The Wirecard Fraud - How One Man Fooled all of Germany
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Published 2020-08-06
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Script by Fil Zivko
Sources:
www.reuters.com/article/us-wirecard-accounts-respo…
www.itnews.com.au/news/trail-of-missing-wirecard-e…
www.ft.com/content/284fb1ad-ddc0-45df-a075-0709b36…
www.ft.com/content/ac949729-6167-4b6c-ac3f-f0aa71a…
www.ft.com/content/03a5e318-2479-11e9-8ce6-5db4543…
www.ft.com/content/f6e8a58a-2b93-11e9-88a4-c321297…
www.spiegel.de/wirtschaft/urteil-im-insider-prozes…
ftalphaville.ft.com/2015/04/27/2127427/the-house-o…
www.ft.com/content/d51a012e-1d6f-11e9-b126-46fc3ad…
• Wirecard’s $2.1 Billion Hole Deepens ...
• Wirecard and the missing €1.9bn: my s...
• Wirecard and the Curious Case of the ...
• Half-Time of Digitalization? It's Onl...
www.ft.com/content/e9d54dba-6952-4ed5-9ddc-6cca157…
www.ft.com/content/f697a093-4e1b-4ef4-9b16-820198e…
www.ft.com/content/ec986d0e-5d92-4e66-a595-0f8645f…
www.nytimes.com/2020/06/23/business/wirecard-marku…
www.forbes.com/sites/jackkelly/2020/06/23/wirecard…
www.dw.com/en/former-wirecard-ceo-markus-braun-arr…
www.wsj.com/articles/wirecards-former-ceo-markus-b…
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All Comments (21)
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One suggestion: Add the date of TV interviews and other video snippets to make some things a bit clearer.
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Softbank Logic: "You're charismatic, here take my money!"
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What I' ve learned form Wirecard and Theranos: If a CEO thinks he/she is the next Steve Jobs, he/she is probably quite the opposite
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I can only imagine how amazing his neighbors felt after the man that was “going to buy your apartments” went bankrupt lmao
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Journalist: "So wtf is going on with wirecard?" CEO: "Uh we are very much like innovation"
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I am a CEO of a company and I wear Steve Jobs like clothes... Soft Bank: Say no more fam!!
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"how one man fooled all of Germany"... well, not the 1st time that happens.
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Very good point, this company was audited for 8 years in a row by big 4 firms and the found nothing. Makes me question their competence.
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Softbank: Oh, you wear Steve Jobs clothes (turtleneck)... take a billion.
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If the CEO of a company dresses like Steve Jobs they immediately should be investigated
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Whenever I hear someone called a "Genius" or "Visionary"... I'm like : Ok we'll see about that...
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scam company: im a "tech" company Softbank: ok here's 10 billion dollars
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"Machine learning" i.e. Excel spreadsheet. lmao
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In case you did not know: Braun isnt german, he is austrian... Seems like Austria has a habit of stirring up Germany
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Financial times: "So why did you list a fake branch office in the Phillipines?" Wirecard: "something something ARTIFICIAL INTELLIGENCE" Softbank: "sounds like a solid deal to me"
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It’s amazing how often all these smart people in the finance industry fail to spot crooks.
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Good rule of thumb: if softbank invests in it, sell.
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Worked for Bosch when the Dieselgate scandal hit. Currently working for the EY Assurance business, I swear these scandals follow me
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At this point I’m surprised SoftBank didn’t invest in theranos
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I'm impressed at how slick and professional this channel is. Its reports are as good as anything I've seen on the best known international TV stations. Congratulations!
