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May 19, 2024 · 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.
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]
For more than eight years, that was all we knew about the mysterious death of Michael de Guzman. Lots of theories, deep doubts, and nothing more. But a couple of weeks ago, the ghost of Bre-X reappeared.
Jul 25, 2021 · Michael de Guzman,a Filipino geologist, was struggling to get recognition from his employer. So, he devised a plan to get rich. He would convince the world that he had found gold in Borneo....
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.
The question remains to this day, what really happened to geologist Michael de Guzman, who reportedly fell from a helicopter on his way to Bre-X’s Busang gold property. By the end of this article, you will finally know the answer.
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).
