The Man Who Robbed An Entire Country

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  • Опубліковано 4 чер 2024
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    The greatest financial heist - how an unknown guy called Jho Low stole billions of dollars in an audacious financial scam involving Malaysia's investment fund, 1MDB. Jho Low probably had more spending power than anyone else on Earth, since his money wasn't tied up in stocks, real estate or other illiquid assets and investments. Jho Low had cash to spend. And he spent those millions of dollars the same way any of us might dream of: throwing extravagant parties, networking with celebrities and even financing movies like The Wolf of Wall Street (which is kinda ironic a film about a financial scam was financed thanks to a financial scam).
    Jho Low's financial fraud was achieved through shell accounts, tax havens and the use of loopholes and bearer shares. But most importantly, Jho Low become a billionaire because of his networking abilities - he strategically worked his way into the lives of the rich and famous. However, financial fraud like this has very real world repercussions - that money was meant to help the country of Malaysia, and be used in construction products that could have really benefited a lot of people. This is the insane story of Jho Low, and how to get rich fast if you have no morals.
    00:00 Prologue: The Story of Jho Low
    01:26 Chapter 1: The Jho Low Origin Story
    06:18 Chapter 2: The First Heist
    11:39 Chapter 3: The Asian Wolf of Wall Street
    19:36 Chapter 4: Goldman Sachs
    24:00 Chapter 5: The Crumbling Empire
    Money. Power. Status. Jho Low wanted them all, and identified sovereign wealth funds as his opportunity to get rich quick. With some political bribes and the help of Goldman Sachs (and investment banker Tim Leissner), Jho Low become extremely rich very fast. This is the INSANE and controversial story of Jho Low and the 1MDB fund. I hope you enjoy this finance mini-movie from MagnatesMedia! :) #finance #wealth #richlifestyle #documentary #business
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КОМЕНТАРІ • 2,6 тис.

  • @MagnatesMedia
    @MagnatesMedia  Рік тому +642

    🙏Quick favor… if you enjoy these videos, please can you make sure you’re subscribed and have notifications turned on for this channel? And then I will love you forever. 💖
    Also, this video was a long while in the making, and would not have been possible without our video sponsor, Waves: jo.my/waves_exchange15_37 - a decentralized crypto trading platform with low transaction fees, that’s very easy to get started with, and even lets you earn passive income by staking your crypto.
    Quick warning though: because crypto is mentioned in this video, the spam bots are gonna be out in full force even more than normal. So just as a reminder… I will NEVER reply to a comment asking you to message a number/person with some investment deal. This is a common problem on any finance/business channels with scammers impersonating them and using their logo. But it’s obviously fake. The world is full of mini Jho Low’s looking to steal your money, so stay safe out there. 👍

    • @imbored7143
      @imbored7143 Рік тому +3

      First

    • @chandlergowan1174
      @chandlergowan1174 Рік тому +8

      I have to say when I first came across your channel a few months ago it easily became my favorite channel as I learn so much from it which is especially useful as I am starting my own company. But the fact that recently you have been able to post so much putting out new videos every couple days is insane!

    • @taorbdhilxa5321
      @taorbdhilxa5321 Рік тому +1

      你你你你你你又来啊!🤔🧐

    • @beholdenpie
      @beholdenpie Рік тому +8

      Do Epstein’s island

    • @Lyricalist_k
      @Lyricalist_k Рік тому +2

      Which software do you use to do this video edits ?? You really inspure me fr,what do u use

  • @parsafarjammusic28
    @parsafarjammusic28 Рік тому +5686

    Also, I like the fact that one of the first people to notice signs of trouble was Jordan Belfort. Funny how an actual fraudster can spot another fraudster so much quicker than all the people put in place to spot fraudsters

    • @TatsumiOga682
      @TatsumiOga682 Рік тому +833

      In order to catch a criminal, you need to think like a criminal. And no one does it better than an actual criminal 😂

    • @franxx941
      @franxx941 Рік тому +311

      @@TatsumiOga682 Yeah i pretty much think that he thought something like : What Jho Low is doing isn't what a honest person would is something i would do, wait a minute... he is a scammer too!

    • @rodrigodemiguellamminen5244
      @rodrigodemiguellamminen5244 Рік тому

      I think Jordan is such a fraudster that he made that suspicion up after the fact. Man is capable of any conceivable lie.

    • @bonnymathebula007
      @bonnymathebula007 Рік тому

      Jordan is certainly not one of the first people. Many were bought to remain silent, and the rest, their opinions wouldn’t matter. It’s the irony of Jordan’s comment that is more interesting, than him being able to notice the fraudster

    • @odnostalgia1
      @odnostalgia1 Рік тому +59

      Bruh I thought the same thing 😂😂 made me chuckle

  • @Darryldesiderium
    @Darryldesiderium Рік тому +7549

    The irony..the wolf of wall street was made with stolen money😂😂Making a movie about stealing and using stolen money to make the movie😂😂That's GOAT level

    • @jonwashington6440
      @jonwashington6440 Рік тому +279

      The mockery of wealth...

    • @bluntfrazez
      @bluntfrazez Рік тому

      🤔 Is it misinformation if someone says "She was 12, he was Joe Biden... I mean 30."? 👈🏿 hmmm

    • @sytherwusky
      @sytherwusky Рік тому +172

      That would be equivalent to predator being directed by Bryan singer

    • @QenaitheCustodianGuard
      @QenaitheCustodianGuard Рік тому +52

      Stop it with the emojis mate, what are you, twelve?

