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I investigated Wirecard for two years
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Skandal! Bringing Down Wirecard

I investigated Wirecard for two years. I understood its business model perfectly. It...

I investigated Wirecard for two years. I understood its business model perfectly. It handled payments for online businesses
in pornography and online gambling, but it wasn't illegal

Full Transcript

00:00:01.000 --> 00:00:04.008
I investigated Wirecard for two years.
00:00:05.048 --> 00:00:08.028
I understood its business model perfectly.
00:00:09.999 --> 00:00:14.006
It handled payments for online businesses in pornography and online gambling,
00:00:15.076 --> 00:00:17.016
but it wasn't illegal.
Duration
18 seconds
Views
147
Timestamp in Movie
00:11:55
Uploaded
May 27, 2023
Genres
documentary, crime
Production
Passion Pictures

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Movie Summary

Upstart payment firm Wirecard wowed the financial industry with its runaway success — until a tenacious team of journalists exposed massive fraud.
It was certainly a big part of what we did, - Skandal! Bringing Down Wirecard 00:24
It was certainly a big part of what we did,
Money laundering is taking the proceeds of crime and cleaning the money. - Skandal! Bringing Down Wirecard 00:05
Money laundering is taking the proceeds of crime and cleanin...
If you rob a bank and have a big bag full of cash, - Skandal! Bringing Down Wirecard 00:41
If you rob a bank and have a big bag full of cash,
The idea was that I would go away and do my own work, - Skandal! Bringing Down Wirecard 00:12
The idea was that I would go away and do my own work,
What I should have said is, "Matt Earl is a short seller." - Skandal! Bringing Down Wirecard 00:12
What I should have said is, "Matt Earl is a short selle...
We highlight the wrongdoings of companies. - Skandal! Bringing Down Wirecard 00:53
We highlight the wrongdoings of companies.
We were suddenly under attack from all directions. - Skandal! Bringing Down Wirecard 00:27
We were suddenly under attack from all directions.
Then occasionally, there'd be threats. - Skandal! Bringing Down Wirecard 00:07
Then occasionally, there'd be threats.
There was a vehicle that was parked outside my house - Skandal! Bringing Down Wirecard 00:07
There was a vehicle that was parked outside my house
I had the license plates noted down, - Skandal! Bringing Down Wirecard 00:09
I had the license plates noted down,
And then one day, Paul says that somebody's been trying to listen in - Skandal! Bringing Down Wirecard 00:12
And then one day, Paul says that somebody's been trying...
He spotted this person. - Skandal! Bringing Down Wirecard 00:11
He spotted this person.
A few weeks after I opened the short position, - Skandal! Bringing Down Wirecard 00:54
A few weeks after I opened the short position,
What company sends a bunch of thugs to an investor's office? - Skandal! Bringing Down Wirecard 00:22
What company sends a bunch of thugs to an investor's of...
I'd been looking at Wirecard - Skandal! Bringing Down Wirecard 00:18
I'd been looking at Wirecard
Immediately, the stock price rebounded. - Skandal! Bringing Down Wirecard 00:30
Immediately, the stock price rebounded.
My dear shareholders… - Skandal! Bringing Down Wirecard 00:06
My dear shareholders…
{\an8}Jan was hyper-cool. - Skandal! Bringing Down Wirecard 00:19
{\an8}Jan was hyper-cool.
Well, if I find a weak spot, but I'm… - Skandal! Bringing Down Wirecard 00:05
Well, if I find a weak spot, but I'm…
Well, if I find a weak spot, but I'm... - Skandal! Bringing Down Wirecard 00:36
Well, if I find a weak spot, but I'm...