About this episode
In this episode, we explore the rise and fall of Bernard Kornfeld, an American salesman who built one of the largest mutual fund empires by promising ordinary people a share of global wealth. We examine how his company, Investors Overseas Services (IOS), grew rapidly through aggressive sales tactics and high fees, eventually collapsing under the weight of its own unsustainable structure and Kornfeld's unwavering confidence.Chapters00:00 Introduction to Bernard Kornfeld01:48 The Birth of IOS04:18 Signs of Collapse06:22 Robert Vesco and the End
