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Tech: How $2 Billion Goes Missing

Tech: How $2 Billion Goes Missing

FromIndustry Focus


Tech: How $2 Billion Goes Missing

FromIndustry Focus

ratings:
Length:
35 minutes
Released:
Jun 26, 2020
Format:
Podcast episode

Description

German payments darling Wirecard shocked investors everywhere last week when it announced that the company and auditors could not place over $2 billion in cash the company claimed to have. Over the days that followed, the true story began to come into picture. In this episode, we unpack the apparent accounting fraud that brought down one of Europe's brightest tech stars and what investors can learn from it. Stocks: WCAGY Check out more of our content here: TMF's podcast portal YouTube Twitter Join Our Motley Fool Podcast Facebook Group LinkedIn StockUp, The Motley Fool's weekly email newsletter
Released:
Jun 26, 2020
Format:
Podcast episode

Titles in the series (100)

Healthcare, technology, energy, consumer goods, and more. Every day, Motley Fool analysts break down a specific industry and the stocks making headlines. Questions? Comments? Email us at IndustryFocus@fool.com.