Financial Crime and Business Scandals | Bloomberg Originals Marathon

A compilation of deep-dive, mini-documentaries covering compelling stories of financial crime, business scandals and unsolved murders through the lens of Bloomberg's reporting. From money laundering in Singapore to China-linked corporate espionage in Denmark and tainted drugs in Africa and South America, follow these fascinating investigations.
00:00 - The $120 Million Coke Can Heist
6:06 - Singapore, China and a $2 Billion Money Laundering Scandal
14:55 - The Mysterious Murder of a Billionaire Canadian Couple
26:38 - Intrigue in Copenhagen: A Tale of High-Stakes Corporate Espionage
34:17 - How India's Drug Exports May Have a Safety Problem
43:20 - How Deadly Cough Syrup Spread Around the World
52:24 - The $24 Million SIM-Swapping Hack
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The $120 Million Coke Can Heist: • When Chinese Industria...
Shannon You’s story is about so much more than just Coca-Cola’s other secret recipe. Her get-rich-quick scheme cast new light on how industrial espionage has become a big part of China’s economic growth, and provided fuel to those who accuse the country's Thousand Talents Program of incentivizing technology theft on an unprecedented scale. Bloomberg reporters dug through reams of documents and FBI interrogation footage to reveal how a middle-aged chemical engineer's story became a parable of US-China economic tensions.
Singapore’s Dirty Money Problem - Singapore, China and a $2 Billion Money Laundering Scandal: • Singapore, China and a...
Singapore has long been a haven for the super wealthy, with its low taxes, safety and stability. Threatening to upend that carefully crafted image, however, is a sprawling $2.2 billion money laundering scandal. Though the vast majority of investment in the city-state is above board, its famous openness to inflows is now under scrutiny.
The Mysterious Murder of a Billionaire Canadian Couple: • The Mysterious Murder ...
It's been five years since the brutal killings of pharmaceutical industry billionaire Barry Sherman and his wife Honey in their Toronto home. The case remains unsolved, leaving numerous unanswered questions. But the police say calling it a cold case would be a mistake.
Intrigue in Copenhagen: A Tale of High-Stakes Corporate Espionage: • Intrigue in Copenhagen...
When Chinese tech giant Huawei learned it was set to lose a $200 million contract, a run-of-the-mill equipment deal spiraled into a saga of hidden microphones, drone encounters and covert surveillance, according to investigators for a Danish telecoms firm. Bloomberg reporters crisscrossed Copenhagen for the tale of TDC’s 5G showdown, in which technology, business and national security collide.
How India's Drug Exports May Have a Safety Problem: • How India's Drug Expor...
Hospitals around the world use drugs from a small but crucial Indian supplier. In Colombia four kids died and more than a hundred fell ill. In a months-long investigation, Bloomberg Businessweek found that, despite a track record of safety lapses and quality concerns, the manufacturer continued selling its drugs.
How Deadly Cough Syrup Spread Around the World: • How Deadly Cough Syrup...
After dozens of African children were killed by contaminated medicine made in India, the Modi government called it fake news. Bloomberg's Zachary Mider investigates.
The $24 Million SIM-Swapping Hack: • The $24 Million SIM-Sw...
When Michael Terpin loses $24 million to a SIM-swapping hack, he fights back against the young hackers and takes on AT&T in a legal battle for $224 million. This cautionary tale exposes the rise of SIM-swapping incidents and the vulnerabilities of service providers in the face of digital identity theft.
#documentary #crime #business
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[@business]

Thanks for watching our compilation of financial crime, business scandals and other fascinating stories! If you want to see more documentaries like these, check out our News Spotlight series: kzbin.info/aero/PLqq4LnWs3olXOhUOv4O6r-9OdWTQN83se Subscribe to our channel: kzbin.info Watch Bloomberg Originals live: kzbin.info/www/bejne/hZ24fneQmM2crLM

[@peekaboopeekaboo1165]

Bloomberg's voice over: Gloria Cheung was made to speak with an FOB accent for Huawei's response .

