Baffling examples of extraordinary fraud

Baffling:

impossible to understand; perplexing; bewildering; puzzling

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Banksters: HSBC’s Dirty Money | Corruption, Crime & Cartels (HSBC Investigation Documentary)

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17 nov 2022

From the director of ‘Goldman Sachs: The Bank that Rules the World’ comes a major new investigation into corruption at one of the world’s top financial institutions – HSBC.

If HSBC were a country, it would be the fifth world economic power. Founded during the golden age of the Opium trade to enable the British Empire to access the Chinese market, it has created a unique network to move dirty money around the world. From tax evasion to money laundering for the mafia and manipulation of currency, “this bank had done everything bad that a bank can possibly do.”

In 2012, HSBC nearly lost its license to operate in the US for laundering the money of the Mexican and Columbian drug cartels. Criminal charges were filed and HSBC’s executives hauled before a Senate committee. But George Osborne, UK’s then Chancellor of the Exchequer, wrote to his counterpart in America and to the Chairman of the Federal Reserve to plead for leniency. He claimed that if HSBC received a harsh punishment, it would have serious repercussions on the world’s financial and economic stability. The letter worked and HSBC was fined 2 billion euros. The equivalent of one month’s profits.

As the centre of international finance moves to Asia, HSBC is in prime position. It is the most Chinese of Western banks and the most European of Chinese banks. Protected by London, blessed by Beijing, who would dare attack it?

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Billion-dollar fraud and Ponzi schemes | 60 Minutes Full Episodes


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From 2009, Steve Kroft’s investigation of Marc Dreier’s Ponzi scheme. Also from 2009, Kroft’s interview with government agents fighting the $60 billion Medicare fraud industry. From 2012, Scott Pelley’s report on stem cell fraud. And from 2010, Morley Safer’s examination of how con artists deceive people.

For video licensing inquiries, contact: licensing@veritone.com

0:00 Introduction
0:11 The Swindler
13:27 Medicare fraud
27:26 Stem Cell Fraud
43:44 Pigeon Fever

1 Enron – The Biggest Fraud in History

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30 aug. 2019

In this video we take a look at the Enron story. At over $60 billion being scammed away from the public, they were the biggest fraud in history. Yes, even bigger than Theranos.
 
— About ColdFusion —
ColdFusion is an Australian based online media company independently run by Dagogo Altraide since 2009. Topics cover anything in science, technology, history and business in a calm and relaxed environment.
 
 

2 How to Lie Your Way to $34 Billion [Nikola Motors Fraud]

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25 okt. 2021

Trevor Milton took the phrase “fake it till you make it” to the extreme. Let’s take a look at the wild story of Nikola Motors. I’ve been sitting on this script idea for a year, so here it finally is.
 
— About ColdFusion —
ColdFusion is an Australian based online media company independently run by Dagogo Altraide since 2009. Topics cover anything in science, technology, history and business in a calm and relaxed environment.
 
 
 

3 When Greed Goes Too Far – The Worldcom Fraud

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21 mei 2021

Become smarter in 5 minutes by signing up for free today:
 
 

4 The Wirecard Fraud – How One Man Fooled all of Germany

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6 aug. 2020

The heavily requested video on the wirecard scandal. How can $2 billion just go missing? This story raises many questions about the regulatory bodies we all trust to keep the business financial system in line.
 
— About ColdFusion —
ColdFusion is an Australian based online media company independently run by Dagogo Altraide since 2009. Topics cover anything in science, technology, history and business in a calm and relaxed environment.
 
 

5 Dirty Rotten Swindlers | Inside Story – Crime | S2E03

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Dirty Rotten Swindlers: This prime time current affairs series investigates major crime stories and events that hit the headlines in Australia and beyond.
 
 

6 WeWork – The $47 Billion Disaster

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20 nov. 2019

Part 2 of the WeWork Story: https://youtu.be/uV0GiKfHx2Q
 
From $47 Billion, to the verge of bankruptcy in just a matter of weeks. The WeWork disaster is a real roller coaster and it would seem that their erratic CEO Adam Neumann is mostly to blame.

7 The dramatic undercover sting exposing Nigerian fraud syndicates | 60 Minutes Australia

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Full Episodes:
https://9now.app.link/uNP4qBkmN6 |
The Big Sting (2007) You might think they’re a bit of a joke, all those pesky e-mails, faxes and letters offering you a fortune. Well, they’re not. Those get rich quick schemes – the Nigerian scams – are big business. A vicious international racket, run by serious gangsters. And now, for the first time we have some idea how many ordinary, hard-working Australians are being conned and how much they’re losing. Millions of dollars every month. But, after a three-month-long investigation here and in Nigeria, there’s sweet revenge. We tracked down the racketeers. And in a series of dramatic raids and sting operations, nailed the Mr Bigs.

8 Vélos, voitures et camions… Oh mon Dieu! | Compilation de juste pour rire

15 sep. 2020

Compilation de blagues en auto!
 
Bienvenue sur le réseau de nos célèbres Gags Juste pour Rire: Des farces de camera cachée ridicules faites à des passants qui ne se méfient de rien!

Current page

Trust is a Paradox

Bernie Madoff

Lehman Brother

Richest Man

Fake Degrees