The 5 Billion Dollar Scam
90 min | English | Canada, Israël | Hilla Medalia
The Five Billion Dollar Scam tells the story of fraud in the internet age. Beginning in the late 2000’s, thousands of unsuspecting investors would pour billions into what they believed were legitimate investments in “binary options”. Those who worked in this domain would present themselves as experienced financial tech traders - aka “fin-tech kids” - who could help them achieve their dream and invest in the next big moneymaker. Just like legitimate financial institutions, they worked in adrenaline-filled bullpens, perched on the high floors of modern office towers. The trusting voices of these “expert investors” would lure in future clients, promising exponential returns. Once money changed hands, investors would soon discover that they were playing in a rigged casino and that, unfortunately, their money could never be retrieved. The Five Billion Dollar Scam will shed light on the broken system that protected chief offenders and affected naive investors on a profound level.