The billion dollar whale : shows next great threat to the global financial system.
The Billion Dollar Whale - show next great threat to the global financial system.
The Billion Dollar whale ( Chinese version )
Tom Wright Bradley Hope
Named a Best Book of 2018 by the Financial Times and Fortune,
this "thrilling" ( Bill Gates ) New York Times bestseller exposes
how a "modern Gatsby" swindled over $5 billion US DOLLARs
with the aid of Goldman Sachs in "the heist of the century" (Axios).
Now a Number One (1) international bestseller,
BILLION DOLLAR WHALE is "an epic tale of white-collar crime
on a global scale" (Publishers Weekly, starred review),
revealing how a young social businessman from Malaysia
pulled off one of the biggest heists in history.
In 2009, a chubby, mild-mannered graduate of the
University of Pennsylvania's Wharton School of Business
named JLow set in motion a fraud of unprecedented
gall and magnitude--one that would come to symbolize
the next great threat to the global financial system.
Over a decade, JLow, with the aid of Goldman Sachs and others,
siphoned billions of dollars from an investment fund (1MDB) -
right under the nose of global financial industry watchdogs.
Low used the money to finance elections, purchase luxury real estate,
throw champagne-drenched parties, and even to finance Hollywood films
like The Wolf of Wall Street.
By early 2019, with his yacht and private jet reportedly seized by authorities
and facing criminal charges in Malaysia and in the United States,
Low had become an international fugitive,
even as the U.S. Department of Justice continued its investigation.
BILLION DOLLAR WHALE has joined the ranks of Liar's Poker,
Den of Thieves, and Bad Blood as a classic harrowing
parable of hubris and greed in the financial world.
The book that change the gobal fund transfer matters
is a Malaysian businessman and international fugitive sought
by the authorities in Malaysia, Singapore, and the United States
in connection with the 1MDB scandal. He is accused of being
the mastermind of the alleged 1MDB fraud.
comprehensive settlement with the US government
forever resolving all civil, criminal, and administrative
proceedings concerning asset forfeiture claims
against various Low-linked assets.
extensively through major cities, secretly.
He has managed to travel freely despite the Malaysian police
having submitted an Interpol red alert,
saying that these actions are politically motivated.
Malaysian strategic development company,
wholly owned by the Malaysian Governemnt under
Minister of Finance (Incorporated).
Since 2015, the company has been under heavy scrutiny
for its suspicious money transactions and evidence
pointing to money laundering, fraud, and theft.
Bradley Hope
BILLION DOLLAR WHALE is "an epic tale of white-collar crime
on a global scale" (Publishers Weekly) ,
revealing how a young social climber from Malaysia pulled off
one of the biggest heists in history.
US$11.73 billion in debt.
Some of this debt resulted from a $3 billion state-guaranteed 2013
bond issue led by Goldman Sachs, who is believed to have made
as much as $300 million in fees from that deal alone,
although it disputes this figure.
to siphon US$4.5 billion from 1MDB into his personal accounts.
The Billion Dollar whale ( Chinese version )
Tom Wright Bradley Hope
Named a Best Book of 2018 by the Financial Times and Fortune,
this "thrilling" ( Bill Gates ) New York Times bestseller exposes
how a "modern Gatsby" swindled over $5 billion US DOLLARs
with the aid of Goldman Sachs in "the heist of the century" (Axios).
Now a Number One (1) international bestseller,
BILLION DOLLAR WHALE is "an epic tale of white-collar crime
on a global scale" (Publishers Weekly, starred review),
revealing how a young social businessman from Malaysia
pulled off one of the biggest heists in history.
In 2009, a chubby, mild-mannered graduate of the
University of Pennsylvania's Wharton School of Business
named JLow set in motion a fraud of unprecedented
gall and magnitude--one that would come to symbolize
the next great threat to the global financial system.
Over a decade, JLow, with the aid of Goldman Sachs and others,
siphoned billions of dollars from an investment fund (1MDB) -
right under the nose of global financial industry watchdogs.
