Wirecard says €1.9bn of cash is missing

Invisibilia, an NPR show, ran an episode last week on a case of Wirecard's onslaught of intimidation and pressure on a short seller looking into shady Wirecard dealings: https://www.npr.org/2020/06/02/868001948/trust-fall

Wirecard's tactics included a disinformation campaign smearing the target's reputation with false accusations, following and photographing the target, sending 'bodyguards' to intimidate the target at his home, and a constant flow of sophisticated phishing attempts.

If you don't have an FT subscription:

https://www.marketwatch.com/story/wirecard-shares-plunge-aft...

There were so many fishy things going, I am by no means surprised. When a company starts sueing journalists, in Wirecards case the FT, over negtive reporting, it is a alarm bell.

When said comany gets indicted by financial watchdogs and auditors refuse to sign off balance sheets, well, things don't look to good.

For those who have trouble with the link:

https://outline.com/WwRNkE

Non paywalled for me : https://www.irishtimes.com/business/technology/wirecard-says...

Who cares? Bail them out, like the other banks since 2008, too! Equal rights for all!

PEANUTS!