Did the FBI Bust or Botch a Massive Chicago Stock Scam?

On this episode of ‘Dirty Money,’ we find out how the sausage was made in a legendary Chicago trading scandal.

By Dan Bova May 31, 2023
Joseph Sohm | Shutterstock

In the 1980s, Chicago’s trading floor was packed with loud-mouth tough guys, mountains of cocaine and a whole lot of money. Those ingredients added up to one of the biggest — and most expensive — undercover FBI investigations in history. Whether or not it was a successful operation is open to debate.

On this episode of Dirty Money hosts Dan Bova and Jon Small welcome guest Anjay Nagpal, who investigated the federal investigation on his hit true-crime podcast Brokers, Bagmen & Moles. During the talk, Nagpal shares insights into how the Chicago sausage was made when it comes to financial crime and gives a peek behind the curtain of what it is like to interview people who may or may not have killed for fun and profit.

Did the Feds take down a massive criminal empire, or was it all just a waste of taxpayers’ money? Did Nagpal tell Dan and Jon the ending of his multi-part podcast series? Only one way to find out — listen!

Subscribe to Dirty Money on Apple | Spotify | Stitcher | Google Play

About Dirty Money

Dirty Money is a new podcast series from Entrepreneur Media telling the tales of legendary scammers, con artists, and barely-legal lowlifes who stop at nothing to bilk their marks of millions. Hosted by Entrepreneur editors Dan Bova and Jon Small, the podcast takes a deep dive into the deviants behind the deeds.

Related: The Very Crazy Story of Crazy Eddie, the Electronics and Scamming Giant

In the 1980s, Chicago’s trading floor was packed with loud-mouth tough guys, mountains of cocaine and a whole lot of money. Those ingredients added up to one of the biggest — and most expensive — undercover FBI investigations in history. Whether or not it was a successful operation is open to debate.

On this episode of Dirty Money hosts Dan Bova and Jon Small welcome guest Anjay Nagpal, who investigated the federal investigation on his hit true-crime podcast Brokers, Bagmen & Moles. During the talk, Nagpal shares insights into how the Chicago sausage was made when it comes to financial crime and gives a peek behind the curtain of what it is like to interview people who may or may not have killed for fun and profit.

Did the Feds take down a massive criminal empire, or was it all just a waste of taxpayers’ money? Did Nagpal tell Dan and Jon the ending of his multi-part podcast series? Only one way to find out — listen!

Subscribe to Dirty Money on Apple | Spotify | Stitcher | Google Play

About Dirty Money

Dirty Money is a new podcast series from Entrepreneur Media telling the tales of legendary scammers, con artists, and barely-legal lowlifes who stop at nothing to bilk their marks of millions. Hosted by Entrepreneur editors Dan Bova and Jon Small, the podcast takes a deep dive into the deviants behind the deeds.

Related: The Very Crazy Story of Crazy Eddie, the Electronics and Scamming Giant

The rest of this article is locked.

Join Entrepreneur+ today for access.

Subscribe Now

Already have an account? Sign In

Dan Bova

VP of Special Projects at Entrepreneur.com
Entrepreneur Staff
Dan Bova is the VP of Special Projects at Entrepreneur.com and host of the How Success Happens podcast. He previously worked at Jimmy Kimmel Live, Maxim, and Spy magazine. His latest books for kids include This Day in History, Car and Driver's Trivia Zone, Road & Track Crew's Big & Fast Cars, The Big Little...

Related Content