In September 2014, the FT’s Dan McCrum received a tip about a fast-growing German fintech group, Wirecard. Over the next couple of years Dan and his colleagues uncovered the secret behind the payment company’s meteoric growth: many of the customers listed in company documents did not exist. In this episode Dan tells the story of the whistleblowers, shoe-leather reporting, hacking, suspected surveillance and legal threats that led to Wirecard’s downfall.

Review clips: CNBC, Deutsche Welle 

Further reading:

The double life of Wirecard’s Jan Marsalek

Inside Wirecard

Dan’s 2015 story for Alphaville

See for privacy and opt-out information.

Transcripts are not currently available for all podcasts, view our accessibility guide.

Get alerts on Behind the Money when a new story is published

Copyright The Financial Times Limited 2022. All rights reserved.
Reuse this content (opens in new window) CommentsJump to comments section

Comments have not been enabled for this article.

Follow the topics in this podcast