How it Felt Running a $700 Million Bank Fraud

What It Was Like

In 2003, a Wall Street trader named John Rusnak was convicted of bank fraud and sentenced to more than seven years in prison. In this episode, John explains how a series of bad bets snowballed into one of the biggest white-collar crimes in US history and why he kept doubling down.

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In 2003, a Wall Street trader named John Rusnak was convicted of bank fraud and sentenced to more than seven years in prison. In this episode, John explains how a series of bad bets snowballed into one of the biggest white-collar crimes in US history and why he kept doubling down.

Find us on TikTok: @whatitwaslikepodcast

Find us on Youtube: @whatitwaslikepodcast

Follow us on Instagram: whatitwaslikepodcast

This is a Superreal production

Hosted on Acast. See acast.com/privacy for more information.

2025-08-29 63 min
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