Episode 1536 • • 1:10:57 - 1:15:30
1536: Killer Clown
Perth Mint Gold Doping Scandal, Counterfeit Tungsten Bars
The Perth Mint in Australia is embroiled in a scandal after it was revealed they "doped" gold bars with silver to save money, potentially affecting 100 tonnes of gold sent to the Shanghai Gold Exchange. The Shanghai exchange discovered the substandard bars, leading to a potential $9 billion recall. This breach of trust in the bullion market recalls previous scandals involving tungsten-filled gold bars originating from China.