    • @Aladin19bad
      @Aladin19bad Рік тому +140

      I'm from Malaysia and I like to say my dad invested in the movie😂

  • @suenzhong7891
    @suenzhong7891 Рік тому +1993

    For non Malaysians this may just be a 'wow that's insane' documentary but for Malaysians like myself it was a nightmare. We are still dealing with the terrible financial consequences of 1MDB.

    • @VensuraCherry
      @VensuraCherry Рік тому +73

      I don't really know political stuff but no wonder living in Malaysia didn't feel like it did before.

    • @meilinchan7314
      @meilinchan7314 Рік тому +100

      There are worse places on earth. We got lucky that Tun turned on Najib. Others .... like Myanmar, Venezuela, Lebanon, Libya or Syria were not so lucky.

    • @jun_suzuki42
      @jun_suzuki42 Рік тому +21

      The effects are similar with nuclear fallout in Malaysia, add on with the coronavirus.

    • @pwnmeisterage
      @pwnmeisterage Рік тому

      Even the wealthy developed nations have a lot of unrest and anger when corruption is exposed and billions of dollars are missing.
      No wonder Jho Low is living as a fugitive, worried and paranoid. People will kill each other for much smaller sums of money than what he stole.

    • @fay4967
      @fay4967 9 місяців тому +34

      ​@@meilinchan7314Lebanese here, can confirm it sucks here 😂

  • @anyone6830
    @anyone6830 Рік тому +1446

    I feel like, if he genuinely used 1mbd to develop Malaysia as he promised, he would have not only earn the love of Malaysian people, but also more than enough legitimate money for a rich life in the process

    • @hudson8954
      @hudson8954 Рік тому +138

      Most definitely. There’s for sure more to the story then we know impossible for him alone to be the mastermind of this.

    • @sunnyside100
      @sunnyside100 Рік тому +246

      Ppl like him actually don’t know how to invest. They just know how to con.

    • @user-gv6oy2tz8v
      @user-gv6oy2tz8v Рік тому +11

      You know it's not true.

    • @rapdota07
      @rapdota07 Рік тому +74

      He is rich but will not feel rich enough. Greedy greedy man.

    • @DREAMS_OF_SUCCESS
      @DREAMS_OF_SUCCESS Рік тому +44

      He would've become a prime minister himself. The people of Malaysia would've fallen for him head over heels! Sad story 😢

  • @skittleyrealm2795
    @skittleyrealm2795 Рік тому +4155

    As a Malaysian, watching this is heartbreaking and enraging. Imagine the money earned by hardworking everyday Malaysians and they pay their taxes in the hopes that it can help fund the country’s public infrastructure and projects, yet a greedy person just squanders the money on his lavish lifestyle.

    • @Daniel_0778
      @Daniel_0778 Рік тому +120

      Relax, karma is real he will get what he did someday

    • @michaelss1294
      @michaelss1294 Рік тому +110

      Greedy. Destroying civilian lives.

    • @sucio-
      @sucio- Рік тому +226

      @@Daniel_0778 karma is not real

    • @Notfromdisplanet
      @Notfromdisplanet Рік тому +37

      the ccp was protecting him so

    • @MannFace51
      @MannFace51 Рік тому +92

      @@Daniel_0778 Karma is copium, entropy is real

  • @jinwong2360
    @jinwong2360 Рік тому +3250

    As a Malaysian, my blood was boiling watching this video, realising how much we got robbed.
    Anyway, appreciate the high quality production of the video!

    • @jameslim3850
      @jameslim3850 Рік тому +1

      You must seek the truth because actually till today there is no concrete proof Najib stole any money but because he become pro-rakyat , then Mahathir gets angry as this affects Mahathir's families and cronies and he work with PH to take power. But the country is destroyed under PH and Mahathir because they dunno how to manage the country or even fulfill their empty promises aka lies. In the end , the kangaroo court (control by Mahathir) put the wrong person in jail just to silent the people. in the end Malaysia lose and ruined and unstable.

    • @andrewj3177
      @andrewj3177 Рік тому +101

      Me indonesian: haiya! first time?

    • @popcornmovietrailer960
      @popcornmovietrailer960 Рік тому

      Yeah bro,im just waiting zahid and others umno to go to jail and hope god shine a light,its just too much and shows weakness of the gov,also the gov need to changes their system and standard so we only have inteligent one instead stupid ministry.

    • @karlkanan1825
      @karlkanan1825 Рік тому +7

      Smh...

    • @wendyshoowaiching4161
      @wendyshoowaiching4161 Рік тому +4

      It's his life.

  • @AYVYN
    @AYVYN Рік тому +219

    “You wouldn’t spend money you worked for like that.”
    Clever observation

    • @xxxxxxxxx3944
      @xxxxxxxxx3944 Рік тому +8

      He could have presumed low was a billion dollar trust fund kid

  • @kumarj4693
    @kumarj4693 Рік тому +321

    Jho Low didn’t steal Malaysia blind alone. He had plenty of help, help from people who are still in power or hold power, not only in Malaysia but also in certain quarters of this planet.

    • @NavySharkz
      @NavySharkz 8 місяців тому +31

      Thank you for this comment. 99% of the comments keep saying "this guy" or "that guy" when it really should be "all of those people!"

    • @seams4186
      @seams4186 6 днів тому

      He didnt steal any money

  • @littlemisssunshine890
    @littlemisssunshine890 8 місяців тому +628

    I’ve been to Malaysia and have seen the poverty first hand. All that money could’ve made a real difference to his country. It’s absolutely disgusting what he did. Deplorable.

    • @meilinchan7314
      @meilinchan7314 8 місяців тому +22

      Yes but we didn't think Jho Low was wrong because he stole money, but because of his association with Najib. For us, anything and anyone connected to Najib Razak was bad news.

