The Double Life of Wirecard’s Fugitive Executive

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Bloomberg Originals

Bloomberg Originals

3 жыл бұрын

German payments company Wirecard was the darling of the nation's fintech industry. Then came the admission that almost $2 billion of the company’s funds had gone missing. The scandal led to the sudden disappearance of its chief operating officer, Jan Marsalek. With his mysterious links to the Austrian secret service and Russian mercenaries, Bloomberg investigates the role Marsalek allegedly played in one of Germany’s biggest accounting scandals.
#Storylines #BloombergBusinessweek #Wirecard
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Пікірлер: 641
@barfymann362
@barfymann362 3 жыл бұрын
Turtleneck = Check Self inflated ego = Check Scam = Check
@likemysnopp
@likemysnopp 3 жыл бұрын
he needs some red glasses and then it would be perfect
@tehonlynoobs5556
@tehonlynoobs5556 3 жыл бұрын
why every high level scammer always try look like steve jobs example : theranos
@lilDaveist
@lilDaveist 3 жыл бұрын
Hotel? Trivago
@SvenPiper
@SvenPiper 3 жыл бұрын
Every time Germany or a German company is in deeply in trouble, an Austrian is not far.
@CraZy291
@CraZy291 3 жыл бұрын
bruh
@NPJGlobal
@NPJGlobal 3 жыл бұрын
as if germans were perfect...
@carolinevs943
@carolinevs943 3 жыл бұрын
What
@kianag6692
@kianag6692 3 жыл бұрын
Ich finds lustig xD
@blackhans9853
@blackhans9853 3 жыл бұрын
@@kianag6692 recht hat er... wir lernen auch nichts dazu
@Vic4ful
@Vic4ful 3 жыл бұрын
Client: Ok take a look at my books KPMG: mmmmm but you are missing almost $2bil Client: *HEY YOU'RE NOT SUPPOSED TO DO THAT*
@Ab_A60
@Ab_A60 3 жыл бұрын
😂😂😂
@MrAdhito
@MrAdhito 3 жыл бұрын
😂
@sanjeays
@sanjeays 3 жыл бұрын
How could something like this happen in developed markets like Germany? And EY needs to be investigated as well.
@XBlomborX
@XBlomborX 3 жыл бұрын
Its not like comparable stuff also happend in the US right?
@wow35master
@wow35master 3 жыл бұрын
conspiracy theory..they killed him to cover their asses
@sanjeays
@sanjeays 3 жыл бұрын
@@XBlomborX I'm from South Asia, this is not news if it happened in our region. But in EU?? Also even for us US is just another 3rd world country wearing a Gucci belt with nukes 🤣
@johnl.7754
@johnl.7754 3 жыл бұрын
Probably since much of its revenue was supposedly from the other side of the world
@TheSar
@TheSar 3 жыл бұрын
EY are more crooked than the people they audit. I've been in the room with their 'auditors' many times - often straight out of Uni, no idea what they're doing and just following a script to tick a box. Ridiculous.
@WaterWheel360
@WaterWheel360 3 жыл бұрын
"The key player were Austrian" Well well well, where have I heard that one before?
@jupiterjones3789
@jupiterjones3789 3 жыл бұрын
Totally inappropriate and my first thought at the same time
@CAL-zq3dk
@CAL-zq3dk 3 жыл бұрын
Also Germans trying to deflect their involvement.
@jankoss6429
@jankoss6429 3 жыл бұрын
His name on his passport is Jan Maršálek. I am sure he was not born in Austria. That is Czech name. He could not have so spelled name, if he was born in Austria.
@vonbayernDE
@vonbayernDE 3 жыл бұрын
@@jankoss6429 jan is common first name in czech.
@pppinto97
@pppinto97 3 жыл бұрын
What is "Austria" supposed to mean? Are they REPEAT OFFEDERS?
@artursvancans9702
@artursvancans9702 3 жыл бұрын
EY say they are victims? Man, it was your job to audit. I call bullshit.
@MikeBenko
@MikeBenko 3 жыл бұрын
Let's be honest here, this entire story is just another to be added to the long list of "Why the big 4 auditors are complete pointless bullshit".
