The Billion Dollar Bubble is a 1976 film made for the BBC series Horizon and directed by Brian Gibson about the story of the two-billion-dollar insurance embezzlement scheme involving Equity Funding Corporation of America.
Temporarily unable to obtain current figures for their upcoming business report, Art Lewis and others in the insurance department of Equity Funding devise a plan to forge figures totaling the company's expected performance for that year.
More policies must continually be created in order to continue to the supposed growth of the company so Art enlists the aid of technician Al Green to develop computer software to randomly generate policies, the details of which must then be filled out manually.
Computer and human error lead to supposed policyholders filing claims for medical conditions of the opposite sex and bills being returned because the addressees are unknown.
Eventually the state insurance commissioners intervene and many of the key players are sent to prison.