The Man Who Stole $18,000,000 | The Banker, The Escorts and the $18million

The Man Who Stole $18,000,000 | The Banker, The Escorts and the $18million | Documentary Central

Рет қаралды 102,741

2 жыл бұрын

The Banker, The Escorts and The $18 Million tells the story of New Zealand’s biggest ever single employee fraudster, Stephen Versalko - the man who defrauded a high profile bank and his clients for almost a decade.
Subscribe to Watch More Documentaries 👉 bit.ly/SubToDocumentaries
#Documentary #Channel #Facts

Пікірлер: 113

@jonathang8263 2 жыл бұрын

As a Brit resident in England I'd never heard of this man. Excellent documentary and the actor who played Versalko was fantastic. Thanks for posting.

@eua3762 4 ай бұрын

Bruv what is a brit in England. Just say where you're from in UK and leave it at that. This is why yanks call all of us brits.

@PWING1000 22 күн бұрын

Well duh he’s an Aussie

@thedappercook 14 күн бұрын

@@PWING1000nope he's a Kiwi (new zealander)

@thedappercook 14 күн бұрын

He's a New Zealander

@alisong2328 Ай бұрын

I could never live this way - the anxiety would kill me before investors ever got a chance to! 😮

@angelinasouren Ай бұрын

It looks like his anxiety over his initial debts was greater. He's extremely confident - with some reason, too - but most importantly, he knows how to keep people happy and make them feel seen, heard and looked after. That boosts his confidence. (It's gotta be so exhausting to do that.)

@ConsciousFilms3 23 күн бұрын

My stomach is in knots just watching this!

@raymondpicardjr3069 2 ай бұрын

The Escort said “why did he lie”? When she was lying to her closest friends and family as well..are you kidding me

@rixward5475 Ай бұрын

Bernie Madoff got a 150-year sentence in the USA & died in prison, yet Stephen Versalko is out in 4yrs in NZ- work that one out !!!

@damarysdingui 2 жыл бұрын

Thanks for sharing, D.C..💖

@CountBasie56 6 күн бұрын

I think Cameron Rhodes portrayed Versalko brilliantly.

@aikotoba99 19 күн бұрын

I'm glad to hear that ASB bank made good to the people who had money invested

@ChrisCoombes 27 күн бұрын

The actor playing Versalko is very good.

@wecreatezone8940 8 ай бұрын

A really well done documentary.

@brianevans2819 5 ай бұрын

Well researched and presented, had not heard anything previous about this, but they always seem to be odd balls.

@brianevans2819 5 ай бұрын

$3.4 million escorts, how did he have time for anything else?

@StupidPrizesPosterChild 5 ай бұрын

My question as well 😂😂😂

@andrewphillips470 Ай бұрын

He didn’t spend that,he’s hiding it for later

@brianevans2819 Ай бұрын

@@andrewphillips470 there is no later for him, from there he is going straight to hell.

@Mark-gg6iy 6 күн бұрын

As the last hooker said in the end (no pun) he was spending only 15 minutes with her. You are conflating services rendered with time spent.

@vertigo2894 23 күн бұрын

I don't get how he spent millions on escorts lol He didn't need to spend anything close to that on escorts., even expensive ones.

@anthonydowling3356 10 күн бұрын

He was robbed by escorts .lol.

@vertigo2894 10 күн бұрын

@@anthonydowling3356 Millions? Even billionaires don't spend that kind of money on escorts. Man if you have millions of dollars you can hook up frequently with virgins and it wouldn't cost you that much lol!

@MOV1983 Күн бұрын

Very good documentary. Finally, someone decided to hire a group of superb actors.

@catman8670 2 жыл бұрын

This guy lived like a politician 🤷🏻‍♂️

@jeffcampbell2710 2 жыл бұрын

If he was a Democrat, he'd never be prosecuted.

@anthonydowling3356 10 күн бұрын

or a Priest .The 2 priests invested a million .

@RayginHardon 2 жыл бұрын

Nice one may subscribe after this

@thetrainwreck1469 2 жыл бұрын

The problem is that they were victims of their own greed. Investing is a very bullish business. That's how we lost half our homes in America during 2008-2009 by aggressively trading and using their homes as collateral. The banks were bailed out and homeowners lost their shirts.

