Wirecard: How to make Billions Disappear! #113




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Summary: Wirecard has taken part in what the head of Germany's financial watchdog calls "a massive criminal act". So, what happened, and more importantly, how did their auditing firm, Ernst & Young (EY), not catch this earlier? And do not forget, EY lost a million of other people’s money in BTC during another ‘work episode’ How come EY cannot seem to stop dropping the ball?  Olaf Scholz, Germany’s finance minister, defended his handling of the Wirecard scandal by blaming EY, Wirecard’s long-standing