@welm98
@welm98 3 жыл бұрын
NOT TRUE...Math is hard! You can't expect accountants to know how to use Excel or work with all those numbers....
@likemysnopp
@likemysnopp 3 жыл бұрын
well.. lawyers are technically pointless as well. So are many programmers. And especially cleaners and sales people of all kinds. There are a lot of jobs that are utter bullshit, but we gotta do something dont we.
@LHFX
@LHFX 3 жыл бұрын
I think you missed the point where they explained who discovered the fraud.
@likemysnopp
@likemysnopp 3 жыл бұрын
@@LHFX no I didnt. If you dont understand why the big 4s and other accountants are useful for the economy then you clearly dont understand the economy
@LHFX
@LHFX 3 жыл бұрын
@@likemysnopp First of all you don't understand how KZfaq comments work. First do that, then we can move to more complicated items :)
@Remember-Death
@Remember-Death 3 жыл бұрын
Should've just named the company "Wirefraud."
@user-ju2cd3du9i
@user-ju2cd3du9i 3 жыл бұрын
Once again Germany is blamed for the actions of someone from Austria 🇦🇹
@farticlesofconflatulation
@farticlesofconflatulation 3 жыл бұрын
Build that wall! 🧱 😂
@lonyo5377
@lonyo5377 3 жыл бұрын
The German regulators were not at all inclined to investigate the company despite media reports. They attacked them instead. The German regulators failed.
@full-timepog6844
@full-timepog6844 3 жыл бұрын
@@lonyo5377 just like last time. SMH.
@ja2688
@ja2688 3 жыл бұрын
@@lonyo5377 A number of members of BaFin (Germany’s regulator) were found to have owned Wirecard stock pretty clear conflict of interest. So no wonder they were not that keen on investigating.....
@maxmustermann5492
@maxmustermann5492 3 жыл бұрын
Don‘t blame Austrians for the failure of german people/authorities etc... Interestingly these kind of things happen in Germany, not in Austria, France or Italy after all... However it‘s quite funny yes 😅
@nevenredbull
@nevenredbull 3 жыл бұрын
We germans don't have luck with people from Austria 🤭
@certaindeath7776
@certaindeath7776 3 жыл бұрын
u invite the wrong ones, cause greedy^^
@jonasklapper2875
@jonasklapper2875 3 жыл бұрын
Oh come on. A baverian or a lowersaxon could have done it as well.
@prysrek8858
@prysrek8858 3 жыл бұрын
@@jonasklapper2875 and yet, it's always an austrian.
@jonasklapper2875
@jonasklapper2875 3 жыл бұрын
@@prysrek8858 What's with the prussian dude in WW1? Or that swiss guy in the 30 years war? It's not always the austrians. They have a fair share of germans leading germans into death.
@Holozon
@Holozon 3 жыл бұрын
@@jonasklapper2875 nope they dont have the reqired Charme and Schmäh. And i say this as an Austrian living in Germany. I think the best fraud detector is "people acting like Steve Jobs", That one women with the fraudulent med diagnose tool, the wirecard guys... all imitating the apple guy. And i think u should always check the supervisory board. If its a bunch of retards, but important names, stay away from that company.
@gazunkafonegazunkafone3492
@gazunkafonegazunkafone3492 3 жыл бұрын
The FT story uncovering all this is so much more interesting. German state funded investigations into journalists in the UK for daring to suggest wire card was fraudulent. This story would never ever had broken if it wasn’t for the FT.
@ashtagbeats
@ashtagbeats 3 жыл бұрын
Recently been looking forward to these QuickTake mini-docs. Anyone have any other well-produced financial doc recommendations/channels?
@piersellis69
@piersellis69 3 жыл бұрын
Cold fusion, jake tran
@Xt4209
@Xt4209 3 жыл бұрын
Can you elaborate highly interested
@vineethchennabhoina3798
@vineethchennabhoina3798 3 жыл бұрын
I’d suggest ColdFusion as well.
