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The FT’s Inside Wirecard series meticulously documents the 7-year journey of Dan McCrum and FT journalists, who essentially took down the ‘online payments giant’. What is the Netflix...
- Skandal: Bringing Down Wirecard film review — FT plays lead ...
Netflix documentary captures all the improbable twists in...
- Skandal: Bringing Down Wirecard film review — FT plays lead ...
Sep 15, 2022 · Netflix documentary captures all the improbable twists in the rise and fall of the German online payments giant. FT reporter Dan McCrum in ‘Skandal: Bringing Down Wirecard’.
- What Was Wirecard?
- Red Flags
- Where Is Braun Now?
Wirecard started off in 1999 in Munich, and in 2002, Marcus Braun, a former KPMG consultant, was brought on as CEO. At this point, the company focused on providing online payment services for companies that other more traditional financial institutions might turn down, such as porn or gambling sites. By 2005, Wirecard had merged with Electronic Bus...
Red flags first went up in 2008, when the head of a German shareholder association noticed financial irregularities on the balance sheet and EY was brought in to monitor the company’s accounts. Still, on Wirecard continued, operating now in English and establishing a global expansion. After raising €500m from investors it did just that: purchasing ...
In March 2022, Munich public prosecutors charged Braun with fraud, breach of trust and accounting manipulation, and he is currently awaiting his trial. Braun pleads not guilty to these charges and claims that he too is a victim of fraud. Meanwhile, Former Wirecard COO Jan Marsalek disappeared shortly after he was fired from the company and is curre...
The Wirecard scandal ( German: Wirecard-Skandal) was a series of corrupt business practices and fraudulent financial reporting that led to the insolvency of Wirecard, a payment processor and financial services provider, headquartered in Munich, Germany. The company was part of the DAX index.
Sep 15, 2022 · Streaming from Friday, Passion Pictures-produced Skandal tells the multi-year tale of Financial Times journalist Dan McCrum’s (pictured) investigations into German fintech darling Wirecard.
Sep 16, 2022 · Skandal! Bringing Down Wirecard: Directed by James Erskine. With Florian Toncar, Lena Kampf, Martin Osterloh, Cansel Kiziltepe. Upstart payment firm Wirecard wowed the financial industry with its runaway success — until a tenacious team of journalists exposed massive fraud.
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Sep 18, 2022 · Bringing Down Wirecard review: A gripping true story of financial fraud that could have been made more palatable. The documentary traces the rise and fall of the German payment processor and financial services provider Wirecard, which found itself in the midst of an international financial scandal. 3/5. Shilpa S.
