Season 3, Episode 34 - The Docket Part 2: Jane Doe

Welcome to Season 3 of Lies, Spies & Corporate Crimes: The Wirecard Saga. The Wirecard Saga has become the world’s leading source of all things Wirecard. In The Wirecard Saga, Lies, Spies & Corporate Crimes, host Mikhail Reider-Gordon, Managing Director of Institutional Ethics & Integrity at Affiliated Monitors, looks at the biggest financial scandal in post-war Germany from a variety of angles. In the latest episode of “The Wirecard Saga,” hosted by Mikhail Reider-Gordon, the discussion heats up as they delve into the recent developments surrounding the scandal. They highlight the minimal penalty imposed on EY, which failed to take adequate action, leading to the multi-billion-dollar corporate collapse of Wirecard, affecting stakeholders at various levels. She also discusses ongoing legal proceedings, including the upcoming proceedings and the role of KPMG’s forensic audit team during the scandal. The lack of importance given to compliance at Wirecard is also spotlighted, despite the formation of a formal compliance department. The podcast raises questions about how many missed opportunities there were to identify the fraud and why Wirecard employees didn’t take action to prevent it. Mikhail will explore more unethical and illegal behavior, new entities highlighted through the lawsuit, and criminal charges filed against in Austria in next week’s episode. Take advantage of this exciting and informative podcast! Listen now and join the discussion. Key Highlights: Request for Courch Change from Apas KaMuG Test Case IAASA Assesses Penalties for Bad WUKI Audits Professional Scepticism and Balance Confirmations FRC Enforcement           KPMG Kept in the Dark Two Out of 5000 Compliance Department of One Lack of Interest in Compliance and Law Sending Millions By Phone Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to Season 3 of Lies, Spies & Corporate Crimes: The Wirecard Saga. The Wirecard Saga, has become of the world’s leading sources on all things Wirecard. In The Wirecard Saga; Lies, Spies & Corporate Crimes, host Mikhail Reider-Gordon, Managing Director of Institutional Ethics & Integrity at Affiliated Monitors looks at the biggest financial scandal in post-war Germany from a variety of angles. On this episode, our host analyses the series of events connected to the company's downfall and the trial dates, as well as the Singaporean Police Force's investigation. In addition, the podcast examines other entities connected to the Wirecard scandal, including the German Ministry of Defense. Tune in to The Wirecard Saga for all the latest updates! Key Highlights Trial dates set in Singapore Why won’t Germany take up Singapore’s offer? Braun as Captain of the Titanic  He’s not a joiner Second guessing CEO’s decisions Judge Frodisch just can’t understand TPA’s were firewalls CEO of only some departments Another loan to an off-shore entity EY gets pulled back in Wirecard Card Solutions’ legacy PayRNet and RailsR ‘historic’ problem Lietuvos Bankas says PayRNet engaged in gross TF From Bad to Worse Procurement Corruption 4Strat and the Austrian-Russian connection Notable Quotes 1.     "I have never been a gang member or even their leader. I had no personal relationship with any of these people."  2.     "I didn't believe for a single second that the business wasn't there." "We said very clearly, we regard the third party partners as an intermediate step. The TPA is reviewed as a form of firewall, essentially, intercessors who create a distance between Wirecard and dealers, that is a layer to appear to reduce risk."  3.     "I am convinced that the business existed, but obviously significant parts did not flow into the escrow account.""  4.     "You couldn't run everything, the Wirecard Bank. And remember, all those illicit charges on cards needed to be recoded to get past Visa, Mastercard, Wirecard, Amex. And the intermediary banks, don't forget them. There were a lot of moving parts."  Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to Season 3 of Lies, Spies & Corporate Crimes: The Wirecard Saga. The Wirecard Saga, has become of the world’s leading sources on all things Wirecard. In Lies, Spies & Corporate Crimes: The Wirecard Saga; Mikhail Reider-Gordon, Managing Director of Institutional Ethics & Integrity at Affiliated Monitors looks at the biggest financial scandal in post-war Germany from a variety of angles. On this episode, Mikhail delves into the ongoing trial of Wirecard and Ollie Bellenhaus, who stand accused of numerous layers of deceit. She covers the landmark decision made by the Irish highest court as well as details around the many underlying entities that could now become exposed as a result. Mikhail also explores the many shell companies created. Tune in to this captivating episode to explore the world of corporate deceit, fraud, and money laundering on the Lies, Spies, and Corporate. Key Highlights: ·      The History of Limited Liability Companies in Britain;   ·      Allegations of Fraud in Binary Option Trading;  ·      The Impact of Being Victimized by Financial Fraud Involving a Legitimate Business; ·      The Exploitation of Investors;  ·      The Impact of Directors on Corporate Business: Examining the Cases of Ryan Coats and Liam Granger;  ·      Credit Card Companies and Financial Services Providers; ·      Money Laundering Through Offshore Accounts in Ireland; ·      The Irish Central Bank's Concern with Grey Mountain's Unlicensed MSB Operation and Their Response; ·      Tax Evasion or Loss of VAT Revenue in Ireland; and ·      Directors' Liability in an Irish Company. Notable Quotes 1. "They label Bellenhaus, a professional liar."  2. "The defense lawyers accused him of so many layers of deceit. It was almost comical."  3. "The court's decision means where a fraud perpetrated can be found to have a nexus through Ireland, there is now a basis to unmask those that ultimately benefited from that fraud no matter where they are."  4. "Until this case, no Irish court had ever held that the veil of incorporation could be pierced or should be pierced in order that directors be held personally liable for the actual emissions of their company, in a case like the one mister Powell was bringing."  Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to Season 3 of Lies, Spies & Corporate Crimes: The Wirecard Saga. The Wirecard Saga, has become of the world’s leading sources on all things Wirecard. In Lies, Spies & Corporate Crimes: The Wirecard Saga; Mikhail Reider-Gordon, Managing Director of Institutional Ethics & Integrity at Affiliated Monitors looks at the biggest financial scandal in post-war Germany from a variety of angles.  In this episode, Mikhail brings us all up to date on the status of the court cases.  Some of the highlights include:  An entire Criminal Chamber for Wirecard Does Braun have the sitzfleisch? Bellenhaus’s selective memory Just who exactly was falsifying the documents? Bellenhaus beats back his better angels A 500% raise demand EY had two brushes with the fraud Auditors give up public accounting licenses and Apas closes its investigation Court rejects motions to stay Rejection may offer ultimate grounds for appeal Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to Season 3 of Lies, Spies & Corporate Crimes: The Wirecard Saga. The Wirecard Saga, has become of the world’s leading sources on all things Wirecard. In Lies, Spies & Corporate Crimes: The Wirecard Saga; Mikhail Reider-Gordon, Managing Director of Institutional Ethics & Integrity at Affiliated Monitors looks at the biggest financial scandal in post-war Germany from a variety of angles.  In this episode, Mikhail continues her exploration of those persons, entities and governments who have been damaged, some beyond repair, by Wirecard and the nuclear fallout from its scandal.  Some of the highlights include:  Hello! Marsalek Austria’s DSN finds unexploded ordinance Gattringer rides again Marsalek and Grechenig RISE KPMG to Benko, you need DSIRF Subzero attacks Beware of partners selling software Signa and Benko raided Germany’s Arne Schonbohm fired Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to Season 3 of Lies, Spies & Corporate Crimes: The Wirecard Saga. The Wirecard Saga, has become of the world’s leading sources on all things Wirecard. In Lies, Spies & Corporate Crimes: The Wirecard Saga; Mikhail Reider-Gordon, Managing Director of Institutional Ethics & Integrity at Affiliated Monitors looks at the biggest financial scandal in post-war Germany from a variety of angles.  