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Hunting Warhead

Hunting Warhead Introduces: The Six Billion Dollar Gold Scam

Hunting Warhead

CBC

True Crime

4.93.9K Ratings

🗓️ 27 May 2024

⏱️ 41 minutes

🧾️ Download transcript

Summary

It was the biggest gold discovery in history...until it wasn’t. In 1995, Canadian mining company Bre-X announced to the world it had found a significant amount of gold deep in the jungles of Indonesia. Stock prices soared as investors worldwide fought to stake their claim. But when Bre-X’s chief geologist mysteriously fell from a helicopter over the jungle, the story of the billion dollar discovery began to unravel. Nearly three decades later, no one has ever been held accountable. In the new podcast, The Six Billion Dollar Gold Scam, host Suzanne Wilton takes you from the jungles of Indonesia to small town Alberta, Canada, to investigate what really happened and find out more about the man behind the biggest goldmine fraud of all time. Produced for the BBC World Service and CBC by BBC Scotland Productions. More episodes are available at: https://link.chtbl.com/noD9tHcz

Transcript

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0:00.0

This is a CBC podcast.

0:06.0

Hi, I'm Suzanne Wilton, host of the $6 billion dollar gold scam.

0:12.0

This gripping story has taken me from $6 billion gold scam.

0:12.8

This gripping story has taken me from Canada to Indonesia on a hunt for the truth to find out why

0:19.7

so many people invested so much in the hoax.

0:24.0

Fortunes were lost and lives were ruined.

0:27.0

And at the center of it all, a man who fell from a helicopter into the jungle.

0:34.1

It's such a great story of intrigue, mystery, and money.

0:38.3

You won't want to miss episode one.

0:40.9

You'll only get this episode here. For the rest, search for the six billion dollar

0:46.6

gold scam. First, a warning. The following episode contains difficult subject matter, including references to suicide and death.

1:03.0

A man named Michael De Guzman is standing in front of a hotel mirror.

1:17.0

He's getting ready for a night out in a mining town in East Kalimantan, Indonesia.

1:24.6

De Guzman is a short, heavy-set Filipino man.

1:29.5

He calms his thick black hair to one side and opens up his silk black shirt to show off his

1:37.0

24 kara gold chain. De Guzman wore a lot of gold. It's the evening of March 18th, 1997.

1:48.4

He heads to a karaoke bar, has a few drinks, sings his heart out to Frank Sinatra.

1:55.0

The next morning, Rudy Vega, De Guzman's colleague, knocks on his hotel door.

2:01.0

De Guzman opens the door. He's dishevelled, half awake. He's here to take

2:07.0

him to the airport. They make it to the helicopter pad.

2:13.0

Rudy Vega rushes to get him ready,

2:15.4

and De Guzman climbs into the chopper.

...

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