Mobsters, Scams, and Murder in the Mining Industry

Something about gold just makes people go crazy and no industry attracts more scam artists than gold mining. This means companies with no chance of ever producing an ounce of gold can get up to billions of dollars in value. In the case of Bre-X that’s exactly what happened, and on top of investors getting hurt, people were willing to kill to get away with it. Using Bre-X as a cautionary tale, Warren Irwin of Rosseau Asset Management highlights just how seedy gold mining and the natural resource industry can be. He also discusses how embedded crime is into international business beyond just scams and the long list of international criminal organizations, intelligence agencies, and terrorist groups he has had to contend with in his globetrotting career.