Episode 4: Backbearings | FT Podcasts

On the bottom in Austria and Germany, Sam digs deep into Marsalek’s previous. His odd habits. His unusual home. The hypnotic impact he had on former colleagues. And how he’s remembered by childhood buddies.

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Hot Money, the award-winning podcast collection from the Financial Times and Pushkin Industries, is again with a 3rd season.

In 2020, the Financial Times uncovered a €2bn fraud at Wirecard, a high-flying German fintech. Many thought that was the tip of the story.

But for FT reporter Sam Jones, it was just the start. This season on Hot Money: Agent of Chaos, Sam investigates Wirecard’s chief working officer who vanished simply as Wirecard collapsed — and who turned out to even be a Russian spy.

From an Ibizan sting operation to an tried takeover of the Austrian intelligence service, his reporting spirals right into a world of warlords, espionage and disinformation.

All in an try to reply two questions: who’s the actual Jan Marsalek? And what does his secret life reveal in regards to the highly effective forces he serves?

New episodes of the eight-part season will drop each Tuesday.

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