Billion Dollar Whale - The Bestselling Investigation Into The Financial Fraud Of The Century

Billion Dollar Whale is a bestselling investigative book about a major financial fraud. It is presented as a non-fiction investigation into large-scale white-collar crime.

• Now a #1 international bestseller
• Described by Publishers Weekly as “an epic tale of white-collar crime on a global scale” (starred review)
• Centres on Jho Low, a University of Pennsylvania Wharton School graduate
• Details allegations involving billions siphoned from an investment fund over more than a decade
• References links to Goldman Sachs and the financing of Hollywood films including The Wolf of Wall Street

The book describes how, beginning in 2009, Jho Low set in motion a fraud characterised in the source as unprecedented in scale, and one that came to represent a wider threat to the global financial system. It states that, over more than a decade, billions of dollars were siphoned from an investment fund while regulators failed to detect it.

It also recounts how the money was used to finance elections, buy luxury property and fund high-profile parties, as well as to back Hollywood productions. By early 2019, the source reports that assets including a yacht and private jet had been seized and that Low faced criminal charges in Malaysia and the United States, while the US Department of Justice investigation continued.