

Skandal! Bringing Down Wirecard
Wirecard, once a rising star in the financial sector, faced collapse after journalists exposed a massive fraud scheme involving billions in missing funds.
Synopsis
Wirecard, once a rising star in the financial sector, faced collapse after journalists exposed a massive fraud scheme involving billions in missing funds.
People
Synopsis
Wirecard, once a rising star in the financial technology sector, became embroiled in a massive fraud scandal that shook the global financial landscape. Investigative journalists from the Financial Times, led by Dan McCrum, played a crucial role in exposing the discrepancies within the company’s financial statements. The scandal, which came to light in 2020, revealed that €1.9 billion was missing from Wirecard's accounts, leading to the company's insolvency and raising questions about regulatory oversight in Germany and beyond.
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