Low used the money to finance elections, purchase luxury real estate,
throw champagne-drenched parties, and even to finance Hollywood films
like The Wolf of Wall Street.
By early 2019, with his yacht and private jet reportedly seized by authorities
and facing criminal charges in Malaysia and in the United States,
Low had become an international fugitive,
even as the U.S. Department of Justice continued its investigation.
BILLION DOLLAR WHALE has joined the ranks of Liar's Poker,
Den of Thieves, and Bad Blood as a classic harrowing
parable of hubris and greed in the financial world.
The book that change the gobal fund transfer matters
Who is Jolo?
Low Tek Jho (born 4 November 1981), often called Jho Low,is a Malaysian businessman and international fugitive sought
by the authorities in Malaysia, Singapore, and the United States
in connection with the 1MDB scandal. He is accused of being
the mastermind of the alleged 1MDB fraud.
What happened to Jho Low now?
On 31 October 2019, Jho Low entered into a global,comprehensive settlement with the US government
forever resolving all civil, criminal, and administrative
proceedings concerning asset forfeiture claims
against various Low-linked assets.
Which country friendly to Jho Low?
Jho Low is believed to be in China or Taiwan where he travelsextensively through major cities, secretly.
He has managed to travel freely despite the Malaysian police
having submitted an Interpol red alert,
saying that these actions are politically motivated.
What does 1MDB stand for?
1Malaysia Development Berhad (1MDB) is an insolventMalaysian strategic development company,
wholly owned by the Malaysian Governemnt under
Minister of Finance (Incorporated).
Since 2015, the company has been under heavy scrutiny
for its suspicious money transactions and evidence
pointing to money laundering, fraud, and theft.
Who wrote the Book "billion dollar whale " ?
Tom WrightBradley Hope
Is billion dollar whale fiction?
Now a number One (1) international bestseller,BILLION DOLLAR WHALE is "an epic tale of white-collar crime
on a global scale" (Publishers Weekly) ,
revealing how a young social climber from Malaysia pulled off
one of the biggest heists in history.
How much is 1MDB debt?
According to its publicly filed accounts, 1MDB has nearlyUS$11.73 billion in debt.
Some of this debt resulted from a $3 billion state-guaranteed 2013
bond issue led by Goldman Sachs, who is believed to have made
as much as $300 million in fees from that deal alone,
although it disputes this figure.
How much did Jho Low steal?
Prosecutors allege Low to be the mastermind of a schemeto siphon US$4.5 billion from 1MDB into his personal accounts.
What Wikipedia have to say ?
BAD BLOOD
New York Times Best Seller
Named one of the best books of the year by: NPR, The New York Times Book Review, Time, Wall Street Journal, Washington Post
The McKinsey Business Book of the Year
The full inside story of the breathtaking rise and shocking collapse of Theranos, the one-time multibillion-dollar biotech start-up founded by Elizabeth Holmes - now the subject of the HBO documentary The Inventor - by the prize-winning journalist who first broke the story and pursued it to the end.
“The story is even crazier than I expected, and I found myself unable to put it down once I started. This book has everything: elaborate scams, corporate intrigue, magazine cover stories, ruined family relationships, and the demise of a company once valued at nearly $10 billion.” (Bill Gates)
In 2014, Theranos founder and CEO Elizabeth Holmes was widely seen as the female Steve Jobs: a brilliant Stanford dropout whose start-up “unicorn” promised to revolutionize the medical industry with a machine that would make blood testing significantly faster and easier. Backed by investors such as Larry Ellison and Tim Draper, Theranos sold shares in a fund-raising round that valued the company at more than $9 billion, putting Holmes’ worth at an estimated $4.7 billion. There was just one problem: The technology didn’t work. A riveting story of the biggest corporate fraud since Enron, a tale of ambition and hubris set amid the bold promises of Silicon Valley.
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