The €1.9 Billion That Never Existed | The Wirecard Scandal

Описание: For years, investors believed the money existed.

Auditors believed it.
Regulators believed it.
The market believed it.

Then reality arrived.

In June 2020, Wirecard announced that €1.9 billion held in Philippine bank accounts could not be verified.

Days later, the truth emerged.

The money had never existed.

This documentary explores the rise and collapse of Wirecard, one of the largest corporate frauds in European history, and the psychological forces that allowed it to happen.

B-Redacted is a documentary channel focused on financial crime, corporate fraud, corruption, deception, and the hidden stories behind some of the world's most infamous scandals.

Sources:
Wirecard AG Annual Reports
Financial Times Investigations
European Commission Reports
German Parliamentary Inquiry Documents
Public Court Records

Subscribe for more documentaries on financial crime, corporate fraud, and real-world scandals.