    • @karthur3421
      @karthur3421 7 місяців тому

      Let's be honest here, Jho is just the scapegoat, that's what always happens to middle man people, even now authorities are going after the middle people, lawyers, acountants, bankers etc, the true profiteers' money has all been laundered already, like arts and jewelleries and investments, that's where all the money disappeared to, which can no longer be recovered or just very time consuming, decades maybe. If you think a PM will give someone access to billions of dollars without oversight, you're more naive then we give you credit for.
      Remember, even before Najib became PM, as a defense minister, this guy already wasted hundreds of millions or even billions in dead end military purchases that amounted to nothing.
      Corruption, oligarchy, bumiputra policies, Malaysia was already going downhill long before, he just pushed it over the edge and gave the Malaysian people a hard awakening.

    • @stevenlai1199
      @stevenlai1199 7 місяців тому

      ​@@meilinchan7314the biggest thief is Dr M.

    • @NazriB
      @NazriB 7 місяців тому +1

      Lies again? Ezlink Card USD SGD

    • @gappergob6169
      @gappergob6169 6 місяців тому +4

      Even US full of homeless. I don't think the quality of life for regular people much worse in Malaysia.

  • @omerrrzahid
    @omerrrzahid Рік тому +896

    It's criminal how underrated this channel is. I stumbled on it a few days ago and I just can't stop watching these mini documentaries!

    • @reprovedcandy
      @reprovedcandy Рік тому +13

      He has 400k subs, thats hardly underrated man lol

    • @omerrrzahid
      @omerrrzahid Рік тому +19

      @@reprovedcandy for the type of content he is creating and for a while now, deserves a lot more than 400k imo

    • @koralia100
      @koralia100 Рік тому +2

      Underrated? You just wait and see

    • @TolinaSapphire4444
      @TolinaSapphire4444 Рік тому +1

      right!? mega high quality 💚💚💚💚

    • @daniel_dipo
      @daniel_dipo Рік тому

      Haha thought the same thing. But also with all these videos about people doing scam, what if this youtubers is also a scam er doing copies of others and doing the exact same thing as Jho Low here in this video.... UA-camInception 😂

  • @creeeamu3183
    @creeeamu3183 Рік тому +434

    He has no idea how many futures he robbed of Malaysian kids. Kids like me who had to grow up in schools that were in shambles because there was no money to invest in them. Money that he stole. He forced so many talented kids to leave our homes to seek opportunities overseas.
    I will never forgive him for his actions. None of us Malaysians will, ever.

    • @sirocco7151
      @sirocco7151 11 місяців тому +30

      Well said- but even if there was enough money the non Malay children would not have access to it- the parents would have to work hard to fund their children overseas. Apartheid exists in Malaysia unfortunately.

    • @opmacace523
      @opmacace523 8 місяців тому

      @@belltowndaisylol giving no accountability to the person is just stupid I hope rots in hell

    • @karthur3421
      @karthur3421 7 місяців тому

      Let's be honest here, Jho is just the scapegoat, that's what always happens to middle man people, even now authorities are going after the middle people, lawyers, acountants, bankers etc, the true profiteers' money has all been laundered already, like arts and jewelleries and investments, that's where all the money disappeared to, which can no longer be recovered or just very time consuming, decades maybe. If you think a PM will give someone access to billions of dollars without oversight, you're more naive then we give you credit for.
      Remember, even before Najib became PM, as a defense minister, this guy already wasted hundreds of millions or even billions in dead end military purchases that amounted to nothing.
      Corruption, oligarchy, bumiputra policies, Malaysia was already going downhill long before, he just pushed it over the edge and gave the Malaysian people a hard awakening.

    • @cameronschyuder9034
      @cameronschyuder9034 7 місяців тому

      Could blame both @@belltowndaisy

    • @natashabannore6849
      @natashabannore6849 5 місяців тому +3

      ​@@belltowndaisyGood for him? Are u kidding me?

  • @smartguy360
    @smartguy360 Рік тому +42

    Jho Low is the living definition of YOLO

  • @mastax1234
    @mastax1234 Рік тому +1245

    I can't get over how insanely good this guy is at making and editing UA-cam videos. I almost forget that I'm watching a UA-cam video. it feels like more like watching a professional documentary on a streaming app.

    • @iamnormal8648
      @iamnormal8648 Рік тому +26

      You can be a professional on UA-cam.

    • @dianapennepacker6854
      @dianapennepacker6854 Рік тому +11

      You can with skillshare and audible!

    • @Vayee
      @Vayee Рік тому +13

      Bro the first time i clicked on this vid i was alr like "Hold up, is it a documentary? Im going to be bored-" but then he said about Leonardo which hook me to stay in. And then the editting got me stay still for minutes. I eventually get bored fir a sec till the music flow change, his way to present the content change, and got me hooked up again by the way the money was flipped right and left. Its like a beat drop on a music trully sensational

    • @Vayee
      @Vayee Рік тому +5

      The editting. As long as you got the skill then you could. But manage it all into a perfect flowing videos its a class that only few people could yk

    • @marvelcomiks8078
      @marvelcomiks8078 Рік тому

      Jhow Low is only the vehicle for the robbery. The mastermind is Najib and his UMNO cronies. Najib has already been jailed. There are hundreds if not thousands of his cronies who should all be charged.

  • @jabloko992
    @jabloko992 Рік тому +133

    The sad irony of the situation is that if he had actually used this money legitimately, he probably could have ended up an ultra-rich man anyway, but this time from actual payoffs from legitimate businesses AND the Malaysian people wouldn't have been robbed blind.
    He made the choice to go hard and fast instead of a bit slower. I know that he literally has the character flaw of being addicted to attention and massively compensating for being an insecure little shit, but still, he only needed to bide his time for a few years and he still could have made big money. This wasn't just illegal and immoral, it was also stupid.

