another bank robber, willie sutton, may have said it best -- "because that's where the money is." >>he's a smart guy. he knew that. he knew these people had money, and those were the people that he targeted. >> narrator: bernice tingle receives monthly annuity payments from mccant, based on her investment of more than one million dollars. >> so for a little over a year, monies were coming in like they were supposed to and allowing me to sustain. and then it was cut off. and then i was just left there. >> at some point, his bank accounts dried up, and when investors stopped receiving their money, they realized that they might be in trouble. and that's when they came to the fbi. a lot of times with white-collar cases, we'll see a sophisticated money trail. but we didn't really see that with this case. >> mccant spent almost all of the money. there was virtually nothing left. he spent it -- as soon as it came in the door, it went out the door, and usually for himself -- restaurants, hotel bills, airfare, jewelry. >> narrator: as the fbi learns the truth about mccant's scheme, investors