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bre-x minerals ltd.

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Financial Dictionary

Bre-X Minerals Ltd.

A company involved in one of the largest stock swindles in history. Its Indonesian gold property, which reportedly contained over 200 million ounces, was proven fraudulent in May of 1997.

Investopedia Commentary

At its peak, Bre-X had a market capitalization of US$4.4 billion.

Related Links

The Biggest Stock Scams Of All Time
Investment Scams Tutorial

See also: Fool's Gold, Leprechaun Leader, Mr Copper, Ponzi Scheme, Prime Bank, Salad Oil Scandal, ZZZZ Best

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