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	Podcast:		Nine To Noon
	Episode:		Bringing down Wirecard: Germany's biggest scam?
	Category:		News & Politics
	Duration:		00:26:58
	Publish Date:		2022-11-03 21:07:00
	Description:		Online payment service Wirecard was once Germany's biggest tech darling and the country's answer to Silicon Valley, at its peak valued at more than 24 billion euros; until 2020, when it was exposed as one of the most audacious corporate frauds of the modern era. A tip-off in 2014 started Financial Times journalist Dan McCrum on a seven year investigation, uncovering corrupt business practices and fraudulent financial reporting. But as he pursued the story, Wirecard fought back viciously; with online abuse, hacking, electronic eavesdropping, physical surveillance and intimidation. But the house of cards eventually came crashing down. Dan McCrum tells the story in his book Money Men: A Hot Startup, A Billion Dollar Fraud, A Fight for the Truth, which been made into a Netflix documentary; Skandal! Bringing Down Wirecard.
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