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Bre-X news stuns Indonesia
It had all the elements of a great novel: a dramatic rags to riches story, a mysterious suicide (or was it murder?) and a scandalous international fraud. But the Bre-X saga wasn't fiction — much to the chagrin of the many who lost money in 1997. Thousands of investors were duped by the small Calgary-based mining company that falsely claimed to have struck gold in Indonesia.
Program: The World At Six
Broadcast Date: March 27, 1997
Host: Russ Germain
Reporter: Jonathan Head
Duration: 1:48
Last updated: April 17, 2013
Page consulted on April 26, 2013
All Clips from this Topic
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Australian miners knew something was awry. Venture investigates.
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Residents of St. Paul, Alta., strike it rich with Bre-X investments.
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Despite recent ownership questions, David Walsh insists Bre-X is poise...
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Venture finds out what Canadians are thinking about Bre-X.
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It was definitely fraud, says an independent auditing firm.
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One Calgary man is protesting Bre-X corruption in his own unique way.
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Pamela Wallin chats with three authors of Bre-X books about the whole ...
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The founder and CEO of Bre-X passes away at the age of 52.
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There's a new "action plan" to improve investor confidence.
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A shocked journalist discusses the lack of criminal fraud charges for ...
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The OSC trial of John Felderhof begins, even though he's still in the ...
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Investors panic when scandal rocks the small Calgary-based mining comp...
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It had all the elements of a great novel: a dramatic rags to riches st...