Want to create an interactive transcript for this episode?
Podcast: Fraudsters
Episode: The Rise and Fall of the Bank of Credit and Commerce International
Description: This week we’re taking a step back to Miami, 1987. South Beach is buzzing, and the Bank of Credit and Commerce International (BCCI) looks like any other bank—until you take a closer look. BCCI was no ordinary financial institution. It was a global hub for money laundering, arms deals, and shady alliances with everyone from Columbian drug lords to CIA operatives. In this episode, we unravel the rise and fall of BCCI, led by Agha Hasan Abedi. From secretive offshore accounts to "rent-a-face" deals with Arab monarchs, this was a bank that did it all...until it all fell...