Podcasts · Mr Money TV Podcast
How KWAP LOST $47.7 Million Overnight
· 31 min
Episode How KWAP LOST $47.7 Million Overnight
In this episode we break down a burning question for Malaysian pensioners and everyday investors: how did a company manage to fool not just KWAP, but some of the smartest institutional investors in the world? From fabricated bank statements and shell companies to a claimed fish tank count that turned out to be over ten times the real number, the details of this fraud are staggering. But is this really just a story about KWAP being careless with our money, or does it reveal something more uncomfortable, that even world-class due diligence can't always catch a well-built lie?Chapter Markers:0:00 - Teaser0:34 - Introduction2:35 - It Wasn't Just KWAP — Temasek & SoftBank Got Scammed Too5:50 - How eFishery Pulled Off the Scam11:54 - Why Auditors Might Miss This16:03 - What Happens to KWAP's Pension Money Now?18:58 - Unicorns & Startup Funding, Explained21:49 - Can We Really Blame KWAP?30:14 - Final Takeaway: Do Your Own Due Diligence#MrMoneyTV #KWAPScandal #eFishery #PersonalFinanceMalaysia #InvestmentScam #DueDiligence #MalaysianPension #EPFCome say Hi to us at,🌐 Website: https://www.mrmoneytv.com/📘 Facebook: /mrmoneytv🐦 Twitter: https://x.com/mrmoneytvchnl?s=21📱 Instagram: /mrmoneytv🖊️ LinkedIn: /mr-money-tv🤳 TikTok: @mrmoneytvchannel🎙️ Podcast: https://open.spotify.com/show/1EhftKYdbpC0C2VnTJOO2KFor business & job enquiries, do contact us at,✉️ collabs@finlitmedia.coDisclaimer: This is not investment advice. All content produced is solely for education and entertainment purposes only. Please consult your financial adviser before making any investment decision.
Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them. Explicit shows are for adult profiles only, and children’s profiles hear only children’s shows. More about this list.