All That Glitters Is Not Fraud | The Case of Bre-X Minerals

Oh My Fraud

Throughout history, men have been driven mad in their search for gold. Much to Caleb and Greg’s surprise, that continued well into the 20th Century. And that madness was perhaps best exemplified by the men behind Bre-X Minerals, and their quest to find an enormous gold deposit on the island of Borneo.

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Greg Kyte, CPA
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Resources:
-Bre-X: The real story and scandal that inspired the movie Gold - Calgary Herald

-The Bre-X Gold Scandal — Thought Co.

-Bre-X — Wikipedia
-JPMorgan Chase through it had $1.3 million of nickel, but they were all bags of stones — Business Insider

-The Biggest Gold Mining Scandal in History — Gold Avenue

-Great Frauds in History: The Bre-X Gold Mining Scandal — Money Week

-A Lode of Lies: How Bre-X Fooled Everyone — Washington Post

-The $6 Billion Gold Mine that Wasn’t — Slate