4.1 • 7K Ratings
🗓️ 3 February 2025
⏱️ 56 minutes
🧾️ Download transcript
In the early 2000s, Brazilian billionaire Eike Batista was seen as the ultimate mining mogul: he was a speedboat-racing showman and a playboy who liked to show off his wealth. To expand his empire, Eike spun a web of bribes and fraud with high-ranking government officials. So when he was finally brought down, it created one of the biggest corruption scandals Brazil has ever seen.
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0:00.0 | Wonderry Plus subscribers can listen to scam fluencers early and ad-free right now. |
0:04.6 | Join Wondery Plus in the Wondry app or Apple Podcasts. |
0:14.7 | Sachi, sometimes when we're learning about scams, I cannot believe how big the world is. |
0:19.7 | It's like every country has its own way of doing |
0:22.0 | things. You're not really sure what counts as a scam, but it's always juicy. I know. I feel like |
0:27.2 | different countries have different ways of scamming. And I feel like we hear from people all over the |
0:33.1 | world about how their country does a scam. Yeah, one country, I feel, always brings a heat when it |
0:39.4 | comes to scams, is the beautiful nation of Brazil. And that's not me knocking Brazil. I just |
0:45.7 | think so much stuff happens there in general that we can have our own Brazil spinoff. |
0:51.3 | Yeah, there are a lot of Brazilian scammers. There's something really interesting |
0:54.7 | happening in the water there. Well, today's scammer was one of the most well-known figures in |
0:59.8 | Brazil. Like many of our faves, he's a nepo baby with daddy issues who wants to solve his |
1:05.5 | emotional life by getting rich. And when he finally gets taken down, it's part of the biggest |
1:10.4 | corruption scandal to ever hit |
1:12.5 | Brazil. |
1:16.9 | It's November 2009. Brazilian billionaire Ike Batista is hosting an extravagant dinner at his huge |
1:24.1 | estate located about three hours southwest of Rio de Janeiro. |
1:28.7 | The property has a giant mansion with a large balcony overlooking the ocean, private beach, |
1:34.2 | a tennis court, and a pool. |
1:36.2 | Ike is a fit, good-looking man in his early 50s. |
1:39.3 | The kind of guy whose graying temples only make him more handsome. |
1:42.7 | His party guests tonight include Brazil's most powerful men |
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