In this episode, Mikhail continues her exploration of those persons, entities and governments who have been damaged, some beyond repair, by Wirecard and the nuclear fallout from its scandal.  Some of the highlights include:  Claims of exculpatory evidence concealed  Much is irrelevant to this trial Shopping on eBay Cash to the HedgeHog Shareholder lawsuit struck down Germany’s FIU forgets 100,000 STRs BaFin ups their social media presence Apas punts Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to Season 3 of Lies, Spies & Corporate Crimes: The Wirecard Saga. The Wirecard Saga has become the world’s leading source of all things Wirecard. In Lies, Spies & Corporate Crimes: The Wirecard Saga, Mikhail Reider-Gordon, Managing Director of Institutional Ethics & Integrity at Affiliated Monitors, looks at the biggest financial scandal in post-war Germany from a variety of angles. In this episode 34, Mikhail continues her exploration of those persons, entities, and governments who have been damaged, some beyond repair, by Wirecard and the nuclear fallout from its scandal. Some of the highlights include: Lawsuits continue to disclose more dirt A truly brave whistleblower Crimes against children fund Wirecard German technology fueled Internet porn How to hide dirty profits  MindGeek was a good client Banks in it together: Wirecard, FBME & Deutsche Visa played its part Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to Season 3 of Lies, Spies & Corporate Crimes: The Wirecard Saga. The Wirecard Saga has become the world’s leading source of all things Wirecard. In Lies, Spies & Corporate Crimes: The Wirecard Saga, Mikhail Reider-Gordon, Managing Director of Institutional Ethics & Integrity at Affiliated Monitors, looks at the biggest financial scandal in post-war Germany from a variety of angles. In this Episode 33 of Season 3, Mikhail continues her exploration of those persons, entities, and governments who have been damaged, some beyond repair, by Wirecard and the nuclear fallout from its scandal. Some of the highlights include: Braun’s Small Victories and Large Defeats So Many Potential Witnesses Rolling Back the Balance Sheet Years The Dutch Advantage EY is Unable to Focus Lint in the Deep Pockets Moon Shot for Vucak Cutting Deals Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to Season 2 of Lies, Spies & Corporate Crimes: The Wirecard Saga. The Wirecard Saga, has become of the world’s leading sources on all things Wirecard. In Lies, Spies & Corporate Crimes: The Wirecard Saga; Mikhail Reider-Gordon, Managing Director of Institutional Ethics & Integrity at Affiliated Monitors looks at the biggest financial scandal in post-war Germany from a variety of angles.  In this Episode 2 of Season 3, Shell Games, she continues her exploration of those persons, entities and governments who have been damaged, some beyond repair, by Wirecard and the nuclear fallout from its scandal.  Some of the highlights include:  Marsalek in love O’Sullivan’s detention Crook on crook crime Citizen of Vanuatu Vanrenen: The Pink bits are ours Electronic Fundraising Company A history of TPAs Pay2 play WorldPlay and the Commission The name game IoM the place to be Bespoke services Harding hangs a shingle Matroyshka dolls Enabling Transnational Crime Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to Season 2 of Lies, Spies & Corporate Crimes: The Wirecard Saga. The Wirecard Saga, has become of the world’s leading sources on all things Wirecard. In Lies, Spies & Corporate Crimes: The Wirecard Saga; Mikhail Reider-Gordon, Managing Director of Institutional Ethics & Integrity at Affiliated Monitors looks at the biggest financial scandal in post-war Germany from a variety of angles.  In this Episode 2 of Season 2, The Vagabond Rapping At Your Door, she continues her exploration of those persons, entities and governments who have been damaged, some beyond repair, by Wirecard and the nuclear fallout from its scandal.  Some of the highlights include:  Braun’s Christmas in the clink Braun admits to fraud TPAs were always a mirage Shopping at Toys R Us Jaffe blames everyone 40,000 peeved and aggrieved Austrian court says fire away Achleitner manages expectations Early Wirecard investor also owns Braun Damning report uneasy read for EY German higher court says try again EY Law counsels audit client Learn more about your ad choices. Visit megaphone.fm/adchoices