A very interesting documentary. Intense too, and challenging. You really have to concentrate to get everything. A bit too hard to follow sometimes maybe, the documentary sometimes opens pots it never closes, for example the investigation of the BaFin in the FT-Journalists. It is mentioned but no more.
Leaves many questions unanswered. What was the role of the german regulators, why didn't they see anything and so on. But that is okay because it's a documentary out of the perspective of the FT-Journalists and these POV is - as I said - very interesting. At this point a special remark on the music which I really loved.
Skandal! Bringing Down Wirecard
2022
Action / Crime / Documentary
Skandal! Bringing Down Wirecard
2022
Action / Crime / Documentary
Plot summary
Upstart payment firm Wirecard wowed the financial industry with its runaway success — until a tenacious team of journalists exposed massive fraud.
Uploaded by: FREEMAN
September 16, 2022 at 10:59 AM
Director
Top cast
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720p.WEB 1080p.WEBMovie Reviews
Interesting - a bit too full
I did not expect the ending
To be so quickly closed.
It seems like a bit lacking to just leave it at company fall and Braun being arrested. I would hope there'd be some more coverage of consequences of the fraud when it comes to governmental involvement.
Maybe part 2 or some future investigative piece will take a further look what else is implicated. Upon seeing this documentary I been in a classic internet rabbit hole to seek more information about involved actors, but there does not seem to be much more, or somebody did a pretty good scrape job to clean up the ties.
Overall, I've seen some good pieces on Wirecard fraud, but this documentary provides a good amount of testimonies from people involved rather than just description of what happened.
Fine & intriguing introduction to the Wirecard 'skandal'
There have been many documentaries & films over the past decade on the financial industry trying to give outsiders a glimpse into their usually mundane world, only to find that sometimes when they get it wrong it really is mammoth in proportions. In this case, we have a fascinating look into the world of now defunct German company Wirecard, which was pure criminal fraud right front of all our eyes, yet few even an eyelid, with there being either only some mavericks "shorting" them or a few genuine brave investigators. We have tales of politicians, financial gurus, outside investors, stock traders and one very brave FT newspaper journalist; all talking heads taking us through the machinations of this catastrophe.
What this doc does well is help to explain the ins & outs of the company, but also show the shere scale of the corruption underlying this company. Yet everyone was fawning over it, and clearly a blind eye was turned by everyone. It took some brave reporting despite the threats to reveal the truth.
However, I feel that this documentary is a little watered down. I guess for legal reasons there were more targets & names they could have attacked but didn't which is a shame, as at the end only a couple of names seem to be blamed when really there are plenty of more guilty parties involved. That lets it down but not enough to knock the film off the tracks.
As an introduction to the 'skandal' it's a fine start, but really I think something more meaty is required to forensically investigate all that took place. There may still be other "Wirecard" companies out there which we are all blind to!