Wirecard: A Billion Euro Lie, review – the thrilling scandal that had thousands of Germans fooled

Wirecard was allegedly perpetrating fraud on a staggering scale, accused of money laundering and inflating profits. One part of this, the film claimed, involved illegally distributing millions of pounds worth of gambling proceeds in the US via network or British shell companies; one address for such a company turned out to be a house in Consett, Co Durham. Wirecard denies any wrongdoing.

The directors, Benji and Jono Bergmann, told the story through talking heads, which meant that visually it felt a bit lacking. There was no voice-over, only the testimonies of people involved, from company employees to investigators. The majority of staff, a former executive insisted, assumed that they were working for a legitimate enterprise and couldn’t believe what they heard. “It’s a German company. Germans don’t do this sort of thing,” said one. That same belief may explain the unwillingness of authorities to investigate.

The film kept the story simple. By the end, Wirecard’s CEO was in custody and its COO was on the run. There was a reminder in the postscript that thousands of small investors lost their life savings; it may have read like a Hollywood thriller at times, but the rise and fall of Wirecard had real-world consequences. 

Related Posts

Respite from the rains: today it will be dry in Kyiv

In the capital on April 23 it will be cloudy with clearings. No precipitation is expected in Kyiv on April 23 / photo KSCA On Tuesday, April…

The occupiers are planning to penetrate deep into Ukrainian positions in the Donetsk region, – ISW

Over the next weeks, Russian troops will continue to receive tactical victories along the Berdich-Novokalinovo line. The Ukrainian Armed Forces will strengthen their capabilities, but they need…

Night attack on Odessa: the consequences became known, there were casualties (photos, video)

As a result of the attack, seven people were injured, 34 people were rescued. Russia attacked Odessa / photo t.me/truonline On the night of April 23, Russian…

Forecasters predict weather changes in Ukraine: what to prepare for

From the second half of the week it will finally become warmer in Ukraine. Temperatures in Ukraine will rise this week / photo Eszter Miller / Pixabay…

Three prayers to St. George the Victorious: for soldiers, for help and victory

On April 23, according to the new church calendar, the day of St. George the Victorious is celebrated. How does St. George the Victorious help / collage,…

Ukrainians have sharply increased the demand for diesel cars: which models will be swept away

The share of diesel passenger cars in the new car market has increased. /There are more diesel cars on the roads photo ua.depositphotos.com In the first quarter…

Leave a Reply

Your email address will not be published. Required fields are marked *