Overview
Today's episode starts with a clip from the trailer for 2009 comedy/drama “The Informant!,” directed by Steven Soderbergh and starring Matt Damon, Scott Bakula, Joel McHale, and Melanie Lynskey. It’s a wild based-on-a-true-story film about Mark Whitacre. In the early-1990s, Whitacre was the corporate vice president and President of the BioProducts Division of the agro-business giant Archer Daniels Midland. Whitacre would go on to become an informant in the FBI investigation into a conspiracy to price-fix lysine, an essential amino acid. At the same time he was informing on his employer to the FBI, Whitacre was embezzling $9 million from ADM in a kickbacks and money laundering scheme.
It all came to an end a few years later when ADM settled federal charges for more than $100 million and paid hundreds of millions of dollars more to plaintiffs and customers to settle class-action lawsuits. In 1998, Whitacre pled guilty to tax evasion and fraud and was sentenced to nine years in prison.
But what marked the end of this tumultuous period in Mark Whitacre’s life also marked the beginning of his journey to his Christian faith, redemption, and a series of second chances.
Today, Eric Kohn talks with Mark Whitacre about his time as a corporate executive, his time as an FBI informant, his time in federal prison, and how all of this brought him to his Christian faith that he now integrates into his corporate work.