@kw6143
@kw6143 3 жыл бұрын
CNBC
@utopia8177
@utopia8177 3 жыл бұрын
CNBC does some decent ones as well
@MM-uv3vb
@MM-uv3vb 3 жыл бұрын
Great quality short doc, well done! More of these please 👍
@RobCollins2015
@RobCollins2015 3 жыл бұрын
Incredible to think at one stage Wirecard was valued more than Gamestop
@Wulfcry
@Wulfcry 3 жыл бұрын
You mean Melvin. Gamestop got bullied
@flybeep1661
@flybeep1661 3 жыл бұрын
Lol that fake Goodfellas poster on the left at 9:50 with the heads of Putin, Trump, and Kim Jong Un hahahaha
@churabhok2869
@churabhok2869 3 жыл бұрын
Ernst and Young only cares abouts its fees! As long as that is paid....they sign anything!
@Orca-hp4zx
@Orca-hp4zx 3 жыл бұрын
Any proof for your stupid thesis?
@jonz23m
@jonz23m 3 жыл бұрын
@@Orca-hp4zx Google is your friend.
@Orca-hp4zx
@Orca-hp4zx 3 жыл бұрын
@@jonz23m 🤦‍♂️
@markwoolgar2781
@markwoolgar2781 3 жыл бұрын
@@Orca-hp4zx yes they’re still operating and only receive fines. Unlike Arthur Anderson who went bust in a similar situation with Enron
@MsMousson
@MsMousson 3 жыл бұрын
That reporter looks a lot like him, could be mistaken for him easily. Lolll
@bishop6397
@bishop6397 3 жыл бұрын
That would probably be the best way to hide.
@stijn2472
@stijn2472 3 жыл бұрын
Plot twist. It is him
@loomnatinoscopers
@loomnatinoscopers 3 жыл бұрын
@@bishop6397 hiding in plain sight can be the best thing to do sometimes...
@tchaffman
@tchaffman 3 жыл бұрын
Welcome to Austria lol
@euphonikprince8801
@euphonikprince8801 3 жыл бұрын
😅😅😅😅😅😅
@WelfareChrist
@WelfareChrist 3 жыл бұрын
I’m not sure exactly what it is that draws my interest but I’ve always found scams interesting, and this one doubly so. It has all the plot features of a Hollywood blockbuster. Great job Bloomberg!
@sutats
@sutats 3 жыл бұрын
Germany's Enron.
@The-Enforcer
@The-Enforcer 3 жыл бұрын
This company's operations makes it the German equivalent of Enron.
@dwightstjohn8549
@dwightstjohn8549 3 жыл бұрын
Jeffrey Skilling Enron has been out of jail for two years now (his Texas buddies lobbied hard to get him out). Surprised TEXAS hasn't given him a consulting contract on the big freeze last week. He's "wicked smart", you know. This Austrian guy that has "disappeared". Wonder what his "bio" was. Skilling DID graduate from the Wharton School.
@markwoolgar2781
@markwoolgar2781 3 жыл бұрын
And yet Arthur Anderson went bust worldwide but EY still operating with minimal fines
@stekon9112
@stekon9112 3 жыл бұрын
After Enron bBig5 turned into Big4. Maybe nów it will be Big3?
@kevclare
@kevclare 3 жыл бұрын
It's interesting when Wirecard was hailed as a leader in Fintech. I live in Ireland and know people across Europe. I never heard of anyone using Wirecard. I heard they had great financial results but never of any customers using the service, makes sense now.
@porkcharsui
@porkcharsui 3 жыл бұрын
Wirecard offered B2B solutions for the most part, they rarely targeted end consumers directly. People used their services without knowing who or what Wirecard is.
@kevclare
@kevclare 3 жыл бұрын
@@porkcharsui Stripe and Square are B2B but a lot of people have heard of them. Seen their logo on small business websites for payment processing or used their contactless payment service. Never seen any business using wirecard.
@porkcharsui
@porkcharsui 3 жыл бұрын
@@kevclare Wirecard's approach was different. Their main service was pretty much to just secure payments for a (very) short period of time between whatever payment method a customer used and the money actually showing up in the account it was supposed to. This "guarantee" of the money being there is what clients paid for. I never saw their logo anywhere either but they had some pretty big clients before they went berserk.
@frag0638
@frag0638 8 ай бұрын
They were very heavily used by key resale, adult, and online casinos. Anything high risk/ high chargebacks. Probably popular because they weren’t making a profit
@ziwer1
@ziwer1 3 жыл бұрын
Looks like Jan was always on stand by, ready to vanish at a moment's notice while his colleague started to believe the lie.
