The Six Billion Dollar Gold Scam

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

searcher

morning
Moderator
Benefactor
Messages
24,205
Reaction score
4,443
Points
288
BBC

The mystery of the man embroiled in a gold scam​

A mining company's claim that it had discovered a huge deposit of gold, deep in the Indonesian jungle, led to a scramble to invest in the firm. But all that glittered was not gold, as a new podcast series reveals, and questions remain about the mysterious death of the company's chief geologist.

On the morning of 19 March 1997, Michael de Guzman, chief geologist at Canadian mining company Bre-X Minerals, boarded a helicopter flight to travel to a remote jungle site in Indonesia.

It was a journey he had made many times before, to a place where he had reported finding huge deposits of gold.

But this time, de Guzman never arrived.

Twenty minutes into the journey, a rear door on the left-hand side of the helicopter opened and de Guzman had gone, plummeting to his death into the dense foliage below.

The CEO of the mining company announced de Guzman had taken his own life, having been diagnosed with hepatitis B and exhausted from fighting recurring Malaria.

Ten years later, Canadian journalist Suzanne Wilton was sent by the Calgary Herald to investigate De Guzman's death.

"I was sent halfway around the world… This story has haunted me ever since," she says.

Now, she is back on the case for a new podcast series - digging deeper into what happened before the fateful helicopter trip.

More:

 
They could have made 1,000 bionic men with that money.

giphy.gif
 
Back
Top Bottom