Posts Tagged ‘Wirecard’
How Deutsche Bank Helped Con The Public Into Believing In Wirecard
By Tyler Durden More reporting on the Wirecard situation has emerged over the long weekend in the US, and none of it is flattering. As a court-appointed administrator begins the process of managing what’s left of Wirecard through the insolvency process, while doing the best the government can compensate shareholders who were deceived by the onetime fintech…
Read MoreWho Is The Next Wirecard?
Now that the multi-year saga of German fintech megafraud Wirecard is finally over, the pain is only just starting for disgraced German regulator BaFin (with the EU launching an investigation into its borderline criminal “regulation” which punished short sellers while never once looking at the real fraud). Also let’s not forget about the company’s “auditor” EY (aka…
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