@jesselowe5346
@jesselowe5346 3 жыл бұрын
Idk it kinda sounds like he just had the right friends to call up and be like "get me tf outta here" Markus was dumb to not make similar friends with the business he was running though.
@user-cc4go1jk9s
@user-cc4go1jk9s 3 жыл бұрын
10:04, He got plastic and reconstructive surgery in his house. That's what the left behind medical equipmentment was from.
@kymanipazamor3162
@kymanipazamor3162 3 жыл бұрын
That's an interesting perspective
@dominokos
@dominokos 3 жыл бұрын
A much more plausible explanation rather than them being able to clean up any and all evidence of such a surgery taking place except for the fucking bed is that it was used for people who overdosed on drugs at their parties.
@JustTry919
@JustTry919 3 жыл бұрын
@@dominokos i have a hypothesis that the bed was used to sleep.
@dominokos
@dominokos 3 жыл бұрын
@@JustTry919 Which my hypothesis does not exclude
@votan232
@votan232 3 жыл бұрын
that is what happens when an Austrian is the leader in Germany
@ETS186
@ETS186 3 жыл бұрын
Hahaha! This is gold
@rambo3870
@rambo3870 3 жыл бұрын
Underrated!!
@babadusseldorf8480
@babadusseldorf8480 3 жыл бұрын
@⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ wow Bruder du bist ja unter jedem kommi hier, dir geht das wohl sehr nah das du kein vernünftiges Land hast oder wie?
@soestereich
@soestereich 3 жыл бұрын
... here we go again
@MubashirullahD
@MubashirullahD 3 жыл бұрын
These white-collar crimes don't make the people as angry as petty crimes do.
@faith_alone
@faith_alone 3 жыл бұрын
Usually because there's less violence involved I guess
@kwabenabampoeadu5036
@kwabenabampoeadu5036 3 жыл бұрын
Ppl pour their anger on petty crime because it usually happens closer to the victim.
@JanellFrazier
@JanellFrazier 3 жыл бұрын
I can’t wait for a deeper dive into this
@neilatsterling7412
@neilatsterling7412 3 жыл бұрын
Accounting firms, like EY, need to upgrade their auditing methods. The old fashioned way of checking books doesn't disclose frauds like this. They need to hire detective agencies who understand finance to uncover frauds like the ones in Asia in this case.
@kloyster
@kloyster 3 жыл бұрын
Auditors were hired by the firm that they should investigate. No wonder they didn't see that coming!
@jonjo2598
@jonjo2598 3 жыл бұрын
All auditors are hired by the companies that they report on. Who else do you think should hire them, the government? Each audit costs several million dollars per year - the governments in these countries would pay billions of dollars per year in audits if they were to do so.
@quelquun4912
@quelquun4912 3 жыл бұрын
Auditor's are hire to protect the company and the sharesholders not the company director but sometimes the companies arrive to hide the clues or corrupt the audit firm
@JustTry919
@JustTry919 3 жыл бұрын
According to agency theory, a company has 2 parties, i.e. owners/shareholders and management/directors. With an assumption that both parties want to maximize their own wealth. In order that to not happening, owners hire auditor. Normally, audit firm is chosen during general shareholders' meeting. So, eventhough the company paid the fee, ideally the job of auditor is to assure that the report which the management produced is reflecting reality. By doing so, it helped owners to make a future decisions. However, human are human. As nowadays, we can see corrupt policemen, judge, lazy doctors, etc. There will also be lazy auditors, corrupt auditors, etc. The practice is not bad, as an investors, without auditor, there will be more uncertainty in financial report. If with a law and police, criminals are thriving, just imagine the world without law and police.
@JustTry919
@JustTry919 3 жыл бұрын
In addition, there are 2 audit firms involved in this case, EY and KPMG. EY did a general audit, in which it audit all accounts in financial report. KPMG hired to do investigative audit, with the focus to assure that a significant amount of revenue from those foreign countries are in fact exist. And KPMG is the one found that those revenue did not exist. So the auditors hired to investigate it, successfully did the job.
@mikeheisenberg288
@mikeheisenberg288 3 жыл бұрын
IT’S TIME TO AUDIT THE AUDITOR !!!