@deeree1037 2 жыл бұрын

I thought it was because of collataralized debt obligations, mortgage traunches being full of B rated loans, and median home prices being inflated from pieces of shit like myself slinging refi’s and wrap around ARMs. But hey what do I know? I just lived & worked it. 🤷🏼‍♂️😂

@coryontheroad5459 2 жыл бұрын

Folks word is shit today .Banks gave folks loans for homes then values dropped on there homes so they stuck the banks and walked away

@coryontheroad5459 2 жыл бұрын

Homeowners walked away on there mortgage and stuck banks with debt, people did it to there selfs.now rents high and they can't get homeloans

@jeffcampbell2710 2 жыл бұрын

It was all by design

@aleonflux1138 4 ай бұрын

I'd argue that they were victims of someone else's greed, not their own. Pre-GFC investors were sold products whose risk was misrepresented (or were non-existent in Versalko's case), and sub-prime borrowers were set up to fail. All of this was done by greedy bankers.

@med6399 22 күн бұрын

That was very well presented! Thank you!🌟🌟🌟 Only 6 years???😳😳😳 He should have been forced to serve many more years for this offence!😔😔😔

@anthonymaughan6103 2 жыл бұрын

10 / 10 , as usual - Magic✌️

@einseitig3391 25 күн бұрын

Narcissistic ego-maniac on a power trip. Sex, money and greed. What a self feeding loop. Good documentary. I hope all of those scammed were reimbursed by the bank. Banks need to run credit checks, annually, on their agents and list those who are compliant and strike-off those who are not.

@JosedeJezeus 25 күн бұрын

The embodiment of everything wrong with humanity: an addict

@Akenaten1 2 жыл бұрын

Wow those people were so lucky to get their money back!!

@mikegradidge1200 2 ай бұрын

Really enjoying watching this, supposed to mowing the lawn but what the hell!!😂

@Mark-gg6iy 6 күн бұрын

How did two priests come up with NZ$1M between themselves to invest?

@thedappercook 14 күн бұрын

OMG that New Zealand accent

@Kathy-kr1sv 9 күн бұрын

Obviously an occa ozzie

@thedappercook 9 күн бұрын

@@Kathy-kr1sv lol

@jagchahal1393 Ай бұрын

Lots of the crimes get no light.

@atxchaser Ай бұрын

As wacky as it sounds, corporate crimes which are rarely prosecuted kill more than street level crimes..

@jamesdean1143 Ай бұрын

I asked a Swiss private banker why, if they are so good, don’t they offer guaranteed returns. He replied that the randomness in the market made that impossible. Sometimes, all the financials are improving but the share price is still tanking.

@1a1108 2 жыл бұрын

Holy shit.

@kellywalker4494 2 күн бұрын

The biggest question I have is where did a priest get 1 million dollars from.

@islandhopper100 Ай бұрын

actually he was correct about the guarantee..lmao. He got 6 years??? Scammers paradise.

@noran5036 Жыл бұрын

The amount of ads on this is video is insane

@anthonydowling3356 10 күн бұрын

Get YT premium .No adds .

@johng4093 7 күн бұрын

Premium is really worth it, if you watch YT very much.

@peterbradshaw8018 9 ай бұрын

What is the name of the woman whose leg was found on the beach in Australia.

@wheressteve 7 ай бұрын

Sheila

@brianevans2819 5 ай бұрын

@@wheresstevebrilliant, made me laugh anyway Ty.

@brianevans2819 5 ай бұрын

Melissa Caddick.

@CLOCKCHASER2222 3 күн бұрын

Mary

@keishrich Ай бұрын

The escorts benefited big time 😂

@Sir_Winston_Smith 13 күн бұрын

They are whores not escorts.

@Mikenificent888 Жыл бұрын

There’s always more

@lisamcdonald9792 Жыл бұрын

The comment "robbing Peter to pay Paul" applies here". I feel bad for all the people, and their families, that were swindled. Also his wife and children.

@aikotoba99 20 күн бұрын

A word to the wise. Watch out for easy promises and friendly faces. A professional financial planner or advisor will always tell you to take your time and will provide all of the information up front regarding risk. Why do people keep falling for this stuff? Depend less on the personality and more on the track record and do your homework too. The best will tell you the same.

