Billion dollar bubble: the true story of the biggest fraud of all time (TEFC)

United Kingdom, 1976

Film
Please note

Sorry, we don't have images or video for this item.

A re-enactment of one of the biggest frauds of all time. In 1969, the Equity Funding Corporation of America lacked the facts to make an accurate profit forecast because of computer troubles. They made a guess - two million dollars too optimistic. So two young executives fed fictitious insurance polices in the computer - all prefixed “99” so that they could easily be cancelled when the temporary loan was paid off. But the temptation to escalate the fraud became irresistible. Cast includes James Woods, Bill Hootkins, Shane Rimmer, Sam Wanamaker, Christopher Guest and Lionel Murton. Script by Tom Clarke.

Credits

production company

British Broadcasting Corporation

Horizon (GB)

Horizon Films (AU)

Duration

01:02:00:00

Production places
United Kingdom
Production dates
1976

Collection metadata

ACMI Identifier

324441

Language

English

Subject categories

Agriculture, Business, Commerce & Industry → Corporations - Finance

Agriculture, Business, Commerce & Industry → Corporations, American

Crime, Espionage, Justice, Police & Prisons → Computer crimes

Crime, Espionage, Justice, Police & Prisons → Crime

Crime, Espionage, Justice, Police & Prisons → Embezzlement

Crime, Espionage, Justice, Police & Prisons → Fraud

Crime, Espionage, Justice, Police & Prisons → White collar crimes

Documentary

Documentary → Documentary films - Great Britain

Economics, Philosophy, Politics, Religion & Sociology → Financial institutions

Short films

Short films → Short films - Great Britain

Sound/audio

Sound

Colour

Colour

Holdings

VHS; Access Print (Section 1)

16mm film; Access Print (Section 1)

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If you would like to cite this item, please use the following template: {{cite web |url=https://acmi.net.au/works/80432--billion-dollar-bubble-the-true-story-of-the-biggest-fraud-of-all-time-tefc/ |title=Billion dollar bubble: the true story of the biggest fraud of all time (TEFC) |author=Australian Centre for the Moving Image |access-date=30 November 2021 |publisher=Australian Centre for the Moving Image}}