[@got_glintsp963]

I’ve been a pharmacist for over 30 years and earned my BS in Pharmacy then my Doctorate and have specialized in Geriatrics and Pharmacology. I have worked in industry in QC &RD, home infusion, hospital, community retail, LTC, teaching etc. I am not being mean but in my experience most recalls and quality/safety issues did originate from India based companies. Affordable because corners are cut, practices are not uniform, staff is exploited and … quote unquote one Indian pharmacy manager told me when I discovered an error another pharmacist authorized which led to the death of a 78 F… “It’s not a big issue. That’s why we have insurance. Let me deal with it”. I was transferred to another location and not permitted to follow up. I reported them to state authorities.

[@patriciablue2739]

I’m so glad American investigators and inspectors and regulators are working to protect people. Thank you for posting.

[@unknownanon4993]

..... Edward Snowden buddy

[@unknownanon4993]

😂

[@skumsters2323]

waky waky eggs and baky the us is turning into a 3th world country to us europians. For the americans that still think we see them as the boss of the world. Thats long gone.

[@egtaha]

Lol protecting people or protecting powerful corporations and their billions of dollars?!

[@gullybull5568]

Any ISREALI spies caught .? L O T S😢

[@havencat9337]

my doctor in UK, Bangladesh descent btw, told me to avoid Indian generics... i see they know well what its happening there

[@jimsteinberg9291]

Outstanding journalism. Thank you.

[@dltn42]

Just American propaganda 😂... Everyone knows the big companies and billionaires don't pay a penny from taxes, all money laundering happens in tax heavens including UK and other European countries. This video just tries to attack Asia.

[@De23Rosa]

The first women ruined her career because of greediness will never be employable

[@wentan7]

Not employable in the US. Very employable in China

[@vazzaroth]

@@wentan7 Yea seemed pretty lucrative to me lol. Jailtime is bad but when you got a nice payday and foreign gov't waiting for you, meh!

[@drflat9223]

employable? she is almost 60, end of her cycle and ready to retire. This is the last cash grab before retirement. Cases like this should be life in prison. So the next one will think twice.

[@thebagelsproductions]

She got 14 years and presumably extradition to China afterwards where she has no money waiting for her. It didn't work out well for her

[@kennethvenezia4400]

She said crime in Singapore is low? The whole place is loaded with crime and criminals, and most of them are at the bank

[@jont2576]

and most of them foreigners that came to the island in the last 10,15 years. chances are from the place this op is posting from. its ironic, in all the best countries in the 20th century be it asian tigers or europeans tigers, it is only with the influx of mass immigration from the you know what countries does all crime and criminal activities blue or white collar skyrockets.

[@h3nfirman164]

That’s really true, even until now a lot corruption money going to that country from my country and they coming back with big investments (just like money laundering with country scale) and yet they still bought our sand to make their country bigger (of course with bribery too).

[@boardgameguyboardgameguy9194]

Same as Dubai

[@bfrancis9898]

My doctor specifically warned me to choose non-Indian manufacturers for generic prescriptions. We are on our own. I always thought we paid our government to make sure bathtub chemists don’t get access to our people. There are NO adults. 😮

[@TTOS69]

They can't sell Indian made medicine in legit US pharmacies. The only way you could get it would be to go online or travel.

[@Business4801]

USA drugs are more dangerous than indian drugs. Us drugs kîlled 10 times more than Indian drug...

[@rickdeckard9810]

A million dollar mansion with no security cameras at the Sherman residence?

[@leboganglamola4512]

My thoughts exactly smh

[@howsheplansit]

Not having security cameras isn’t that far fetched in Canada. It was established that the Shermans’s were approachable and trusting so they may have thought they didn’t need them.

