The phantom €1.9 billion in Philippine accounts toppled Wirecard's DAX dream
A celebrated DAX tech star claims €1.9 billion in Philippine bank accounts - auditors say it never existed; how did a decade of praise blind everyone?
The phantom €1.9 billion in Philippine accounts toppled Wirecard's DAX dream
In this episode, we lay out the rise and unraveling of Wirecard, tracing the company's growth from a Munich payments processor to a DAX-listed tech darling and the financial oddities that surrounded it. We follow the decisions, regulators, journalists and audits that framed the controversy and ask how such a vast claim could stand for so long.
Company: Wirecard
Person…
The skinny
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