tv On the Money NBC December 17, 2017 5:00am-5:31am EST
5:00 am
hi, everyone. welcome to "on the money." i'm becky quick. they are an easy way to give a holiday preseny be helping to f opioid crisis. an "on the money" invest> ready house? get the vine out and decorate while never leaving homes. and meet the 27-year-old man who has visited 193 countries. plugging the leaks in your home. you may not even k about. how to save money and stay warm. and kingch last night's castle is for sale. johnny carson's astounding malibu house. "on the mone >> announcer: this "on the money," your money, your life, your future. now, b. >> we begin with gift cards. it's an easy gift to buy at major retailers and to give
5:01 am
during the holidays, too, but the plastic currency is being used as part of a massive fraud being fueled by the opioid epidemic. in an "on the money" investigation contessa brewer found stores across the country are beg targeted easy summon inside some of the country's biggest retailers there's a shadowy world of commerce, crime and drugs, and at the center gift cards. are gift cards currency you can use to pay for drugs? >> yes. >> reporter: by all appearances, these four women could be tidying up what looks like a college dorm room, but this is no university. it's rehab. >> that worthlessness, i mean, that guilt and shame that i feel every day. that i chose drugs over my son, every day. these women aren't students, they are patients, struggling with crippling addiction. >> i've ghef in italy stolen. >> repor they sat down with us at a drug treatment facility
5:02 am
in jacksonville, florida. 23-year-old kristen booth's drug of choice, oxycodone and heroin and she's been arrested twice for gift card fraud. >> i would take things off the shelf. i would make sure i left the store so on camera it looked like i purchased the items and come back and go to customer service. and some of the biggest national retail remembers some of the biggest targets because of relaxed return policies. >> i would go to home depot, lowe's, walmart, stuff like that, take stuff, leave and go to another home depot, take it back and get a gift card. >> reporter: sometimes drug dealers direct the card as payment. if there's 50 on the gift card, it's 25, they will not give you cash but product. >> rep more often, the cards get sold to third parties, corner stores, pawnshops and specialty retailers making it easy to get cash. the national retail federation
5:03 am
found 57% of companies reported fraudulent gift cards or store credit in at least one location. that's down from two-thirds in previous years. >> it's abobeen our experience t they will commit these crimes when they are desperate an their next fix. >> reporte we ride along with the sheriff task force devoted to stop theft in the memphis-year and they were called to a jc peppy to arrest someone on the theft of gift cards and suddenly they spot a theft in progress in the store and give chase through the mall parking lot. the suspect is cornered and arrested for shoplifting. investigators find a slew of gift cards on her front seat. >> would you mind just explaining to me about the gift cards. >> nei s wanted to talk, and investigators have not linked their al national retail chains are also
5:04 am
grappling with the problem of return fraud and gift card abuse. home depot is recently cracked down with a change in return policy. the company tells us it only accepts store credits for its in-store purchases, and we require proof of i.d. when store credits redeemed at checkout because of the increase in return fraud. in the end, making it more difficult for addicts to turn cards into cash may be only a temporary obstacle to the next fix. >> when you're suffering from addiction, any length means any length. >> and the national retail federation estimate stores lose as much has $15 bill crop a yore in return fraud, but it can be very frustrating for law enforcement who are there to assist the stores they say that they want to see the retailers putting a lot more investment into loss prevention, into tracking the gift card abuse. the retail return fraud, and so far it looks like it's not a coordinated effort so far. >> is it happening in places in the country where the opioid
5:05 am
epidemic at its worst or just across the board? >> happening everywhere. i reached tout law enforcement agencies nation woide and every single agency i spoke to said they think there's a link between the rise in opioid addiction and a rise in retail theft, fraud and abuse, and every addict i spoke, to every single one nationwide, said this is a common scheme. everybody knows they can get money by using a scheme like this. contessa, thank you. ♪ now here's a look at what's making news. as we head no a new week anti-money. so good news and bad news after a fed meeting. let's start with the bad news. you better get ready to pay a your adjustable ur credit card rate mortgage. there is good news though, too, you might make a little more money from your savings account. as ways widely expect the, the janet yellen led federal reserve raised interest rate for the third time this year, still historically low at 1.5% and another three hikes are expected for next year, all a sign for a
5:06 am
stronger economy that can hopefully withstand higher rates. the dow closed at a record high after the fed announced the rate hike. the nasdaq closed higher as well, though the s&p fell. stocks continued to climb later in the week. the mouse house is getting bigger. di announcing a deal to buy many. as sets of 21st century fox for more than $52 billion in stock including fox movie studios, sun television and international assets and does not include fox news, fox-owned television stations or some other cable properties. the deal is subject to regulators' approval here and in europe. >> up next, we're "on the money." does your living room need help? now you can hire an online interior designer for a flat free that probably won't break later, we'll take you inside the incredible beach front mansion that johnny carson came home to after every "tonight show." it's for sale, judgment in case you're interested. rig now though, a look at how th
5:07 am
liberty mutual stood with me when this guy got a flat tire in the middle of the night. hold on dad... liberty did what? yeah, liberty mutual 24-hour roadside assistance helped him to fix his flat so he could get home safely. my dad says our insurance doesn't have that. don't worry - i know what a lug wrench is, dad. is this a lug wrench? maybe? you can leave worry behind when liberty stands with you™. liberty stands with you™. liberty mutual insurance. they loved that tree. it really prmeant a lot to them. ♪ this is our tree. ♪ let's bring everyone closer this holiday.
