Detailed text transcripts for TV channel - MSNBC - 20160109:09:26:00

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$10,000 or $50,000 and be gone. that person thinks they have a valuable horse and it is years or months later before they discover they are had. >> go to auction and buy a horse for $500 and sell it for $10,000. >> we would put medicine in them and keep selling them. >> jayne learned a horse is worth more dead than alive. >> he made his money by burning barns down and collecting on the insurance, by killing horses and collecting on the insurance. >> it's horrifying. the horses are screaming and crying and stuff like that. it's held. you can smell the skin burning, hair burning. and by that time i started freaking out. i couldn't handle it. >> this is the dangerous world prosecutors richard bailey led helen brach into. they say bailey was in thick with the horse mafia. just how thick would turn out to be a critical question. >> the first time bailey came

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