The PROBLEM with FAKE NEWS... and WIRECARD - VisualPolitik EN
There was a time when Wirecard was the great European hero: A German tech giant ready to take over the world. However, what could have been a type of Google or Facebook, has become one of the biggest financial scandals in German history. This company made up profits of no less than 1.9 billion euros.
And all this happened as German financial regulators, BaFin, turned a blind eye. Even worse, the authorities of this country even denounced the journalists who raised the first alarm. At a time when the fake news debate is more pertinent than ever, this story makes us reflect on the regulations…
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