Wirecard: Germany’s Enron Exposed скачать в хорошем качестве

Wirecard: Germany’s Enron Exposed

Wirecard was supposed to be Germany’s answer to Silicon Valley – a €24 billion fintech champion handling payments, data and “the future of money.” Instead, it turned out to be one of Europe’s biggest corporate frauds, built on fake profits, missing cash, and a web of lies that fooled regulators, auditors and investors. In this Crooks in Suits episode, I unpack how Wirecard went from processing high‑risk payments for porn and gambling sites to joining Germany’s elite DAX index – and then collapsed almost overnight. As a chartered accountant with 35 years’ experience and a background as a CFO in banking and fintech, I walk through the mechanics of the fraud in plain English. You’ll discover: How Wirecard used “third‑party acquirers” in Asia and shell companies to invent revenue Why €1.9 billion in supposed cash never existed How auditors and regulators missed – or ignored – the red flags The roles of Markus Braun and Jan Marsalek, and how the house of cards finally fell What this scandal reveals about oversight, incentives and corporate governance in Europe If you’re interested in financial crime, corporate scandals, and how frauds really work under the surface, this video is for you.