases while under the added pressure of indicting the white-collar crime subjects before his impending mandatory retirement date.

The first case discussed was a multi-million-dollar advance fee scam involving two victims living in Germany and Australia who were defrauded by a retired Army colonel residing in the Dallas area. The second case involves an elder man who invested his life savings with an individual who assured the victim the investment would bring huge returns.

A few weeks prior to retirement, David testified in a Federal Grand Jury to obtain indictments and later guilty pleas from both subjects. We also discussed the different investigative methods used and resolutions of both investment fraud cases.

During his career, David was assigned to the Dallas Division, Frisco Resident Agency (RA) where he specialized in investigating white-collar crime and terrorism cases, including the successful conviction of the high-profile Holy Land Foundation investigation. David was a recipient of the United States Attorney General’s Distinguished Service Award for his work on the case. He was a member of the FBI SWAT team for 18 years and acted in numerous undercover roles throughout the United States. Several cases and training lead Kamel to various countries in Europe and the Canadian NWT.

David is the author of Reckonings of an FBI Agent, a memoir covering his long, diverse, and exciting career specializing in white-collar crimes and counter-terrorism matters.

David served in the FBI as a special agent for 31 years. He is currently retired and living in the Dallas area, but travels often throughout Europe.

Special Agent (Retired)

David Kamel

9/6/1988 – 8/31/2019

Retired FBI agent David Kamel

 

 

 

 

 

 

“He had already lost $600K and did not have money to give to the investors. So the victim was scammed out of money and salt poured into his wounds by going to prison for two years.”—Retired Agent David Kamel

Please note: In his book and during the FBI Retired Case File Review episode, David chose to use fictitious names for his subjects and victims.

Reckonings of an FBI Agent - Book cover
Retired agent Davis Kamel’s memoir may be purchased here.

 

 

 

 

 

 

 

 

Click here to listen to more case reviews about frauds and scams.

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Jerri Williams

View posts by Jerri Williams
Jerri Williams, a retired FBI agent, author and podcaster, jokes that she writes about the FBI to relive her glory days. After 26 years with the Bureau specializing in major economic fraud and corruption investigations, she calls on her professional encounters with scams and schemers to write police procedurals inspired by true crime FBI cases in her Philadelphia FBI Corruption Squad crime fiction series featuring flawed female FBI agent Kari Wheeler. Jerri’s FBI for Armchair Detectives nonfiction series enables readers to discover who the FBI is and what the FBI does by debunking misconceptions about the FBI in books, TV, and movies. Her books are available as ebooks, paperbacks, and audiobooks wherever books are sold. She’s also the host of FBI Retired Case File Review, a true crime podcast with more than 250 episodes available for free on all popular podcast apps.

2 Comments

  1. LorriNovember 3, 2022

    Hi there,
    There is something wrong with podcast 273. It skips and repeats randomly at several spots. I wanna’ know what happened; help!

    Reply
    1. Jerri WilliamsNovember 3, 2022

      Oh no! This didn’t happen to me when I listen to the episode nor have I heard from anyone else about skipping. Why don’t you mark the episode as played on your podcast app and then re-download it? I hope that works.

      Reply

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