The AFR launches true crime podcast, The Sure Thing
A podcast exploring “Australia’s biggest insider trading heist” will be released via Nine’s The Australian Financial Review.
The Sure Thing explores how $10,000 of seed money was turned into $7.8 million in just nine months.
The AFR said the podcast delves into temptation, greed, betrayal and a dream of creating Australia’s Wolf of Wall Street,
The series is hosted by two-time Walkley Award winner, Angus Grigg, who is The AFR’s investigative reporter.
The six-part podcast is sponsored by McGrath Nicol.
“When university friends Christopher Hill and Lukas Kamay caught up during a ‘two-day piss-up’ in 2013, they hatched a near perfect plan to commit under-the-radar insider trading, agreeing to work towards the relatively modest profit of $200,000.
“Hill, who worked at the Australian Bureau of Statistics at the time, agreed to give unpublished data to NAB foreign exchange broker Lukas Kamay, who used the inside information to trade the Australian dollar,” publicity for the podcast said.
“But greed, an insatiable appetite for life’s more glamorous elements, and betrayal, would mark this endeavour from the very beginning. Kamay would eventually make $7.8 million, while Hill – unaware his friend was secretly squirrelling millions – made just $20,000.”
The podcast tracks the plan’s inception, the police chase, the pair’s eventual arrest and the brutality and violence of life in jail.
“It contemplates the culture of risk taking by young men, the worshipping of money on trading floors and if a second chance is possible for white collar criminals,” The AFR’s owner, Nine, said.
Grigg added: “Thanks to the honesty of Chris Hill, along with the AFP and ASIC officers the audience is taken inside a criminal conspiracy, police chase and life on the inside.”