    • @jumahbrady670
      @jumahbrady670 9 місяців тому +3

      Greed

    • @jarifkhan3487
      @jarifkhan3487 8 місяців тому +6

      Not everyone can generate money legimately just because they have billions in funds. It needs skills. But he had con skill, so...

  • @guineapiig8089
    @guineapiig8089 Рік тому +55

    Malaysia already had a sovereign wealth fund, khazanah, which had been operating with oversight for decades when 1mdb was formed. Which meant that 1mdb was meant as a slush fund without oversight from the start.

    • @yslee1401
      @yslee1401 2 місяці тому +2

      It was Jibby’s and Rosie’s personal bank

    • @adamwayne487
      @adamwayne487 2 місяці тому

      HAHAHAHAHAHA ​@@yslee1401

  • @ericdelay5269
    @ericdelay5269 Рік тому +40

    He went from JOLO to YOLO to LAYLOW

  • @jakkor1106
    @jakkor1106 Рік тому +233

    Dude literally made a movie about fraud and stealing money with fraudulent and stolen money… wow what a legend literally one of the craziest power play ever. I have a friend who’s from malaysia and used to know jho lo and he said jho lo is definitely still living a lavish lifestyle driving porsches and mercedes lol

    • @kucingkucing316
      @kucingkucing316 Рік тому +6

      And where he's living now?

    • @Sednas
      @Sednas Рік тому +9

      people most familiar with scams would be the ones who would be the best at making media related to scams (just look at this video's sponsor)

    • @ugoeze7360
      @ugoeze7360 Рік тому +3

      I call that a strong flex.

    • @zoeydeu2261
      @zoeydeu2261 Рік тому +1

      ​@@kucingkucing316 probably a secluded island or in China. That or he had plastic surgery and is living in EU under a fake passport

    • @brianjung160
      @brianjung160 Рік тому

      @@ugoeze7360 I made up to$65, 750 a day wow nice

  • @JuliaMarieH
    @JuliaMarieH Рік тому +57

    Imagine being a scammer using scam money to make a money about a scammer but then the scammer in question catches you in the scam 😭 I’m convinced you made this up lmao

    • @onelemon1625
      @onelemon1625 8 місяців тому +4

      ever heard of fact checking before you accuse?Not that hard.

  • @duncasaurus_
    @duncasaurus_ 7 місяців тому +10

    Missed a massive opportunity to name this video “How Low can Jho Go?”

  • @monachopsis5622
    @monachopsis5622 Рік тому +172

    This man was an epitome of "48 laws of power"

  • @LHSlash
    @LHSlash Рік тому +117

    Incredible video. This is just better than 99.9% of stuff on Netflix.

    • @Sednas
      @Sednas Рік тому

      even more incredible is that he literally promotes a ponzi scheme with 200% annual returns. Truly astonishing.

  • @KageNoTenshi
    @KageNoTenshi Рік тому +23

    There’s a certain overwhelming amount of irony that the wolf of wall street was made with stolen money

  • @Skyrem25
    @Skyrem25 9 місяців тому +15

    This is how a few people can change the fate of a country..

  • @ultimatereveal1687
    @ultimatereveal1687 Рік тому +288

    The story could have been different. Like how one man established connections to help make living conditions in a country better.
    But as we’re all aware, greed gets the better part of us, corrupting good intentions and leaving us nothing short of the devil.

    • @njoyn1909
      @njoyn1909 Рік тому +8

      Interestingly tho, I wonder if this video would have still been made about him if he did that. Just food for thought

    • @henrylam92
      @henrylam92 Рік тому +17

      @@njoyn1909 well it wouldn’t be on this channel. There would be movies and documentaries made due to his story how he fakes til he “made it”. In the end Jho Low lived a fake reality that was not meant for him. Surprised he made it that far

    • @johnbob5137
      @johnbob5137 Рік тому +2

      I always wonder how I would end up if i had the money to influence and change the world.

    • @henrylam92
      @henrylam92 Рік тому +3

      @@johnbob5137 I guess it depends how much you struggled in your life until you got to the point

    • @jembodragon
      @jembodragon Рік тому +8

      Yes it could have been way different beneficially. Great stories usually comes from “Rags to Riches.” Jo low is simply a spoiled PANDA who was always a people pleaser no matter what the cost was. The interesting part is how people like him who’ve accomplished such a massive scam despite how regulated the “system” might one considered to be.

  • @solis_void
    @solis_void Рік тому +127

    It's insane that this level of quality can be for free. Huge props to the people running this channel.

  • @seraphina985
    @seraphina985 Рік тому +17

    Honestly the celebrities showing up and performing for money makes perfect sense and no that doesn't just mean in the sense of being on stage. These are people who's very skillset is performance art you want them to look and act the part and you have the money to pay that is what you get. Most of them probably see it like a short term improv gig. The events were fake so actors and performance artists really are the best sort of talent to hire this is what they do best putting on a show.

  • @thandomvimbi1558
    @thandomvimbi1558 Рік тому +20

    I feel Jho Lo isn't alone in this scam, some highly ranked Malaysian officials are in with him, theres no way they couldn't foresaw the scam, I think maybe the niece is with him or even Najib himself

    • @rahla53
      @rahla53 Рік тому

      Well, that is what it is claimed-

  • @CourtsThoughts
    @CourtsThoughts Рік тому +151

    You're a machine pumping out this calibre of content two days in a row!

    • @triadwarfare
      @triadwarfare Рік тому +12

      I think he should take it easy. Don't want him to end up like Jake Tran, which eventually became a sellout.