@jeff0247598 6 ай бұрын

Hmmmmm. A very charismatic and well spoken person who comes off credible offers dream like investments. People that have a bit more money than socioeconomically middle class seem to be more apt to believe the "wonderful" investment vehicles Steven was offering. I can't help but feel that his victims fell prey to their own greed and naivete. I guess I'm textbook victim blaming but I can't help but think, were they that shocked when they found out they were bilked out of their investments? Rolling it over year after year and it's always good news?

@ianmuir3640 Ай бұрын

The people who invested with Madoff were greedy people that’s how he conned them playing on there greed

@johnaboardviolet237 5 күн бұрын

6 years imprisonment is not long enough . There should have been a zero on the end of the 6. Or maybe a one way trip to the vet.

@Vladimirkazanova 2 жыл бұрын

DSK Ohhhhhhhhhhhhhhhhhhh

@christiansfortruth5953 Ай бұрын

Six years was a disgrace. 26 years more like. No parole. 😢😢😢😢

@jamesdean1143 Ай бұрын

ASB = Auckland Savings Bank

@joli395 5 ай бұрын

I wonder if his wife stayed with him after that, or if they divorced?

@DavdMar 20 күн бұрын

Minimum 4 years! Makes LA look tough on crime

@atxchaser Ай бұрын

How do you spend 4.8 mil on working women? I don't know the going rate but seems pricey.

@aidenbeddall8638 2 жыл бұрын

Yay I'm third, settling down to bed to watch this

@joeroganreviewexperience9964 2 жыл бұрын

Where its only 6pm

@DocoCentral 2 жыл бұрын

Now that sound's like its going to be a nice night!

@aidenbeddall8638 2 жыл бұрын

@@joeroganreviewexperience9964 Shropshire England

@bobinabuddy 11 күн бұрын

It was 7% not 10%…..calling the investors greedy is shameful

@anthonydowling3356 10 күн бұрын

I heard 8% .Investors were greedy as F.

@Mark-gg6iy 6 күн бұрын

@@anthonydowling3356 Google: What is the average return on US bonds historically? The historical returns for stocks is between 8% - 10% since 1926. The historical returns for bonds is between 4% - 6% since 1926.

@thedappercook 14 күн бұрын

They invested their money under his name as an employee of the ASB, thats how. The prostitue did not, it was merely transactional in cash. One did get paid by the ASB if you watch the doc to the end.

@jamesdean1143 Ай бұрын

Versalko - a name of Croatian origin.

@tommyaction5489 2 жыл бұрын

Is only money 🤣🤣🤣

@escapefelicity2913 12 күн бұрын

what were your hopes for that fuking background noise

@jimbanda 2 жыл бұрын

What havr the escorts got to do with it??? Nothing surely!!

@JosedeJezeus 25 күн бұрын

He was trying to impress the sex workers. His sex addiction was one of the reasons he stole the money.

@jimbanda 25 күн бұрын

Wow.... that's a lot of escorting 😅@@JosedeJezeus

@jimbanda 25 күн бұрын

@@JosedeJezeus What a whacko!! 👍

@orlandoguilbaud4466 Ай бұрын

2.5 on a escort 😂

@christiansfortruth5953 Ай бұрын

TBFI Oh tut tut. 😅😅😅😅

@marktweet7395 4 ай бұрын

Lies lies

@dairy1994 Жыл бұрын

Seeesssshhh

@TBFI_Botswana 8 ай бұрын

You spelt conservative MP wrong.

@stevetaxpayer6664 4 күн бұрын

The title had me convinced this was going to be a video about Joe Biden.

@guitarsoundsaround 7 ай бұрын

Boring!

@simonkrebs6043 2 ай бұрын

It is amusing how the ASB Bank honor the promises and deals he did with their customers but not the prostitutes. How dose that work morally or legally ??

@DavdMar 20 күн бұрын

Because the people were putting something into the ASB and someone was putting something else into the prostitutes that's why

@arthurwatts1680 5 күн бұрын

Versalko got off very easy IMO. Our own con artist, Melissa Caddick, disappeared leaving nothing but a decomposing foot in a running shoe. The coroner pronounced her dead but was unable to speculate on how she died. Police are also unable to determine how she seems to have evaded CCTV footage despite leaving home on foot in a heavily populated suburb in Sydney. The jig was up - the feds had raided her home - but If it was suicide, it was a doozy. Jumping from the cliffs is hardly novel, but relying on a shark to neatly sever a foot while devouring the rest of the body is sheer criminal genius ;) en.wikipedia.org/wiki/Melissa_Caddick