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FT Reporter on the Downfall of Wirecard Head: “I Asked Him Directly Whether He Was a Fraud”



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Even as the world is focusing on the United States presidential election, the German parliament has been addressing what appears to be the greatest financial scandal to have struck Germany in recent years. The Parliamentary Investigation Committee (PUA) is examining who bears political responsibility for the fact that Wirecard’s misdeeds went undetected for so long, despite repeat indications of irregularities and fraud. 

Dan McCrum and Stefania Palma, two journalists with Britain’s Financial Times newspaper, presented evidence early on that a significant part of Wirecard’s business was fake. On Thursday, McCrum is traveling to Berlin to testify before the …

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