@phloxie
@phloxie 3 жыл бұрын
oh vey, why so antisemitic?
@Luke-nc6em
@Luke-nc6em 3 жыл бұрын
“Interestingly the collapse of Wirecard started when Wirecard was at its peak” Obviously, when you collapse you just go down.
@martinbudinsky8912
@martinbudinsky8912 2 жыл бұрын
Just a heads up. Its not Jan Marsalek but Jan Maršálek (both written form and pronounciation are different). Even though hes Austrian his surname is czech (it can be also seen on the passport in the video). And if you ask me the guy is hiding right here in Czech Republic. We have a saying: "Under the candlestick shadows are deepest." I think you can understand its meaning.
@MassAveStriker
@MassAveStriker 10 ай бұрын
No, elaborate on the saying.
@martinbudinsky8912
@martinbudinsky8912 10 ай бұрын
@@MassAveStriker Well it means pretty much the same as "hiding something in plain sight". It means that if you hide something in the first place everyone would look no one will bother even looking there because its "too obvious/dumb".
@counterleo
@counterleo 9 ай бұрын
The Czech Republic is an EU member state and a participating member of the Schengen Information System, a Schengen-wide database referencing arrest warrants. I get your "hiding in plain sight" reasoning thing, but I think it would be really dumb to hide somewhere where he could be found out by a simple road check. I get that with money you can get away from many a sticky situation, but there are just much better places on this planet.
@glutamin111
@glutamin111 Ай бұрын
Ye that's probably how your grandmother would put it , maybe it sounds cute and witty and in the right context there is even some truth to it, but that's very unlikely the mindset of Jan Maršálek. It is as clear as broad daylight he was planning his own escape for years on end so it is also crystal clear he needed to get away from the EU (Schengen) jurisdiction and go somewhere where he was granted immunity from prosecution. It's really that simple
@martinbudinsky8912
@martinbudinsky8912 Ай бұрын
@@glutamin111 People thought the same about Radovan Krejčíř. Look up how that one went.
@ApolloVIIIYouAreGoForTLI
@ApolloVIIIYouAreGoForTLI 3 жыл бұрын
So they're ENRON essentially.....
@Wulfcry
@Wulfcry 3 жыл бұрын
Ernst and Young also a victim of a complex criminal network, Their finance is more complex may as well similar than a criminal network its just a different smell.
@khktgnk57
@khktgnk57 2 жыл бұрын
Wirecard also was protected by the german authorities in form of the BaFIn (basically the german SEC), when the FT articles first came out. Several investigations were launched into the FT authors and different short sellers because of suspected insider trading, and shorting the stock was prohibited for a bit. After the collapse there were hearings on these proceedings but just a lot of ''I dont remember'' from the officials in charge, including the secretary of the treasury, who now has a real chance of becoming the next german chancellor in a few weeks...
@Shreendg
@Shreendg Жыл бұрын
Surprising how much they're like a third world country when they get accused of fraud.
@abidamjad3844
@abidamjad3844 3 жыл бұрын
Journalism at it best by Bloomberg Well done you all
@moahhabiib
@moahhabiib 3 жыл бұрын
How is Ey and any other auditors involved not dragged into this , is beyond me
@jakobwiklund5688
@jakobwiklund5688 2 жыл бұрын
lol having Jim Chanos in the end :)
@yjey5047
@yjey5047 3 жыл бұрын
The second time in history an Austrian guy screws Germans over big time
@davidtuckwell5786
@davidtuckwell5786 3 жыл бұрын
Shouldn't you be citing the Financial Times, in some capacity? They broke the story and did all the investigation.
@danjoto7359
@danjoto7359 3 жыл бұрын
6:26
@RLTrane
@RLTrane 3 жыл бұрын
Haha. The company I work for pays us via wirecard (cruise ships with many international workers). They just changed their name to North Lane and carried on
@JustTry919
@JustTry919 3 жыл бұрын
Well, here is the thing, the culprits are not the owner of the wirecard, they are just directors. So, how about the owners/shareholders? So, after such scandal, the company, the management left behind, declare insolvency and selling its business in order to pay the debts and then paid the leftovers to owners. And North Lane is just one unit of wirecard formerly known as Wirecard North America. If I'm not mistaken it's sold to company named syncapay.
