Tom Brokaw

Now retired, Tom Brokaw has been a legend among journalists. He has served as the co-anchor of The Today Show and then as an anchor and managing editor of NBC Nightly News. He is also considered one of the Big Three news anchors of the 1980s, 1990s, and 2000s. Apart from being a TV journalist, he has also written several books discussing society in the 20th century and American history. Brokaw was also awarded the Presidential Medal of Freedom, given to him by Barack Obama.

Despite all the accolades, Brokaw was not immune to the effects of a Ponzi scheme and displayed a lack of money management skills. Along with other big stars, he fell victim to Kenneth Starr’s scheming and set aside a portion of his money for the supposed wealth-generating move. It turned out to be a scam, and there is very little chance he and the rest would recover the money.