Deep dives into the biggest financial scandals in modern history.
Carillion’s collapse under £7 billion in debt became the UK’s biggest corporate failure, exposing how aggressive accounting masked years of deteriorating finances.
The Toshiba accounting scandal exposed seven years of inflated profits totaling $1.2 billion, revealing deep flaws in Japan’s corporate governance culture.
The Stanford Financial Group Ponzi scheme: how Allen Stanford sold $7 billion in fake CDs from Antigua, defrauding 18,000 investors in a decades-long fraud.
How Countrywide Financial became America’s largest mortgage lender by fueling the subprime crisis with toxic loans, contributing to the 2008 housing collapse.
The Bre-X Minerals fraud: how a $6 billion gold mining hoax was built on salted core samples in Borneo, ending with a mysterious death in the Indonesian jungle.
How $4.5 billion was looted from Malaysia’s 1MDB sovereign wealth fund in one of history’s largest kleptocracy cases, involving Goldman Sachs and global money laundering.
Wirecard fooled investors, journalists, and European regulators for years. Here’s how €24 billion evaporated from a company that never really existed in the first place.
Wells Fargo’s toxic sales culture pushed employees to open millions of unauthorized accounts for years. Here’s how the scandal was hidden — and how a whistleblower finally ended it.
VW’s defeat device software made 11 million cars pass emissions tests in labs but pollute up to 40x the legal limit on real roads. Here’s how the $30 billion scandal unfolded.
Bernie Madoff ran history’s largest Ponzi scheme for 17 years, survived multiple SEC inspections, and fooled every major bank. Here’s exactly how he pulled it off.