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Financial Forensics: The Due Diligence Files Financial Forensics: The Due Diligence Files Sergio Stieben The Moscow Murders and More The Moscow Murders and More Bobby Capucci Missing Persons Mysteries Missing Persons Mysteries Steve Stockton Some Dare Call It Conspiracy Some Dare Call It Conspiracy Some Dare Call It Conspiracy True Crime Podcast 2026 - Police Interrogations, 911 Calls and True Police Stories Podcast True Crime Podcast 2026 - Police Interrogations, 911 Calls and True Police Stories Podcast True Crime Podcast 2026 True Crime True Crime Media Network L'Heure Du Crime L'Heure Du Crime RTL Hill of Justice Hill of Justice Jerome Hill MiedoScope Historias de Miedo en Directo MiedoScope Historias de Miedo en Directo Miedoscope True Crime Today | Daily True Crime News & Interviews True Crime Today | Daily True Crime News & Interviews Real Story Media Handelsblatt Crime - spannende Streitfälle der deutschen Wirtschaft Handelsblatt Crime - spannende Streitfälle der deutschen Wirtschaft Ina Karabasz, Solveig Gode, Sönke Iwersen The Gilgo Beach Murders: The Case Against Rex Heuermann The Gilgo Beach Murders: The Case Against Rex Heuermann True Crime Today Hidden Cults Hidden Cults Nik Hunter Back To Ashes: Scary Stories to Sleep to Back To Ashes: Scary Stories to Sleep to Phoenix Weird Darkness: Paranormal & True Crime Stories Weird Darkness: Paranormal & True Crime Stories Darren Marlar | Weird Darkness William Ramsey Investigates William Ramsey Investigates William Ramsey Crime Salad Crime Salad BLACKCAT | Realm The Home Defense Show Podcast The Home Defense Show Podcast Skip Coryell Criminology Criminology Emash Digital & Mike Ferguson, Mike Morford Home(icides) Home(icides) Bababam Alle Jahre Mörder Alle Jahre Mörder Jasmin Selzer & Christian Zimmer Les Récits extraordinaires de Pierre Bellemare Les Récits extraordinaires de Pierre Bellemare Europe 1 Archives La Traque La Traque Bababam Affaires criminelles avec Cogiteur Stories Affaires criminelles avec Cogiteur Stories Cogiteur Stories Au Coeur du Crime Au Coeur du Crime Europe1 Hondelatte Raconte Hondelatte Raconte Europe 1 Snapped: Women Who Murder Snapped: Women Who Murder Oxygen Crime Time Inc Crime Time Inc Crime Time Inc History's A Disaster History's A Disaster Andrew Disturbing History Disturbing History Disturbing History-True Stories True Crime Kent True Crime Kent Kent Chungus Morning Cup of Murder Morning Cup of Murder Morning Cup of Murder Cárceles Podcast Cárceles Podcast Cárceles Podcast المحقق | حمزة البلومي المحقق | حمزة البلومي Hamza Belloumi Sword and Scale Sword and Scale Sword and Scale The Trebles Show The Trebles Show Angel Trebles Garcia Ve stínu Ve stínu Seznam Zprávy
Financial Forensics: The Due Diligence Files

True Crime

Financial Forensics: The Due Diligence Files

Sergio Stieben

Hindenburg Research 2025: The Dual Short Report Classification & Institutional Portfolio Governance│File 135 T2

June 28, 2026 5:00am 17 min

This GP and LP layer addresses the institutional governance gaps that surface when an activist short report targets a core portfolio company. We isolate the mechanical friction between treating external investigative res...

The Fraudster Who Got Scammed: Inside Bayou’s Secret $150M Chase│File 127 T1

June 28, 2026 5:00am 18 min

The firm took a short position in the company before it published the report. It disclosed the short position in the report. The report was accurate. The company's founder was later convicted of fraud and sentenced to pr...

Three Arrows Capital 2022: Bilateral Credit Opacity & The On-Chain Counterparty Surveillance Gap│File 134 T2

June 27, 2026 5:00pm 19 min

This GP and LP institutional analysis isolates the structural breakdown of uncollateralized bilateral credit risk modeling in the absence of central clearing mechanisms. We examine how 3AC weaponized informational asymme...

The Only Lender Illusion:Inside the Invisible 3.5B Leverage Loop of 3AC│File 134 T1

June 27, 2026 5:00pm 16 min

They told each lender they were the only one. Not explicitly. Not in writing. But the structure of how they borrowed money meant that no individual lender knew the total amount being borrowed from everyone else. Each one...

How Celsius Network Built the Ultimate Digital Bank Run│File 133 T1

June 27, 2026 5:00am 19 min

The chief executive of the company went live on a public video stream and told his audience that the platform had billions in liquidity and was providing immediate access to everybody. Three days later, the company froze...

