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Wirecard reporter McCrum: ‘put your money in to things you understand’
Manage episode 378564599 series 3363590
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Investors in the now-collapsed payment processing company Wirecard may have been willing to ‘explain away’ discrepancies in the company’s balance sheet due to close professional relationships with Wirecard CEO Markus Braun, according to investigative reporter Dan McCrum.
In this episode of The Advice Show, McCrum reveals how Wirecard concealed a £1.7bn fraud - and why regulators and investors failed to notice.
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