It rented office space. It was valued at forty-seven 

billion dollars. Its CEO sold the company the 

trademark for the word We, borrowed money from it, 

appointed his wife as a succession consultant, 

and declared his mission was to elevate the world's 

consciousness. Then the IPO prospectus was published 

and the public markets asked a simple question.

This episode of Dark Money: True Crime Finance goes 

inside WeWork — how a genuine business became a 

story worth forty-seven billion dollars and then 

forty-four million, what SoftBank lost, and why 

the people who bore the real cost of the collapse 

were not the billionaire founder.

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episodes daily

Zero to four thousand locations in eighteen months. 

A NASDAQ IPO at four point five billion dollars. 

Analyst coverage calling it the most exciting food 

and beverage story in China. And three hundred and 

ten million dollars in sales that an eighty-nine 

page anonymous report revealed had never happened.

This episode of Dark Money: True Crime Finance goes 

inside Luckin Coffee — how phantom corporate customers 

were used to inflate revenue figures, how a team 

of investigators sat outside coffee shops counting 

customers to prove the numbers were wrong, and 

how the regulatory fallout changed the rules for 

every Chinese company listed on American exchanges.

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episodes daily

Nobody outside a small circle of Wall Street banks 

had heard of Archegos Capital Management before 

it collapsed. Within forty-eight hours it had lost 

twenty billion dollars, triggered ten billion in 

bank losses, and contributed to the eventual demise 

of one of Europe's oldest financial institutions.

This episode of Dark Money: True Crime Finance goes 

inside Archegos — how Bill Hwang used total return 

swaps to build a one hundred billion dollar position 

without triggering standard disclosure requirements, 

why the banks that provided his leverage had no 

idea how exposed they were, and what happens when 

the margin call comes and nobody can answer it.

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episodes daily

Eleven and a half million documents. One hundred 

and forty-three politicians. Twelve current and 

former heads of state. A single anonymous source 

who handed the German newspaper Suddeutsche Zeitung 

the architecture of the offshore financial world 

that the wealthy had been using for decades to 

make their money invisible.

This episode of Dark Money: True Crime Finance goes 

inside the Panama Papers — how Mossack Fonseca built 

an empire of shell companies and nominee directors, 

what the documents revealed about presidents and 

prime ministers, and why the most disturbing 

conclusion of the whole investigation was how much 

of it was entirely legal.

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episodes daily

She sold four billion dollars worth of a 

cryptocurrency that had no blockchain. No coin. 

Just a database her company controlled. Then in 

two thousand and seventeen she boarded a plane 

in Sofia and was never seen again. Ruja Ignatova 

is on the FBI most wanted list. She has not been found.

This episode of Dark Money: True Crime Finance goes 

inside OneCoin — the largest cryptocurrency fraud 

in history, how a multilevel marketing structure 

spread it to millions of victims across Africa, 

Asia, Eastern Europe, and Latin America, and why 

some of those victims still believe in it today.

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episodes daily

The employees weren't stealing for themselves. 

They were opening fake accounts to hit sales targets 

set by a management system that punished failure 

and rewarded numbers — real or invented. Three point 

five million unauthorised accounts. Fees charged 

to customers who had no idea they existed. And a 

bank that called itself a community institution 

while mining its own customers for quota points.

This episode of Dark Money: True Crime Finance goes 

inside the Wells Fargo scandal — how a corporate 

sales culture produced fraud at industrial scale 

without a single mastermind, what eight is great 

actually meant, and why three billion dollars in 

fines still didn't feel like enough.

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episodes daily

Eleven million vehicles. Software that detected 

when an emissions test was running and switched 

into compliance mode — then switched back the 

moment the test ended, pumping out up to forty 

times the legal limit of nitrogen oxide. The 

defeat device was not a rogue piece of code. 

It was a corporate decision.

This episode of Dark Money: True Crime Finance goes 

inside the Volkswagen emissions scandal — how one 

of the world's largest automakers engineered a 

deliberate deception of regulators across multiple 

countries, what thirty billion dollars in fines 

and settlements looks like, and what the gap 

between the test and the real world costs the 

people breathing the air.

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episodes daily

It underpinned three hundred and fifty trillion 

dollars in financial contracts worldwide — mortgages, 

student loans, credit cards, corporate debt. And for 

years, traders at major banks were manipulating it 

over emails that talked about champagne, favours, 

and being a big boy. Done.

This episode of Dark Money: True Crime Finance goes 

inside the LIBOR scandal — how the most important 

benchmark in global finance was rigged by traders 

requesting specific numbers as personal favours, 

what nine billion dollars in fines actually meant 

for the banks involved, and why the rate that 

everyone used could not be trusted.

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episodes daily

In private emails, Angelo Mozilo described some of 

his own mortgage products as toxic. As the most 

dangerous product in existence. He kept selling 

them anyway — to millions of American homeowners 

and to the investors who bought securities backed 

by those loans. Nobody told those investors what 

the CEO was writing in private.

This episode of Dark Money: True Crime Finance goes 

inside Countrywide Financial — how America's largest 

mortgage lender built its business on products its 

own founder privately knew were dangerous, what 

the emails proved, and why nobody went to prison 

while millions of Americans lost their homes.

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episodes daily

Over one thousand banks failed. The bailout cost 

taxpayers one hundred and sixty-four billion dollars. 

More than a thousand industry insiders were convicted 

and sent to prison. It was the largest fraud wave 

in American financial history — and most people 

today cannot name a single person involved.

This episode of Dark Money: True Crime Finance goes 

inside the savings and loan crisis — how deregulation 

and deposit insurance created a perfect incentive 

for looting, what Charles Keating did with Lincoln 

Savings, how five US senators got caught in the 

middle, and why the lessons were forgotten in time 

for two thousand and eight to be even worse.

Subscribe to Dark Money: True Crime Finance for new 

episodes every Monday and Wednesday.