Listen "Fraud at Wirecard? A discussion with Christian Dreyer (CFA)"
Episode Synopsis
Join me and Christian Dreyer, Independent Analyst and Former CEO of the Charted Financial Analyst (CFA) Society Switzerland, for a discussion to understand how a German DAX listed Fintech Star can inflate Sales and Profits by 2 Billion USD. At least so it seems. How can that happen unnoticed? Who’s to blame and who’s accountable? The auditors, The Supervisory Board, The Government Regulator BAFIN…?
Despite the Enron Scandal back in 2001, defrauding 40 Billion USD and scandals such Parmalat, Medoff’s Ponzi scheme and misconduct by a number of banks during the Financial Crisis of 2008, something is just plainly wrong in how the ‘check & balances’ System is structured in our Financial Industry.
Christian believes we need a comprehensive reassessment of the system, engaging watchdogs on the EU level, as well as independent Supervision of supervisors and audit companies. There is too much conflict of interest and too much at stake, such as investor trust and a systemic failure of our global financial system.
More about Mentorit.TV:
http://youtube.com/mentorittv
More about Christian Dreyer:
https://www.linkedin.com/in/cdreyer/
- -
Road Trip by Joakim Karud https://soundcloud.com/joakimkarud
Music promoted by Audio Library https://youtu.be/vpssnpH_H4c
Learn more about your ad choices. Visit megaphone.fm/adchoices
Despite the Enron Scandal back in 2001, defrauding 40 Billion USD and scandals such Parmalat, Medoff’s Ponzi scheme and misconduct by a number of banks during the Financial Crisis of 2008, something is just plainly wrong in how the ‘check & balances’ System is structured in our Financial Industry.
Christian believes we need a comprehensive reassessment of the system, engaging watchdogs on the EU level, as well as independent Supervision of supervisors and audit companies. There is too much conflict of interest and too much at stake, such as investor trust and a systemic failure of our global financial system.
More about Mentorit.TV:
http://youtube.com/mentorittv
More about Christian Dreyer:
https://www.linkedin.com/in/cdreyer/
- -
Road Trip by Joakim Karud https://soundcloud.com/joakimkarud
Music promoted by Audio Library https://youtu.be/vpssnpH_H4c
Learn more about your ad choices. Visit megaphone.fm/adchoices
More episodes of the podcast On The Pulse
Saying Yes To Desire with Suzanne Eder
07/12/2023
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.