the man who robbed an entire country

7 months ago
87

The greatest financial heist -how an unknown
guy called Jho Low stole billions of dollars in
an audacious financial scam involving
Malaysia's investment fund, 1MDB. Jho Low
probably had more spending power than
anyone else on Earth, since his money wasn't
tied up in stocks, real estate or other illiquid
assets and investments. Jho Low had cash to
spend. And he spent those millions of dollars
the same way any of us might dream of:
throwing extravagant parties, networking with
celebrities and even financing movies like The
Wolf of Wall Street (which is kinda ironic a film
about a financial scam was financed thanks to
a financial scam)
Jho Low's financial fraud was achieved through
shell accounts, tax havens and the use of
loopholes and bearer shares. But most
importantly, Jho Low become a billionaire
because of his networking abilities - he
strategically worked his way into the lives of
the rich and famous. However, financial fraud
ike this has very real world repercussions
that money was meant to help the country of
Malaysia, and be used in construction products
that could have really benefited a lot of people
This is the insane story of Jho Low, and how to
get rich fast if you have no morals.

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