    • @sunnykwan111
      @sunnykwan111 Рік тому

      You beat me to this comment haha

    • @gidd
      @gidd Рік тому +1

      He has a team of people

    • @somedayitsgonnamakesense
      @somedayitsgonnamakesense Рік тому +5

      next upload would be "The downfall of Jake Tran"

    • @kourtneyrice8667
      @kourtneyrice8667 Рік тому +1

      I keep on getting $38,000 every week from a new trading platforms in town which Elon recommends

  • @0162702036
    @0162702036 Рік тому +479

    As a Malaysian i can tell you for a fact that Najib knows everything and encourages it for his popularity gain no doubt its a well thought out plan but putting him as a victim of a scam is not the fact.
    But well done on the story! Love the content

    • @sytherwusky
      @sytherwusky Рік тому

      oh and by the way it didn't stop with wolf of wall street

    • @domq1543
      @domq1543 Рік тому +1

      Is Najib innocent?

    • @0162702036
      @0162702036 Рік тому +11

      @@domq1543 hell no!

    • @wafiwan93
      @wafiwan93 Рік тому +13

      @@domq1543definitely not an innocent. He’s a smart guy, so he can’t be labeled innocent or a victim. He knows whats going on.

    • @romanoff1241
      @romanoff1241 Рік тому +10

      ​@@wafiwan93 he's not a smart guy. he just got power.

  • @TheGuyCalledCarl
    @TheGuyCalledCarl Рік тому +59

    "You wouldn't spend money you worked for like this" - Jordan Belfort knows what's up ;D

  • @SuuBrainrot
    @SuuBrainrot Рік тому +63

    love how both the sponsors on this video are clearly scams, really testing if your audience pays attention lmao

    • @piusmuganga1163
      @piusmuganga1163 7 місяців тому

      You know😂😂 the irony

    • @Ymch809
      @Ymch809 4 місяці тому

      That what I found hilarious and you're the first person that has pointed it out lol

    • @Sanity1111
      @Sanity1111 3 місяці тому +4

      There's so many layers to it. A scammer used scammed money to fund a movie about a scammer. And the video covering it has an ad for a scam.

  • @bmyers6831
    @bmyers6831 Рік тому +12

    The man creates 1MDB and financed a movie...thus...being put into IMDB...

  • @kenkioqqo
    @kenkioqqo Рік тому +59

    i've been a huge fan of MagnetsMedia for about two years now. When I discovered the channel, the documentaries were already top-notch. But right now, this is level of production quality is just through the roof. Man, you've kept improving your game steadily with every new video you publish. At this point, I just can't afford to skip a MagnetsMedia documentary when I see one.

    • @diveloved1933
      @diveloved1933 Рік тому +1

      Exactly how I feel!

    • @rowannadon7668
      @rowannadon7668 Рік тому +3

      Magnates! Not magnets

    • @kenkioqqo
      @kenkioqqo Рік тому

      @@rowannadon7668 Correct!

    • @Revolution0735
      @Revolution0735 Рік тому +1

      I found out This channel about 2 months ago. I subscribed this channel at my first video. All the reasearch Magnet Media Makes is awesome I couldn't agree more with you.

  • @titaniumfeather5000
    @titaniumfeather5000 Рік тому +14

    Jordan Belfort thinking Jho's money was stolen, game recognize game

  • @DzR1591
    @DzR1591 8 місяців тому +18

    Being rich sounds great. I cant believe all the best stuff in life is locked behind a social construct of money😢

  • @charithhansana4842
    @charithhansana4842 Рік тому +4

    just joined your channel. really appreciate the time and you have spent for edits and infos.

  • @lintonfor4035
    @lintonfor4035 Рік тому +82

    It's crazy that there is probably an even bigger scam, but the perpetrator just hasn't been caught.

    • @vanhuvanhuvese2738
      @vanhuvanhuvese2738 Рік тому +10

      and another one is being cooked

    • @preciousone9377
      @preciousone9377 Рік тому +4

      Every time I think I’ve heard the biggest scam story another one tops it, it’s disgusting how easy it is for them to get away with it.

    • @blackadam6445
      @blackadam6445 Рік тому +2

      That’s huge what you just said. Shows how in the dark we all are. We don’t know shit is happening until after it’s gone down and by then it’s far too late. Not sure where to put the blame in the that regard

    • @marina2516
      @marina2516 Рік тому

      He is a very smart guy,not a scammer,,good for Him ,, 👍

    • @johnbob5137
      @johnbob5137 Рік тому

      Im sure there is multiple going on as we speak.
      There is homeless and hungry little children all over the world. Gotta be the result of a scam

  • @Nat_Ryder
    @Nat_Ryder Рік тому +569

    He stole all the money? You give him more credit than anyone can believe. Yes, he was very clever, a super technically capable confidence trickster but no matter how good a salesman he was, he could never pull out such superdeals without the authority of the politicians and oligarchs who are really the clever people. They are free and living the high life while this guy takes the fall, although they haven't caught him yet.

    • @mikeschaller9082
      @mikeschaller9082 Рік тому +34

      So what country doesn't have government workers stealing money or assets?

    • @sonny9511
      @sonny9511 Рік тому +78

      You really think the oligarchs and the politicians are the clever people? Don't be that delusional please

    • @billylukito5522
      @billylukito5522 Рік тому +36

      @@sonny9511 at least clever enough to dumb the masses

    • @Blackridge.
      @Blackridge. Рік тому +25

      Absolutely, that is the truth. The power and brains are really in the hidden people. As usual.

    • @rafeelios
      @rafeelios Рік тому +6

      please ask your English teacher the meaning of ......takes the fall

  • @pyangurloo
    @pyangurloo 5 місяців тому +4

    Watched this as the year ends. Made me reflect on what I have. You, sir, deserve my respect. Thank you for this video. Truly.