[@TheSmartLawyer]

Million dollars isn't so impressive any more. 10s of millions

[@sunnyadams5842]

​@@howsheplansitRight!! In Canada not so unusual. Locks in America are seen as keeping undesirables out, whereas in Canada there's an attitude that locks keep people in.

[@rok1475]

It is interesting that a London-based British investigative journalist finds out about financial crimes in Singapore but somehow didn’t find anything about Singapore-on-Thames a.k.a. Londongrad a.k.a. The City that has been laundering money for African dictators, drug cartels, arms dealers, Russian oligarchs and helping rich individuals hide their income and avoid paying taxes.

[@thebagelsproductions]

Yes and no. The journalist is working on an individual story, which happens to be in Singapore. Investigative journalists in London are definitely going to be aware of the money laundering that goes on and many will be investigating exactly that. The success of an individual story may well be influenced by the political and institutional will to allow/deny the story a chance to break. There are a number of documentaries on KZbin regarding "Londongrad" and no doubt there are journalists currently following stories that haven't broken yet. The will and ability of UK regulators to address money laundering can definitely be brought into question. UK journalists will nonetheless be seeking to expose scandal, that is the job of an Investigative journalists

[@rok1475]

@@thebagelsproductions perhaps an investigative journalist from Singapore will find the financial shenanigans in London a subject worth attention?

[@thebagelsproductions]

@rok1475 I hope so. London, as you point out, is a centre for money laundering, and the more journalists investigating the myriad crimes being committed, the better.

[@javiervazquez9591]

Another document could be the ties between China and supplying fentanyl to different countries and after to USA..

[@TheSmartLawyer]

Exactly

[@sunnyadams5842]

And what's up with the connection to Honduras??

[@BigGuy10Points]

They lived very modest lives, followed by, the couple were found dead in there mansion. By their indoor swimming pool and totals over 12,000sft. Super modest.

[@sunnyadams5842]

Those things are def not the run of the mill for most, but for people with the kind of money they had, those really are fairly modest amenities. Many in their income bracket feel the need to have many homes and to jet around to ostentatious events, burning up carbon credits by the bushel, promoting their own deluded importance. Think The Harkles. Sounds like These folks kept it fairly real and interested close to home.

[@sunnyadams5842]

PS- rereading your comment Have to laugh again cause I did chuckle when I first heard that. 😂 I didn't mean to sound so serious!

[@ponzo1967]

Making it potentially difficult for the honest Chinese to be trusted in America. It's a disgusting thing to do in so many ways. We all suffer for the uncontrolled greed. Greed is the root of nearly all evil, money is simply a tool.

[@sunnyadams5842]

Amen.

[@SinghSajal]

Seriously medicine :(

[@purplenaturellc733]

A suitcase of $4 thousand dollar? 😂😂😂 who needs a suitcase 🧳 😂

[@user-by6ul7di4b]

she had $4,000 dollers ? that is not much cash. I though you said 4 million doller in the brief case but 4k is nothing

[@thebagelsproductions]

That was bad editing I thought. 4K fits in your purse, or an envelope. Why picture a briefcase?

[@mqosu]

All dollar bills maybe 😂

[@terraf3257]

I wonder if the real estate agent made the sell I'd def need a discount after that as the buyer

[@entropicpedro]

Yeah that Indian medicine scandal really hit home

[@barrymaaslow3480]

..."de GRASS..."?! LOL

[@10-OSwords]

Should you be drinking something that can eat through metal tho???

[@Bohemiantraphsody]

Aluminum is inherently unstable and being in contact with food product, causes acidic effects. Therefore materials science are crucial to food storage, you would be surprised about the power of foods for example, potatoes, the same starch we consume can be used to perm press khakis. You see we don't consume non volatile chemicals, they are actually very reactive.

[@LimbovitschHaim4Mir]

23:25 "Pharmaceutical world" is quite risky and dangerous one !

[@michaelbryant2071]

Allison Kirby still works for TDC. She is the company CEO.

