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World Of Secrets

World of Secrets presents: The Six Billion Dollar Gold Scam

World Of Secrets

BBC

Society & Culture, Documentary

4.7765 Ratings

🗓️ 24 February 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

It was the biggest gold mine fraud of all time – a scam that devastated countless lives. But what really happened? Suzanne Wilton revisits the story that she just couldn’t let go of, to find answers about how the scam was perpetrated…and about the mysterious death of a geologist in the jungle. From the BBC World Service and CBC.

The Six Billion Dollar Gold Scam was first published in May 2024.

Transcript

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0:00.0

Hello, you're about to listen to a BBC podcast, so I'd like to tell you where you'll find more just like it.

0:05.5

I'm Izzy Lee Poulton, an assistant commissioner for BBC Sounds, which means I'm involved in the whole podcast making process.

0:12.0

Whether that's developing fresh formats or facilitating eye-catching artwork, I helped project manage all the details that make our podcast stand out.

0:19.0

At the BBC, we've got access to storytellers

0:22.0

and experts across a huge range of subjects. It could be psychologists, comedians, celebrities or

0:27.7

journalists. No podcasts or day looks the same here. So no matter what you like, check out BBC

0:33.4

sounds. There's probably another podcast on there that you're absolutely love.

0:39.8

Hi, I'm Yemisi Aedegoke, one of the hosts of World of Secrets. The next World of Secrets

0:45.4

investigation will be released in a couple of months. But in the meantime, we want to give you

0:50.2

the chance to hear one of our other investigative podcasts. It's a brilliant, intriguing

0:54.8

and astonishing story, the tale of the biggest gold mine fraud of all time. It's a scam that

1:01.2

devastated countless lives, but no one has ever been held accountable. First published in

1:07.0

2024, from the BBC World Service and CBC, it's the story of the $6 billion gold scam.

1:14.2

We'll be releasing episodes on Mondays starting from the 24th of February.

1:18.8

Here's Suzanne Wilton to tell you more.

1:34.8

25 years ago, I traveled from Canada to the Borneo jungle to investigate a gold discovery.

1:45.0

A small Canadian mining company from my hometown of Calgary called Breaks sold the world a $6 billion gold deposit. We were all jealous as hell.

1:48.0

Breaks had found the one we all hoped to find.

1:51.0

There was a frenzy and a sense of greed

1:54.0

that I have not seen since in the markets.

1:57.0

The greed at the time was just off the charts.

2:06.4

So much money at stake and so much money to be made and so many dreams that people couldn't let go of.

...

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