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Cheat!

Introducing: Big Spender

Cheat!

Sony Music

True Crime, Tv & Film, Society & Culture

4.81.7K Ratings

🗓️ 22 November 2022

⏱️ 2 minutes

🧾️ Download transcript

Summary

Hi Cheat! listeners, here's a podcast we think you'll love...Some people do extraordinary things to get rich but few come close to Big Spender. A criminal mastermind, he grew up poor in Hong Kong and obsessed with money. So, naturally, he decided to pull off the biggest crimes of their kind the world has ever seen, triggering a crisis which reshaped China for good. This is Bad Money, a show about how power and money really work. This season: Big Spender. Listen wherever you get your podcasts. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

40 years ago, Hong Kong was a very different place, run by two groups of very powerful people,

0:11.8

the triads, and billionaires, Hong Kong then was run by five or six families, but their

0:24.8

power had no bounds, really. And so it had been for decades. Until the mid-90s, when a hot

0:33.2

new gangster decides he wants a bigger piece of the pie.

0:54.8

This dream, he was everywhere. This new upstart is obsessed with money, so obsessed in fact,

1:01.2

that he begins planning heists that no other gangster would dare to attempt. Essentially, if you

1:07.1

had detonated that lot together, it would be enough to bring down pretty much any of the

1:10.9

buildings in Hong Kong. He was rocking the boat, but everyone is in awe of him. But eventually,

1:16.2

he gets a little too ambitious, ambitious enough that his actions end up provoking a crisis.

1:22.0

Everyone would have just been God-smacked. They would have been over-mouthed God-smacked.

1:26.3

The crisis, not just for Hong Kong, but for the world, one which would reshape our geopolitics for good.

1:34.4

The fact that that hand meant that it could happen again, and now it wouldn't raise an eyebrow,

1:39.4

now it's completely commonplace. From Kindling Media and Best Bucci, I'm Jason Wong, and this

1:47.3

is Bad Money, a new show about power, wealth, and wrongdoing. This season, Big Spender.

1:57.4

Follow and listen for free wherever you get your podcasts.

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