WHAT READERS SAY
'Fantastically compelling read - pacy and jaw-dropping. What a Story!'
Alec Morgan, Filmmaker
'I just bought Merchants of Menace and it's incredible!'
Ross Schneiderman, Newsweek bureau chief, Los Angeles
'Magnificent piece of research and told with riveting pace. It's the best book that I've read on the Nugan Hand scandal - and I've seen most of them.' Alex Mitchell, Journalist
NOW A TRUE CRIME PODCAST
DRUGS, GUNS, THE CIA & MURDER...
"These were no ordinary bankers. This was no ordinary bank."
In January 1980, Australian merchant banker, Frank Nugan, died in mysterious circumstances. In his car, the police found a ledger with the names of dozens of drug traffickers and the business card of William Colby, the former director of the CIA. Soon after, his New York-born business partner, Michael Hand, disappeared from Sydney and hasn’t been seen since.
In Merchants of Menace, author/filmmaker Peter Butt reinvestigates the notorious Nugan Hand bank and its alleged links to drug trafficking, gun-running and the CIA. In the process, he achieves what Interpol and the FBI failed to do: he uncovers Michael Hand’s long relationship with the CIA, from Laos to Angola and Central America during the Honduras-Nicaragua conflict. Peter Butt then uncovers Hand's new identity and traces the rogue banker to a small town in the United States.
MERCHANTS OF MENACE
THE TRUE STORY OF THE NUGAN HAND BANK SCANDAL
Available globally in print, eBook and print on demand.
This project was kindly supported by the City of Sydney Historical Publication Sponsorship Program