Wirecard: How Germany's fraudulent fintech star was exposed
Read on Deutsche Welle
Fabio De Masi, a former lawmaker for Germany's socialist Left Party who sat on a parliamentary inquiry into the Wirecard affair, said "Mr. Braun was not a victim but The Godfather of the criminal operation."
De Masi recalled parliament's 675-page report on Wirecard, published last year, that established that Braun was involved in signing off on funds to third-party firms despite warnings that he was giving away "the last liquidity of Wirecard."
De Masi told DW that the official reaction to the negative media reports was "scandalous," as the public prosecutor initiated a short-selling ban on Wirecard shares "based on a wild conspiracy theory that Bloomberg conspired to blackmail Wirecard." The embarrassment forced the resignation of BaFin's chief and the head of Germany's accounting watchdog and even spawned a Netflix documentary, recounted by McCrum