Parmalat: The Dairy Company With a Fourteen Billion Hole

It put milk in a billion homes across thirty countries. It sponsored Formula One. It was one of Italy's most beloved brands. And underneath the red and white carton was a fourteen billion euro accounting fraud held together, at the end, by a forged letter from a bank that confirmed it had sent no such letter. This episode of Dark Money: True Crime Finance goes inside Parmalat Europe's Enron, and the fraud that wiped out the savings of thousands of ordinary Italian investors. Subscribe for new episodes daily