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Hot Money: The New Narcos — Business
Hot Money: The New Narcos

Hot Money is back. In this series, Financial Times reporter Miles Johnson investigates a mysterious murder in a small town that leads to a web of drugs, money laundering and state-sponsored assassinations stretching from Dublin to Dubai. At the centre is a cocaine super cartel that is revolutionising the global drugs market. This eight-part investigative podcast, published twice-weekly, probes the links between criminals and legitimate businesses, and between governments and gangsters.

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Latest Episodes:

FT long read: The Fugitive Prince Jan 21, 2025

To those who believe his story, Paul is the crown prince of Romania, a direct descendant of Queen Victoria of the United Kingdom and Tsar Alexander II of Russia. To those who don’t, he’s Paul Lambrino: a fantasist claiming heirship to a non-existent throne. This is the story of Paul’s fight to win a $1bn inheritance. It features private spy agencies, missing Caravaggios, and a billionaire with an eye for a deal.

This piece, written by the FT’s Miles Johnson, is the first in our series, ‘The Great Escape’, featuring our most carefully crafted and deeply engrossing tales. It was originally printed in FT Weekend.

To read more stories like this and to save 40% on a standard digital subscription to the Financial Times, go to: ft.com/princeoffer.

Contributors: Miles Johnson, Mischa Frankl-Duval, Breen Turner, Laura Clarke, Cheryl Brumley, Matt Vella

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Introducing Against the Rules: Fans Sep 24, 2024

Introducing Against the Rules: Fans, a new season from journalist and bestselling author Michael Lewis. Michael Lewis bets high and low to find out how Americans, and their state governments, got addicted to a new form of legalized gambling. This season, we’ll meet bookies, lobbyists, lawyers and professional sharps. All in their own ways trying to figure out why fans might hitch their life savings to their favorite team’s performance.
Listen to the series wherever you get your podcasts.

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Episode 8 - The Red Notebook Dec 26, 2023

Law enforcement cuts off the Kinahan cartel, and a little red notebook in the back of a car might finally reveal who killed the electrician in Almere.

For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.

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Episode 7 - Against the Ropes Dec 21, 2023

Daniel Kinahan is more influential than ever, but law enforcement may finally be catching up.

For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.

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Episode 6 - Ties with Tehran Dec 19, 2023

An undercover operation in New York reveals a connection with Tehran.

For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.

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Episode 5 - Nerds vs Narcos Dec 14, 2023

Back in the Netherlands, the high-tech unit of the Dutch police works to crack the murder case.

For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.

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Episode 4 - Gangster's Paradise Dec 12, 2023

No longer safe in Europe, the cartel bosses move to a city that is attracting criminals from around the globe.

For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.

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Episode 3 - Sun, Guns & Sangria Dec 07, 2023

International law enforcement is after the Kinahan cartel, revealing just how big the operation has grown.

For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.

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Episode 2 - Cocaine CEO Dec 05, 2023

An enterprising Dublin drug dealer makes the most of a revolution sweeping across Europe’s criminal economy.

For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.

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Episode 1 - Murder Brokers Dec 05, 2023

When a Dutch crime reporter makes an unbelievable discovery, a small-town murder case begins to look like an international assassination plot.

For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.

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Introducing Hot Money: The New Narcos Nov 21, 2023

Hot Money is back with a new season that begins with a mysterious murder in a small town and leads to a cocaine super cartel and a secret proxy war between democracies and dictatorships.

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Episode 8: Inside Porn's Star Chamber Jul 19, 2022

In the season finale, Alex and Patricia discover how Visa and MasterCard became the reluctant rulers of porn. And they figure out what being ruled by credit card companies means for the porn industry today.

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Episode 7: Porn Meets OnlyFans Jul 12, 2022

Alex and Patricia track down the family behind OnlyFans, the site that has transformed online porn by shifting power back to performers. But there is a whole other side to the OnlyFans story.

If you’d like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm.

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Episode 6: Knocking on the Door of a Porn Empire Jul 05, 2022

One of the biggest porn companies in the world was forced to radically change its practices. But another porn giant changed almost nothing.

Patricia travels to the company's Prague headquarters to understand why.

If you’d like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm.

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Episode 5: The Billionaire Who Took Down Porn Jun 28, 2022

A billionaire hedge fund manager reads a scathing column about a popular porn site. Hesends an angry text to the CEO of MasterCard. Almost overnight, the biggest porn company in the world changes dramatically.

If you’d like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm.

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Episode 4: Playboy vs. Rusty and Edie Jun 21, 2022

How is it legal for porn sites to host millions of videos uploaded by users? The answer is in the story of an Ohio family in the early 1990s.

In this episode: a family IT business, an FBI raid and a court case that set the precedent for porn – and for tech giants like Facebook and Twitter.

If you’d like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm.

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Episode 3: Mr. Goldman, Mr. Sex Jun 14, 2022

When Fabian Thylmann ran into trouble with the law, a former Goldman Sachs banker swooped in to buy his porn sites. But nobody knew who he was. He managed to keep his identity a secret for years --- until Patricia rumbled his game.

If you’d like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm.

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Episode 2: The Darth Vader of Porn Jun 07, 2022

A decade ago, a computer programmer named Fabian Thylmann began to build one of the biggest porn empires in the world.

How did Fabian do it? He was good with money in a business that was starved of finance. He convinced Wall Street to bankroll his vision to take control of the industry.

If you’d like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm.

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Episode 1: Porn Meets the Internet Jun 06, 2022

Stoya is a porn star who saw first-hand how a firehose of free porn online transformed the adult industry.

She sends hosts Alex Barker and Patricia Nilsson a quest: Find out who is in charge, and get to the bottom of how the business of porn really works.

If you’d like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm.

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Hot Money: Who Rules Porn? May 25, 2022

When Financial Times reporter Patricia Nilsson started digging into the porn industry, she made a shocking discovery: Nobody knew who controlled the biggest porn company in the world. Now, Nilsson and her editor, Alex Barker, have figured out who the guy was, and much more. Their reporting reveals a shadowy power structure that includes billionaires, tech geniuses and the most powerful finance companies in the world. Coming June 7th.

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