5:09 am
♪ if you are looking to redecorate your living room but the idea of hiring an interior designer just seems too expensive, there is another option. eh designers with finding you more than finding furniture. how did you come up this idea? >> i used to live in new york city and had all this like tiny furniture in the kind of studio apartmen easy to furnish. >> easy to furnish. >> yeah. and then i moved out to denver, colorado and bought a four bedroom house and had all this tiny furniture. i was working all the time and honestly it was like i couldn't figure out how and constantly bombarded with these beautiful images from pinterest and felt
5:10 am
like there was an opportunity. i was willing to spend a few thousand dollars at that moment in time and no one was getting me to the product that worked for me. >> you've got a $750 mini pack panel and full package for $199 which seems incredibly reasonably priced. how does it actually work, and what do you get for that? >> yeah. you go online and take a style survey. we use that to match you up with a couple of our designers. pick the one you like the most. work with them all online. exchange photos and video online and go back and forth with some imagery. things that i've pulled from pinterest and say i like this, these are my types of styles for exactly. gs. >> how do you match designers with styles, whatever i send in to say these are the types of things we like? >> we test and train our designers and screen them. 6% of people that apply to become a designer become one at havenly. we you. if you say you're a mid-accept tre modern designer we test you into style to make sure we're getting the right fit for the user as well. >> i would imagine that this is
5:11 am
something that's probably popular when i think about how many people sit around and watch hgtv and remodeling things. and a million show that show you how to do things with your home. been like a secular trend. basically at an earlier age and a lower demographic segment we're seeing people be very, very interested in home design. i mean, it's your sgloem who are your customers, first of all? are these people in the midwest, on the coast. how old are they? >> most of our customers are under the age of:45. just because there's an online element and they run the gamut. people on the coast, living in an apartment like myself and that's how we started and we've sort expanded into the middle of the country as we've gotten more and more home owners that live in suburbs and other areas. >> they give me the idea, your designers. how do you implement that and where do i get all that have? >> buy it all online from us. ? >> right. >> som like 600 vendors so people you would know like west elm or wayfair and trade vendors
5:12 am
and local artisanal vendors as well. >> love the idea. >> thanks so much for having me. >> up next, we're "on the money" this. 27-year-old has traveled to ev country in the world. how he did it and what he learned along the way. and later, winter is coming. we've got my experience with usaa has been excellent.
5:13 am
they always refer to me as master sergeant. jie my experience with usaa has been excellent. they always refer to me as master sergeant, appreciate a military family. >> we've had auto insurance and homeowner's insurance. >> had an accident with a vehicle and i called usaa before we called the police. usaa was very hands on and very quick, very prompt. i felt like we were being people that actually have a genuine need. we're the weber family and are usaa members for life. usaa members for life. >> usaa, get your insura but some people still like cable. just like some people like wet grocery bags.
5:14 am
getting a bad haircut. overcrowded trains. turnstiles that don't turn. and spilling coffee on themselves. but for everyone else, there's directv. for #1 rated customer satisfaction over cable, switch to directv. and for a limited time get a $100 reward card. call 1-800-directv when someone says they want to see the world, they usually have a few countries on their bucket list but to actually visit every single country in the world is a huge undertaking, one that very few people ever l lovallo is one of them, having recently visited his 193rd country last month and thanks for being here. >> so happy to be here. >> are you really just 27? >> i am. just turned in september. >> now in the world did you knock off all these countries at a young age? >> it was actually a real long process. took over ten years and i was traveling a lot for school and
5:15 am
work. i work in economic development and identity so i was doing a lot of travel for research and work and while work i was staying at a lot of spg and marriott hotels building a lot of points up so when i went on my own trip i could go stay at the hotels for free. >> what was the point that you realized, you know what, i could hit every single country. where were you in your country? >> i took off what i thought would be six months of work and that ended up being a year and i had been to six countries and do one more year of not work, i need to make it a goal and achieve something so that was december last year. i said let's go, let's finish and 2017 was the year that i finished.t were your last 33 country, which were the ones you hadn't gotten to? >> what's crazy because it was never a goal to go all of them i never did it strategically. had ones that were next door. >> my final four countries were on four different continents. i had to go to the pacific and africa to the congo and middle east formen and then to malta for the minail so it was all over for the final. >> wow.