Celsius Network 2022: The Terms of Service Asset Title Illusion & Rehypothecation Arbitrage│File 133 T2

June 27, 2026 5:00am 19 min

This GP and LP institutional layer analyzes how undisclosed rehypothecation and unconstrained asset-liability duration mismatches convert demand-callable deposit products into low-priority unsecured creditor positions wi...

Why PG&E Sparked America’s Deadliest Utility Crisis│File 132 T1

June 26, 2026 5:00pm 18 min

A metal hook on a transmission tower failed and energized wire fell into dry brush below. The hook was an original component. It had been in continuous service since nineteen twenty-one. It was ninety-seven years old on ...

PG&E 2019 Bankruptcy: The Historical Book Value Disconnect & Asset Maintenance Due Diligence│File 132 T2

June 26, 2026 5:00pm 17 min

This GP and LP institutional layer deconstructs the structural accounting gaps that render traditional utility credit and equity modeling obsolete under physical climate risk. We isolate how US GAAP requirements carry tr...

Astaldi S.p.A. Insolvency 2018: The Carrying Value Realization Gap & Project Cross-Default Risk│File 131 T2

June 26, 2026 5:00am 18 min

This GP and LP institutional analysis evaluates Astaldi as a core case study for infrastructure fund allocators, credit underwriting committees, and investment due diligence teams. We isolate the systemic disconnect betw...

The Construction Giant That Choked on Its Own Debt│File 131 T1

June 26, 2026 5:00am 15 min

One hundred projects. Seventeen countries. Five continents. And a bridge in Istanbul that nobody would buy. That is not a metaphor for fragility. It is the precise architecture of how a ninety-year-old Italian infrastruc...

The Billionaire Who Plundered His Own Company's Pension│File 130 T1

June 25, 2026 5:00pm 13 min

He sold the company for one pound. Not because it was worth one pound. Because by the time he sold it, he had already taken out everything it was worth. That is not a metaphor. It is the arithmetic of fifteen years of ow...

BHS & Philip Green Collapse 2016: The Pension Covenant Valuation Gap & Private Equity LBO Risk│File 130 T2

June 25, 2026 5:00pm 17 min

This GP and LP institutional framework converts the five hundred and seventy-one million pound British Home Stores collapse into a sophisticated due diligence risk manual for alternative asset allocators, credit underwri...

Inside the Shadow Banking Empire That Fooled the World│File 129 T1

June 25, 2026 5:00am 16 min

The bank classified it as one of the safest investments it offered. The instruments matured in weeks. They were backed by invoices from companies with investment-grade credit ratings. The insurance was in place. The rati...

Greensill Capital Collapse 2021: The Institutional Disclosure Gap & The 2024 IASB Reporting Mandates│File 129 T2

June 25, 2026 5:00am 18 min

This GP and LP institutional analysis deconstructs Greensill Capital as an operational model for credit allocators and due diligence committees, shifting the analytical focus from the market narrative to the structural d...

Braskem & Odebrecht Fraud 2016: The Related-Party Governance Deficit & The Arm's-Length Pricing Signal│File 128 T2

June 24, 2026 5:00pm 17 min

This GP and LP institutional framework converts the multi-billion-dollar Braskem and Odebrecht collapse into an active due diligence protocol for evaluating companies operating within overlapping state-owned enterprise (...

Inside the Department of Bribery: Latin America’s Biggest Fraud│File 128 T1

June 24, 2026 5:00pm 18 min

The company needed raw materials. Its supplier was partly owned by its controlling shareholder. The controlling shareholder also controlled the board of the supplier. So when it came time to negotiate the price of those ...

The Hedge Fund That Built a Fake Auditor to Fool Wall Street│File 127 T1

June 24, 2026 5:00am 16 min

The problem with an external auditor is that you cannot control what it finds. It reviews the books, asks questions, and verifies the assets. If the numbers are wrong, it stops signing. That is the structural logic of in...

Bayou Accounting Fraud 2005: The Institutional Due Diligence Deficit & The Independent Asset Verification│File 127 T2

June 24, 2026 5:00am 16 min

This GP and LP institutional framework converts the multi-year Bayou Group collapse into an active asset-allocation due diligence model for hedge fund allocators, family offices, and institutional investment committees. ...

Blood, Lies, and False Promises: The Deadly Theranos Loophole│File 126 T1

June 23, 2026 5:00pm 16 min

The device did not work. The tests it produced were inaccurate often enough to be dangerous. Patients received results that indicated cancer where there was none, or indicated normal values where there was disease. Tens ...

Theranos Regulatory Gap 2018: The Regulatory vs Commercial Validation & The Analytical Validity Deficit│File 126 T2

June 23, 2026 5:00pm 16 min

This GP and LP institutional framework converts the multi-year Theranos collapse into an active regulatory due diligence model for life sciences, health technology, and medical device allocators. We deconstruct three dis...

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