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Briefings

What exactly is going on in the Wirecard scandal?

Wirecard, a darling of the German fintech sector, has collapsed and its boss has been charged with fraud. Red flags have waved for years, yet the regulators went for the flag bearers. What went wrong?

by: Simon Wilson
4 Jul 2020

Felix Hufeld of the German regulator BaFin: the episode is a “complete disaster” © Shutterstock

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