Grand Fraud Nemexis GmbH

1MDB, a Malaysian sovereign wealth fund, was described by the US DoJ in 2016 as “the world’s largest case of cleptocracy to date”. I talked to the person who brought the facts to light: Xavier Justo, a Swiss banker and 1MDB whistleblower.

This is the second and last part of my interview. It starts with Xavier describing his arrest in Thailand. In the first part, Xavier recounted how his career had started in Swiss banking, what his work entailed at PetroSaudi, why he passed 227.00 emails to the media and how he was arrested after the first articles started to appear.

Direct support for this podcast comes from Nemexis GmbH, a corporate crime investigations company based in Berlin, Germany (nemexis.de).

Your host is Paul Milata, CFE, PhD.

Do you want to suggest a speaker or topic? Do you want to send us feedback? Get in touch at grandfraud@nemexis.de

Views expressed by podcast guests are their own and not the view of The Grand Fraud Podcast, Paul Milata or Nemexis GmbH.

1MDB, a Malaysian sovereign wealth fund, was exposed as a massive fraud in 2015. In 2016 the US DOJ described it as "the world’s largest case of cleptocracy to date". $4 billion were stolen, 10 different countries initiated criminal investigations, $8 billion in loans are still due. In this episode, I talk to the person who braught the fraud to light: Xavier Justo, Swiss banker and 1MDB whistleblower. In this first of two parts, Xavier recounts how his career started, what his work entailed and why in 2015 he passed 227.00 emails to the media.

Direct support for this podcast comes from Nemexis GmbH, a corporate crime investigations company based in Berlin, Germany (nemexis.de).

Your host is Paul Milata, CFE, PhD. You can reach us at grandfraud@nemexis.de

Views expressed by podcast guests are their own and not the view of The Grand Fraud Podcast, Paul Milata or Nemexis GmbH.

Kevin Hart (CFE) is the president of ACFE’s Ireland Chapter and director of risk and advisory at the Fraud Prevention Training Center. In this episode, he argues that while crypto is far from being the money-laundering instrument of choice, investigators can and should learn how to investigate virtual currencies. He also points to a number of new developments which will make a significant impact in helping corporations and individuals who fall victim to crypto scams.

Direct support for this podcast comes from Nemexis GmbH, a corporate crime investigations company based in Berlin, Germany (nemexis.de).

Your host is Paul Milata, CFE, PhD. You can reach him at grandfraud@nemexis.de

Views expressed by podcast guests are their own and not the view of The Grand Fraud Podcast, Paul Milata or Nemexis GmbH.

This is the second and last episode of my interview with Sarah Chayes, award-winning international  journalist, author and former advisor to the US Joint Chiefs of Staff,  Admiral Mike Mullen. Our discussion revolved around a core question: Is corruption the most important issue of our time? Can anyone hope to  tackle any other global problem – be it climate change, migration,  security, wealth inequality – without addressing grand fraud and  corruption first?

Sarah’s article mentioned in this episode can be found here:

· https://aeon.co/essays/corruption-has-shaped-history-why-do-we-still-ignore-it

Sarah’s books mentioned in this episode can be found here:

· Thieves of State (2015): https://www.goodreads.com/book/show/25622863-thieves-of-state

· On Corruption in America (2020): https://www.penguinrandomhouse.com/books/585789/on-corruption-in-america-by-sarah-chayes/

Direct support for this podcast comes from Nemexis GmbH, a corporate crime investigations company based in Berlin, Germany (nemexis.de).

Your host is Paul Milata, CFE, PhD. You can reach him at grandfraud@nemexis.de

Views expressed by podcast guests are their own and not the view of The Grand Fraud Podcast, Paul Milata or Nemexis GmbH.

Is corruption the most important issue of our time? Can anyone hope to  tackle any other global problem – be it climate change, migration,  security, wealth inequality – without addressing grand fraud and  corruption? This is the first in a series of episodes where I discuss  this question with Sarah Chayes, an award-winning international  journalist, author and former advisor to the US Joint Chiefs of Staff,  Admiral Mike Mullen.

Sarah’s article mentioned in this episode can be found here:


https://aeon.co/essays/corruption-has-shaped-history-why-do-we-still-ignore-it

Sarah’s books mentioned in this episode can be found here:


Thieves of State (2015): https://www.goodreads.com/book/show/25622863-thieves-of-state
On Corruption in America (2020): https://www.penguinrandomhouse.com/books/585789/on-corruption-in-america-by-sarah-chayes/

Direct support for this podcast comes from Nemexis GmbH, a corporate crime investigations company based in Berlin, Germany (nemexis.de).

Your host is Paul Milata, CFE, PhD. You can reach him at grandfraud@nemexis.de

Views expressed by podcast guests are their own and not the view of The Grand Fraud Podcast, Paul Milata or Nemexis GmbH.

Bad communication can harm an organization as much as the fraud itself. So what's the role of a communicator in a crisis team? What should the other team members expect from a crisis communicator - and what should the crisis communicator expect from them? How did digitization and the fake news discussion affect crisis PR? For this episode, I talked to Ulf Mehner, co-founder and director of WeichertMehner, a public relations consultancy based in Dresden, Germany. 

Direct support for this podcast comes from Nemexis GmbH (Berlin, Germany), a corporate crime investigations company specialized on Central and Eastern Europe: nemexis.de

Your host is Paul Milata, CFE, PhD.

Views expressed by podcast guests are their own and not the view of The Grand Fraud Podcast, Paul Milata or Nemexis GmbH.