Results for wirecard

Add to feed Create your own feed

Latest

#MostRead this week: Financial Times reporters Dan McCrum and Stefania Palma on Wirecard and pressures on business journalists

@ambiej  @MarketWatchA  @WSJn  example is WSJ let go an excellent, veteran reporter on the accountancy beat in the middle of the biggest scandal in that industry in years, the KPMG/PCAOB data theft scandal. Leadership indicted! Not enough scoops? WSJ now chasing FT on Wirecard and new wave of frauds. 8/8

"BaFin [Germany’s Federal Financial Supervisory Authority]fundamentally did not understand how journalism works and did not attempt to find out." FT reporters Dan McCrum and Stefania Palma on Wirecard and pressures on business journalists via @CPJ_Eurasia 

Loading
Loading

Most relevant

"Have you been arrested yet?" This is the tale of the spies, the hacking, the put-up job, the sock puppets, the fancy restaurants, the digital handbag and the many, many professionals taking Wirecard's money to fight and intimidate its critics

this piece by @FD  about his investigation into Wirecard is one of the most astonishing things I've ever read in the @FT  or anywhere else

tweet picture

Anybody who thinks investigative journalism is dead should read the long feature in today’s @FT  about how, despite formidable corporate and regulatory opposition, the Financial Times exposed Wirecard as fraud and sham. Amazing journalism. Sincere congratulations.

For background on Wirecard collapse today, these are the two key stories. In October, we wrote that sales and profits appeared fraudulently inflated. In December, we wrote that "trustee accounts" were included in cash balances.

Thread: 1/The reality of the Wirecard $WDI fraud is now unavoidably obvious for even the most blinkered of observers. There are profound lessons that should emanate from the $WDI story But first, let’s call out the winners and losers:

Good morning from #Germany , whose reputation as a reliable business location has suffered. The collapse of Wirecard has damaged trust in the German regulatory framework. After the turmoil at VW, Bayer, or Deutsche Bank the Germans are seen as tricksters.

tweet picture

BREAKING: Wirecard's former CEO Markus Braun is arrested after $2.1 billion went missing from the digital-payment company

tweet picture

European debut at @MUC_Airport : Wirecard, @sesimagotag  and @wirecube_AT  enable #mobile  and #cashless  payment in one of Europe’s busiest airports.

Accused of money laundering, global giant Wirecard granted licence by RBI, Swami could hound Rajan again

Accused of money laundering, global giant Wirecard granted licence by RBI, Swami could hound Rajan again

Loading
Loading