  • @1963MN
    @1963MN 4 місяці тому +3

    An excellent piece of investigative journalism, great video editing and equally great and interesting narration. Kudos😃🙏

  • @spinyslasher6586
    @spinyslasher6586 Рік тому +124

    17:40 I guess only a thief can truly know another of his kind 😂

    • @totalcap2989
      @totalcap2989 Рік тому +13

      dude was like hmmm ive seen this before

    • @Sednas
      @Sednas Рік тому +1

      same goes for the original poster

  • @cathy4875
    @cathy4875 Рік тому +206

    If only he put all his connections to good use, he'd have been a highly successful businessman. Sadly he wasn't willing to work for money to understand the value of its importance.
    This video and its likes successfully helped Malaysian voters make the wise choice in the '18 and '22 elections.

    • @alwaysmeepin9609
      @alwaysmeepin9609 Рік тому +1

      I actually know nothing about Malaysian politics, who did they elect?

    • @Aizu94
      @Aizu94 Рік тому +5

      In 2018, we elected our former and the 4th Prime Minister, Mahathir Mohamad, but his party got booted out after he promised to elect Anwar Ibrahim as the next PM after his term but in reality, he dont
      So came the next General Election in 2022 and this time, Anwar's party won the majority and we have a coalition party ruling M'sia right now

  • @indobalicafe9363
    @indobalicafe9363 Рік тому +11

    This guy is my neighbour flat in Penang, Malaysia. His car number is also No.1 always park in front my shop once a month before he got caught with the Malaysian Prime Minister.

  • @johnzhibai
    @johnzhibai Рік тому +48

    As a Malaysian this guy is the single most hate people ever , but still thats a very impressive villain arc its just sad that Malaysia would never recover from what he does atm

    • @torufin
      @torufin Рік тому +7

      It's a very interesting story too, he took" fake it till you make it" to another whole level, still he himself is the richest scammer to this day.

    • @IAmGodHimself777
      @IAmGodHimself777 8 місяців тому

      He’s not even close to the most hated person, nor does he deserve to be.

  • @robbes7rh
    @robbes7rh Рік тому +174

    This video is the most comprehensive account of this saga that I’ve seen. It answered a lot of questions I had from watching it spill out over the years in bits and pieces from the news cycle. It’s fascinating that Jho Lo claims he’s done nothing wrong! Oh, so that incredible spending spree came from his own personal coffers? Where’s the 6 billion capital from the two bond offerings, Jho?

    • @marvelcomiks8078
      @marvelcomiks8078 Рік тому

      Jhow Low is only the vehicle for the robbery. The mastermind is Najib and his UMNO cronies. Najib has already been jailed. There are hundreds if not thousands of his cronies who should all be charged.

    • @missbearlockholmes
      @missbearlockholmes Рік тому

      Coffers

    • @robbes7rh
      @robbes7rh Рік тому +1

      @@missbearlockholmes - didn’t you know there’s a lot of money to be had in hair styles? Oops! Thank you.

    • @robbes7rh
      @robbes7rh 8 місяців тому +1

      @@belltowndaisy - that may be so but that would be on them. At least some of it could have been used as intended. Right now the government has none of the money and they are on the hook for all of it. Jho was not the only one who took money but he was the principal player at the center of this scam and he definitely got the lion’s share.

  • @swami6297
    @swami6297 Рік тому +36

    I feel it’s crazy to talk about a man who is scamming money but then yet to promote something that can earn you over 200% a year on something that’s literally impossible

  • @KingSeven007
    @KingSeven007 21 день тому +2

    Your videos are amazing!

  • @solomonfestus572
    @solomonfestus572 5 місяців тому +6

    How the heck did he spend almost a billion in less than 5 years 😂

  • @oliviaralston1
    @oliviaralston1 Рік тому +61

    You work for 40yrs to have $1M in your
    retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.....

    • @thylda7877
      @thylda7877 Рік тому

      ​@Betsy Schwartz That's true most people today have been having a lot of failure in Forex and cypto sector because of poor orientation and bad experts.

    • @kelseyeadelmarr6109
      @kelseyeadelmarr6109 Рік тому

      Is it possible to produce superior performance provided you do something different from the majority, However most of us tend to pay more attention to the shiniest position in the market to cost proper diversification.

    • @hauwaahmad9606
      @hauwaahmad9606 Рік тому

      @Luther Filbert Interesting, and I have a lump sum doing absolutely nothing in my bank account, i wanna get something started with it, you seem to be doing excellent for yourself, how do you achieve this?

    • @kiyotofujita2178
      @kiyotofujita2178 Рік тому

      I don't think anybody should be left out when going for digital asset's

    • @kirstenraedmund7346
      @kirstenraedmund7346 Рік тому

      @Lewis Kelly Do you trade by yourself?

  • @RickysRandomVideos
    @RickysRandomVideos Рік тому +35

    Man you are one of my favourite youtubers right now, the quality of content and depth of info is insane!

    • @Sednas
      @Sednas Рік тому

      He literally promoted a ponzi scheme directly to you. He's a fraudster just like the ones he talks about.

  • @a1legacy532
    @a1legacy532 Рік тому +76

    The funny part is he had the networks and power to actually be successful instead of stealing the money lmao he could've made it work.

    • @yulopthegreat
      @yulopthegreat Рік тому +6

      It is faster to steal

    • @nebunezz_r
      @nebunezz_r Рік тому +11

      ​@@yulopthegreat except on that scale he's better off making genuine fucking business because it really is faster to make money when you're already at the top

    • @yulopthegreat
      @yulopthegreat Рік тому +3

      @@nebunezz_r no you don’t understand he feel more spectacular and making infinite money by stealing and cash in and throwing asset is is not about making legitimate business because he is not interested in.

