Saudi Banking Scandal Movie ‘Billion Dollar Mirage’ Moving Forward At Name Lending Films

  • Deadline
Exclusive: Newly formed production company Name Lending Films has set its inaugural project, Billion Dollar Mirage, with secured funding from aX Films and other private equity. The feature adaptation is based on the yet-to-be-released autobiography, Never Do Business With Princes or Kings, by American banker Glenn Stewart. Set in Saudi Arabia and Bahrain, the film centers on one of the largest financial scandals in history.

T.Y. Kim is attached to pen the screenplay, which will be produced by Jason Wulfsohn, Johnny Martin, and aX Films.

Stewart’s story made headlines. The Oxford-educated young American moved to Saudi Arabia and landed a job with a prominent Saudi family. There Stewart worked with them to create a vast banking empire, which successfully cash-flowed over $330 billion dollars from more than 100 banks worldwide. As the global credit meltdown destabilized the world economy, billions of dollars of debt were quickly exposed as fraudulent
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