EP 10: The Wirecard Criminals (with Dan McCrum)

The Library of Mistakes

When FT investigative journalist Dan McCrum began challenging the financial model of so-called fintech pioneer Wirecard, he was threatened with criminal charges in Germany – and worse from the murky forces of the Russian underworld. Yet he persisted, demonstrating that Wirecard was a fraudulent operation that had hoodwinked auditors worldwide – and many others, including former German Chancellor Angela Merkel. Hear Russell Napier ask Dan about his extraordinary book Money Men, and how the hubristic forces behind Wirecard were doomed to fail.
For more information on the Advanced Valuation in Financial Markets course mentioned by Russell, please see www.didaskoeducation.org.