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Jun 7, 2006 · The article explores the mysterious fate of Mike de Guzman, the man who led the Bre-X Minerals fraud that cost investors $6 billion. It questions the official version of his suicide and suggests he may still be alive and hiding.
The fraud began to unravel rapidly beginning on March 19, 1997, when Bre-X geologist Michael de Guzman reportedly died of suicide by jumping from a helicopter in Indonesia. [11] [12] A body was found four days later in the jungle, missing the hands and feet, "surgically removed". [13]
On the morning of 19 March 1997, Michael de Guzman, chief geologist at Canadian mining company Bre-X Minerals, boarded a helicopter flight to travel to a remote jungle site in Indonesia.
Jan 26, 2017 · While Edgar Ramírez's character, Michael Acosta, seems to be primarily based on Filipino geologist Michael de Guzman, the character is actually a composite of two individuals, Michael de Guzman and John Felderhof (pictured below).
Jul 13, 2023 · We examine the enabling forces around the scandal and analyze Michael De Guzman's specific cover-up strategy. Participants include Bre-X management, investors, the Indonesian Government, Freeport-McMoRan, Busang villagers and the Ontario Securities Commission.
Bre-X Minerals regretted to report the death of Michael de Guzman in a fall from a helicopter. Some analysts speculated that he probably fell out of the helicopter as it was hopping around site where geologists often get lax with safety protocols.
Feb 20, 2019 · In 1993 Walsh bought land in the Philippines on the advice of geologist John Felderhof (pictured). In 1995 Michael de Guzman, who oversaw the project, announced he had discovered gold in the area.