[@EZ-rs5zv]

"You stole fizzy lifting drinks!"

[@gullybull5568]

2:44 RED WHITE BLUE the tri color WHY A SYMBOL ? whats it mean or symbolize

[@SurajGrewal]

What's wrong with Americans. They started a whole tik tok trend to criticize India and didn't even use the actual bad stuff about India.

[@gullybull5568]

KOCH BROTHERS COKC . 😂

[@lamcso]

Every stages of manufacturing were exposed in the factories invovlved, in USA and abroad. So easy to reverse engineer them.

[@joshlidowdie24]

00:00-1:40 Imagine what the soda does to your insides

[@zongyuanzhu1499]

phorsphoric acid, bad for teeth.

[@joshlidowdie24]

@@zongyuanzhu1499 That's one main reason why almost everyone in America has cavities and missing teeth/dentures 🤷‍♂️

[@clm432hz]

5:37 Even if she participated, forget it, she'll never tell. Chinese citizens fear the Chinese government more than US authorities. They are loyal, smart and ambitious to expand everwhere possible. If there's any office, directory or trade secret they want access to, they'll make a plan to get it, period. 🇿🇦

[@peekaboopeekaboo1165]

The real, true threat in our World ... are the U$, UK and Israel .

[@CryptoMiningTechnologies]

I am drinking a soda product as we speak.

[@honeylacecookie]

I couldn't believe how many times I was called because of my own name. Many people who knew me in passing through my work and just simple acquaintance. But they never knew my surname. And they knew that I am a member of a few big names family. ie Schneider's Winchester and others. These people who knew/know me were contacting me to check on me and if I was the Honey who was murdered . May both Barry and Honey rest in peace 😢😢

[@reginafefifofina]

3:06 bpa lining sounds like microplastics to me… stealing bad ideas and using them as your own 😂 *nice!

[@MaximusDecimusMeridius23]

LOL look at the plant why would you buy aythign from maiden

[@ungaaatioo2359]

anything comes form india must be triple checked

[@jysk1287]

Let's be honest, this *widespread*. PRC Chinese on student visas, working at medical labs, working in security, whatever the case may be. They have been implicated (and unfortunately less often indicted) in such a wide range of espionage and theft, it's truly dizzying; I've had numerous PRC nationals (professionals like engineers, doctors, finance, etc) explain to me that virtually all of the technology used in the PRC was either brought in by foreign experts or was outright stolen (much like in this video). What most people outside of the PRC *don't* know (I live and work in the PRC) is that the PRC *actively* blocks and surveils foreigners of all kinds, whether it's students, teachers, professionals, anyone. There is *no* way a foreign national would be working at high levels in *any* PRC Chinese company in China, let alone in a medical lab, in national security, or in politics, all areas PRC nationals have been caught in espionage and theft countless times in places like Canada, the US, and so on. Don't feel bad for them, they're doing the same and much more.

[@daniellez.2462]

Omitting the investigative process of each case really diminishes the quality of the overall program, unfortunately.

[@kennethadler7380]

First

[@Longbonglongdong]

Ah yes the sick relative

[@qake2021]

😁 that bad stuff to drink.

[@betweengoodevilbx4ever582]

i would say,,hes cousin,,,look the way he walk and hes body shape

[@jeffsleek2190]

Any Nigerian here?

[@bluebeastgamer3005]

This is what happens when you hired someone who is from northern china and who speaks putungwah dialects and you know they are working for the Chinese communist party government!!!!!!

[@rekki27]

..and to treat auto-immune diseases. 👎

[@RodolfoCabrera-yt3tj]

0:47

[@XxXloltasticXxX]

Second 😮

[@Paochinblog]

Need to investigate who actually control these pharmaceutical companies, just because they were made in India doesn’t mean they weren’t foreign owned companies

[@neilknightley4703]

how is sim swapping even possible when u need to use a fingerprint to get the sim in the first place ? even in many "third world country" u need to provide fingerprint or someother form of biometric for them to verify that its actually u and not someone else when picking up a replacement sim

[@Eschewered]

Different countries have different rules. The USA has no such requirement to get a sim.

