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1MDB: How a Malaysian Sovereign Fund Was Looted for $4.5 Billion - Part 2: The Pitch That Sold the Lie
Season 4
Episode 2
Published 1 month ago
Description
The strange thing about 1MDB is that the pitch was almost too good. It was not sold as a risky deal. It was sold as a sovereign opportunity. A state-backed fund. Political support. Access to capital markets. In a world where money often moves on confidence before it moves on proof, that was enough to make people lean in.And lean in they did. Investors, bankers, advisers, and counterparties encountered a network that looked elite from every angle. There was a prime minister’s circle. There were major banks. There were polished intermediaries with the right accents, the right rooms, and the right connections. No one met a lone fraudster in a basement. They met a system. And the system itself was the sales pitch.Learn more at: https://thefraudarchive.com/fraud/1malaysia-development-berhad
The Fraud Archive is part of The Archive Network by Jonkai Ventures, a collection of podcasts dedicated to exploring history's greatest cons, scams, and financial crimes.
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