5:16 am
how did you possibly afford doing that, i get the marriott rewards points, spg, but what about just the travel and the plane tickets. yes. a lot of it was for work and school and that was nice and the companies enabled me to do that and then it's just saving and being smart about the way you're spending. i went to international boarding schools so i stayed with friends in something like 75 countries, so grateful that i'm able to have those contacts, but, yeah, just slowly busurely, i don't know. >> havin trad everywhere, where are the places you want to go back to in. >> i've been living in the united arab emes for six years in abu dhabi. i really love it. i think that's the best and most interesting place in the world. there's so much to learn while there. i go every year to tanzania and own a small farm there and loy to go back. my mother is german and my father italian so i'm always going to those two places. 50 countries which i've been to twice which might be more impressive than going to all 193. >> now that you've done that, what's the next item on your bucket list? >> settle down, be a normal guy. i think i'll work in emerging
5:17 am
market finance in either new york or london, want to get an apartment and a girlfriend, maybe a dog, just be, you know, settle down and be normal. >> love it. >> have you been to all 50 states? >> 45 states. >> there's your next bucket list. we have a project for you. >> >> wonderful to meet you. >> thank you. winter just around the corner and lower temperatures means higher heating bills. joining us right now with some tips on how to make your home more efficient is "better homes and garden" magazine director amy brightfield. what are some of the cost-cutting tips? what are ways that i can spend without spending money? >> for, unplug all gadgets when-hour not there. >> coffee-maker. >> cove-maker. >> my computers. >> fv. >> unplug my tv? >> it would take me an hour and a to walk around the house. >> put everything in an energy strip and turn that off. >> okay, that makes sense.
5:18 am
>> do that or do key ones or if you can't do it every day do it when you're not there for the weekend or when you're going to be gone for a whole day on saturday or sunday. >> makes sense if i have a power strip. do your laundry in cold water. >> today, most detergents are really strong and good and do as much laundry in cold water so then the water heater isn't fired up. maybe don't do sheets and towels in the cold water but can you do most everything in cold water and it really saves a tremendous amount of energy with the water heater. >> how on average are we house? about heat escaping from >> it depends on like the cracks and crevices, the space around the door and windows. it can add up to as much as a nine square foot hole loss of heat. >> what? >> if you go around the house, want to go around your house and check under doors, around windows and seal everything up with weather stripping which is pretty inexpensive and easy or with calking and make sure that all of that isup. i'm just thinking what have my grandpa used to say. we're not paying to heat
5:19 am
neighborhood. he was right. >> exactly. everything can escape so make sure it's all sealed up. >> we use these things to keep the heat in. >> yes. >> you also suggest lowering the temperature on your water heater. why and what does that mean? >> well, we're at about 110 to 120. most people have it cranked up to 140. >> rud kidding? >> still comfortable at 110 to 120. the water heater takes a tremendous amount of water so keep it at 1910 to 120. >> and i'll still have plenty of hot water when all the kids want to take a shower at the same time? >> and lower the risk of burning yourself. whe it comes it things like light bulbs and windows, what do we want to do? >> have double pane windows and ones that are energy star. some have a coating on it to keep the heat in, so you want to trade out incandescent light bulbs to fluorescent light bulbs, cost a dollar more and last ten times longer and can reduce your energy by 75%. >> i hate the white lights of the fluorescent ones.
5:20 am
are they getting better? >> they are getting better. >> it looks like a hospital. >> maybe don't do it in every single place but in some specific, even if you change out some of them, can you -- you'll be reducing your energy output. >> all right. amy, thanks so much for joining us today. >> thanks for having me. >> great to see you. >> up next "on the money," a at the news for the week ahead. and johnny carson guarded his privacy while he was the host of "the tonight show." we'll take you beyond the gates and no his malibu palace. it's on the market right now, but there is one little catch. anything. even a swing set standoff. and we covered it, july first, twenty-fifteen. talk to farmers. we know a thing or two because we've seen a thing or two. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪
5:21 am
every truck guy has their own way of conveying powerful. yeeaaahhh boy. kind of looks like a monster coming to eat ya. holy smokes. that is awesome. strong. you got the basic, and you got the beefy. i just think it looks mean. incredible. no way. i'm getting goosebumps. this holiday season, become part of the chevy family. use your employee discount for everyone and trade up to this silverado all star to get a total value of over eleven thousand dollars. find new roads at your local chevy dealer.
