Scam Inc 1: Pigs in a barrel
Economist Podcasts
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Betrayal at the Bank
This chapter uncovers a shocking incident where the CEO of a local bank illicitly transfers $47.1 million to a cryptocurrency exchange, leading to a crisis among the board members. The narrative explores themes of trust and betrayal, highlighting the emotional strain on shareholders and the potential collapse of a community staple. As the fallout unfolds, parallels to larger global fraud trends emerge, setting the stage for a deeper investigation into modern scams.
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