@shintanovitasari7784
@shintanovitasari7784 3 жыл бұрын
This is so sad.
@lukas3606
@lukas3606 3 жыл бұрын
I’m addicted to these videos.
@Frazzled_Chameleon
@Frazzled_Chameleon Жыл бұрын
If there is one thing I have learned from recent scandals, it’s that you should NOT trust anyone who comes in dressed like Steve Jobs to try and sell you something. First it was Elizabeth Holmes, then it was this guy. Beware of the black turtleneck, y’all!
@RizztrainingOrder
@RizztrainingOrder 3 жыл бұрын
Coldfusion is 1 guy and delivered the same info to the audience in a much more comprehensible, digestible, and relatable way. Doing it all with 0.01% of the financial accessibility Bloomberg’s quick take has to provide a team of researchers, editors, content managers. Come on Bloomberg, the lack of conviction to craft is getting transparent.
@johnl.7754
@johnl.7754 3 жыл бұрын
and 5 months ago
@AshleyTennyson
@AshleyTennyson 3 жыл бұрын
Yeah that guy is pro, these institutions should learn from these channels
@oo--7714
@oo--7714 3 жыл бұрын
@@johnl.7754 this doc gives more information tho
@FabioTheGreat
@FabioTheGreat 3 жыл бұрын
@@oo--7714 Nope, it doesn’t. With amount of resources at their disposal, they could do much better than ColdFusion.
@kerwinhui1337
@kerwinhui1337 3 жыл бұрын
@@FabioTheGreat This doc does have more information, allegedly from wirecard employee talking anonymously. It also doesn't contain some parts that ColdFusion covered.
@johnxantana5299
@johnxantana5299 3 жыл бұрын
Incredible content.. that beat at the end is fire too 🔥 us both is James bond 007 l
@ravindertalwar553
@ravindertalwar553 2 жыл бұрын
Congratulations 👏 and all the best ❤️
@lzh4950
@lzh4950 3 жыл бұрын
Here in Singapore they have their Asian HQ, which was raided by local law enforcement last year supposedly as it co-ordinated their fictitious business in the Phillippines. Thinking how much responsibility will the government here be expected to take for not detecting that earlier.
@somewherenear3003
@somewherenear3003 3 жыл бұрын
Putin has so many people working for him in Germany. Govt should find out who's working for whom.
@OriginalNotFunny
@OriginalNotFunny 3 жыл бұрын
"Interestinly the collapse of Wirecard starts right around the time where Wirecard is at its peak" - Isn't that what a "peak" is?
@JJSideshowBob
@JJSideshowBob 3 жыл бұрын
Collapse ≠ decline
@0x0michael
@0x0michael 2 жыл бұрын
No
@ferasu
@ferasu 3 жыл бұрын
People mistake the globally standardized audit procedures with Forensic and fraud examination. Audit is not designed to discover fraud or intentional deceit., that's when they brought KPMG later on to do specifically those procedures.
@damansarajaya88
@damansarajaya88 3 жыл бұрын
Looks like Jan and Jho Low (of Malaysia’s 1MDB infamy) is subscribing to the same hiding services. Somehow on the Interpol’s most wanted list, wanted in many countries but somehow with all the high tech in the world, we just cannot find them! Are they using barter trade to buy food now?
@JustTry919
@JustTry919 3 жыл бұрын
They can just have new passport or new id/nationality and then they can live happily ever after.
@abcdeeer
@abcdeeer 3 жыл бұрын
This story gets better and better. Seems like the finical watchdog was in on it or reaping the benefits of growing stock price
@euphonikprince8801
@euphonikprince8801 3 жыл бұрын
I know him, I saw him in Portugal in Funchal(Madeira Island), I was staying near to his villa
@rularofclash1737
@rularofclash1737 3 жыл бұрын
You can make some serious money if you report him He is like Interpol Most wanted
@bonson9156
@bonson9156 3 жыл бұрын
report him and make some bank
@ziwer1
@ziwer1 3 жыл бұрын
Jan should have pulled a Trump: "Look, all I want is that you find some $2 billion dollars"
@junglecat_rant
@junglecat_rant 3 жыл бұрын
🤣🤣🤣🤣🎯
@hayaglamazonluxe
@hayaglamazonluxe 3 жыл бұрын
Lmao 🤣🤣
@Xperian13
@Xperian13 3 жыл бұрын
Austrian boys brought shame to Germany, again.
