Metal Men: Marc Rich and the $10 Billion Scam
Marc Rich, a shrewd and daring commodities trader, amassed a vast fortune in the cutthroat world of international oil and metals markets. However, his relentless pursuit of profits led him down a treacherous path, where he found himself entangled in a web of corruption, tax evasion, and international sanctions.
4.2 out of 5
Language | : | English |
File size | : | 3322 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 226 pages |
Lending | : | Enabled |
In this gripping true story, we delve into the audacious exploits of Rich, a flamboyant billionaire who defied governments and exploited loopholes to accumulate billions. Rich's rise to prominence began in the 1970s, when he established a trading empire in Switzerland, strategically positioned as a gateway to Eastern Europe and the Middle East.
Rich's cunning and charm allowed him to forge alliances with powerful figures in the global commodities market, including the infamous arms dealer Adnan Khashoggi. As the global oil crisis erupted in the 1970s, Rich saw an opportunity to profit from the chaos. He audaciously defied the US embargo against Iran, a bold move that would shape his destiny.
Over the years, Rich's trading empire grew exponentially, spanning multiple continents and handling vast amounts of commodities. However, his success attracted the attention of law enforcement agencies, who suspected him of engaging in illicit activities. In 1983, Rich was indicted by a US grand jury on charges of tax evasion, fraud, and violating US sanctions against Iran.
Facing extradition to the United States, Rich fled to Switzerland, where he continued to orchestrate his trading operations. From his opulent lakeside villa, Rich became a fugitive, living a life of luxury while dodging authorities. Despite his absence, the US government relentlessly pursued its case against him, determined to bring him to justice.
As the legal battle raged on, Rich's audacity and influence became increasingly evident. He hired a team of high-powered lawyers, including the renowned Roy Cohn, to defend him against the charges. Rich also cultivated relationships with politicians and celebrities, seeking to sway public opinion in his favor.
In 2001, a stunning twist in the case occurred when US President Bill Clinton granted Rich a controversial pardon on his last day in office. The pardon, shrouded in secrecy and speculation, sparked outrage among critics who accused Clinton of corruption and cronyism.
The pardon brought Rich's legal troubles to an end, but the legacy of his actions continued to cast a shadow over his life. He remained a controversial figure, hailed by some as a brilliant businessman and condemned by others as a ruthless criminal.
In "Metal Men: Marc Rich and the $10 Billion Scam," renowned investigative journalist Daniel Ammann meticulously reconstructs the life and career of Marc Rich. Drawing upon extensive research, including exclusive interviews and access to confidential documents, Ammann unveils the intricate web of corruption and illicit dealings that characterized Rich's rise to power.
Ammann's book is a riveting tale of greed, ambition, and the consequences of defying the law. It provides a fascinating glimpse into the shadowy world of international commodities trading, where fortunes can be made and lost overnight.
For readers interested in true crime, corporate malfeasance, and the complexities of international relations, "Metal Men: Marc Rich and the $10 Billion Scam" is an essential read. It is a cautionary tale about the corrosive effects of unchecked power and greed, and a reminder that no one is above the law, no matter how wealthy or influential they may be.
Free Download your copy of "Metal Men: Marc Rich and the $10 Billion Scam" today and dive into the gripping true story of one of the most notorious figures in the world of finance.
4.2 out of 5
Language | : | English |
File size | : | 3322 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 226 pages |
Lending | : | Enabled |
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4.2 out of 5
Language | : | English |
File size | : | 3322 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 226 pages |
Lending | : | Enabled |