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Resource ID: #28206
Subject: Fraud
Source: query failed
Affiliation: 
Date: 18-Sep-18

$0.00

Description

In 2009, a mild-mannered graduate of the Wharton School of Business set in motion a fraud of unprecedented gall and magnitude—“like 100 heist movies strung together” (Matt Taibbi)—and one that would eventually ensnare leading bankers and even threaten the future of investment behemoth Goldman Sachs. The story of “the $5 billion swindle known as 1MDB” would become “a textbook case of financial fraud in the modern age" (New York Times). Over a decade, Jho Low siphoned billions from an investment fund—seemingly under the nose of financial watchdogs. He used the money to purchase luxury real estate, to throw champagne-drenched parties with celebrities like Leonardo DiCaprio and Paris Hilton, and even to finance Hollywood films like The Wolf of Wall Street. As his scheme finally unraveled, with his yacht and private jet seized, Low disappeared. Billion Dollar Whale reveals the full story of the financial world's most unlikely fugitive—a harrowing parable of hubris and greed in the twenty-first century.

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