SP1 0.00% $1.07 southern cross payments ltd

Wirecard scandal, page-129

  1. 6,681 Posts.
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    BaFin and the bourse turned a blind eye to the fraud, which is now the biggest in German's corporate history. They both could have stepped in back when wirecard was only worth a few hundred millions euros. But they failed and instead they let the fraud grew to more than 20 billion euros. Guess what? Wirecard investors are now suing the regulator! LOL! Guess what would have happened if they had stepped in on time? They would get bullied by wirecard's investors of course! Damned if they did and damned if they don't.

    https://www.google.com/amp/s/www.law360.com/amp/articles/1295133

    There are so many media articles on how much of a political scandal wirecard is becoming now in Germany. And somehow some people think ISX's suspension is unfair?!


    Last edited by aniesbaswedan: 06/08/20
 
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