1 min listen
Wirecard: how to find a €2bn hole
FromBehind the Money
ratings:
Length:
23 minutes
Released:
Jul 14, 2020
Format:
Podcast episode
Description
In September 2014, the FT’s Dan McCrum received a tip about a fast-growing German fintech group, Wirecard. Over the next couple of years Dan and his colleagues uncovered the secret behind the payment company’s meteoric growth: many of the customers listed in company documents did not exist. In this episode Dan tells the story of the whistleblowers, shoe-leather reporting, hacking, suspected surveillance and legal threats that led to Wirecard’s downfall. ---Review clips: CNBC, Deutsche Welle Further reading:The double life of Wirecard’s Jan Marsalek https://www.ft.com/content/511ecf86-ab40-486c-8f76-b8ebda4cc669Inside Wirecardhttps://www.ft.com/wirecardDan’s 2015 story for Alphavillehttps://ftalphaville.ft.com/2015/04/27/2127427/the-house-of-wirecard/
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Released:
Jul 14, 2020
Format:
Podcast episode
Titles in the series (100)
Coming soon: A weekly podcast from the Financial Times that digs into the big business and financial stories in the news. Behind The Money starts Tuesday, May 1. by Behind the Money