ABC announced the series for its fall schedule as Let's Rob... in May, and the final name change to Knights of Prosperity was reported in July 2006.

ABC later announced that the program would be shelved[6] and rescheduled for a January 2007 airdate due to the network now making another sitcom, Big Day, a priority for the Tuesday night schedule.

[8] However, the show was ultimately canceled, and was briefly brought back in the summer to burn off the remaining episodes along with fellow low-rated newcomer The Nine.

The wallets contained a receipt from "Enterprise Luxury Goods Ltd." for millions of dollars in purchases, a claim check for a platinum wristwatch, and an invitation to join a promotional group via text message.

[10] On December 31, 2006 during New Year's Eve in Times Square, ABC also distributed orange acrylic hats bearing a white embroidered "KOP".