Webinar: The Wirecard Scandal

We are excited to announce an exclusive, online event for our members about the Wirecard financial scandal. Dr. Anastassia Lauterbach, former Wirecard Supervisory Board Member, and Pav Gill, the in-house counsel turned “whistleblower” who exposed the fraud, will join us to give their personal accounts of the scandal which brought down Europe’s largest fintech.

Wirecard, a German payments company which offered electronic payment transaction and risk management services, was known for its rapid growth and success and was listed on the Frankfurt Stock Exchange. However, in June 2020, the company collapsed into insolvency after a Financial Times investigation revealed that the company had inflated its revenue, boosted its profits through fraudulent activities, and manipulated accounting records. Subsequent investigation into the fraud found a €1.9 billion hole in Wirecard’s accounts, making it one of Europe’s biggest corporate frauds.

The scandal shook the financial industry and raised serious questions about the effectiveness of financial regulations and oversight. It also forced the reform of Germany’s institutions and destroyed the reputation of the company’s auditors.

Join us for an exclusive insight into the scandal from those on the inside. Hear from Anastassia and Pav about the lessons learned in working with auditors, the systemic risks in two-tier governance, bottlenecks in risk management systems, and their stories of personal resilience.

MEMBERS ONLY
Tuesday, September 03
10:00 (Dublin) | 11:00 (Berlin/Paris) | 05:00 (NYC) | 13:00 (Dubai) | 14:30 (Delhi) | 17:00 (Singapore)
Register now 👉 bit.ly/3Wz1xk1

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