Wirecard: Der größte Betrug — und warum ihn niemand stoppen wollte

In light of the recent revelations surrounding Jan Marsalek and his alleged intelligence contacts, we revisit the biggest accounting scandal in German history: 1.9 billion euros that never existed—and a state that turned a blind eye for ten years. An analysis of Wirecard, the failure of BaFin, and the true causes behind the fraud. 00:00 Intro — 1.9 billion that never existed 02:18 The first warning sign — and BaFin's turning a blind eye 04:06 The TPA construct — Dubai, Manila, and thin air 06:05 When regulators protect the wrong people 08:17 June 18, 2020 — the house of cards collapses 10:48 Conclusion — the autopsy of a system