{"podcast":{"title":"The Fraud Archive – Iconic Cons, Scams and Financial Crimes explained in minutes","slug":"the-fraud-archive-iconic-cons-scams-and-financial-crimes-explained-in-minutes-7902903","podcast_index_feed_id":7902903,"rss_url":"https://feeds.acast.com/public/shows/6a24720b250fa4918b1f9c64","website_url":"https://shows.acast.com/the-fraud-archive","image_url":"https://assets.pippa.io/shows/6a24720b250fa4918b1f9c64/1780908678335-37a58c91-2714-4a23-ab91-c528c3b03323.jpeg","author":"Jonathan Lo Piparo","episode_count":35,"summary":"The Fraud Archive is part of The Archive Network by Jonkai Ventures, a collection of podcasts dedicated to the stories that shaped our world. This series unmasks history's greatest cons, scams, and financial deceptions: the Ponzi schemes, accounting frauds, crypto collapses, pyramid schemes, and con artists who fooled investors, regulators, and entire nations. From Charles Ponzi and Bernie Madoff to Enron, Theranos, Wirecard, and FTX, each episode brings a true story of deception to life as a documentary-style narrative: how the scheme worked, who fell for it, and how it finally unraveled. Support the podcast and access exclusive content on Patreon: https://thearchivenetwork.com/support Discover more at: https://thefraudarchive.com https://thearchivenetwork.com Hosted on Acast. See acast.com/privacy for more information.","last_synced_at":"2026-07-25T06:20:36.079715+00:00","page_url":"https://stenobird.com/podcast/the-fraud-archive-iconic-cons-scams-and-financial-crimes-explained-in-minutes-7902903"},"episode":{"title":"1MDB: How a Malaysian Sovereign Fund Was Looted for $4.5 Billion - Part 5: The Price of Belief","slug":"1mdb-how-a-malaysian-sovereign-fund-was-looted-for-4-5-billion-part-5-the-price-of-belief","published_at":"2026-07-03T17:00:00+00:00","page_url":"https://stenobird.com/podcast/the-fraud-archive-iconic-cons-scams-and-financial-crimes-explained-in-minutes-7902903/1mdb-how-a-malaysian-sovereign-fund-was-looted-for-4-5-billion-part-5-the-price-of-belief","show_page_url":"https://stenobird.com/podcast/the-fraud-archive-iconic-cons-scams-and-financial-crimes-explained-in-minutes-7902903","url":"https://shows.acast.com/the-fraud-archive/episodes/1malaysia-development-berhad-aftermath","audio_url":"https://sphinx.acast.com/p/open/s/6a24720b250fa4918b1f9c64/e/6a268808b5aa4a3ec70b3221/media.mp3","summary":"After the scandal broke open, the accounting began. But accounting is slower than theft. It is narrower. It is often less satisfying. By the time courts, prosecutors, and regulators started closing in, the money had already been turned into houses, art, retainers, luxury goods, and political damage spread across several countries.The question was no longer whether 1MDB had been looted. The question was what could still be recovered, and what that recovery would say about the systems that failed. In July two thousand twenty, a Malaysian court convicted Najib Razak in a case connected to SRC International, a former 1MDB subsidiary. He was sentenced to twelve years in prison and fined two hundred and ten million ringgit.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. Support the podcast and access exclusive content on Patreon: https://thearchivenetwork.com/support Discover more archives and stories: https://thearchivenetwork.com Explore this archive: https://thefraudarchive.com Hosted on Acast. See acast.com/privacy for more information.","meta_description":"After the scandal broke open, the accounting began. But accounting is slower than theft. It is narrower. It is often less satisfying. By the time courts,…","key_points":[],"chapters":[],"topics":[],"duration_seconds":472,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-fraud-archive-iconic-cons-scams-and-financial-crimes-explained-in-minutes-7902903/episodes/1mdb-how-a-malaysian-sovereign-fund-was-looted-for-4-5-billion-part-5-the-price-of-belief/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-fraud-archive-iconic-cons-scams-and-financial-crimes-explained-in-minutes-7902903/1mdb-how-a-malaysian-sovereign-fund-was-looted-for-4-5-billion-part-5-the-price-of-belief.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}