Billion Dollar Whale: the bestselling investigation into the financial fraud of the century by Tom Wright, Bradley Hope

Billion Dollar Whale: the bestselling investigation into the financial fraud of the century is written by Tom Wright and Bradley Hope. It is an investigative account of a major financial fraud.

Key details

• Author: Tom Wright
• Author: Bradley Hope
• Described as a bestselling investigation
• Focuses on a major financial fraud

Synopsis

The book recounts how rumours in 2015 alleged that billions of dollars had been stolen from a Malaysian investment fund, with twenty-seven-year-old Jho Low identified as the mastermind. It describes how he cultivated a jet-setting reputation by arranging and funding elaborate parties for Wall Street bankers, celebrities and royalty.

According to the description, Low stole billions of dollars with the aid of Goldman Sachs and others, evading global financial watchdogs. The account details how the money was used to finance elections, buy luxury real estate, host lavish parties and bankroll Hollywood films including The Wolf of Wall Street, while examining how the financial industry enabled the scheme.