5:23 am
♪ here are the stories coming up that may impact your money this week. on tuesday we'll be getting a barometer of the housing market with new home starts. wednesday marks the 100th anniversary of th national hockey league. then on thursday we'll be getting the third and final reading for the third quarter gdp, and it's the winter solstice. that the shortest day of the year so you know it gets brighter and brighter from there. it's also national re-gifting day. you know you're not going to love everything that you get this holiday is so you might as well put it to good use. then on friday we'll see how many durable goods were sold in the month of november. as host of "the tonight show," johnny carson was the king of late night for 30 years. of course, the king needed a castle, and he found it right on the ocean in malibu. the mansion is again up for sale, and our robert frank got
5:24 am
the full tour. >> reporter: there is no strip of sand in all of california that attracts the ultra rich and super famous like malibu. and there's no better example of the allure than the flip top trophy house with a power to sedu the king of late night tv johnny carson after just one visit. >> do we know anything about how he found this place? >> reporter: he came out to a party who walked in and said how much, and they said it's not for sale. and he said how much, and he wrote an offer that they couldn't refuse. >> repor that offer was a reported $9.5 million, more than throw decadelater, the late night tv icon's coastal compound is owned by a hollywood power couple looking to sell it for $81.5 million. when you roelle roll up this hideaway's lush drive you will see what made this talk show host pull out his checkbook and turn it into his full-time
5:25 am
residence for 20 years. >> there are trees growing in this living room. >> there really are. it's a indoor arboretum. >> rep every inch of the 7,000 square foot mansion is drenched in sunlight thanks to the 30-foot high wall of window and massive glass ceilings with a giant gilded sun sculpture at its center. outside is where johnny soaked in his success, with a waterfall that flows into a swimming pool carved into a rock terrace and a pond where even the fish date back to the carson years. the four-acre estate continues across the street to a separate plot of land where the tv star could host visitors in a two-bedroom guest house. enjoy a workout in the open-air gym or just relax in the luxurious home spa. but one of the talk show king's most beloved spots on the secluded property is right here on the tennis lover's private championship court. extravagant gift paid for by his bosses at the network. >> we're at johnny's court that
5:26 am
nbc gave him in appreciation, and we are sitting on the center court bench that johnny sat on and wimbledon gave it to him as a gift. >> repor it's all enough to make you want to channel mr. carson and make these owners an offer they can't refuse. that malibu estate is listed by its current owners hollywood producer who bought it after carson's death for a reported of 46 million and now on the market for a little over 81. >> i have so many questions on this. if he bought this back in 1987 at $9.7 million, what does that work out in terms of prices? >> terms of dollar amount, it would be about double, but real estate in malibu, they have had two deals just this year for over $85 million. >> so this is a bargain. >> this is actually a bargain. it's a great spot. your neighbors include barbra streisand, julia roberts, martin sheen. i mean, this is, in my view, the
5:27 am
best part of malibu because it's so private. he was a private person, too. >> he was very private. in fact, that giant house which is about 11,000 square foot, when joanie owned, it it o one bedroom because he didn't like guests. he didn't want visitors, so the visitors, if you came to see joan works say by the tennis courts. >> get out, you're not welcome. >> across the street. >> come for dinner and please leave. >> now it has more bedrooms. >> they have configure it had to be like a normal house. there's multiple bedrooms and they will have guests. >> that's amazing. >> it's really a throwback to another era of television, of real estate, but great real estate never goes out of style. that location is one of the best in all of california. >> robert, thanks so much. >> thank you. >> great to see you. >> you too. >> nokes, that's the show for today. i'm becky quick. thank you so much for joining us. next week, holiday wines. after saying those words puts a smile on my face. guess what, we get to go for a taste test next week. make sure you keep it here each
5:30 am
right now on nbc 10 news today, deadly hit-and-run. police are looking for the driver who killed a father of four on i-95 and kept going. this morning we're hearing from the victim's friends. >> winning without winning. today the focus is on nick foles as he steps back into the spotlight as the birds' starting quarterback. mild december day on tap. we're getting a break from the cold and expecting a warm-up. a live look over center city. krystal klei has the details in your first alert forecast. good morning. this is nbc 10 news today. i'm rosemary connors. >> and i'm dray clark. stepped out the door this morning and it didn't feel as cold as it
105 Views
IN COLLECTIONS
WCAU (NBC)Uploaded by TV Archive on