@tabackeri1842
@tabackeri1842 3 жыл бұрын
Not uncommon I guess? Austrian dudes scuba diving in SEA ruining corals and just got away because the poor dive guides just don‘t know how to throw idiot tourists out of their country🤬
@user-bm5ht8ze2t
@user-bm5ht8ze2t 3 жыл бұрын
As a Filipino, I never even heard Wiredcard here. We only use GCash, Paymaya etc.
@Mara-me4fk
@Mara-me4fk 3 жыл бұрын
Jan Marsallek is officially dead in the Philipines, I think that is why 😂😂
@shivercanada
@shivercanada 3 жыл бұрын
Any company involved with the scummy online gambling scams world you should never have anything to do with them. I avoided them like the plague you should too going foreword.
@SMARTZLIVING
@SMARTZLIVING 3 жыл бұрын
Too late for many. Me included.
@mzalendo24
@mzalendo24 3 жыл бұрын
Love the jokes on Austria!
@BloodyIron
@BloodyIron 3 жыл бұрын
Honestly this isn't even close to the end. Consider how fast police came to his aid. I think the job loss is a smokescreen.
@BernieSnowden
@BernieSnowden 3 жыл бұрын
@2:07 on her fitbit "Welcome at Wirecard Cafe" Never trust a huge company that can't even get their grammar correct
@SebAnders
@SebAnders 3 жыл бұрын
Hey Germany, didn't you learn not to get duped by an Austrian with big promises?
@Football__Junkie
@Football__Junkie 3 жыл бұрын
Those Austrians can be quite ambitious, can’t they?
@ethanmariani5152
@ethanmariani5152 3 жыл бұрын
marsalek should become the New Bond 007.
@cocobrez
@cocobrez 3 жыл бұрын
Greed and stupidity will bring any man down!
@TINSTAAFL1
@TINSTAAFL1 Жыл бұрын
Marsalek currently lives in Moscow under the protection of the Russian intelligence agency FSB. His connection with the FSB goes back to Libya and Syria.
@djmi3976
@djmi3976 3 жыл бұрын
@Bloomberg quicktale. You guys benefit either way, when wire card was trending from the huge profits it was posting you helped promote it and now that the it has collapsed you help provide facts and evidence on the same. Can’t you guys do your own research cause some people rely on the information you provide else you are similar to Ernst & Young (EY) in this case.
@davidblair8636
@davidblair8636 3 жыл бұрын
Is the guy with the glasses Derren browns brother?
@Hellya38
@Hellya38 3 жыл бұрын
movie title: "Where's Jan Marsalek?"
@TheMrFishnDucks
@TheMrFishnDucks 2 жыл бұрын
Wow this is could be a plot of a movie. The trauma beds and medicine is extremely weird unless he really is some sort of mercenary.
@thewolf2838
@thewolf2838 3 жыл бұрын
The heist of the century.
@masterpogi9756
@masterpogi9756 3 жыл бұрын
leonardo di caprio fits in this kind of movie directed by ? would be great
@likemysnopp
@likemysnopp 3 жыл бұрын
more cocain and it will be sweet
@johnxantana5299
@johnxantana5299 3 жыл бұрын
This goes deep .. ayo no home lol
@nicholasgoldsworthy4719
@nicholasgoldsworthy4719 3 жыл бұрын
The great escape from Alcatraz train robbery upgraded.... Hilarious
@JorDef
@JorDef 3 жыл бұрын
In first place it´s an embarrassment for the politicians in charge. I hope that this will become known wider. We´re sick of lobbying ministers in Germany and wanna have them removed before they can cause even more damage to our society!
@Telencephelon
@Telencephelon 3 жыл бұрын
wallstreetbets and Marsalek. Those are my heroes. Wakeup calls for the markets. When did any mayor improvement ever come from stagnation and the status quo?
@qyahb3822
@qyahb3822 3 жыл бұрын
How a razor thin profit business model like wirecard can worth a usd20b is mind boggling
@peterbradshaw8018
@peterbradshaw8018 3 жыл бұрын
Is there a book out yet? Short short baby sung to the tune of Ice Ice Baby.