    • @yulopthegreat
      @yulopthegreat Рік тому

      @@nebunezz_r no you don’t understand he feel more spectacular and making infinite money by stealing and cash in and throwing asset is is not about making legitimate business because he is not interested in.

    • @yulopthegreat
      @yulopthegreat Рік тому +1

      And he is mention in not interest in conventional business he already aim the wealth of a country that is better than any business

  • @juyi7967
    @juyi7967 Рік тому +3

    Fantastic video editing and the clear storyline Behind it

  • @hugeiftrue4224
    @hugeiftrue4224 Рік тому +49

    “How does a guy born on a small Malaysian island end up becoming friends with Hollywood stars…” - His parents were millionaires and he grew up with Billionaires, bro.

  • @somerandomfella
    @somerandomfella Рік тому +19

    Epic content 😎👌Jho Low makes Hushpuppi look like a boyscout..

  • @archipiratta
    @archipiratta Рік тому +14

    Goldman are one of the biggest facilitators of financial crimes and yet they never attract the scrutiny they deserve

    • @Meltaways
      @Meltaways 6 місяців тому

      Of course not, never trust a nose.

  • @phil1761
    @phil1761 Рік тому +62

    Damn you're releasing bangers after bangers. Really loved your content!

  • @PierceJordan
    @PierceJordan Рік тому +56

    I just want to know how many people work on a single video for this channel. These videos are incredibly well done!

    • @vishalsahu211
      @vishalsahu211 Рік тому

      ^^Thanks for watching, 📥 i got something to introduce you to.

  • @Jb-mp1in
    @Jb-mp1in Рік тому +8

    I was taught that early on in life the reckless spending means it wasn't gained legitly The richest people are the most low key most of the time

  • @timothybrogan7008
    @timothybrogan7008 10 місяців тому +2

    I fought your channel a few days ago. I love the content you make. I've been watching these at work

  • @conrado.
    @conrado. Рік тому +5

    Great upload again
    Thank you Magnates

  • @frankchinguwo4807
    @frankchinguwo4807 Рік тому +7

    So detailed and clearly... Amazing 🔥🔥👏🏽

  • @mitsune13
    @mitsune13 9 місяців тому +7

    im from the Philippines and our idiot government just passed the bill for our "sovereign wealth fund" with the track record of our politicians, i just fear for the worst

  • @ExxonMobilCompany
    @ExxonMobilCompany Рік тому +192

    fantastic video Everybody wants to be financially independent and live a better life. With savvy investing, an inexpensive lifestyle, and diligent budgeting, this is not difficult to do. I'm glad I realised early on that achieving financial freedom requires hard work.

    • @marcelrobert9569
      @marcelrobert9569 Рік тому +3

      @@markgeorge8206 Sincerely, I'm genuinely moved by what you said. I have a seizable amount of money that I am willing to invest if given the appropriate knowledge and I am highly interested in investing. My greatest concern is losing money on a bad investment. I'm open to hearing your advice on how to make sensible investments as a result.

    • @charlotteflair1043
      @charlotteflair1043 Рік тому +3

      @@marcelrobert9569 Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response.

    • @marcelrobert9569
      @marcelrobert9569 Рік тому +1

      @@charlotteflair1043 My consultant is Julie Anne Hoover I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her trade pattern and haven't regretted doing so.

    • @obodoaghahenry9297
      @obodoaghahenry9297 Рік тому

      @@marcelrobert9569 Insightful... I curiously looked up her name on the internet and I found her site, thanks for sharing

    • @NavySharkz
      @NavySharkz 8 місяців тому

      I'm going to guess you don't come from a wealthy background. This guy and people like him born with silver spoons in their mouths don't recognize or know about ho est hard work. They grow being handed any and everything they want.
      Thank you for sharing your insight and financial connection.

  • @aaronwalcott513
    @aaronwalcott513 Рік тому +17

    This is probably common knowledge. Yet, i knew nothing of this till i saw this immersive, informative and entertaining documentary. Well done!

  • @Squorzel
    @Squorzel Рік тому +25

    Incredible how to videos are coming out so fast. Such a cool topic 👍😎

  • @RonaldTrumpOfficial
    @RonaldTrumpOfficial Рік тому +6

    This guy is the only guy who can talk about a scam, then sound like the exact scam but not be a scam.

  • @Hoster987
    @Hoster987 10 місяців тому +29

    Sadly, this has been / is going on everyday, all over the world, especially on Wall Street. When sht hits the fan, we just call it "financial crisis, etc." while banks / politicians still walk away / make millions. Also a perfect example of our greed....if you can "free money" how can you stop....at one point, I think you would lose the concept of currency / money

    • @GamerFromJump
      @GamerFromJump 7 місяців тому

      How do government officials become millionaires with a salary of a hundred thousand or so? Graft, enabling people like Jho Low.

  • @vaibhavsharma3012
    @vaibhavsharma3012 Рік тому +7

    Great work once again Comrade.

  • @SpacedogD
    @SpacedogD Рік тому +18

    Thank you for the story. As someone from Singapore, I've heard of bits and pieces of the scandal but never saw the full picture. This is very informative.

  • @eshxar
    @eshxar 8 місяців тому +2

    Yo. That whistle blower is a fkn legend 😂

  • @WNKS70
    @WNKS70 Рік тому +7

    The moment when Di Caprio thanking Jho Low during Oscar

  • @PS3456
    @PS3456 Рік тому +7

    Amazing Documentary. Great effort. Amazing how these folks are able to manipulate.

