Wirecard: A Hot Startup, A Billion Dollar Fraud | (With Dan McCrum from Financial Times) | Fintech

Fintech Founders Podcasts Series

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

What went wrong with Wirecard? The #payment processing giant was Germany’s #tech darling during the period where #Europe was desperate for a tech champion. Dan McCrum, however, thought the company’s #profits were too good to be true, and through countless documents given by whistleblowers had exposed the company for forging backdated #contracts and faking sales #transactions.

Bringing the biggest #Fintech company of #Germany down however was not easy. Dan’s reputation was smeared by the media, finance #watchdogs, and the #regulators of attempting market price #manipulation, revealing how willing the financial elites are to ignore corruption by their ‘ally’. In this episode, you will hear how Dan’s #persistence and #journalism #integrity helped him win a 6-year long battle against Wirecard, and the twists and turns that occurred in the financial investigation of the decade . The extraordinary story will unveil:

🔹Stimulus behind the investigation

🔹Escalation of the case and the ‘German gangsters’

🔹How did Wirecard bypass the financial regulators

🔹Are there more ‘Wirecards’ lingering?

You can watch the sessions below on Youtube, or listen it on Apple and Spotify Podcasts.

Listen on

Related Posts

Hosted by Gaurav Dhar and Ronit Ghose

PICK OF THE WEEK

Use exclusive code “COTW15” to get 15% off of our Payments in Digital Finance Specialisation.

Individual Course
£ 29
99

/ per course
  • Access to individual course
  • Digital badge of completion
  • Access to exclusive CFTE events
  • Access to CFTE's alumni communities
Monthly Trial
£ 9
99

/ first month
  • Cancel any time
  • Alumni community access
  • Access to all THINK courses
  • Exclusive CFTE event access
  • Digital badges of completion
  • Continuously updated catalogue
Monthly Membership
£ 49
99

/ month
  • Cancel any time
  • Alumni community access
  • Access to all THINK courses
  • Digital badges of completion
  • Exclusive CFTE events access
  • Continuously updated catalogue