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Even more documentaries and reports? Then subscribe to ZDFinfo. There are even more documentaries here ➡️ https://kurz.zdf.de/U7KL/ The ZDFinfo documentary traces the rise and fall of Wirecard and speaks to those affected and economic experts. Wirecard was once considered a stock market star: young, trendy and with apparently brilliant annual financial statements. It soon rose to the DAX 30. But the balance sheets were doctored, and almost 2 billion euros were missing from the coffers. Then in 2020: the crash. Small investors lost their savings, fund managers lost their reputation and the financial regulator lost its credibility. The Wirecard bankruptcy caused an earthquake on the financial market. There were early warning voices from Great Britain and the USA. How could the biggest financial scandal in German history come about? And what lessons must the financial market learn from the Wirecard case? A film by: Volker Wasmuth Patrick Zeilhofer Producer: Lena Solberg / Tabea Mirbach / Bernhard Hesseler Camera: Sven Bender / Oliver Gurr / Marcel Herrman / Dennis Mätzig Editing: Tobias Adams Graphics: crushed eye media Speaker: Susanne Grawe Production: Jenny Heininger Editor: Michael Scheuch A production by: Blue moon media 00:00 Intro 01:00 The rise of Wirecard 03:53 The free fall 08:21 The birth of e-commerce and e-payment 13:30 The fraud begins 18:07 Marsalek - the manager who likes to play secret agent 24:14 The Wirecard principle 32:22 Auditors who don't audit 41:57 Wirecard and the media 44:54 The failure of politics 47:02 The last days of the stock market star 50:13 An escape and the end of a dream Check it out here too: ZDFinfo on Facebook: / zdfinfo ZDFinfo on Twitter: / zdfinfo #ZDFinfo on Instagram: / zdfinfo #zdfinfo #wirecard #economy