  • @SpiralshapeDev
    @SpiralshapeDev Рік тому +40

    How did he make his editing even better than it was???

    • @vishalsahu211
      @vishalsahu211 Рік тому

      ^^Thanks for watching, Dm📥 i got something to introduce you to.

    • @novaere
      @novaere Рік тому +2

      It's not him don't bother

  • @victoriaaaaaawestaaa
    @victoriaaaaaawestaaa Рік тому +2

    Thank you for the information

  • @greychi
    @greychi 7 місяців тому +3

    this is the true definition of a sociopath: someone who lies, scams, and does whatever it takes to paint a certain image of themselves. a sociopath is an actor who never stops acting. nowadays the term “sociopath” is thrown around inaccurately at anyone who hurt someone’s feelings, or even confused with a psychopath. but no this man is a true example of a clinical sociopath. they’re not dangerous in the way of harming animals and humans, they are scammers and liars and need to feed their ego constantly

  • @20Rewind
    @20Rewind Рік тому +4

    Really nice video, keep up the work!

  • @__unkown____246
    @__unkown____246 Рік тому +22

    I use to watch Jake Tran before he started to put out trash content. This is my new favorite UA-cam channel. Keep up the great work

    • @kayedans8779
      @kayedans8779 Рік тому +5

      Bro me too I unsubscribe from Jake Tran can't waste my time with a corrupt UA-camr

  • @maulikshah28
    @maulikshah28 Рік тому +1

    Great video. Love this channel

  • @klajdihatija6750
    @klajdihatija6750 Рік тому +1

    Amazing video! Well done ! 👌🏻

  • @bad_money
    @bad_money Рік тому +10

    The fact that he funded the wolf of Wall Street is actually pretty funny, wouldn't have wanted it funded any other way.

  • @josiahperez5621
    @josiahperez5621 Рік тому +7

    When Jordan Belfort said he didn't trust Jho Low I just thought, takes one to know one.

  • @CCUStories
    @CCUStories Рік тому +3

    Belfort not liking Jho Low oddly reminds me of Aizen going against Yhwach in bleach, former villain vs current villain

  • @jherualba
    @jherualba Рік тому +5

    THIS story needs a fkn movie

  • @chikaspeaks
    @chikaspeaks Рік тому +37

    At least, the Malaysian people got the justice they deserved. I just hope my country (Nigeria) gets the justice she deserves someday 😥

    • @diegochavez679
      @diegochavez679 Рік тому +3

      Doubt it shell is still stronger than ever

    • @vishalsahu211
      @vishalsahu211 Рік тому

      @@diegochavez679 ^^Thanks for watching, Dm📥 i got something to introduce you to.

    • @AllmightyGigachad
      @AllmightyGigachad Рік тому

      ​@@vishalsahu211 ur mom

  • @ramzansson395
    @ramzansson395 Рік тому +19

    Our Royal Malaysian Police intelligence unit spotted Jho Low in Hong Kong and have requested the Hong Kong Police to detain and extradite Jho Low to Malaysia but the request has been denied which is pretty clear that something shady is happening between Jho Low and Hong Kong Police. How in the world could a law enforcement agency rejected a request to detain and extradite an Interpol and FBI wanted man?? Hong Kong Police are also corrupted now

    • @BobbyGeneric145
      @BobbyGeneric145 Рік тому +4

      Definitely, ever since mainland began exerting direct control over hong kong its gone to shit.

    • @akiravader7888
      @akiravader7888 Рік тому

      You forgot ccp don't want to let go him because he is holding Goldman Sach secret with him

  • @steve3728
    @steve3728 Рік тому +1

    Wonderful video! Very informative and the narration was good with the exception of the last word in every sentence being drawn out three times as long as it's supposed to. Why?

  • @cashouttbready6529
    @cashouttbready6529 10 місяців тому +4

    It’s intriguing to hear about this guy because wolf of Wall Street is my favorite movie of all time

  • @proxim.
    @proxim. Рік тому +12

    Your videos are absolutely incredible, movie quality. Keep killing it 👏

    • @vishalsahu211
      @vishalsahu211 Рік тому

      ^^Thanks for watching, 📥 i got something to introduce you to.

  • @crisnkayilu6310
    @crisnkayilu6310 Рік тому +6

    Man great work 👌👌👌

  • @Jonas-km4qx
    @Jonas-km4qx Рік тому

    Great documentary, cheers!

  • @Kupela_Njovu
    @Kupela_Njovu Рік тому +1

    Shout out MagnatesMedia I love your story telling

  • @everyhandletaken
    @everyhandletaken Рік тому +5

    J-Lo: wanted by many
    J Low: wanted by authorities

  • @PLPCPLAPD
    @PLPCPLAPD Рік тому +14

    After the fraud was discovered, he changed his name to Lei in order to both avoid detection and to better reflect his current status.

  • @paolorossi784
    @paolorossi784 Рік тому +4

    So Jho Low financed a move about a life without producers and actors knowing.😂😂😂

  • @glittermob9155
    @glittermob9155 Рік тому +1

    Nice video! Here's some info to clarify at the beginning: It's not Wharton University, it's the undergraduate program of the University of Pennsylvania's Wharton Business School.

  • @herobandar8257
    @herobandar8257 Рік тому +21

    Wow, you did thorough research on Jho Low. Even the authorities are scratching their heads on how this scam came about.

  • @fxjh21
    @fxjh21 Рік тому +6

    As a Malaysian, shit's depressing asf

  • @alchemy1233
    @alchemy1233 6 місяців тому +1

    one of my new fav UA-camrs :)

  • @Hollowdude15
    @Hollowdude15 10 місяців тому +1

    Awesome title and nice video man :]