[@LexiH36]

You don't have to in the US

[@haidenmorgan]

Yeah I've never heard of that

[@gullybull5568]

how come zionists sing THE INTERNATIONAL. ?

[@user-by6ul7di4b]

Barry sherman was in just a common mugging

[@rok1475]

And you know that because you are one of the muggers?

[@user-by6ul7di4b]

It could be HaMAS

[@ga1226]

4:23 are you serious? destroyed her whole life for an annual salary of just $86,000???? Highly intelligent but low on common sense.

[@gullybull5568]

B S ZEALOTS SUCKIN 😂

[@seandee5342]

Never trust Chinese as your employees

[@ASNL-ge6ih]

yes, hire blacks and Muslim. And don’t worry you’ll never be in the position of an employer lol

[@jeffreychin1853]

erm wat thesigma

[@gullybull5568]

15:40 😢;zionists.not,ews.😂

[@ViceCoin]

Hina has longer. Life expectancy than Aamericans, thanks to diabetes soda drinks.

[@jefferymoore4692]

Wright and young

[@EamonCoyle]

I find it strangely coincidental that you are suddenly turning on Singapore now that the US government have decided they want the Singaporean owners of TikTok to surrender their business to a US corporate raid !!

[@TheSmartLawyer]

Fake news

[@peekaboopeekaboo1165]

Actually it's Bloomberg's anti-Chinese agenda.

[@mdelrosario69]

“In India, all life is sacred. Well, except human life.”

[@mbongenidube7282]

THIS VIDEO IS ALL PROPAGANDA. NOT BALANCED AT ALL...

[@hkkatca64]

Fake news

[@lominiski]

We have lots of criminals in Canada with mass immigration and refugees. Eventually a lot of criminals from other countries get in. Hey we had a lot of Nazis here from WW2. They can't easily find them due to the large land mass.

[@IRBry]

that’s not a valid reason most live within 100miles of the boarder and i’m canadian so don’t get all pissy, we pay so much in taxes and our government can’t protect waters, boarders, and doesn’t care about its people

[@lominiski]

@@IRBry So you pay all these tax and have you noticed that if you call the police it is not useful and as for CBSA....ah.

[@davinxi5926]

And other Hezbollah or Hamas terrorist

[@lominiski]

@@davinxi5926 Lots in Canada

[@emh8604]

$4,000 to flee the country?! Hahahahaha please😂😂😂😂

[@TheSmartLawyer]

That wouldn't go far at all. But the $120M helps

[@QuantumLance]

Isnt it a repost? 3rd btw. 乁⁠(⁠ ⁠•⁠_⁠•⁠ ⁠)⁠ㄏ

[@mpras684]

From when? Old news?

[@user-rm5tm1pb2c]

It definitely is

[@peekaboopeekaboo1165]

Bloomberg's anti-Chinese agenda. 🤷

[@khunopie9159]

Yo yo yo! She just ruvs her mama!

[@MaximusDecimusMeridius23]

the key is dont' buy anything made in India

[@TheSmartLawyer]

India and China share one common denominator aside from being Asian. The British still have their hands in the banking system

[@paulgilliland2992]

Dr Reddy doesn’t have a great track record for filthy GMP manufacturing facilities. USA has the cleanest most rigorous facilities that are highly regulated. But it’s very expensive hence India has become #1 generics in the world.

[@raoSENSEI]

Too much success can be bad hey.

[@blackswanf4u]

so the allegation is, someone was paid to share a formula for a food safe coating for alluminium cans? as if you couln't simply use a spectrometer to get the composition of that... lol

[@impactlicense]

First

[@jimsteele4489]

just, no.