@terencehill3972
@terencehill3972 3 жыл бұрын
The 2B, that was the alleged entire liquidity of the company, supposedly everything sitting in the Philippines, right?
@streetsideproductionsill884
@streetsideproductionsill884 3 жыл бұрын
With that much $ and investors, a system had to be put in place to conceal...
@bloatedtonydanza7798
@bloatedtonydanza7798 3 жыл бұрын
I wish I was one of these Machiavellian characters... I am just to dumb and frivolous 😔 and I hate when ppl gets screwed.
@arminius6506
@arminius6506 3 жыл бұрын
Machiavelli doesn't promote frauds and his philosophy has to do with statecraft, not with ripping off the people of their hard earn money.
@bloatedtonydanza7798
@bloatedtonydanza7798 3 жыл бұрын
@@arminius6506 has to do with power and strategy to earn what you think is yours boi. You took it too literally 😆
@BIBIWCICC
@BIBIWCICC 3 жыл бұрын
He’s currently on a yacht in Gibraltar where he hid everyone’s money.
@sngs9565
@sngs9565 3 жыл бұрын
So...how about Ernst & Young? They got off the hook??? KPMG should be applauded.
@Pekenter
@Pekenter 3 жыл бұрын
Nice Video! But I found a small mistake. at 12:40 'decieve'. 'to deceive' would be correct
@TheMontagPress
@TheMontagPress 3 жыл бұрын
Plot twist. Benedikt Kammel is Derren Brown!
@lancemarshall241
@lancemarshall241 Жыл бұрын
The Marsalek of Mexico was a Chinese pharmaceutical executive; however, his business interests wasn't fraud, it was chemicals! Guess for what?
@roryonabike5863
@roryonabike5863 3 жыл бұрын
What's the status of Wirecard's technology?
@jonaswolff9186
@jonaswolff9186 3 жыл бұрын
just bought it im happy
@nombre1248
@nombre1248 2 жыл бұрын
This is soooo common lol.
@dimdim2345
@dimdim2345 3 жыл бұрын
How necessary was it to mention a Russian officer?
@sns4748
@sns4748 Жыл бұрын
EY: "No worry the 2 billion $ is on the bank account of philippine Saul Goodman!"
@mattvesta5721
@mattvesta5721 3 жыл бұрын
It wasn’t us, it was the Austrians, yeah yeah, we know.
@hugebitcoin654
@hugebitcoin654 3 жыл бұрын
3:07 those graphs are just so wrong wtf
@reinplat
@reinplat 3 жыл бұрын
13 minutes of vaporware. Save yourself the time.
@lancemarshall241
@lancemarshall241 Жыл бұрын
Whether it's Germany or America market hysteria can drive prices high without any rational justification for the price increase!
@lenaely6146
@lenaely6146 3 жыл бұрын
I've noticed ANY company being super hyped by securities sales and media is always a scam. Always. Doesn't matter who, what company, or where; they are always scams.
@shanetonkin2850
@shanetonkin2850 Жыл бұрын
So Apple, Google, Facebook & Tesla (just to name a few) are all scams?
@antonresurreccion5062
@antonresurreccion5062 3 жыл бұрын
Jan Marsalek seems like the man.
@seekingeudaimonia6884
@seekingeudaimonia6884 3 жыл бұрын
Random question 🙋‍♀️ So if the creator of Bitcoin came out and announced it was all a research project or experiment to see how money is created, if a new flow could be opened up, who knows it’s a hypothetical. So if it all came out it was something else but people have invested so much time and money. Even having a stable market and use now, would that kill Bitcoin? Would people suddenly lose all value for it? What would happen?
@Heavy_Hitta_Sucka
@Heavy_Hitta_Sucka 3 жыл бұрын
Who else is in the Goodfellas mock movie poster at 9:52 besides Putin? That's fucking hilarious.
@wassapjy1
@wassapjy1 3 жыл бұрын
Apple’s revenue in 2 days...
@patson420
@patson420 3 жыл бұрын
what a time to get into financial markets, 00, 10, 2020 im already curious bout 2030 desasters.. 😅🙏🏽🤙🏽
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