The Rise & Fall of Wirecard

The Rise & Fall of Wirecard. Who is Markus Braun? What is Wirecard? How did Wirecard make money? How did Wirecard lose €1.9 billion? What is the Wirecard scandal? What happened to Wirecard? In this video, we look at the Wirecard Scandal Explained, showing how Wirecard CEO, Markus Braun, committed Market Manipulation and Accounting Fraud after scrutiny from the Financial Times' Investigative journalist Dan McCrum wrote about Wirecard in FT Alphaville. This led to the demise of the company and the share price, leading to Wirecard Bankruptcy

In this video, we look at The Rise & Fall of Wirecard, one of Germany's fintech darlings when the success story came crashing down in the space of 10 days.

Here's How It Happened

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0:00 Introduction
0:41 How Wirecard makes money
1:19 The Rise of Wirecard
1:48 FT Investigation begins
3:31 Timeline of Wirecard's demise
4:00 Wirecard Collapse

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Sources:
https://www.youtube.com/watch?v=FFrag8ll85w&t=85s - Jerry Maguire Clip
https://www.ft.com/video/37cb70e6-72df-471e-943d-2d32c2785650 - Dan McCrum's Story
https://www.ft.com/content/284fb1ad-ddc0-45df-a075-0709b36868db - FT Wirecard Timeline

#Wirecard
#RiseandFall
#MarkusBraun
#€1.9billionMissing
#HowItHappened

Видео The Rise & Fall of Wirecard канала How It Happened