Imagine a global food company.
Milk cartons on breakfast tables worldwide. Sponsorships in Formula One and top-flight football. Billions reported in cash reserves.

And yet — when the truth emerged — much of that cash simply didn’t exist.

This is the story of Parmalat, and how it became one of the largest corporate frauds in history.

Nic and Damian to a look at how a family grocery business grew aggressively into an international business, with complex financing. On the face of it successful, but beneath the surface a fraud.

What were the missed signals? What can be learned? And of course, could it happen again?

Well... spoiler alert, it already did. Heard of a company called Wirecard...?

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