The Man Who Stole $18,000,000 | The Banker, The Escorts and the $18million | Documentary Central 

As a Brit resident in England I'd never heard of this man. Excellent documentary and the actor who played Versalko was fantastic. Thanks for posting.

I could never live this way - the anxiety would kill me before investors ever got a chance to! 😮

Bernie Madoff got a 150-year sentence in the USA & died in prison, yet Stephen Versalko is out in 4yrs in NZ- work that one out !!!

The Escort said “why did he lie”? When she was lying to her closest friends and family as well..are you kidding me

I'm glad to hear that ASB bank made good to the people who had money invested

How did two priests come up with NZ$1M between themselves to invest?

Very good documentary. Finally, someone decided to hire a group of superb actors.

I think certain professions attract sociopaths.

When people get out of prison they change their names and go again 😂that’s all they ever do

The actor playing Versalko is very good.

Thanks for sharing, D.C..💖

All I keep thinking is, "What a stressful way to make money. Why would anyone ever choose that?"

I think Cameron Rhodes portrayed Versalko brilliantly.

A really well done documentary.

$3.4 million escorts, how did he have time for anything else?

So he stole 18M, got 6 yrs, hmmm and they say crime dont pay!

This guy lived like a politician 🤷🏻‍♂️

Really enjoying watching this, supposed to mowing the lawn but what the hell!!😂

Well researched and presented, had not heard anything previous about this, but they always seem to be odd balls.

I don't get how he spent millions on escorts lol He didn't need to spend anything close to that on escorts., even expensive ones.

The biggest question I have is where did a priest get 1 million dollars from.

That was very well presented! Thank you!🌟🌟🌟 Only 6 years???😳😳😳 He should have been forced to serve many more years for this offence!😔😔😔

The problem is that they were victims of their own greed. Investing is a very bullish business. That's how we lost half our homes in America during 2008-2009 by aggressively trading and using their homes as collateral. The banks were bailed out and homeowners lost their shirts.

Narcissistic ego-maniac on a power trip. Sex, money and greed. What a self feeding loop. Good documentary. I hope all of those scammed were reimbursed by the bank. Banks need to run credit checks, annually, on their agents and list those who are compliant and strike-off those who are not.

Wow those people were so lucky to get their money back!!

That woman made almost $800K from this guy and she's broke? Talk about poor money management skills. wtf?

10 / 10 , as usual - Magic✌️

I feel bad for those who lost their savings. How could anyone do what this guy did. Some people have no shame and or morels. Thanks for sharing.

The amount of ads on this is video is insane

OMG that New Zealand accent

Lots of the crimes get no light.

What’s so fascinating is how these con artists can convince themselves the con can go on and on with no end. The party eventually ends regardless of who the person is. 🤷🏼‍♂️🤦🏽‍♂️🤪

Nice one may subscribe after this

actually he was correct about the guarantee..lmao. He got 6 years??? Scammers paradise.

I asked a Swiss private banker why, if they are so good, don’t they offer guaranteed returns. He replied that the randomness in the market made that impossible. Sometimes, all the financials are improving but the share price is still tanking.

What is the name of the woman whose leg was found on the beach in Australia.

Holy shit.

I wonder if his wife stayed with him after that, or if they divorced?

The escorts benefited big time 😂

A word to the wise. Watch out for easy promises and friendly faces. A professional financial planner or advisor will always tell you to take your time and will provide all of the information up front regarding risk. Why do people keep falling for this stuff? Depend less on the personality and more on the track record and do your homework too. The best will tell you the same.

The comment "robbing Peter to pay Paul" applies here". I feel bad for all the people, and their families, that were swindled. Also his wife and children.

ASB = Auckland Savings Bank

6 years imprisonment is not long enough . There should have been a zero on the end of the 6. Or maybe a one way trip to the vet.

There’s always more

Minimum 4 years! Makes LA look tough on crime

How do you spend 4.8 mil on working women? I don't know the going rate but seems pricey.

DSK Ohhhhhhhhhhhhhhhhhhh

Hmmmmm. A very charismatic and well spoken person who comes off credible offers dream like investments. People that have a bit more money than socioeconomically middle class seem to be more apt to believe the "wonderful" investment vehicles Steven was offering. I can't help but feel that his victims fell prey to their own greed and naivete. I guess I'm textbook victim blaming but I can't help but think, were they that shocked when they found out they were bilked out of their investments? Rolling it over year after year and it's always good news?

The people who invested with Madoff were greedy people that’s how he conned them playing on there greed

Six years was a disgrace. 26 years more like. No parole. 😢😢😢😢

The two priest one million each they were at the same house it's church's money

Versalko - a name of Croatian origin.

Is only money 🤣🤣🤣

2.5 on a escort 😂

What havr the escorts got to do with it??? Nothing surely!!

It was 7% not 10%…..calling the investors greedy is shameful

They invested their money under his name as an employee of the ASB, thats how. The prostitue did not, it was merely transactional in cash. One did get paid by the ASB if you watch the doc to the end.

TBFI Oh tut tut. 😅😅😅😅

what were your hopes for that fuking background noise

Yay I'm third, settling down to bed to watch this

Lies lies

Seeesssshhh

The title had me convinced this was going to be a video about Joe Biden.

You spelt conservative MP wrong.

Boring!

It is amusing how the ASB Bank honor the promises and deals he did with their customers but not the prostitutes. How dose that work morally or legally ??

Veselko = ukro surname, beware

Versalko got off very easy IMO. Our own con artist, Melissa Caddick, disappeared leaving nothing but a decomposing foot in a running shoe. The coroner pronounced her dead but was unable to speculate on how she died. Police are also unable to determine how she seems to have evaded CCTV footage despite leaving home on foot in a heavily populated suburb in Sydney. The jig was up - the feds had raided her home - but If it was suicide, it was a doozy. Jumping from the cliffs is hardly novel, but relying on a shark to neatly sever a foot while devouring the rest of the body is sheer criminal genius ;) en.wikipedia.org/wiki/Melissa_Caddick