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November 14, 2025 3 mins
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A major corruption scandal has erupted in Ukraine as Timur Mendech, a close associate of President Zelensky, reportedly flees the country ahead of a security raid. The $100 million case highlights a deeper problem: the enormous financial grifts that often accompany war, from contract fraud to embezzlement, with little oversight. Drawing parallels to Afghanistan, Iraq, and Vietnam, this segment exposes how the “military grift complex” thrives, while the public looks the other way. A hard-hitting look at money, power, and corruption behind global conflicts.
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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
So we get another story here, another corruption scandal, the Ukraine.
One hundred million dollar corruption scandal rocks Ukraine.

Speaker 3 (00:26):
A close buddy, close buddy of Zelensky has fleed the country.
Somebody tipped him off he was getting a raid. Security
forces raided the apartment of t Moore Mindich, a businessman
associated with Zelenski. He had already left the country just

(00:51):
hours before. They think he went to Israel coming back.

Speaker 4 (00:58):
Now.

Speaker 3 (01:00):
The only the only person that's ever been extradited from
Israel I think was Hymen Roth and Godfather too. And
actually that almost made Godfather Too like a sci fi
movie because they don't extradite anybody. You gotta you've got
a better chance of.

Speaker 5 (01:15):
Actually seeing Darth Vader than having anybody being extra guided
from there.

Speaker 4 (01:20):
Anyway, anyway, I'll leave it at that before I get
shot at And anyway, Yeah, why do I bring this up?
One hundred million dollars here a hundred million dollars there.
So Lenski scandal, get everybody up in arms. People, war
is one of the largest griffs of all time. Okay, uh,

(01:46):
take a look, take a little while I talked about
is some of the latest documentaries the money that was
stolen from Afghanistan, the griffs that were taking place. Will
we covered to here the show a couple of months ago.

Speaker 5 (02:01):
Oh yeah, it was stuffing, stuffing, electronic equipment full of cash,
all sorts of contract fraud. I mean they had movies
with the movie war Dogs, all of the contract for it,
everything that goes along with it's that's that's war man.
Because once you start one, just keep centner money, just

(02:24):
keeps fight of. There's no oversight. You get all of
these people that that see it and they look to
take advantage of it because the money is there and
they just don't care.

Speaker 4 (02:37):
This is nothing new.

Speaker 5 (02:40):
It happened in Vietnam, it happened in Afghanis happened in
Iraq the first time happened.

Speaker 4 (02:46):
I mean, who are we trying to kid here?

Speaker 3 (02:50):
Yeah, the reason why they call it the you call
it the military industrial complex. He got the military grift
complex as well, and everyone just looks the other way.
Watch dog on wallstreet dot Com
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