Latest / Follow the Lies: Fraud & Deceit Uncovered
Episode 18: Wirecard's Missing €1.9 Billion — How Germany's Fintech Star Faked Its Fortune
Wirecard told the world €1.9 billion, a quarter of its balance sheet, was sitting in two banks in the Philippines. In June 2020, the auditor finally asked those banks directly. Both gave the same answer: these documents are not ours. Within a week the CEO resigned, his number two boarded a private jet to Belarus and vanished, and a member of Germany's blue-chip DAX index filed for insolvency for the first time in history.
Former FBI Special Agent Kevin Barrows follows the trail from a small German payments processor to a €24 billion fintech champion that replaced Commerzbank in the DAX. He…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.